Affordable Cars: 6 Best Options for Cars Under This Year

Are you thinking of buying a new set of wheels for the new year, but are afraid of how much it will eat up from your savings and budget? Then you have nothing to worry if you do some research beforehand. Here are a few choice cars that you can find in cars dealerships that will not break the bank.

6 Affordable Cars for You this Year

1. 2020 Chevrolet Spark Hatchback

Price: NZ$ 21,200

Considering that the average price of a brand new car is above NZ$ 52,600, the Chevy Spark Hatchback base model is a total bargain. It comes with a 1.4-liter inline-4 engine that produces 94 lb/ft torque and 98 hp with a five-speed transmission. Expect to shell out more for a continuous variable transmission version.

2. 2019 Mitsubishi Mirage Hatchback

Price: NZ$ 22,450

This subcompact hatchback from Mitsubishi is one of the cheapest cars in the market now, with an NZ$ 22,400-price tag. About 78 hp and 74 lb-ft of torque are produced by the 1.2-liter inline-3 engine under its hood, which makes the Chevy Spark a bit superior in performance.

3. 2019 Ford Fiesta Sedan

Price: NZ$ 22,920

Although Ford has ceased its production, the Fiesta is still available in the market through various dealerships. The Fiesta has a 1.6-liter inline-4 engine that gives it 120 hp and a torque of 112 lb-ft. The base model comes with the standard five-speed transmission while a higher-end model has a six-speed automatic transmission.

4. 2020 Nissan Versa

Price: NZ$ 23,500

For a season, the Nissan Versa is one of the least expensive cars on the market. However, its 2020 updates brought its price a bit higher than its previous model. The good news about this price increase, though, is it has higher quality. Its1.6-liter I4 engine produces a power of 122 hp with a torque of 114 lb-ft. It comes with the standard five-speed transmission but a CVT is available for those who have a little more extra cash to spend.

5. 2020 Hyundai Accent Sedan

Price: NZ$ 24,250

Though not really the least expensive car on this list, the combination of equipment and dynamics put on this sedan makes it a very promising vehicle for its price tag. All models utilize the same 1.6-liter I4 engine that yields 120 hp and 113 lb-ft torque. The base model comes with a six-speed transmission while the higher trims go with a CVT.

6. 2019 Kia Rio

Cars

Price: NZ$ 24,540

The Kia Rio is slightly more expensive than the Hyundai Accent which somehow makes sense since it is a better version of the latter. It has a 1.6-liter I4 engine that has a little more power than that of the Accent, giving you 130 hp and a torque of 119 lb-ft. All trims come with a six-speed transmission.

While there are a few other inexpensive cars that didn’t make the list, these are the best cars available on the market now that are guaranteed to satisfy you with their performance and price.

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