These will be the cheapest car brands as sub-$20,000 cars disappear

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  • Analysts have declared the end of new cars priced under $20,000 in the U.S. market.
  • With models like the Nissan Versa and Mitsubishi Mirage discontinued, the most affordable option is gone.
  • The average price of a new car reached $49,191 in January 2026, according to Cox Automotive.

Auto industry analysts at Cox Automotive’s Kelley Blue Book are declaring the end of sub-$20,000 cars in the U.S. as new car prices continue to rise.

Cox said that with the recent culling of subcompact cars like the Nissan Versa and Mitsubishi Mirage, the U.S. market “no longer has new cars with average MSRPs below $20,000.”

“Last month, with an average MSRP of $22,315, the Nissan Versa achieved the title of America’s most affordable car, but that role may not last long as production of the Nissan Versa reportedly ended in December,” Cox said.

Cox said data shows automakers sold fewer than 4,000 subcompact cars in January, even though the average sticker price for manufacturers in the sector was less than $26,000 for the month. This shows subcompact cars are “not attracting buyers,” Cox said.

The news comes as the average price of a new car reached $49,191 in January 2026, Cox said.

With this in mind, the USA TODAY Cars team looked at January’s top 10 cheapest car brands and the best-selling models heading into 2026.

1. Mitsubishi

Average transaction price in January: $31,593

Rate of change from December 2025: -7.7%

best selling car in usa: Mitsubishi Outlander

2. Nissan

Average transaction price in January: $34,677

Rate of change from December 2025: -0.5%

best selling car in usa: Nissan Rogue

3.Mazda

Average transaction price in January: $36,089

Rate of change from December 2025: -0.4%

best selling car in usa:Mazda CX-5

4. Buick

Average transaction price in January: $36,229

Rate of change from December 2025: -1.5%

best selling car in usa:Buick Encore GX

5. Become

Average transaction price in January: $36,414

Rate of change from December 2025: -0.9%

best selling car in usa: Kia Sportage

6. Subaru

Average transaction price in January: $37,522

Rate of change from December 2025:1.1%

best selling car in usa: Subaru Crosstrek

7.Honda

Average transaction price in January: $37,886

Rate of change from December 2025:0.6%

best selling car in usa:Honda CR-V

8. Hyundai

Average transaction price in January: $37,966

Rate of change from December 2025: -0.2%

best selling car in usa:Hyundai Tucson

9. Volkswagen

Average transaction price in January: $38,324

Rate of change from December 2025: -1.1%

best selling car in usa: Volkswagen Tiguan

10. Mini

Average transaction price in January: $40,906

Rate of change from December 2025: -0.4%

best selling car in usa: MINI Countryman

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