Find the Best Car Deals Near You ⤵
Top 30 New Cars for the Budget-Minded
April 23, 2015
When shopping for a new car, price is usually the most important factor besides safety. After all, no one wants to be saddled with a new car payment they will be struggling with every month.
The good news is that for those on a tight budget -- such as new college graduates -- there are lots of great vehicles available today that will not break the bank. To prove it, Forbes recently released a list of 30 new cars that each come out to under $300 a month (assuming 20% down payment and 5 year loan). Vehicles on the list include the Hyundai Elantra GT, Ford Focus, Toyota Prius c, Jeep Patriot, and Kia Soul. Below is the full list of 30.
And for even more savings on these new cars, make sure to use TrueCar No Haggle and CarsDirect to help get the lowest price possible.
Top 30 New Cars on Tight Budget
| Vehicle | Monthly Payment* |
|---|---|
| Chevrolet Spark | $178 |
| Mitsubishi Mirage | $189 |
| Smart ForTwo | $193 |
| Kia Rio | $203 |
| Ford Fiesta | $203 |
| Nissan Versa Note | $206 |
| Chevrolet Sonic | $207 |
| Hyundai Accent | $214 |
| Toyota Yaris | $216 |
| Kia Soul | $221 |
| Honda Fit | $227 |
| Kia Forte | $231 |
| Chevrolet Cruze | $235 |
| Nissan Sentra | $239 |
| Dodge Dart | $239 |
| Jeep Patriot | $243 |
| Toyota Corolla | $246 |
| Fiat 500 | $249 |
| Ford Focus | $250 |
| Hyundai Elantra | $251 |
| Nissan Frontier | $261 |
| Jeep Renegade | $262 |
| Hyundai Veloster | $262 |
| Honda Civic | $266 |
| Kia Forte Koup | $270 |
| Hyundai Elantra GT | $273 |
| Toyota Prius c | $284 |
| Kia Forte 5 | $286 |
| Volkswagen Jetta | $300 |
| Nissan Versa | N/A |
Signup for The Weekly Newsletter
Each week, I'll keep you up-to-date on the latest car deals and news that might affect your purchase. This includes...
- Best Rebates, Incentives, and Lease Deals
- Latest Car Buying Scams and Tricks
- The Best & Worst Time to Buy a Car
- Which Cars You Should Avoid
About The Author
Gregg Fidan is the founder of RealCarTips. After being ripped off on his first car purchase, he devoted several years to figuring out the best ways to avoid scams and negotiate
the best car deals. He has written hundreds of articles on the subject of car buying and taught thousands of car shoppers how to get the best deals.
Latest Weekly Car Buying Tips
March 2025
- New Cars with the Most Available Inventory Mar 27, 2025
- Best Car Deals Around the Country Mar 27, 2025
- Price Comparison of Subcompact SUVs Mar 27, 2025
- Largest Hidden Dealer Rebates Mar 27, 2025
- All SUV Lease Deals Compared March 2025 Mar 20, 2025
- Cars With the Largest Rebates Mar 20, 2025
- Which Cars Better to Lease or Buy Mar 20, 2025
- Real Prices of Midsize Cars Mar 20, 2025
- Best Bang for Your Buck Lease Deals Mar 13, 2025
- Best Electric, Hybrid Lease Deals Mar 13, 2025
- Top 100 Cheapest New Cars Right Now Mar 13, 2025
- Real Prices of Compact Cars Mar 13, 2025
- Top 100 Cheapest Lease Deals Mar 06, 2025
- Best 0% Finance Deals March 2025 Mar 06, 2025
- Biggest Discounts on New Cars March 2025 Mar 06, 2025
- Real Prices of New Compact SUVs Mar 06, 2025
- List of New Cars Most Affected by Tariffs Mar 06, 2025
February 2025
- Real Prices of Large SUVs Feb 27, 2025
- Cheapest Luxury Lease Deals Feb 27, 2025
- Real Prices of Pickup Trucks Feb 20, 2025
- Real Prices of Midsize SUVs Feb 13, 2025
I welcome your car buying questions. Email Me and I'll be glad to answer them!
