Here’s a list of vehicles under $25K


As the average price for a new vehicle continues to rise every year, only one car still has a price tag under $20,000.

The Mitsubishi Mirage is the last new car with an average purchase price under $20,000, according to a Kelley Blue Book report. Other new cars have starting prices under $20,000, but the actual purchase price after options and shipping surpass the threshold, The Associated Press reported.

In July, the Mitsubishi Mirage’s average transaction price was $19,205, according to the report.

In July 2022, there were a dozen vehicles under $20,000.

Mitsubishi sales person Matthew Boston walks past a new Mitsubishi Mirage for sale at El Cajon Mitsubishi on Tuesday, Aug. 8, 2023, in El Cajon, Calif.

Small vehicles including the Kia Rio, Nissan Versa, Hyundai Venue and Nissan Sentra all have an average purchase price over $20,000. In July, Americans paid about $48,000 for a new vehicle, the report said. 

Here are five new cars with the lowest average purchase prices in the U.S., according to Kelley Blue Book publisher Cox Automotive, AP reported.



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