For car buyers on a budget, finding the cheapest car for 2018 is a top priority. This means considering not just the sticker price, but also factors such as fuel efficiency, maintenance costs, and insurance rates. When all of these factors are taken into account, the cheapest car for 2018 is the Mitsubishi Mirage. With a starting price of just $13,995 and excellent fuel economy of up to 39 mpg in the city and 44 mpg on the highway, the Mirage is an excellent value for budget-minded drivers.
In addition to being the cheapest car for 2018, the Mitsubishi Mirage is also one of the most fuel-efficient cars on the market. Its small size and lightweight design contribute to its impressive fuel economy, making it an ideal choice for commuters and city drivers. The Mirage also has a low cost of ownership, with maintenance and insurance rates that are among the lowest in its class.
If you’re looking for the cheapest car for 2018, the Mitsubishi Mirage is a great option. It offers a combination of affordability, fuel efficiency, and low cost of ownership that is unmatched by any other car on the market.
Page Contents
What is the Cheapest Car for 2018?
When it comes to finding the cheapest car for 2018, there are a number of key aspects to consider, including:
- MSRP
- Fuel efficiency
- Maintenance costs
- Insurance rates
- Reliability
- Safety features
- Warranty
- Resale value
- Availability
- Reviews
By considering all of these factors, you can find the cheapest car for 2018 that meets your needs and budget. For example, the Mitsubishi Mirage has a low MSRP, excellent fuel efficiency, and low maintenance costs, making it a great choice for budget-minded drivers. However, it has a lower safety rating than some other cars in its class. Ultimately, the best way to find the cheapest car for 2018 is to compare prices and features from a variety of different sources.
MSRP
MSRP, or Manufacturer’s Suggested Retail Price, is the price that a manufacturer recommends that a dealer sell a new car for. It is important to note that MSRP is just a suggestion, and dealers are free to sell cars for less than MSRP. However, MSRP is a good starting point for negotiations, and it can be helpful to know what the MSRP is before you start shopping for a car.
-
Facet 1: How MSRP is Determined
MSRP is determined by a number of factors, including the cost of materials, labor, and transportation, as well as the manufacturer’s profit margin. Manufacturers also consider the prices of competing cars when setting the MSRP.
-
Facet 2: MSRP and Negotiations
MSRP can be a useful tool in negotiations with a dealer. By knowing the MSRP, you can get a better idea of what a fair price for the car is. You can also use the MSRP to compare prices from different dealers.
-
Facet 3: MSRP and the Cheapest Car for 2018
MSRP is an important factor to consider when looking for the cheapest car for 2018. By comparing the MSRPs of different cars, you can get a good idea of which cars are the most affordable.
-
Facet 4: MSRP and Other Factors
MSRP is just one factor to consider when buying a car. Other factors, such as fuel efficiency, maintenance costs, and insurance rates, can also affect the overall cost of ownership. It is important to consider all of these factors when making a decision about which car to buy.
MSRP is an important factor to consider when shopping for a new car. By understanding how MSRP is determined and how it can be used in negotiations, you can get the best possible price on your new car.
Fuel efficiency
Fuel efficiency is an important factor to consider when looking for the cheapest car for 2018. Fuel-efficient cars can save you money on gas, which can be a significant savings over time. There are a number of factors that affect fuel efficiency, including the size of the engine, the weight of the car, and the type of fuel used.
-
Facet 1: Engine size
Smaller engines are generally more fuel-efficient than larger engines. This is because smaller engines require less fuel to operate.
-
Facet 2: Vehicle weight
Heavier cars are generally less fuel-efficient than lighter cars. This is because heavier cars require more energy to move.
-
Facet 3: Type of fuel
Different types of fuel have different energy densities. Gasoline has a lower energy density than diesel, which means that diesel cars are generally more fuel-efficient than gasoline cars.
-
Facet 4: Driving habits
Driving habits can also affect fuel efficiency. Aggressive driving, such as speeding and rapid acceleration, can reduce fuel efficiency. Gentle driving, such as gradual acceleration and deceleration, can improve fuel efficiency.
When looking for the cheapest car for 2018, it is important to consider fuel efficiency. Fuel-efficient cars can save you money on gas, which can be a significant savings over time. By understanding the factors that affect fuel efficiency, you can make an informed decision about which car is right for you.
Maintenance costs
Maintenance costs are an important factor to consider when looking for the cheapest car for 2018. Maintenance costs can vary significantly from car to car, and some cars are much more expensive to maintain than others. There are a number of factors that affect maintenance costs, including:
- Type of car: Some types of cars are more expensive to maintain than others. For example, luxury cars and sports cars typically have higher maintenance costs than economy cars and compact cars.
- Age of car: As cars get older, they require more maintenance. This is because parts wear out over time and need to be replaced.
- Mileage: Cars with high mileage are more likely to need repairs than cars with low mileage.
- Driving habits: Aggressive driving can take a toll on a car and lead to more frequent repairs.
- Location: Maintenance costs can vary depending on where you live. For example, labor costs are typically higher in large cities than in small towns.
When looking for the cheapest car for 2018, it is important to consider maintenance costs. By understanding the factors that affect maintenance costs, you can make an informed decision about which car is right for you.
Insurance rates
Insurance rates are an important factor to consider when looking for the cheapest car for 2018. Insurance rates can vary significantly from car to car, and some cars are much more expensive to insure than others. There are a number of factors that affect insurance rates, including:
- Type of car: Some types of cars are more expensive to insure than others. For example, sports cars and luxury cars typically have higher insurance rates than economy cars and compact cars.
- Age of car: Older cars are typically more expensive to insure than newer cars. This is because older cars are more likely to be involved in accidents.
- Mileage: Cars with high mileage are more likely to be involved in accidents than cars with low mileage. This is because cars with high mileage are more likely to have worn-out parts.
- Driving history: Drivers with a history of accidents or traffic violations are more likely to have higher insurance rates.
- Location: Insurance rates can vary depending on where you live. For example, insurance rates are typically higher in large cities than in small towns.
When looking for the cheapest car for 2018, it is important to consider insurance rates. By understanding the factors that affect insurance rates, you can make an informed decision about which car is right for you.
For example, if you are a young driver with a clean driving record, you may be able to get a lower insurance rate on a used car than on a new car. However, if you have a history of accidents or traffic violations, you may be better off getting a new car with a higher safety rating.
Ultimately, the best way to find the cheapest car for 2018 is to compare insurance rates from a variety of different insurance companies. By doing this, you can get the best possible rate on your car insurance.
Reliability
Reliability is an important factor to consider when looking for the cheapest car for 2018. A reliable car is one that is less likely to break down or need repairs, which can save you money in the long run. There are a number of factors that affect reliability, including:
- Brand: Some brands are known for being more reliable than others. For example, Toyota and Honda are consistently ranked as two of the most reliable car brands.
- Model: Some models are more reliable than others, even within the same brand. For example, the Toyota Camry is consistently ranked as one of the most reliable sedans on the market.
- Year: Newer cars are typically more reliable than older cars. This is because newer cars have fewer miles on them and are less likely to have worn-out parts.
- Maintenance: Regular maintenance can help to keep your car running reliably. By following the manufacturer’s recommended maintenance schedule, you can help to prevent problems from developing.
When looking for the cheapest car for 2018, it is important to consider reliability. A reliable car can save you money in the long run by avoiding costly repairs. By understanding the factors that affect reliability, you can make an informed decision about which car is right for you.
Safety features
Safety features are an important consideration when looking for the cheapest car for 2018. While a low price is important, it is also important to make sure that the car you are buying is safe. There are a number of safety features that are available on new cars, and it is important to research which features are most important to you.
Some of the most important safety features to consider include: – Airbags: Airbags are designed to protect occupants in the event of a collision. They inflate quickly to provide a cushion between the occupant and the hard interior of the car. – Anti-lock brakes: Anti-lock brakes help to prevent the wheels from locking up during braking, which can help to prevent skidding and loss of control. – Electronic stability control: Electronic stability control helps to keep the car from skidding by applying the brakes to individual wheels as needed. – Lane departure warning: Lane departure warning systems use sensors to detect when the car is drifting out of its lane and warn the driver with a sound or vibration. – Forward collision warning: Forward collision warning systems use sensors to detect when the car is approaching another object too quickly and warn the driver with a sound or vibration.
These are just a few of the many safety features that are available on new cars. When looking for the cheapest car for 2018, it is important to consider which safety features are most important to you and to make sure that the car you are buying has those features.
Safety features can help to protect you and your passengers in the event of a collision. By choosing a car with the safety features that are most important to you, you can help to reduce your risk of injury in a crash.
Warranty
When it comes to finding the cheapest car for 2018, warranty is an important factor to consider. A good warranty can protect you from costly repairs, and it can give you peace of mind knowing that your car is covered. There are a few things to keep in mind when considering warranty coverage:
- Length of coverage: Warranties can vary in length, from basic coverage for a few years to extended coverage for up to 10 years or more. Consider how long you plan to keep the car and choose a warranty that will cover you for the entire time you own it.
- Type of coverage: Warranties can cover different types of repairs, from major components like the engine and transmission to minor repairs like electrical problems. Make sure the warranty you choose covers the types of repairs that are most likely to occur on the car you’re considering.
- Deductible: A deductible is the amount of money you have to pay out of pocket before the warranty coverage kicks in. Choose a deductible that you can afford, but keep in mind that a higher deductible will result in a lower monthly payment.
- Transferability: If you plan to sell the car before the warranty expires, make sure the warranty is transferable to the new owner. This will add value to your car and make it more attractive to potential buyers.
By considering these factors, you can choose a warranty that meets your needs and budget. A good warranty can protect you from costly repairs and give you peace of mind knowing that your car is covered.
Resale value
Resale value is an important factor to consider when looking for the cheapest car for 2018. Resale value is the amount of money that you can expect to get back when you sell your car. A car with a high resale value will retain its value better than a car with a low resale value. This means that you will be able to sell your car for more money when you are finished with it.
There are a number of factors that affect resale value, including the make and model of the car, the year it was manufactured, the mileage, and the condition of the car. Cars that are popular and in demand will have a higher resale value than cars that are not as popular. Newer cars will also have a higher resale value than older cars. Cars with low mileage will have a higher resale value than cars with high mileage. And cars that are in good condition will have a higher resale value than cars that are in poor condition.
When looking for the cheapest car for 2018, it is important to consider resale value. By choosing a car with a high resale value, you can save money in the long run. You will be able to sell your car for more money when you are finished with it, which will offset the cost of buying the car in the first place.
Availability
Availability is a key factor to consider when looking for the cheapest car for 2018. The availability of a car can affect its price, and it can also affect your ability to find the car that you want. There are a number of factors that can affect the availability of a car, including:
- Production: The production of a car can affect its availability. If a car is in high demand, it may be difficult to find and may have a higher price. Conversely, if a car is not in high demand, it may be easier to find and may have a lower price.
- Location: The location of a car can also affect its availability. If a car is only available in certain areas, it may be difficult to find and may have a higher price. Conversely, if a car is available in many areas, it may be easier to find and may have a lower price.
- Time of year: The time of year can also affect the availability of a car. If a car is popular during a certain time of year, it may be difficult to find and may have a higher price. Conversely, if a car is not popular during a certain time of year, it may be easier to find and may have a lower price.
- Condition: The condition of a car can also affect its availability. If a car is in good condition, it may be easier to find and may have a higher price. Conversely, if a car is in poor condition, it may be difficult to find and may have a lower price.
When looking for the cheapest car for 2018, it is important to consider availability. By understanding the factors that can affect availability, you can make an informed decision about which car is right for you.
Reviews
Reviews play a crucial role in determining “what is the cheapest car for 2018.” By reading reviews from other consumers, you can get a better understanding of the car’s performance, reliability, and overall value. This information can help you make an informed decision about which car is right for you and your budget.
There are a number of different places where you can find reviews of cars. You can read reviews on websites like Edmunds and Kelley Blue Book, or you can read reviews from other consumers on sites like Amazon and Consumer Reports. When reading reviews, it is important to keep in mind that not all reviews are created equal. Some reviews may be biased, while others may not be relevant to your needs. It is important to read a variety of reviews from different sources to get a well-rounded view of the car.
Reviews can be a valuable resource when shopping for a car. By taking the time to read reviews, you can make an informed decision about which car is right for you.
FAQs
Finding the cheapest car for 2018 is a common concern among car buyers. To address this, we have compiled a list of frequently asked questions (FAQs) to provide informative answers and clarify misconceptions.
Question 1: Which factors should be considered when determining the cheapest car?
Several factors influence the cost of a car, including its make and model, year of manufacture, mileage, fuel efficiency, insurance rates, maintenance expenses, and safety features. Considering these aspects ensures a comprehensive assessment of the overall affordability of a vehicle.
Question 2: What are some of the cheapest cars available in 2018?
Some of the most affordable cars on the market in 2018 include the Mitsubishi Mirage, Hyundai Accent, Chevrolet Spark, Kia Rio, and Toyota Yaris. These vehicles offer a combination of low purchase price, fuel efficiency, and low maintenance costs, making them excellent options for budget-conscious buyers.
Question 3: How can I find the best deals on a new or used car?
Researching and comparing prices from various dealerships and online marketplaces is crucial. Additionally, considering certified pre-owned vehicles can provide a balance between affordability and reliability. Negotiating with dealers, taking advantage of incentives and discounts, and exploring financing options can further assist in securing a favorable deal.
Question 4: What are the long-term costs associated with owning a car?
Beyond the initial purchase price, car ownership involves ongoing expenses such as fuel, insurance, maintenance, repairs, and potential depreciation. By factoring in these costs, buyers can make informed decisions about the long-term financial commitment.
Question 5: How can I save money on car ownership?
Regular maintenance, adherence to manufacturer-recommended service intervals, and practicing fuel-efficient driving habits can significantly reduce ongoing car expenses. Additionally, considering vehicles with lower insurance premiums and opting for extended warranties can provide peace of mind while minimizing unexpected repair costs.
Question 6: What are the potential drawbacks of buying the cheapest car available?
While affordability is a primary concern, buyers should be aware of potential compromises associated with the cheapest cars. These may include limited safety features, lower fuel efficiency, and a higher likelihood of repairs. Carefully weighing these factors against the benefits of a low purchase price is essential to ensure a satisfactory car ownership experience.
Remember, finding the cheapest car for 2018 is not just about identifying the lowest sticker price but also considering long-term costs and overall value. By addressing these FAQs, we aim to empower car buyers with the knowledge and insights to make informed decisions.
For further assistance or specific inquiries, consulting with automotive experts, visiting reputable car review websites, and seeking advice from trusted sources is recommended.
Tips for Finding the Cheapest Car for 2018
Finding the most affordable car for 2018 requires careful consideration of various factors that influence the overall cost of ownership. Here are several tips to guide you in making an informed decision:
Tip 1: Prioritize Fuel Efficiency
Fuel costs can accumulate over time, making fuel efficiency a crucial factor. Look for cars with high MPG ratings to minimize your expenses at the gas pump. Consider hybrid or electric vehicles for even greater fuel savings.
Tip 2: Explore Certified Pre-Owned Vehicles
Certified pre-owned (CPO) vehicles offer a balance between affordability and reliability. These cars undergo thorough inspections and come with extended warranties, providing peace of mind while saving you money compared to buying a new car.
Tip 3: Negotiate and Compare Prices
Don’t hesitate to negotiate with car dealers to secure a favorable price. Research comparable vehicles and their market value to strengthen your bargaining position. Explore multiple dealerships and online marketplaces to compare prices and find the best deal.
Tip 4: Consider Long-Term Costs
Beyond the purchase price, factor in ongoing expenses such as insurance, maintenance, and potential repairs. Research the estimated costs associated with different vehicles to avoid unexpected financial burdens down the road.
Tip 5: Opt for Lower Insurance Premiums
Insurance costs can vary significantly depending on the make, model, and safety features of a car. Research vehicles with lower insurance premiums to save money on this essential expense.
Tip 6: Take Advantage of Incentives and Rebates
Manufacturers and dealerships often offer incentives, rebates, and financing deals. Explore these options to reduce the overall cost of your car purchase.
Tip 7: Practice Smart Driving Habits
Adopting fuel-efficient driving habits, such as avoiding aggressive acceleration and maintaining optimal tire pressure, can significantly improve your car’s fuel efficiency and reduce long-term expenses.
Tip 8: Utilize Online Resources
Numerous online resources, including car review websites and automotive forums, provide valuable information and insights. Utilize these resources to research different vehicles, compare prices, and make informed decisions.
By following these tips, you can effectively navigate the car market and find the cheapest car for 2018 that meets your needs and budget. Remember to consider both the initial purchase price and long-term costs to ensure a financially responsible decision.
Conclusion
Our exploration of “what is the cheapest car for 2018?” has highlighted the significance of considering various factors beyond the initial purchase price. By prioritizing fuel efficiency, exploring certified pre-owned options, negotiating effectively, and considering long-term costs, buyers can make informed decisions that align with their financial goals.
Finding the cheapest car for 2018 is not merely about identifying the lowest sticker price but also about understanding the total cost of ownership and selecting a vehicle that meets individual needs and budget constraints. With careful research, comparison, and negotiation, buyers can navigate the car market and acquire an affordable and reliable vehicle.
