Everyone will agree that Ferrari’s are speedsters, Lamborghini’s are beautiful, and a Rolls-Royce is the ultimate show of wealth. It is also common knowledge that the vast majority of people can’t afford such luxury vehicles.
Most people want an affordable car, but that can mean different things. A car may be cheap to buy, but rack up high costs when insured or when its fuel efficiency is considered. We know a place you can visit if you want to get the best crop of used automobiles for your money- ZeMotor.com. It is a fast-growing online platform that can help you to some of the cheapest deals around.
Here is a list of the most affordable car brands based on the selling price and fuel economy.
Cheapest brands to buy in 2020
2020 Chevrolet Spark Hatchback: $14,395
The 2020 Chevrolet Spark is a beautiful car and has the added advantage of being one of the cheapest cars to come out of 2020. Some people claim that the 1.4 liter inline-4 and small 98 hp engine is a pretty big trade-off, but it’s worth it for that price.
2020 Mitsubishi Mirage Hatchback: $14,990
The Mitsubishi company has always been known for rolling out reliable and pocket-friendly vehicles. The 2020 Mirage Hatchback is no exception. Under the hood, you’ll find a 1.2-liter inline-3 gas engine that delivers as much as 78 hp. It might not be a hot rod, but it’s as close as you’ll get at that price.
2020 Nissan Versa: $15,655
The Nissan Versa has always been one of the most affordable cars on the market. The 2020 model is no exception. It is arguably the most powerful vehicle in the list. It has a 1.6-liter inline-4 engine, which has a power rating of 122 hp with 114lb-ft of torque reaching the tires. Packed with more electronic devices than any car of its size requires, the 2020 Versa is genuinely a bargain.
2020 Mitsubishi Mirage G4: $15,990
Think of a sedan version of the Mitsubishi Hatchback. You don’t get more power, it’s not any faster, but you get a fuel-efficient vehicle at a mouth-watering price. Under the hood, you’ll find the same 1.2-liter inline-3 gas engine delivering 78 hp as the Hatchback.
2020 Hyundai Accent Sedan: $16,270
The 2020 Hyundai Accent Sedan is a little power horse. Despite being the smallest car from the company and one of the lowest on the list, it packs a new 1.6-liter inline-4 engine, which produces 120 hp. Put this on a beautiful 113lb frame and see what we mean when we say that it is an incredibly great vehicle.
2020 Toyota Yaris Sedan: $16,605,
The latest iteration of Toyota’s smallest sedan, the Yaris, appears to be a remodeling of the Mazda2. It has a 1.5-liter inline-4 engine, which puts out 106 hp and 103lb-ft of torques. It is not a powerhouse, but it is affordably cheap. The two lower trims run on a manual transmission, but from the XLE trim, you can get that smooth automatic transmission.
Most fuel-efficient vehicles in 2020
These vehicles might not have the lowest selling price, but their fuel efficiency will save you quite a few bucks down the road.
2020 Toyota Yaris Hatchback $17,750
We don’t mean any joke when we say the Yaris Hatchback is fuel-efficient. Rating 32 mpg in the city and 40 mpg on the highway, this little car packs a 1.5-liter four-cylinder and six-speed automatic transmission rated at 106 hp and 103lb-ft of torque.
2020 Nissan Versa: $15,655
Making its second entry on the list is the Nissan Versa. Besides being one of the cheapest vehicles you can buy, it’s also one of the most fuel-efficient with a 32mpg city rating and reaching 40 mpg on the highway. Sporting a 6-liter inline-4 engine giving out 122 hp with 114lb-ft of torque, you can’t believe a powerful car can be so economical.
2020 Kia Forte FE $18,790
While the Forte FE is a little bit pricier than the other entries on the list, the 31mpg city rating and 41 mpg highway make up for that. The little car is also somewhat a powerhouse. It boasts of a147 hp engine in the LXS and GT trims. It’s a bit expensive but equally reliable and efficient.
2020 Mitsubishi Mirage ES: $15,295
A brother to the equally economical Mirage G4, many may argue that this is one of the weakest cars to roll out this year in terms of power, but they can’t doubt its fuel economy. Carrying a 1.2-liter inline-3 gas engine, it delivers 78 hp and 74lb-ft of torque, all with a 36 mpg and 43 mpg city and highway rating, respectively.
2020 Honda Fit LX $16,990
The Fit line from Honda has always been economical cars, and the 2020 Fit LX is no exception. The 36mpg combined rating comes from the 1.5-liter, 128 hp engine, which delivers 113lb-ft of torque. Combine that with Esther continuously variable transmission, and you have a pretty smooth ride.
2020 Kia Rio $15,850
The Rio has a 36mpg combined range, 33 mpg in the city and 41 mpg on the highway. It has two variants, the Rio LX and the more expensive Rio S. Both spot the same 1.6-liter gas engine and continuously variable transmission, which spits out 120 hp. The only difference between the two is that the Rio S has more equipment and costs about $600 more.
Finding an affordable car isn’t just about the low selling price and fuel economy. You have to factor in insurance, repairs, maintenance, and a host of other things. Rest assured that at Zemotor.com, you can get yourself the most affordable deals on any vehicle you’re looking for.