For buyers looking for the least expensive cars still available in the U.S., two options stand out—the Mitsubishi Mirage ES and the Nissan Versa S. However, these budget-friendly models won’t be around much longer.
The 2024 Mitsubishi Mirage, despite being discontinued, remains on dealership lots and is still available with a full factory warranty. Meanwhile, the 2025 Nissan Versa S continues to be one of the few new cars offering a manual transmission. Both models provide impressive fuel economy and come well-equipped without exceeding the $20,000 price point.
Despite their affordability, these compact vehicles offer a range of modern safety features. The Mirage includes active stability control, lane departure warning, forward collision mitigation, and seven airbags. The Versa matches these features while adding Nissan’s Safety Shield 360 suite, providing even more driver assistance technology.
Although some criticize them for their modest power output and basic amenities, these cars far outperform the economy models of the past. They prove that even the least expensive cars on the market today can still offer reliability, efficiency, and essential features at a fraction of the cost of most new cars.
The Two Least Expensive Cars in America
Mitsubishi Mirage
With 2024 marking the final production year of the Mitsubishi Mirage in the U.S., this model is approaching the end of its run. However, it remains available for purchase and continues to be one of the least expensive cars available in the US market.
The base ES hatchback starts at $16,695, while those opting for the G4 sedan variant will need to pay around $900 more. A key difference from past models is the removal of the five-speed manual transmission, which was discontinued after the 2023 model year.
Weighing just over 2,000 pounds, the Mirage is powered by a 1.2-liter three-cylinder engine, generating 74 horsepower and 74 lb-ft of torque. It is paired with a continuously variable transmission (CVT), which prioritizes efficiency over performance.
Although the manual transmission previously offered a slightly sportier drive, the CVT maximizes fuel efficiency, delivering EPA-rated 36 mpg in the city, 43 mpg on the highway, and 39 mpg combined—the highest non-hybrid fuel economy available. Buyers also benefit from an exceptional 10-year/100,000-mile powertrain warranty, adding to its long-term value.
Inside, the Mirage includes a 7-inch touchscreen infotainment system with Apple CarPlay and Android Auto integration. However, the four-speaker audio system provides only a basic listening experience.
Nissan Versa S
The 2025 Nissan Versa S has a starting price of $17,190, slightly higher than the Mirage. However, it offers better performance, more interior space, and a more refined feel. While the Mirage maintains the advantage in fuel efficiency and cargo space, the Versa stands out with its superior power and driving dynamics.
With a curb weight between 2,600 and 2,700 pounds, the Versa offsets the added bulk with a 1.6-liter four-cylinder engine, producing 122 horsepower and 114 lb-ft of torque. While most Versa models come with a CVT, buyers can still opt for the five-speed manual transmission for a more engaging drive.
Fuel economy figures for the CVT-equipped version stand at 32 mpg in the city and 40 mpg on the highway, while the manual version achieves 27 mpg city and 35 mpg highway.
In terms of infotainment, the standard 7-inch touchscreen includes Bluetooth connectivity, but higher trims offer an 8-inch display with Apple CarPlay and Android Auto. While the Mirage provides these features as standard, the Versa offers a more upscale interior, making it feel more premium than its rival.
Why These Cars Are Still Worth Considering
As vehicle prices continue to rise, these two models remain among the least expensive cars for new car buyers. While alternatives exist, they often come at significantly higher price points.
With the average cost of a new vehicle in the U.S. now exceeding $47,000, both the Mitsubishi Mirage and Nissan Versa S are priced at less than half of that amount. For buyers willing to forego unnecessary luxury features and high-performance capabilities, these cars offer a practical and cost-effective solution, making them two of the best least expensive cars available today.
