Affordable Cars Priced From Under 15K

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Affordable Cars Priced Under $15K


Summary:

The market for vehicles priced under $15,000 is thriving and expected to grow significantly with the upcoming influx of affordable Chinese imports into the North American market within the next year.

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Are you in the market for a new car? You’ll be pleased to know there are plenty of models available for under $15,000. Here, we highlight twelve options, plus the soon-to-be-released Nissan Versa. With increased competition, now is a great time to compare, shop, and save!

Chevrolet Cobalt

The Chevrolet Cobalt, available for under $13,000, is one of the most affordable American-made cars. If that’s still outside your budget, consider the Chevrolet Aveo, which GM imports from its South Korean subsidiary, Daewoo. The Aveo starts at just $9,890!

Ford Focus

Priced at $13,990, the Ford Focus is the most affordable model offered by Ford in the U.S. Looking for an even better deal? Special incentives on the ZX3 version can save you up to $3,000.

Honda Civic Coupe

Finding a Civic under $15,000 is becoming a challenge as Honda moves it upmarket to compete with the Nissan Sentra and Toyota Corolla. However, the upcoming Honda Fit, priced at $12,000, promises a smaller, more affordable option in showrooms later this year.

Hyundai Accent and Elantra

Hyundai offers two models under $15,000: the Accent GLS starts at $12,455 and includes features like four-wheel disc brakes and an eight-way adjustable driver’s seat. The Elantra offers slightly more luxury, at about $1,300 more.

Kia Rio and Spectra

The Kia Rio, with an MSRP of $11,110, is the lowest-priced four-door car on the U.S. market. Recent updates include enhanced safety features like six airbags and crumple zones. For a more spacious option, consider the Kia Spectra.

Saturn ION

Base models of the Saturn ION are priced around $13,500. This price could drop even further as GM aims to boost sales of this and other slow-moving models.

Toyota Corolla

A staple in quality small cars, the Toyota Corolla is priced at $14,105. Though the lower-cost Echo has been discontinued, the new Yaris, debuting later this year, will retail for about $12,000.

Scion xA and xB

From Toyota’s Generation Y division, Scion, both the xA and xB models are priced under $15,000. The xA starts around $13,500, while the xB costs about $1,000 more.

Looking Ahead

Will affordable cars under $15,000 become a thing of the past? Hardly. With the 2007 introduction of Chinese vehicles from brands like Chery and Geely, the market will reinvigorate the sub-$10,000 category, potentially bringing prices as low as $6,600. In response, manufacturers like Ford and Dodge are exploring options to build and import cost-effective vehicles from overseas or Mexico.

You can find the original non-AI version of this article here: Affordable Cars Priced From Under 15K.

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