15 Cheapest New Cars for 2021

1. Chevrolet Spark from General Motors Company (NYSE:GM)

Price: $13,400

True Cost To Own: $24,769

EPA Combined City/Hwy Mileage: 33 MPG

Topping our list of the cheapest new cars for 2021 is the 2021 Chevrolet Spark, manufactured by the Chevrolet division of General Motors Company (NYSE:GM). The small size of the 2021 Spark makes it perfect for grabbing the tightest parallel parking spots and is highly maneuverable in the city.

The interior of the Spark consists of a mix of hard plastics and elegant materials. Interior quality is generally good, but a lot of outside road and wind noise enters the cabin, especially at higher speeds. Under the hood, General Motors Company (NYSE:GM) gave us a four-cylinder engine that provides 98 horsepower. The engine is enough for the Chevy Spark to cruise on city streets but can feel underpowered and lethargic on the highway. The 2021 Spark comes standard with a feature-rich infotainment system that offers Wi-Fi hot spot capability, Android Auto, and Apple CarPlay. Edmunds estimated that the 2021 Spark would cost about $25,000 after owning it for 5 years or driving it 75,000 miles, whichever comes first.

The powertrain on the Spark allows for it to achieve EPA-estimated mileage of 30 mpg in the city and 38 mpg on the highway. General Motors Company (NYSE:GM) covers the Spark with a three-year or 36,000-mile basic warranty and a five-year or 60,000-mile powertrain warranty. This is the cheapest new car for 2021, and it has a base price of only $13,400.

Photo by Ethan Currier on Unsplash

You can also take a peek at 21 Best Electric Cars of 2021 and 20 Most Reliable Cars of 2021.

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