11 Best New 2022 Cars Under $20K: Quality Despite Being Cheap

The new model year has started, and the 2022 models are already making their way to the dealerships. It is the perfect time for you to check out the new 2022 cars under 20k.

Budget is one of the major issues why people are unable to get the vehicles they desire. The sticker prices of new models can be shocking as vehicle prices increase every year. But some companies offer exclusive models that are highly affordable. When we say affordable, it does not mean you have to compromise on quality.

With advanced technology, you can easily find 2022 cars under 20k that offer ample seating area, high-end tech & safety features, comfort, and more.

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In this article, we have listed new 2022 models that cost less than 20k. We have listed the vehicles based on affordability followed by available features.

Keep reading to learn about the 2022 cars under 20000.

Table of Contents Overview

11 Best 2022 Cars Under 20k

Money is one of the major concerns of a buyer. Buying a vehicle that is way out of your budget is not a wise thing to do.

But people still go with it because they believe cheap cars lack the quality basic features. However, it is not true, at least not anymore.

In current times, you can find a vehicle that can carry basic high-end features, and still be extremely affordable. To stand by this statement, we present you our list of 11 best 2022 cars under 20k.

2022 Kia Soul
2022 Kia Rio
2022 Ford Maverick
2022 Mitsubishi Mirage
2022 Hyundai Accent
2022 Kia Forte
2022 Hyundai Elantra
2022 Subaru Impreza
2022 Hyundai Venue
2022 Toyota Corolla
2022 Chevrolet Spark

Check Out The Best 2022 Cars Under $20,000

Do you have a strict budget for purchasing a new vehicle? Is finding an ideal automobile that is safe, reliable, and holds top-class features at low cost becoming a nightmare for you?

If you answered yes to both of the above questions, then our list of 2022 new cars under 20k will surely put a smile on your face.

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We understand that rising prices are your big concern. However, the vehicles mentioned below are the latest 2022 models that made their way to the American dealerships.

With these models, you do not have to compromise on quality as they take care of your pocket while offering good features at acceptable sticker prices.

Let us begin our list of 2022 cars under 20k.

1. 2022 Kia Soul

MSRP: From $19,190
Engine: 1.6 L 4-cylinder, 2.0 L 4-cylinder
Horsepower: 147 to 201 hp
MPG: Up to 28 city / 33 highway
Dimensions: 165″ L x 71″ W x 63″ H

2022 Kia Soul is a brand new compact car that comes with an initial price of $19,190. The vehicle is powered by a standard 1.6 four-cylinder engine producing 147 horsepower. An optional 2.0-liter four-cylinder is also available that can boost up to 201 horsepower.

The vehicle features adult-friendly seats, ample cargo space, easy to use entertainment system, and a lengthy warranty period. 2022 Soul offers six trim levels. However, for your search of 2022 cars under 20k, only the LX trim falls under your budget.

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2. 2022 Kia Rio

MSRP: From $16,150
Engine: 1.6 L 4-cylinder
Horsepower: 120 hp
MPG: 33 city / 41 highway
Dimensions: 160-173″ L x 68″ W x 57″ H

The 2022 Kia Rio is the brand new subcompact car of the company for the new model year. This five-door ride does not fail to impress.

It is powered by a compact 1.6-liter four-cylinder engine is paired with the continuous variable transmission, boosting 120 horsepower.

The vehicle offers luxury features like Kia Connect eServices, plush seating, standard rear backup camera & more. Not only this, the model holds high fuel economy in its class.

The model is available in sedan and hatchback body styles, with sedan having a base price of $16,150 and hatchback having a base price of $17,090.

3. 2022 Ford Maverick

MSRP: From $19,995
Engine: 2.0 L 4-cylinder, 2.5 L 4-cylinder
Horsepower: 191 to 250 hp
MPG: Up to 23 city / 30 highway
Dimensions: 200″ L x 73″ W x 69″ H

2022 Ford Maverick is another 2022 new car under 20k that you can consider purchasing. This all-new model is a pickup truck that has a high-performance engine, feudal efficient powertrains, impressive smooth handling, and a stylish interior.

The low starting price of $19,995 makes it an attractive choice. However, you should know that in comparison to its many competitors it offers low towing capacity and small bed.

But overall, this is a good work vehicle that is highly affordable. It comes in three trim levels, and the XL trim is the only one that costs less than 20k.

4. 2022 Mitsubishi Mirage

MSRP: From $14,645
Engine: 1.2 L 3-cylinder
Horsepower: 78 hp
MPG: Up to 36 city / 43 highway
Dimensions: 151″ L x 66″ W x 59″ H

When affordability is the key parameter, how can anyone not mention Mitsubishi? The 2022 Mitsubishi Mirage is among the top new cars under $20,000.

This subcompact car comes in four trim levels with the price going from $14,645 for the base trim ES to $17,895 for the highest trim SE. All the trims are powered by a three-cylinder engine.

The vehicle offers outstanding gas mileage, a user-friendly and well-equipped infotainment system, and a reassuring warranty.

5. 2022 Hyundai Accent

MSRP: From $16,645
Engine: 1.6 L 4-cylinder
Horsepower: 120 hp
MPG: 33 city / 41 highway
Dimensions: 173″ L x 68″ W x 57″ H

Another subcompact car that falls under the radar of 2022 cars under 20k is the 2022 Hyundai Accent. This vehicle comes in three trim levels, with the base one costing $16,645 and the highest one costing $19,600.

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Although this vehicle is not much athletic, it sure does offer a roomy interior, intuitive tech features, and good gas mileage. For 2022, the manual transmission is discontinued from the line-up.

6. 2022 Kia Forte

MSRP: From $19,090
Engine: 1.6 L 4-cylinder, 2.0 L 4-cylinder
Horsepower: 147 to 201 hp
MPG: Up to 31 city / 41 highway
Dimensions: 183″ L x 71″ W x 57″ H

2022 Kai Forte is a compact vehicle and one of the best 2022 cars under 20k. This vehicle is available in four trim levels, and you can buy FE for $19,090 & LXS for $19,590.

The vehicle comes loaded with many safety & entertainment features, offers a spacious cabin & cargo area, and good fuel economy. You get two four-cylinder engine choices paired with an optional 7 speed automatic, 6-speed manual, and continuously variable transmission.

7. 2022 Hyundai Elantra

MSRP: From $19,850
Engine: 1.6 L 4-cylinder, 2.0 L 4-cylinder
Horsepower: 147 to 201 hp
MPG: Up to 33 city / 43 highway
Dimensions: 184″ L x 72″ W x 56″ H

2022 Hyundai Elantra is one of the most reliable new cars under $20,000. The vehicle offers four trim levels for 2022 with a newly introduced N trim. However, under the budget of 20k, you can only go for the base level trim starting at $19,850.

The compact car has a refined powertrain, user-friendly infotainment system, poised handling, fuel-efficient engines, and a long list of many standard tech & safety features.

Despite all this, the model lacks in its interior quality and average cargo space in its class. However, overall it is one of the best affordable models out there.

8. 2022 Subaru Impreza

MSRP: From $18,795
Engine: 2.0 L 4-cylinder
Horsepower: 147 to 201 hp
MPG: Up to 28 city / 36 highway
Dimensions: 176-183″ L x 70″ W x 57-59″ H

Looking for the best cars under 20k? How about going for the famous & reliable Japanese automaker Subaru? The 2022 Subaru Impreza is a good choice for all the buyers who want a good featured ride on a low budget.

This compact car offers a comfortable interior, balanced ride & handling, and easy-to-use tech features. The vehicle is powered by a 2.0-liter four-cylinder engine that can boost 152 horsepower. Good gas mileage is another highlight of this model.

You can buy the base level trim for an initial price of $18,795.

9. 2022 Hyundai Venue

MSRP: From $18,900
Engine: 1.6 L 4-cylinder
Horsepower: 121 hp
MPG: 29 city / 33 highway
Dimensions: 159″ L x 70″ W x 62″ H

If you are looking for an affordable family ride, then the 2022 Hyundai Venue is your next best friend.

This compact sport utility vehicle offers a roomy seating area, excellent fuel economy, thrilling driving dynamics, many standard safety & tech features, and affordable pricing.

Under your radar of 20k, out of the three offered trims, you can buy the SE trim for $18,900 and SEL trim for $20,650. The third trim Limited costs around $22,150.

10. 2022 Toyota Corolla

MSRP: From $20,075
Engine: 1.8 L 4-cylinder, 2.0 L 4-cylinder
Horsepower: 139 to 169 hp
MPG: Up to 31 city / 40 highway
Dimensions: 182-183″ L x 70″ W x 56-57″ H

2022 Toyota Corolla can be your next ride with a starting price of $20,075. The model line-up comes with eight trims, and you can buy L ($20,075) and LE ($20,525) under the 20k limit.

The vehicle has pleasant driving dynamics, great fuel economy, user-friendly features, and many standard driver assistance features.

You get to experience a comfortable ride. The restrained engine performance and small cargo space are its only shortcomings.

11. 2022 Chevrolet Spark

MSRP: From $13,600
Engine: 1.4 L 4-cylinder
Horsepower: 98 hp
MPG: Up to 30 city / 38 highway
Dimensions: 143″ L x 63″ W x 58-59″ H

The most affordable 2022 cars under 20k are none other than the 2022 Chevrolet Spark. The vehicle comes with a 1.4-liter four-cylinder engine offering excellent fuel economy.

This subcompact car is not only affordable but also easy to handle. Furthermore, It offers many user-friendly tech features. The price of the model goes from $13,600 for the base level trim LS to $18,100 for the highest level trim 2LT CVT. Despite all this, the vehicle lacks in terms of interior space, safety features, and slow acceleration.

Top FAQs About Most Reliable Car Under $20K

Are the 2022 cars out yet?

YES. The new model year has started in the fall of 2021. So, now you can see many 2022 automobiles available for purchase.

Many top brands like Hyundai, Kia, BMW, Toyota have already debuted their 2022 models in the mid of 2021.

So, if you want a good 2022 car under 20k, now is the right time to look.

What is the most reliable car under 20k?

When it comes to reliability, no one can beat the Japanese & South Korean automakers. So, if you are looking for an affordable reliable car, the top brands like Hyundai, Subaru, and Kia are your best shot.

Some of their 2022 models that fall under 20k are:

2022 Kia Soul
2022 Kia Rio
2022 Hyundai Accent
2022 Kia Forte
2022 Hyundai Elantra
2022 Subaru Impreza
2022 Hyundai Venue
2022 Toyota Corolla

What is a good car under $20k?

A good car under 20k is the one that does not let you compromise over the quality. It is a well-known truth that automobiles are one of the costliest items to buy.

And it is hardly unlikely for anyone to find anything worth quality for just 20k. However, with continuous enhancement in technology, some automakers can achieve it.

Now you can own a good vehicle under 20k. But before you make a purchase, ensure that the vehicle has all the needed standard safety features, easy-to-use tech features, acceptable interior & cargo space.

You can not compromise on these basic requirements. So, if a vehicle under 20k offers these features, it is a good ride, period.

What car to buy for $20000?

If you are among the people who are facing a financial crunch and can not spend much on a new vehicle but are in dire need to have one, then our list of 2022 cars under 20k is for you.

All the listed vehicles hold energetic engines, offer good & comfortable seating areas, average cargo space, and standard safety & tech features.

Check out our best-handpicked models:

2022 Kia Soul
2022 Kia Rio
2022 Ford Maverick
2022 Mitsubishi Mirage
2022 Hyundai Accent
2022 Kia Forte
2022 Hyundai Elantra
2022 Subaru Impreza
2022 Hyundai Venue
2022 Toyota Corolla
2022 Chevrolet Spark

What affordable 2022 SUVs are out now?

If you’re thinking about a 2022 SUV that comes under the radar of affordability, then the 2022 Hyundai Venue is the only one available in the market so far.

This subcompact sport utility vehicle comes with an initial price of $18,900 and is powered by a 1.6-liter four-cylinder engine boosting 121 horsepower.

It offers good interior & cargo space and impressive fuel economy.

Conclusion

Despite all the shortage of supply, the model year 2022 is going to be one of the best with its long list of amazing releases. There are all kinds of models available starting from high-end luxury to affordable. This article covers our list of 11 best 2022 cars under $20K. We hope you enjoy your read and find an ideal vehicle for your next purchase.