man looks at one of the cheapest new cars

What Are The Ten Cheapest New Cars In 2024?

Average car prices have skyrocketed across the board. So much so that even the least expensive vehicles are climbing in price. However, plenty of value remains at the lower end of the market.

If you're looking for a stylish ride but don't want to leave as much money in your bank account as possible, one of these top ten cheapest new cars in 2024 might be what you're looking for.

10 Cheapest New Cars in 2024

The price decreases as you travel further through the list.

1. 2024 Mazda CX-30

Price: $24,995

This year, Mazda upped the ante with its CX-30, adding blind-spot monitoring and rear cross alert to its standard equipment. The subcompact SUV boasts lively handling and a premium-esque cabin. It's unarguably one of the most upscale vehicles in its category.

In the standard package, you get all-wheel drive and a handling dynamic that deftly balances athleticism and comfort. Its base engine, 191 horsepower, is ultra-capable, but the turbocharged four-cylinder upgrade is worth the extra investment.

The only downside is the non-touch infotainment system. The rotary dial input feels rudimentary on such an otherwise impressive ride.

2. 2024 Hyundai Kona

Price: $24,250

The Kona has been redesigned for this year, and enthusiasts aren't disappointed. The new model boasts extra cabin space and many valuable features in its standard edition. 

While the base engine's 147 horsepower leaves us wanting, you can pep it up with the optional 190-horsepower turbocharged four-cylinder. As for the ride quality, it's smooth on most road surfaces and much more athletic than its predecessor.

a couple stands next to one of the cheapest cars in 2024

3. 2024 Subaru Impreza

Price: $24,250

The 2024 Subaru Impreza may not be much to look at, but it has a stellar personality. It has excellent handling with all-wheel drive in the standard package.

Despite that, calling it "sporty" is an adjective too far. It doesn't have an athletic transmission, and the 152-horsepower engine is pretty slow (although not unsafe).

4. 2024 Ford Maverick

Price: $23,815

Ford has smashed it out of the park with the Maverick — it's affordable and has decent capability.

This year's model comes standard with a turbocharged two-liter four-cylinder gas engine. You can choose between front- and all-wheel drive, and it boasts 277 pound-feet of torque and 250 horsepower.

In addition, there's a ton of storage, a spacious cabin, and a fantastic eight-inch touchscreen.

5. 2024 Buick Envista

Price: $22,400

This model is brand-new for 2024. It combines a luxurious interior with unbelievable affordability, although it only has a modest 136 horsepower. 

If you're willing to spend more, you'll get leather seats, but cloth upholstery is standard. The basic model also has an 11-inch touch screen, Apple CarPlay, and Android Auto.

6. 2024 Volkswagen Jetta

Price: $21,435

The Jetta has a good miles per gallon and pretty low-key styling. However, it seems to lack features — probably in Volkswagen's effort to meet an attractive price point. Not to mention that ride and handling aren't ideal, and the interior feels very cheap.

7. 2024 Kia Forte

Price: $20,915

This is the cheapest compact car you can get. It's simple yet does its job. The fuel economy from its two-liter 147-horsepower engine is impressive. However, it doesn't produce enough "oomph" to motivate the car. The basic Forte model also has an unrefined CVT and a less-than-ideal safety score.

8. 2024 Nissan Sentra

Price: $20,890

Nissan has prioritized comfort and affordability with this year's Sentra. This car may be your new best friend if both match your ideals. It also has efficiency, which is perfect for those with longer commutes.

9. 2024 Mitsubishi Mirage

Price: $16,695

The 2024 Mitsubishi Mirage hatchback seats five, has a combined mpg of 39 and comes with a 10-year or 100,000-mile powertrain warranty. However, the G4 sedan version is affordable at $17,795 and has more legroom in the back.

10. 2024 Nissan Versa

Price: $16,390

As America's least-expensive new car this year, you'd be forgiven for thinking the Versa lacks features. But you'd be wrong. The base form has a five-speed manual transmission, smartphone integration, aluminum alloy wheels, and a split folding rear seat. You get a lot of bang for your buck with the 2024 Nissan Versa. 

women celebrates getting a payday loan at her computer

Need to Fix Your New Car Unexpectedly? Consider An Emergency Loan!

Just because these are the top ten cheapest new cars doesn't mean they're necessarily cheap to fix. And if you've recently purchased one of these vehicles, you may be looking at some expensive repairs.

While you should have an emergency fund to cover unexpected repairs, you may not have enough money saved to fund the entire job. So, you can turn to us at Cash Cow. Whether you're looking for payday or title loans, we can help you acquire both. 

How To Get A Payday Loan In Louisiana

In this situation, you may prefer to get a payday loan

A payday loan is a short-term loan that lets you borrow between $100 and $300 to fund minor vehicle repairs (and other emergencies). All you need is a driver's license (or a different kind of state-issued identification), the most recent pay stub, and a blank check from an active checking account in your name.

With these requirements taken care of, follow these steps to get a payday loan from us:

  1. Get connected to your local Cash Cow by giving us a call or using our simple request form.
  2. We will call you back to confirm the information you provided on the form, answer your questions, and explain the process. We'll also tell you what you need to qualify for a payday loan from us.
  3. Bring the requirements (listed above) to your nearest Cash Cow branch.
  4. When you arrive, we will review your documents to determine whether you meet the requirements and how much you can qualify for.
  5. If you are happy with the amount you qualify for, we'll show you where to sign the forms.
  6. Lastly, you wait for the money to hit your account. This can take as little as 24 to 48 hours, but specific timeframes vary on a case-by-case basis. 

Get A Payday Loan From Cash Cow Right Now!

You know the year's cheapest new cars, from the $24,995 2024 Mazda CX-30 to the $16,390 2024 Nissan Versa. Be sure to share this with your friends or family searching for a new set of wheels — it might help them snag a fantastic deal. 

If you're struggling to cover the costs of unexpected vehicle repairs, don't hesitate to contact us at Cash Cow. Complete our online inquiry form or give us a call to kickstart the process immediately!

Note: The content provided in this article is only for informational purposes, and you should contact your financial advisor about your specific financial situation.

Mason Roberts

Mason Roberts is a seasoned economics writer and blogger with a knack for breaking down and simply communicating the ever-changing world of finance. He is philosophically committed to the premise that financial knowledge equals financial freedom.