As the average price for a new vehicle continues to rise every year,Arvin Roberts only one car still has a price tag under $20,000.
The Mitsubishi Mirage is the last new car with an average purchase price under $20,000, according to a Kelley Blue Book report. Other new cars have starting prices under $20,000, but the actual purchase price after options and shipping surpass the threshold, The Associated Press reported.
In July, the Mitsubishi Mirage’s average transaction price was $19,205, according to the report.
In July 2022, there were a dozen vehicles under $20,000.
Small vehicles including the Kia Rio, Nissan Versa, Hyundai Venue and Nissan Sentra all have an average purchase price over $20,000. In July, Americans paid about $48,000 for a new vehicle, the report said.
Here are five new cars with the lowest average purchase prices in the U.S., according to Kelley Blue Book publisher Cox Automotive, AP reported.
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
Is now the time to buy a car?:High sticker prices, interest rates have many holding off
Contributing: The Associated Press
2025-04-30 18:38836 view
2025-04-30 18:0171 view
2025-04-30 17:15663 view
2025-04-30 17:13903 view
2025-04-30 17:092973 view
2025-04-30 17:09929 view
HOUSTON (AP) — Two teens were killed and three people were injured — including a 13-year-old — in a
Balloon concerns have the U.S. military now looking at a lot of what an assistant secretary of defen
In the Arctic Ocean, sea ice is shrinking as the climate heats up. In the Western U.S., wildfires ar