The Ultimate Guide To Cheapest New Cars 2021

Cheapest New Cars 2021

Cars are one of the most popular items in the market, making people look for the best cheap cars. Every year with the launch of a new model, car prices go high.

As the demand increases, the prices are bound to escalate. Sometimes the prices are so high that many people can’t even afford them.

But this is not the case anymore. The reason being that now the automakers are taking care of customers more than ever.

Earlier vehicles came with a fixed price that was available to all. But now, different models are made for different price ranges.

It is easy to find a brand new car under $25,000 than finding a house. So, if you are looking for an affordable ride, then Locar Deals can help you.

Not everyone believes in going all-in when buying certain items. A financially strong person might not worry about the price of a car, but a common man with lots of expenses will have to think twice before making any big financial decision.

Personal vehicles are a necessity. You need one for your travel to work or college. They are the best mode of transportation for long journeys or spend some quality time with your family.

With 2021 here, we can help you find the best affordable cars of 2021. So let us get started and help you find out the best cheap cars of 2021.

9 Best Affordable Cars 2021

Affordable cars are the new requirement. People nowadays prefer the best cheap cars instead of going for a high-end luxury ride.

Well, the reason is simple. Cars lose their value over time. Thus people don’t like to make an investment that is going to depreciate heavily down the road.

While in contrast to this, some people simply can’t afford a luxury car. But the need for a vehicle makes people take drastic steps.

Many people end up taking big loans and, in the end, find themselves crushed under heavy debts.

To make sure this does not happen to you, Locar Deals is here with its list of the 9 best cheapest new cars of 2021.

You heard it. You can now finally own a brand new car that comes with the tag of affordability. Below is the list that our automobile experts have prepared for you.

Let us have a look.

  1. Subaru Forester
  2. Chevrolet Equinox
  3. Hyundai Venue
  4. Hyundai Elantra
  5. Kia Soul
  6. Nissan Versa
  7. Kia Rio 
  8. Hyundai Accent 
  9. Chevrolet Spark

Best Cheap Cars- The Ultimate Guide To Cheapest New Cars 2021:

Being knowledgeable about things makes you wise. If you know about automobiles and the automotive world, it will make your work a lot easier than you think.

However, if you have little to no knowledge about how things work around a vehicle’s selling & purchasing, then you are in big trouble.

We always hear people being scammed by dealers. And if you look closely into that information, you will find out that those people are the ones who had no idea what they were doing in the first place.

Thus, it is necessary to prepare yourself so that you are not fooled by the big talks of any salesperson.

To make you an informed buyer, we have prepared this ultimate guide regarding the best cheapest new cars of 2021.

You can learn every minute detail about these cars, make comparisons, and can finally find a car that suits you in all manner.

Going in the field with a choice in your head will save you time and hassle. So let us find out which affordable car is ideal for you.

1. Subaru Forester

cheapest new cars 2021
  • MSRP: $24,795
  • Factory Invoice Price: $23,099
  • Engine Specs: 2.5 L 4-cylinder
  • Transmission: Continuous variable transmission
  • Horsepower: 182 hp
  • City MPG: 26
  • Highway MPG: 33
  • Annual Fuel Cost: $1,550
  • Powertrain Warranty: 5 years or 60,000 miles
  • Limited Basic Warranty: 3 years or 36,000 miles

If practicality is the base of your car hunt, then Subaru Forester is the winner. There are a few vehicles in the market that are as practical as the Subaru Forester.

It is one of the best affordable cars of 2021 that you can go for. The car has an upscale interior, comfortable seats, spacious seating, and ample cargo space.

Not only this, you get the latest technology features in Subaru Forester along with many standard features like all-wheel drive, making it the perfect driving partner for the winters.

The vehicle comes with a four-cylinder robust engine that yields impressive fuel economy.

The car is loaded with many active safety features which will keep you and your family safe on the streets.

With a starting price of $25,000, Subaru Forester is a luxury wrapped in the box of affordability.

2. Chevrolet Equinox

cheapest new cars 2021
  • MSRP: $23,800
  • Factory Invoice Price: $23,776
  • Engine Specs: 1.5 L 4-cylinder
  • Transmission: 6-speed automatic
  • Horsepower: 170 hp
  • City MPG: 26
  • Highway MPG: 31
  • Annual Fuel Cost: $1,650
  • Powertrain Warranty: 5 years or 60,000 miles
  • Limited Basic Warranty: 3 years or 36,000 miles

Another best cheap car that you can own is Chevrolet Equinox. If owning a compact SUV is in your mind, then Chevrolet’s Equinox model is for you.

It is a good choice as it comes with a base value of $23,800 only. The car has a spacious interior, comfortable ride quality, and many standard safety features.

The vehicle also comes with an easy to use infotainment system, which will make your long drive entertaining as well as thrilling.

Equinox has a turbocharged engine with standard 170 horsepower that can go up to 252 horsepower (in higher trims), which is more than enough to ride around in this mechanical beauty.

The good fuel mileage and attractive exterior make it the ideal choice as the best cheap cars of 2021.

3. Hyundai Venue

cheapest new cars 2021
  • MSRP: $19,935
  • Factory Invoice Price: $19,592
  • Engine Specs: 1.6 L 4-cylinder
  • Transmission: Continuous variable transmission
  • Horsepower: 121 hp
  • City MPG: 30
  • Highway MPG: 33
  • Annual Fuel Cost: $1,050
  • Powertrain Warranty: 10 years or 100,000 miles for original owners, 5 years/60,000 for subsequent owners
  • Limited Basic Warranty: 5 years or 60,000 miles

Another cheapest subcompact car that you can own is Hyundai Venue. This crossover is one of the best affordable cars of 2021 that gives you the best quality ride.

The strong exterior gives it a quality look, and it is an ideal car for a growing family. The turbocharged engine gives it an impressive speed that will surely fuel your thirst for speed.

This best cheap car comes with high-end safety features like a rear-view camera, touchscreen infotainment system, and more.

The venue holds an impressive fuel economy of 31 mpg on average. This is the only cheap car on this list that comes with a 10-year powertrain warranty for its users.

You can make this beautiful model yours for a base price of $19,935.

4. Hyundai Elantra

cheapest new cars 2021
  • MSRP: $19,650
  • Factory Invoice Price: $18,950
  • Engine Specs: 1.6 L 4-cylinder, 2.0 L 4-cylinder
  • Transmission: Continuously Variable Auto Transmission (CVT), 7-Speed Automatic, 6-Speed Manual
  • Horsepower: 147 to 201 hp
  • City MPG: 33
  • Highway MPG: 43
  • Annual Fuel Cost: $1,150
  • Powertrain Warranty: 10 years/100,000 miles for the original owner, 5 years/60,000 for subsequent owners
  • Limited Basic Warranty: 5 years or 60,000 miles

The next car on our list of best affordable cars in 2021 is Hyundai Elantra. Hyundai is one of the most loved and most trusted automobile brands worldwide, well-known for its affordable vehicles.

Elantra is a simple looking ride but holds the class of the brand very well. The interior has an upscale style, and the standard equipment is generous.

The car comes with many standard safety features, even in its base model. You get blind-spot monitoring, automated emergency braking, and an 8.0-inch touchscreen with Apple CarPlay & Android Auto, all in the base trim level.

Not only this, the user gets automatic transmission starting from the base. Hyundai Elantra can be yours for a base price of $19,650, making it one of the cheapest cars of 2021.

5. Kia Soul

cheapest new cars 2021
  • MSRP: $17,590
  • Factory Invoice Price: $17,053
  • Engine Specs: 1.6 L 4-cylinder, 2.0 L 4-cylinder 
  • Transmission: Intelligent Variable Transmission (IVT)
  • Horsepower: 147 to 201 hp
  • City MPG: 28
  • Highway MPG: 33
  • Annual Fuel Cost: $1,100
  • Powertrain Warranty: 10 years, 100,000 miles for the original owner, 5 years/60,000 for subsequent ownersLimited Basic Warranty: 5 years, 60,000 miles

Next name as the cheapest new car in 2021 is Kia Soul. Kia Soul is a subcompact SUV that comes with a size that can make it fit anywhere.

The car has sufficient space to accommodate passengers as well as cargo. You can increase the cargo area by putting down the rear seats making it the most spacious automobile under $20,000.

The base models come with a 147-hp inline-four and six-speed manual transmission. However, the car is only front-wheel drive which may not work for many buyers.

But the car gives you the great fuel economy of 35 mpg on the highway making it one of the best cheap cars for a long drive.

But if you are looking for a better Kia model, then you can go for Kia Seltos. But remember that will cost you more than what Soul is offering.

6. Nissan Versa

cheapest new cars 2021
  • MSRP: $17,425
  • Factory Invoice Price: $17,108
  • Engine Specs: 1.6L
  • Transmission: Continuously Variable Auto Transmission (CVT)
  • Horsepower: 122 hp
  • City MPG: 32
  • Highway MPG: 40
  • Annual Fuel Cost: $950
  • Powertrain Warranty: 5 years or 60,000 miles
  • Limited Basic Warranty: 3 years or 36,000 miles

Another cheapest car of 2021 that can be yours at an affordable price is Nissan Versa. The car comes with many standard safety features making it a good choice in its price range.

In Nissan Versa, you get front and rear automated emergency braking, automatic high beams, and lane-departure warning as standard safety features.

The car has a touchscreen infotainment system, but it lacks connectivity features like Android Auto, Apple CarPlay in its base trim.

With a 122hp and a standard continuously variable auto transmission, the car provides a good fuel economy of 40 mpg for the highway.

The Nissan Versa, one of the best cheap cars, can be yours for a base price of $17,425.

7. Kia Rio

Cheapest New Cars 2021
  • MSRP: $17,015
  • Factory Invoice Price: $16,541
  • Engine Specs: 1.6 L 4-cylinder
  • Transmission: Continuously Variable Auto Transmission (CVT)
  • Horsepower: 120 hp
  • City MPG: 33
  • Highway MPG: 41
  • Annual Fuel Cost: $900
  • Powertrain Warranty: 10 years/100,000 miles for the original owner, 5 years/60,000 for subsequent owners
  • Limited Basic Warranty: 5 years, 60,000 miles

Kia Rio is another model among the cheapest cars that you can go for in 2021. If the best affordable cars in 2021 are in the question, Kia Forte can be your answer.

The car is redesigned for 2021 and is available in sedan as well as hatchback with enhanced exterior looks.

With continuously variable auto transmission, Rio is only a front-wheel drive. The subcompact size makes it easy to handle, and you can park it anywhere with complete ease.

With the refreshed version for 2021, buyers can expect remodelled interior with topmost comfort. However, you need to know that both styles for Kia Rio lack cargo space.

Another feature that might not make buyers happy is that the car comes with poor steer handling, which is somehow what the company can provide at the given price.

8. Hyundai Accent

Cheapest New Cars 2021
  • MSRP: $16,400
  • Factory Invoice Price: $16,182
  • Engine Specs: 1.6 L 4-cylinder
  • Transmission: Continuously Variable Auto Transmission (CVT), 6-Speed Manual
  • Horsepower: 120 hp
  • City MPG: 33
  • Highway MPG: 41
  • Annual Fuel Cost: $1,400
  • Powertrain Warranty: 10 years/100,000 miles for the original owner, 5 years/60,000 for subsequent owners
  • Limited Basic Warranty: 5 years or 60,000 miles

The car with which your search for the best cheap cars in 2021 ends is Hyundai Accent. If you want to save money and still want a brand new ride in your garage, then this is the ideal car for you.

With a 120 hp front-drive, Accent comes with a standard six-speed manual. The car has one of the best fuel efficiency with 41 mpg on the highway.

The best cheap car that can save you money and let you enjoy the fun of driving is Accent. Despite the best friend for your money, Hyundai Accent has limited features.

The car has a plain interior. Users do get a five-inch infotainment touch screen with Bluetooth, but it does not come with Apple CarPlay or Android Auto.

The last thing to remember is that you get the best quality & standard of Hyundai at a mere price of $16,400, saving you a lot of money.

9. Chevrolet Spark

Cheapest New Cars 2021
  • MSRP: $15,495
  • Factory Invoice Price: $15,040
  • Engine Specs: 1.4 L 4-cylinder
  • Transmission: Continuously Variable Auto Transmission
  • Horsepower: 98 hp
  • City MPG: 30
  • Highway MPG: 38
  • Annual Fuel Cost: $1,000
  • Powertrain Warranty: 5 years or 60,000 miles Limited Basic Warranty: 3 years or 36,000 miles

The final car on this list of cheapest new cars in 2021 is Chevrolet Spark. It is one of the most affordable rides that can be yours for a base price of $15,495.

The car is ideal for individual use and small families. The vehicle has adequate cargo space, which can be increased by putting rear seats down.

With a four-cylinder turbocharged engine, the car gives you a good speed experience with an impressive fuel efficiency of 33 combined mpg.

Spark has only a nine-gallon fuel tank and lacks many standard safety features like forward-collision warning, automated emergency braking, etc.

However, you can have those safety features added by paying extra. Despite all this, Chevrolet Spark is ideal for those who are short on budget.

Buying a brand new Chevy Spark is better than going for any used car.

Conclusion

Cars are the most needed and safest mode of transportation. One needs a vehicle that serves them well and takes care of their comfort.

One must never feel ashamed for asking for help from others on such crucial matters. This is why Locar Deals has provided its readers with the list of the nine best cheap cars of 2021.

With a detailed listing of features and prices, you can make a well-informed decision on your own. But if you still have any doubts, ask us in the comments below.

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