The 10 cheapest new cars in 2024

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The Mitsubishi Mirage ES will be the cheapest new car in 2024. (iStock)

New cars are becoming less expensive to buy, below the all-time highs reached during the pandemic. Drivers now have some leeway when it comes to choosing which cars to buy.  

Cars. com recently brought the cheapest new cars on the market, helping drivers get cars with features for less than $25,000.

“The vehicles on the list of the 10 cheapest new cars in Cars. com are decided and ranked based on the base value of the lowest vehicle in the U. S. U. S. Transportation Charges as of April 2024. Destination charges are also factored into the vehicle charge; All stocks also come with an automatic transmission. Taxes and fees are not included,” Stef Schrader, editor-in-chief of Cars. com, told Fox.

Whichever remedy you choose, you’ll want to make sure you have the right insurance policy for your car and your budget. Visit Credible now to compare quotes for free.

ONE OF THE MAIN GOALS OF AMERICANS IS TO BUY A NEW CAR AND BUILD EMERGENCY SAVINGS: STUDY

Here are the cars that have Cars. com named as the highest in 2024.

The cheapest on the Cars. com list, the Mitsubishi Mirage ES, is a small hatchback that consumes well. It reaches 39 miles per gallon, but it’s also notoriously slow. The 2024 model includes rain sensors with automatic headlights and a driver’s armrest as standard.

Drivers of a popular sedan that provides more protection and motive power benefits will appreciate the Nissan Versa. It’s an affordable vehicle with automatic braking, lane departure warning, and high-beam assist. Since it is a 2024 model, it also comes with technological features. such as Bluetooth and a home button.

Kias tend to be reliable cars and the Kia Forte LX is one of the cheapest Kias available. The car gets a smart 34 mpg, making it a smart daily commuter. In addition, it incorporates a giant touch screen with Android Auto and Apple. Carplay.

The Hyundai Venue SE is a hatchback and an SUV. Buyers of a small SUV with all the basics can find it at the 2024 edition of the Venue SE. All models have an eight-inch touchscreen with Apple CarPlay and Android Auto.

Chevrolet’s Trax LS costs just under $22,000 and is one of Chevrolet’s most affordable SUV options. It’s only available in FWD version, but the 2024 model comes with a larger touchscreen and Apple and Android wireless connectivity.

Fans of the original cars will appreciate the new Kia Soul LX. It’s an upscale hatchback with popular protection features and powerpower assist features, which adds emergency braking, rear occupant alert, and lane-departure warnings. The new settings in 2024 are most commonly cosmetic. and they come with larger 18-inch wheels and a new Umber interior color.

In seventh position in the Cars. com report, the Nissan Sentra is a small sedan with a sleek, sporty appearance. The 2024 updates come with a stop-start feature, which adjusts the fuel power to 34 miles per gallon combined. Lack of speed to other options.

Nissan offers a front-wheel-drive vintage sedan in the Kicks S. The 2024 model is barely changed from its 2021 update, but it is still one of Nissan’s top hatchbacks. It comes with a wide diversity of protection features, adding automatic transmission. Emergency braking, rear cross-traffic alert, blind-spot warnings and automatic high beam assist.  

The Hyundai Elantra SE is a low-strapped, spacious, and completely redesigned sedan for 2024. It has gotten major styling updates and security additions. There are new side and rear airbags, as well as a rear seatbelt reminder.

The Toyota Corolla LE is a sedan or hatchback with a respectable fuel efficiency of 35 mpg. It’s reliable as a user and the hybrid versions have an impressive combined fuel consumption of 50 miles per gallon. The 2024 model comes with protection features and popular extras. such as lane departure warnings, guidance assist, and traffic sign popularity capabilities.

Comparing car insurance quotes can potentially save you a lot of dollars each year. Credible can help you compare free quotes in minutes.  

CONSUMERS ARE SEEING HIGHER PAYMENTS IN EXCHANGE FOR BETTER BORROWING RATES

Auto insurance has been on the rise for a year and shows no signs of slowing down. In March, the auto insurance index rose 2. 6 percent, indicating that premiums are rising nationwide.

Drivers who own less expensive but still reliable cars tend to pay lower rates than those who own more expensive vehicles.

“Affordable cars tend to be less expensive to insure because they charge less to repair or replace them, resulting in lower collision premiums and comprehensive coverage,” Schrader told Fox. “For newer and older cars, insurance companies will look at the true cost of the car looking for the promotion value of comparable cars at auction. However, insurance rates don’t just account for the value or cost of the car, factors such as theft risk and driver profile, plus age and driving history; , also play a vital role. ” 

“While economy cars have lower insurance costs, it’s vital to get quotes and keep them in mind to have a full understanding of insurance expenses,” continued Shrader.  

Make sure you have car insurance by comparing your rates from time to time. Credible’s auto insurance marketplace simplifies the rate buying procedure. Get quotes today.

MANY DRIVERS SPEND MORE THAN 30% OF THEIR MONTHLY INCOME ON CAR LOANS, AND CAR INSURANCE COSTS ARE ALSO RISING

Do you have a similar query to finance, but don’t know who to ask?Email Credible Money Expert at moneyexpert@credible. com and Credible could answer your inquiry in our Money Expert column.

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