Current:Home > FinanceA list of the 5 new vehicles with the lowest average purchase prices in the US -ProfitLogic
A list of the 5 new vehicles with the lowest average purchase prices in the US
View
Date:2025-04-17 23:29:53
A new car that costs under $20,000, 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
veryGood! (5858)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Will Ferrell reflects on dressing in drag on 'SNL': 'Something I wouldn't choose to do now'
- An 8-year-old boy who ran away from school is found dead in a neighborhood pond
- Dancing With the Stars Season 33 Trailer: Anna Delvey Reveals Her Prison Connection to the Ballroom
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Police killing of an unarmed Nebraska man prompts officers to reconsider no-knock warrants
- NYPD Commissioner Edward Caban to resign amid FBI corruption probe, ABC reports
- Newly freed from federal restrictions, Wells Fargo agrees to shore up crime risk detection
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Make Your NFL Outfit Stadium Suite-Worthy: Bags
Ranking
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- AP Week in Pictures: Global
- Average rate on a 30-year mortgage falls to 6.20%, its lowest level since February 2023
- How to watch August’s supermoon, which kicks off four months of lunar spectacles
- The Super Bowl could end in a 'three
- New Hampshire governor signs voter proof-of-citizenship to take effect after November elections
- Smartmatic’s suit against Newsmax over 2020 election reporting appears headed for trial
- Marcellus Williams' Missouri execution to go forward despite prosecutor's concerns
Recommendation
Questlove charts 50 years of SNL musical hits (and misses)
2024 Emmy Awards predictions: Our picks for who will (and who should) win
Bozoma Saint John talks Vikings, reality TV faves and life while filming 'RHOBH'
Utility ordered to pay $100 million for its role in Ohio bribery scheme
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Award-winning author becomes a Barbie: How Isabel Allende landed 'in very good company'
Cam Taylor-Britt dismisses talent of Chiefs' Xavier Worthy: 'Speed. That's about it'
Testimony begins in civil case claiming sexual abuse of ex-patients at Virginia children’s hospital