There are not a lot of options when it comes to finding a cheap new cars under 10000 dollars. Most cheap new cars cost anywhere from $15,000 to $20,000. Due to the poor economy these days, there are a lot of cheap used cars that can be bought at surprisingly low prices. Good used cars can be bought at under 4000 dollars. If you’re lucky you can even find ones under 500 dollars. Although used cars may have some minor scratches, dents and mileage on them, they can save you a lot more money in the long run. I would purchase a used car if money is your biggest issue. However, if you are adamant about finding a cheap new car, do not worry. Below I will give you tips on how you can find a cheap new cars under $10000.
Most Inexpensive New Cars
In countries like India and China, you can purchase new cars that cost only a few thousand dollars. The Tata Nano in India is considered the most inexpensive new car in the world. These cheap new cars cost under 3000 dollars and are also the lowest powered cars in the world at 35ps. In India, these cheap cars cost under 3000 dollars. Although this car is very inexpensive, there are a lot of things to consider. You will not be able to go at top speeds on the highway and the car has a pretty low safety rating due to its small size. Nevertheless, if you were to purchase the Tata Nano, you would be able to save a lot of money on gasoline, which is always a huge plus. Other cheap cars include the Maruti Suzuki and the Cherry QQ, which both cost under 5000 dollars.
New Car Less than 10000 Dollars
The base models for the Nissan Versa (2011) and Hyundai Accent (2010) are both new cars that cost less than $10000. Both of these cars score very high for safety and value. Both compact cars have four doors and come with great warranties. Due to their high ratings, you will be able to get cheap car insurance. In addition to their awesome prices, both cars have great gas mileage which will save you even more money in the future.
Finding Cheap New Cars
The best time to search for cheap new cars is during the spring when dealers roll out new models. When this happens, the prices on the cars of the previous year drops significantly. Although they are not the newest models, they will help you save a couple thousand dollars on your purchase. If you follow the tips outlined above, you will be able to find a cheap new cars under 10000 dollars in no time.