11 Best New Cars Under $12000 in 2023 – Reviews Photos & Details

If you are looking for new cars under $12000, then you have come to the right place. Locar Deals is an automotive blog that can help you find the perfect ride as per your requirements.

Automobiles are among the costliest commodities that you will invest in. Buying a vehicle sure costs a lot of money, but not everyone can afford luxurious rides with high-end prices.

However, there are still some automakers who are trying their best to offer their customers brand new cars for under 12000 dollars. But you still need to understand that your probability of finding a used car under $12000 is more than finding a new one.

Suggestion For Reading: 25 Best Selling Cars in the United States – Most Popular Cars.

To help you with your car buying budget, today we have the list of best new cars under 12000 along with the best-used cars under $12000.

11 Best New Cars Under $12000 in 2023

Today we have a list of the best cars under $12000 for you. We have divided the cars into two subcategories, namely brand new and the used ones.

All the mentioned vehicles can be yours for the restricted amount of 12000 dollars making it easy for you to get the best value for your price.

1. Hyundai Accent (MSRP: $9,970 – $11,070)
2. Chevrolet Aveo (MSRP: $11,965 – $15,365)
3. Nissan Versa (MSRP: $9,990 – $10,990)
4. Kia Rio (MSRP: $11,495 – $14,025)
5. Toyota Yaris (MSRP: $12,205 – $15,880)

Reliable New Cars Under 12000 Dollars in Details

Brand new cars are the costliest. Whether you go for a car with a low starting price, it will still hold more value than a used version.

Suggestion For Reading: Upcoming New Cars In 2022 That Every Car Buyer Must Check Out.

If you have been searching for new cars under $12,000 near me and have not found any relevant results, then we are not surprised. In today’s competitive times when people buy costly things without thinking twice, getting a vehicle at a reasonable rate is hard.

But we still manage to find you the 11 best cars under 12000.00 that you can buy in 2023. They are not only best for you but also for your teenage drivers at home.

1. Hyundai Accent

Hyundai Accent made its debut in 1994 and has been in the market since then. The model is well known for its reliability, good technological features, and impressive safety ratings.

Accent comes with a 1.6-liter turbocharged engine that can produce up to 120 horsepower which is acceptable for a car for its price.

Don’t Miss To Checkout: 11 Fastest Cars Under $30K (2023 Updated).

With an efficient fuel economy, Hyundai accent suits your restricted budget and is indeed one of the best new cars under $12000 that you can buy in 2023.

This subcompact car is ideal for you and your family.

Key Specifications:

• MSRP: $9,970 – $11,070
• Engine: 1.6 L 4-cylinder
• MPG: Up to 33 city / 41 highway
• Horsepower: 120 hp

How Safe is New Hyundai Accent?

The Hyundai Accent is one of the safest cars on this list. The vehicle has got 4-star safety rating from NHTSA and a G(Good) grade from IIHS.

• Overall NHTSA safety rating: 4 star
• Overall IIHS safety rating: G(Good)

More Popular For You

• 6 Cheap Cars with Paddle Shifters – Benefits of Paddle Shifters
• 11 Salient Questions to Ask When Buying A Used Car
• Top Car Brands That Start With The Letter J
• 6 Most Expensive Cars in the World of All Time 2022
• Popular Box-Shaped Cars in the USA

2. Chevrolet Aveo

Chevrolet Aveo is the old yet new model you will find on this list of new cars under $12000. Aveo is one of the least expensive American cars you can find to purchase. This vehicle is not only cheap to buy but cheap to drive as well.

The excellent fuel efficiency, long list of standard features, and impressive safety ratings make this subcompact car an ideal choice.

Though many might not see it, Chevrolet Aveo is a good choice for first-time buyers and the ones who are on a strict budget.

Suggestion For Reading:

Best Car Scratch Removers.

If cheap new cars under 12000 are your target, it gets completed with the classic Chevrolet Aveo.

Key Specifications:

• MSRP: $11,965 – $15,365
• Engine: 1.6 L 4-cylinder
• MPG: Up to 27 city / 35 highway
• Horsepower: 108 hp

How Safe is Chevrolet Aveo?

The Chevrolet Aveo is a safe car. Aveo has received A(Acceptable) grade from IIHS and a 3.5-star rating from the NHTSA.

• Overall NHTSA safety rating: 3.5 star
• Overall IIHS safety rating: A(Acceptable)

3. Nissan Versa

Nissan Versa is another subcompact car that fits well in our requirement of new cars under $12000. 

This fuel-efficient vehicle has good performance for the price. Nissan Versa is easy to drive, comes with spacious seats, and is also safe for you and your family.

This is a car that will show up even when you look for new cars under 10k. The price for Nissan Versa that you may have to pay ranges from $9,990 to $10,990.

Suggestion For Reading: 2022 Jeep Grand Cherokee Reviews, Specification & Price – Production Starts?

Thus your search for a car that is not only cheap to buy but cheap to keep ends with a goody-two-shoes Nissan Versa.

Key Specifications:

• MSRP: $9,990 – $10,990
• Engine: 1.6 L 4-cylinder
• MPG: Up to 32 city / 40 highway
• Horsepower: 122 hp

How Safe is Nissan Versa?

The Nissan Versa is one of the safest new vehicles under $12000. It received a 5-star rating from NHTSA and a G(Good) grading from IIHS, making it the best.

• Overall NHTSA safety rating: 5 star
• Overall IIHS safety rating: G(Good)

4. Kia Rio

Well, the list seems to be doing well with the subcompact cars. Kia is a well-known automobile brand in the USA. Kia’s vehicles are one of the most pocket-friendly you can find in the American car market.

Kia Rio is the smallest car in the Kia lineup, but this does not mean it lacks in any manner. This is one of the low-priced new cars under $12000 that is also well built.

Related: Best Kia Lease Deals & Incentives Offers

For its class, the vehicle has satisfactory safety ratings. However, this model us model is best suited for low-speed and casual driving. All in all, it is ideal for your teenage kid or an elderly member of the family.

Key Specifications:

• MSRP: $11,495 – $14,025
• Engine: 1.6 L 4-cylinder
• MPG: Up to 33 city / 41 highway
• Horsepower: 120 hp

How Safe is Kia Rio?

The subcompact car, Kia Rio comes with feasible safety ratings. Rio scored 4 star NHTSA rating and G(Good) grading from IIHS, giving you the assurance you need.

• Overall NHTSA safety rating: 4 star
• Overall IIHS safety rating: G(Good)

5. Toyota Yaris

Toyota is the biggest automobile company in the world and is well known for its vehicles being affordable, reliable, and safe.

So, if you want to continue with the best new cars under $12000, then Toyota Yaris is the one for you.

With 1.5litre four-cylinder turbocharged engine, the vehicle can roar up to 106 horsepower. Not only this, Yaris also holds a strong fuel economy making it easy on you.

Popular For You: 8 Best Bug and Tar Remover For Cars To Buy Online

You can get this brand new car for the price range of $12,205 – $15,880. It might seem a little out of budget but if you can afford it, you should go for the higher levels to get the best features.

Key Specifications:

• MSRP: $12,205 – $15,880
• Engine: 1.5 L 4-cylinder
• MPG: Up to 32 city / 40 highway
• Horsepower: 106 hp

How Safe is New Toyota Yaris?

Toyota Yaris holds a five-star safety rating from the NHTS and a G(Good) grading from the IIHS, making it one of the safest cars for your family under 12000 dollars.

• Overall NHTSA safety rating: 5 star
• Overall IIHS safety rating: G(Good)

You can even think of all the above-mentioned rides like the used cars under $15,000 in 2023.

Top FAQ Related New Cars Under 12000 Dollars in 2023

Conclusion

Finding new cars under $12000 is hard. There are not many models available in the market for such a budgeted price. 

However, there are a few models that exist. So to help you with your search of finding the right car under a restricted budget, we have created this list that contains 10 reliable new cars under 12000 dollars. We hope you find this list useful.