Current:Home > NewsA list of the 5 new vehicles with the lowest average purchase prices in the US -OceanicInvest
A list of the 5 new vehicles with the lowest average purchase prices in the US
View
Date:2025-04-27 18:53:01
A new car that costs under $20,000, once an unofficial threshold of affordability, is all but history in the United States.
Blame it on automakers abandoning the low-profit small-car business as American consumers increasingly gravitate toward pricier SUVs and trucks.
The compact Mitsubishi Mirage has become the last new vehicle with an average selling price under $20,000.
And even the Mirage appears on the way out. The trade publication Automotive News has reported that Mitsubishi will stop selling the Mirage by the middle of this decade. (Though there are other new cars with sticker prices under $20,000, Cox Automotive says those vehicles exceed that price threshold once shipping and options are figured in.)
Here are the five new vehicles with the lowest average selling prices in the United States, according to Cox.
1. Mitsubishi Mirage, $19,205
2. Kia Rio, $20,157
3. Nissan Versa, $20,763
4. Hyundai Venue, $23,971
5. Nissan Sentra, $23,994
veryGood! (97)
Related
- Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
- Europe’s inflation is up after months of decline. It could mean a longer wait for interest rate cuts
- Bachelor Nation's Adam Gottschalk Says Bryan Abasolo Put All He Could Into Rachel Lindsay Marriage
- Crib videos offer clue to mysterious child deaths, showing seizures sometimes play a role
- Juan Soto praise of Mets' future a tough sight for Yankees, but World Series goal remains
- Elections board rejects challenge of candidacy of a North Carolina state senator seeking a new seat
- Golden Globes host Jo Koy would like a word with Steven Spielberg: 'I mean, come on, bro'
- Charles Melton Reveals the Diet That Helped Him Gain 40 Pounds for May December Role
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Huge waves will keep battering California in January. Climate change is making them worse.
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Natalia Grace Case: DNA Test Reveals Ukrainian Orphan's Real Age
- Ballon d'Or 2024: 5 players to keep an eye on in coveted award race
- Europe’s inflation is up after months of decline. It could mean a longer wait for interest rate cuts
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Russia and Ukraine exchange long-range attacks as their front-line forces remain bogged down
- Backers of an effort to repeal Alaska’s ranked voting system fined by campaign finance watchdog
- Exploding toilet at a Dunkin’ store in Florida left a customer filthy and injured, lawsuit claims
Recommendation
Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
US says Russia has used North Korean ballistic missiles in Ukraine and is seeking Iranian missiles
New York governor pushes for paid medical leave during pregnancy
Casey Anthony's Dad Answers Questions About Caylee's Death During On-Camera Lie Detector Test
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Golden Bachelor's Gerry Turner Marries Theresa Nist in Live TV Wedding
Chaotic video shows defendant attack Las Vegas judge during sentencing
Pittsburgh family dog eats $4,000 in cash