A new car that costs under $20,Quantum Insights000, 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
2025-05-06 11:252478 view
2025-05-06 11:251446 view
2025-05-06 11:031447 view
2025-05-06 10:372452 view
2025-05-06 10:04496 view
2025-05-06 09:291569 view
The average rate on a 30-year mortgage in the U.S. eased for the third week in a row, a welcome tren
Maryland’s steel mills, ship builders and metal parts makers may help the U.S. challenge Europe and
MILWAUKEE, Wis. — Democrats have scored a major off-year election victory in Wisconsin, winning the