10 Most Affordable Cars of 2016

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10 Most Affordable Cars of 2016

If you really want to get the most car for your money, you have to look beyond purchase price. Spending more for a car that’s proven to hold its value well can often save you thousands in the long run compared to opting for a “great deal” on a lesser competitor. Our 5-Year Cost to Own figures combine depreciation with fuel, financing and insurance costs, and help you make a more informed decision when choosing a new car. Here are the 10 most affordable cars of 2016, based on a full 5-year buy-drive-sell ownership cycle.

Kia’s focus on style and features extends to its lowest-priced model, which is also backed by the automaker’s impressive 5-year/60,000-mile bumper-to-bumper and 10-year/100,000-mile powertrain warranties. Read more

The best-selling nameplate in the history of the world, Toyota’s venerable compact car is also the roomiest and most comfortable car on this list of mostly subcompacts. Read more

The all-electric Spark EV will never drink a drop of gas and it’s eligible for a $7,500 federal tax credit. Those are two easy ways to stretch your automotive dollar. Read more

The smallest Toyota benefits from the same big advantages that make the rest of the lineup so attractive: An excellent reputation for quality and reliability that translates into excellent resale values. Read more

The Versa Note hatchback is among the subcompact segment’s roomiest, most flexible entries. And for a little extra money you can add one of our favorite features in the class: Nissan’s Around View Monitor gives you a very helpful 360-degree bird’s-eye view of the car in parking situations. Read more

With roots reaching back to Ford of Europe, the fifth-most affordable car of 2016 is without a doubt the most fun-to-drive entry on this list. Read more

Even at its base sticker price of $15,570 with destination, the Accent includes air conditioning, power windows and door locks, a 172-watt AM/FM/CD/MP3/satellite radio with USB/iPod integration, 6-way adjustable driver's seat, tilt steering wheel and folding rear seats. A corporate cousin to the Kia Rio, the Accent is also covered by a 5-year/60,000-mile bumper-to-bumper and 10-year/100,000-mile warranty. Read more

A regular entry on our annual list of the coolest cars under $18,000, the Fit’s enduring appeal stems from its uncanny flexibility and practicality. And its fun-loving attitude doesn’t hurt. Read more

Totally redesigned for 2016, Chevrolet’s 4-door minicar seats four people surprisingly well and is now notably more refined. Spend a little extra and you can have up-to-the-minute conveniences like 4G LTE WiFi and Apple CarPlay. Read more

With a starting sticker price of just $12,815 including destination, Nissan’s subcompact sedan is the lowest-priced new car in the country and our overall 5-Year Cost to Own champion. The pricier Versa Note hatchback offers greater flexibility and refinement, but the Versa sedan is once again the low-price leader. Read more


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