In the market for a new car, but not quite ready to hand over your life savings? Don’t worry, you don’t have to sacrifice reliability for affordability. In fact, many car brands offer impressive quality for a budget-friendly price. (These are the most affordable cars in the United States.)
It won’t come as any surprise to learn that brands like Honda, Toyota, and Kia are among the favorites for cheap car brands. Consistent best sellers, these brands have inexpensive price tags, high resale value, and some of the best reliability scores in the business. These are the reasons that can make them easy to sell, even over other brands like Mercedes, Lexus, and BMW.
Why We’re Covering This
Having a car these days is becoming more of a necessity as many of us work or go to school far from home. Fortunately, reliable but inexpensive cars are available for those on a tight budget. These vehicles not only offer lower upfront costs but also minimize unexpected repair expenses, saving you more in the long run.
8. Ford
You can’t ignore how good of a pickup the Ford Maverick is.
- Average car price: $40,527
- Bestsellers: Maverick, Escape
- Cheapest car: Maverick
- Five-year cost: $5,400
Pickup Heaven
The Ford Maverick is both reliable and fuel-efficient.
When you think about Ford, reliability may not come to mind after years of suffering from a negative reputation. However, as Ford has improved its reliability ratings, vehicles like the Ford Maverick and Escape offer some of the best value in their categories. The Maverick, in particular, offers plenty of towing and cargo capacity, all while offering a hybrid engine with some of the best fuel economy in the smaller pickup category.
7. Toyota
The Toyota is one of the best small cars available today.
- Average car price: $36,078
- Bestsellers: Highlander, Corolla, Camry
- Cheapest car: Toyota Corolla
- Five-year cost: $1,125
Outstanding Quality
It’s hard to ignore just how good the Corolla is.
For years, Toyota has been at the top of many lists for having the best combination of affordability and dependability. You get great initial value, strong resale value, and low maintenance costs. If you can get one of Toyota’s premium maintenance packages, you will also not have to pay for service appointments for the next four to five years.
6. Mazda
There is no question the Mazda3 is fun to drive.
- Average car price: $32,787
- Bestsellers: Mazda3, Mazda CX9, CX-30
- Cheapest car: Mazda3
- Five-year cost: $1,877
Zoom Zoom
Mazda has found the right balance between performance and price.
If you’re looking for something inexpensive that’s fun to drive, it’s hard to argue that the best vehicle is the Mazda3. Well known for its Zoom-Zoom tagline, Mazda has tried to differentiate itself from Toyota and Honda by designing its cars to look and feel sporty while driving. As a result of the company’s work, the Mazda3 is one of the most fuel-efficient cheap car brands you can purchase today.
5. Honda
- Average car price: $32,111
- Bestsellers: Civic, HR-V, Accord
- Cheapest car: Civic
- Five-year cost: $2,140
The Honda Civic
The Honda Civic is one of the most sold cars in America.
The Honda Civic may be the most popular cheap car among all the vehicles on this list. There is a reason why Honda (and Toyota) are at the top of the list every year running regarding reliability. Honda has long prided itself on ensuring that the durability of its vehicles is among its top priorities. This may have come at the expense of the latest tech features, but Honda has caught up in this area and is now looking to set itself up as the best all-around cheap car brand in America and the world.
4. Kia
The Kia Rio is small and comfortable for the price.
- Average car price: $31,988
- Bestsellers: Rio, Forte
- Cheapest car: Rio
- Five-year cost: $2,370
The Hyundai Alternative
The Kia Forte is a well-kept secret in the company’s lineup.
With Kia and Hyundai being almost interchangeable car brands, there is something equally outstanding about both. This is especially true if you find yourself with the Kia Maintenance Plan, which can cover your vehicle for up to six years, including two service appointments annually. Models like the Forte and the Rio are married to the budget pricing category and offer outstanding value for the price. You won’t mistake them for sports cars or vehicles with the latest technology, but you can’t deny they are among the best bang for the buck.
3. Buick
The Buick Encore is surprisingly sporty.
- Average car price: $31,950
- Bestsellers: Envista, Encore, Envision
- Cheapest car: Envista
- Five-year cost: $900
Low Five-Year Cost
For the price, you can’t do much better than the Buick Encore.
If you’re looking for a cheap car brand that offers some of the best five-year value you can find today, it’s the Buick. Rest assured, this is not your grandparent’s Buick, as the brand has done a complete 180 on its designs, moving toward a sportier, trendier-looking body that offers the latest technology features. The days of Buick being old and slow are gone, and now they provide excellent reliability with a value price tag.
2. Hyundai
The Hyundai Venue should not be overlooked.
- Average car price: $31,393
- Bestsellers: Venue, Elantra, Kona
- Cheapest car: Venue
- Five-year cost: $2,140
Strong Reliability Ratings
The Hyundai Kona also offers excellent reliability in terms of price.
Hyundai provides a lot of value when it comes to a car brand that offers an outstanding 10-year, 100,000-mile warranty. So long as you treat and value the Hyundai properly, you will see the value of this budget-friendly car brand. While some of its higher-end models like the Palisade can grab a higher price tag, if you stick to the more value-friendly models, you’ll be in good shape to keep your overall costs down.
1. Subaru
The Subaru Impreza promises to last for years.
- Average car price: $29,842
- Bestsellers: Impreza, Impreza wagon, Legacy
- Cheapest car: Impreza
- Five-year cost: $2,500
The Impreza Reigns Supreme
The Subaru Impreza is an excellent value.
While Subaru’s reputation has bounced back and forth between excellent and questionable over the last few years, it’s hard to ignore the call of the Subaru Impreza. With a starting price of just over $29,000, the 2024 Subaru Impreza took the vehicle in new directions with a more comfortable interior, improved infotainment experience, and exterior styling that helps it more than justify its price tag. While other Subaru models might be difficult to recommend, the Impreza is an easy winner.
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