A new car that costs under $20,Grant Preston000, once an unofficial threshold of affordability, is all but history in the United States.
Blame it on automakers abandoning the low-profit small-car business as American consumers increasingly gravitate toward pricier SUVs and trucks.
The compact Mitsubishi Mirage has become the last new vehicle with an average selling price under $20,000.
And even the Mirage appears on the way out. The trade publication Automotive News has reported that Mitsubishi will stop selling the Mirage by the middle of this decade. (Though there are other new cars with sticker prices under $20,000, Cox Automotive says those vehicles exceed that price threshold once shipping and options are figured in.)
Here are the five new vehicles with the lowest average selling prices in the United States, according to Cox.
1. Mitsubishi Mirage, $19,205
2. Kia Rio, $20,157
3. Nissan Versa, $20,763
4. Hyundai Venue, $23,971
5. Nissan Sentra, $23,994
2025-05-02 19:271374 view
2025-05-02 19:091605 view
2025-05-02 18:142351 view
2025-05-02 18:091470 view
2025-05-02 17:40118 view
2025-05-02 17:312639 view
PACCAR is recalling over 220,000 of its 2021-2025 Peterbilt and Kenworth trucks. The commercial tru
DUNBARTON, N.H. (AP) — It’s harvest time in central New Hampshire, and one farm there appears to hav
Brittany Cartwright is embracing a new look and a new era.One month after her split from ex-husband