: Small sedans generally have the lowest annual operating costs, estimated by AAA at roughly $6,354 per year for fuel, maintenance, and repairs.
The remains the cheapest new car available in the United States as of early 2026, with an MSRP starting as low as $18,585 . While its rock-bottom pricing makes it the entry point for new car ownership, several other subcompact sedans and hatchbacks offer competitive value when considering total cost of ownership, including insurance and reliability. Top Budget Picks (New Models) cheapest car to buy
: A tiny, city-friendly SUV starting around $21,295 . It’s a solid choice for urban drivers who prioritize a higher seating position and an easy-to-park footprint. Total Cost of Ownership Considerations : Small sedans generally have the lowest annual
: Starting at $23,145 , this model offers a stylish exterior and standard wireless smartphone connectivity. Top Budget Picks (New Models) : A tiny,
: The reigning champion of affordability. It features a high-quality interior for its price and impressive fuel economy (up to 35 mpg combined). However, reviewers from TrueCar note it is significantly slower than competitors and has a cramped back seat.
The "cheapest" car isn't just about the sticker price; insurance and maintenance play a massive role in long-term affordability.