Cheapest New Cars and Compact SUVs for 2024

Buick Envista Hyundai Kona Kia Seltos Chevrolet Trax Nissan Kicks Nissan Versa Kia Soul Volkswagen ID.2all Chevrolet Trailblazer Hyundai Sonata Tesla Model 3

Salman Chaudhary, Founder

2024 Kia Seltos
2024 Kia Seltos

12 Cheapest New Cars and Compact SUVs for 2024

Modern automotive news is dominated by supercar releases and luxury models that most of us cannot afford. Of course, such vehicles are important since they are created to push the industry's boundaries and showcase the latest developments from the car world. However, an average person would be more interested in models with the best value for the price and good reliability. So today at, we'd like to see the opposite side of the spectrum and review the cheapest new cars that are coming for the 2023 and 2024 model years.

1.Buick Envision

The all-new Buick Envision becomes the brand's most affordable model in the U.S. The crossover gets Buick's new design language, first introduced by the Wildcat concept. The front end boasts a rather wide black mesh grille accompanied by upper wing headlights and trapezoidal-shaped fog lights located below. The Envision features a striking sloped-down profile and sculpted doors. The mid-level ST trim also adds black exterior accents and bigger 18-inch wheels. Every Envision will offer standard an 11-inch infotainment system, an 8-inch digital instrument cluster, heated front seats, and several must-have driver's assists like automatic high beam headlights, automated emergency braking, and lane-keeping assist. There's no intrigue under the hood, where GM pairs a six-speed automatic transmission with a turbocharged 1.2-liter three-cylinder engine, delivering 136 horsepower and 162 pound-feet of torque exclusively to the front wheels.

The Buick Envision is expected to be available in three different trims with estimated prices. The base trim, known as the Preferred, is anticipated to have an estimated price of around $35,000. Stepping up to the Essence trim, you can expect to pay approximately $39,000 (est). For those seeking the highest level of luxury and features, the Avenir trim is projected to have an estimated price of about $48,000 (est). These estimated prices offer a range of options to cater to varying budgets and preferences within the affordable car market segment.

2. Hyundai Kona

Freshly redesigned, the 2024 Kona adheres to the brand's latest design direction seen in the Sonata, Stargazer, and the Grandeur. The crossover adopts thin seamless horizon light strips in the front and the rear gets rear arch cladding with integrated lamps and offers 19-inch wheels for the first time. The subcompact grows in size across all dimensions and has a 2.3-inch longer wheelbase. Despite this, it keeps the usual drivetrain selection: a 2.0-liter Atkinson cycle 4-cylinder with 149 horsepower, a 1.6-liter turbo with 198, a hybrid, and an electric variant. The cabin of the Kona offers a fully folding rear row, memory seats, and a 12.3-inch dual wide display cockpit with over-the-air updates. Gas-powered Konas are expected to go on sale this summer with a starting price of $23,500, while the battery-powered crossovers will be available for purchase in the fourth quarter for an estimated price of $36,000.

3. Kia Seltos

Smaller than the Sportage but bigger than the Soul, the Kia Seltos won the hearts of numerous U.S customers with its value-for-money pricing, spacious cargo space, and generous tech. For the 2024 model year, the Seltos gets updated exterior featuring a bigger tiger-nose grille, redesigned bumpers, new vertical fog lights, and a stylish LED rear light bar that connects the tail lamps. Without providing exact numbers, Kia claims that the cabin will offer noticeably more space, a sleeker design, and a new optional panoramic multimedia setup. The latter expands over the dashboard, connecting two 10.25-inch displays for the instrument cluster and touchscreen purposes, respectively. The base model is expected to maintain last year's touchscreen but comes with an updated standard 4.2-inch gauge display. The biggest change, however, is that the available turbocharged 1.6-liter four-cylinder gets a power boost, producing 195 horsepower and adding a new 8-speed automatic transmission.

· LX: $24,665

· S: $24,715

· EX: $27,965

· Nightfall Edition: $28,865

· SX: $30,165

4. Chevrolet Trax

The cheapest Chevy crossover in the U.S enters its second generation in 2024. The new model grows in size, becomes more attractive inside and out, offers better equipment packages, and somehow carries a lower price tag than its predecessor. Inspired by Trailblazer styling, the newest Chevy Trax offers slim headlights with LED daytime running lights, sharp lines, and an overall aggressive look. Each of the five available trims gets a specific grille design, additional design accents, and unique wheels starting with 17-inch steel or aluminum wheels found on the entry-level LS and LT models. The most expensive 2RS and Active trims share the same price but a slightly different equipment package. The former offers a sportier appearance with large 19-inch alloys, while the latter gets exclusive faux skid plates and chrome accents. Inside the cabin, the base Trax LS features an 8-inch infotainment system with wireless Apple CarPlay and Android Auto support and standard active noise cancellation. A 1.2-liter turbocharged inline-3 engine with 137 horsepower is standard across the lineup.

5. Nissan Kicks

Still fresh from its recent redesign, the Nissan Kicks enters the 2023 model year with a surprisingly affordable price tag, starting at $20,590. This compact SUV has modern looks, ample room for passengers, good cargo-carrying capabilities, and a modern tech package with Apple CarPlay and Android Auto standard for all trims. Even though the Nissan Kicks is offered in three trim variants (S, SV, and SR), all of them are powered by the same powertrain: a 1.6-liter four-cylinder engine paired with an Xtronic CVT transmission, producing 122 horsepower and 114 pound-feet of torque. It may not set any speed records, but its powertrain produces plenty of power for daily city commuting and can boast 33 miles per gallon fuel efficiency in the combined cycle. The differences between trims are more evident in the vehicle's practical interior.

6. Nissan Versa

For the 2023 model year, Nissan gave its five-seat Versa sedan a new front-end design with a more prominent V-motion grille and chrome elements. Additional color options, updated 17-inch alloy wheel designs, and previously unseen tech options make the Versa more appealing. All Versa trim levels are powered by a 1.6-liter four-cylinder unit with 122 horsepower. The engine is paired with either a 5-speed manual transmission or an Xtronic CVT transmission, depending on the trim. The Versa's cabin is equipped with a 7-inch touchscreen display, a four-speaker audio setup, and three USB ports for your gadgets. The range-topping SR trim adds sport-inspired design elements, a six-speaker audio system, remote engine start, an 8-inch infotainment screen, and advanced Nissan 360 safety features.

7. Kia Soul

The Kia Soul, a controversially looking crossover, has gotten slightly more peculiar in 2023. Its headlights squint, the grille narrows, and the rear fascia gets redesigned. The crossover now wears a two-tone paint for the first time in its history, and its sides house new 17- or 18-inch wheels. Surprisingly, the turbo engine is no more, so buyers automatically get a 2.0-liter Atkinson cycle inline-4 with 147 horsepower, standard IVT, and front-wheel drive. The new Soul is offered in four trim levels: LX, S, GT-Line, and EX. Kia also worked on making the Soul safer, so now all trims benefit from standard pedestrian forward collision avoidance assist, lane keep, and lane following, plus high beams. The cabin houses a usual 8-inch infotainment system that supports Apple CarPlay and Android Auto. A 10.25-inch infotainment system is available among other upgrades in the more extensive trims.

8. Subaru Crosstrek

In 2024, the Subaru Crosstrek is coming with a set of visual upgrades, improved performance, more advanced safety features, modern multimedia, and news about a possible hybrid version. The refreshed crossover gets a 10% stiffer chassis, a symmetrical all-wheel-drive system, and 8.7 inches of ground clearance for an improved riding experience both on and off-road. Exterior upgrades include a larger front grille, slimmer LED headlights, and even more black plastic cladding to shield the wheel arches. The new Crosstrek is offered in four trim levels: base, premium, sport, and limited. The performance of the base and premium trims comes courtesy of a 2.0-liter four-cylinder boxer engine paired with a Lineartronic CVT transmission, delivering 152 horsepower and 145 pound-feet of torque. The Sport and Limited trims feature a boxer engine with a larger 2.5-liter displacement, 182 horsepower output, and 178 pound-feet of torque. Significant upgrades are also found in the cabin. Your passengers will enjoy comfier seats, improved soundproofing, plus a new optional 11.6-inch vertical infotainment system with wireless smartphone connectivity. For 2024, Subaru also enhances the EyeSight tech with improved cameras, added autonomy, and extra safety.

9. Volkswagen ID.2 Concept

The Volkswagen ID.2 Concept presents an upcoming all-electric model that will debut the brand's MEB entry platform. However, the most exciting part about this concept is the estimated price of less than 25,000 Euros. The new architecture means a single-motor drivetrain with 226 horsepower and around 280 WLTP miles. In terms of exterior styling, the model will be set apart by the brand's evolved design language, which includes a more powerful stance, a friendly face, and C-pillar design. As affordable as an internal combustion Polo, the ID.2 is expected to offer Golf-like interior space. Its infotainment is simple and easy to use, while the cabin is focused on ergonomics and comforts. Finally, we should mention that the production version of the ID.2 should arrive in European markets in 2025.

10. Chevrolet TrailBlazer

Chevy's compact SUV, the TrailBlazer, has all the chances to become the best choice in the under $25000 price category. The TrailBlazer has its exterior brought in line with the larger Blazer SUV and boasts a new front fascia, revised headlights, and fresh wheel designs. Each of the four available trims will also have different grille and lighting accents. Inside, there is a new standard-fit 8-inch digital instrument cluster and an 11-inch infotainment system with Apple CarPlay and Android Auto integration. The base LS trim also comes with 17-inch wheels, push-button start, cruise control, a four-speaker audio system, and an updated high-definition rearview camera. The 2024 TrailBlazer continues to offer two turbocharged three-cylinder engines. The base 1.2-liter engine produces 137 horsepower and is paired with a CVT and front-wheel drive. The optional 1.3-liter mill with 155 horsepower is also mated to a CVT but is exclusively paired with a 9-speed automatic when you choose an all-wheel-drive option.

11. Hyundai Sonata

The new Sonata is eager to turn around the competition in the mid-size segment with striking exterior design and an overhauled cabin. A new front-end boasts a new-generation full-width LED light bar, a reshaped grille, and new hidden headlights. The rear end scores a revised trunk lid and a similar H-shaped LED light strip. The 2024 model gets a single panoramic curved unit consisting of a 12.3-inch digital instrument cluster and a 12.3-inch infotainment screen. The powertrain setup is expected to remain intact, with multiple engine options, depending on the market.

12. Vauxhall Corsa

For the 2024 model year, Britain's best-selling car, the Vauxhall Corsa, is getting a major overhaul. In terms of design, the Corsa has received a new signature front end that was first seen on the latest generation of Vauxhall Mokka. The front part between the LED headlights is called Vauxhall Visor, and besides contributing to the car's bold looks, it's hiding the driver aids and safety tech. The improvements inside the cabin include better seating and steering wheel trims, as well as an upgraded infotainment system with a central 10-inch touchscreen, over-the-air updates, and supportive Apple CarPlay and Android Auto. As it usually is with Stellantis brands on the markets outside the UK, the Vauxhall Corsa will be sold with the Opel badge. Corsa could also be outfitted with ICE engines, thus bringing the price down. The engine portfolio would consist of two mild hybrid engines with 1.2 liters of displacement and either 100 or 136 horsepower outputs. The non-hybrid options would include 98 and 128 horsepower turbos and a 1.2-liter naturally aspirated unit with 74 horsepower on tap.


Tesla Model 3

Due to the base price of about $40,000 and little to no updates since its unveiling several years ago, you might be surprised to see the Model 3 by Tesla in this lineup. However, we wanted to include this car as a bonus because of Elon Musk's recent price cut decisions and surprisingly good incentives offered by the US government. As of today, eligible Americans can get the Model 3 for $32,740 after the tax credit. If you live in California and are eligible to participate in the Clean Vehicle Rebate Project, the final price could be as little as $19,830. Although a discount like this may sound too good to be true, this option is definitely worth exploring.

Important Links for Further info and images

1. Buick EnVista:

2. Hyundai Kona:

3. Kia Seltos:

4. Chevrolet Trax:

5. Nissan Kicks:

6. Nissan Versa:

7. Kia Soul:

8. Subaru Crosstrek:

9. Volkswagen ID.2all:

10. Chevrolet Trailblazer:

11. Hyundai Sonata:


12. Vauxhall (Opel) Corsa:

13. Tesla Model 3:


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