Cheapest cars of 2022

Cheapest cars of 2022

Buying a new vehicle is one of the biggest purchases many Americans make. And with power average car prices rise past $40,000, it can be tempting to only look at the price to save money. But a cheap car isn’t necessarily a good deal. A cheap car can come with costs that add up during your years of ownership, such as higher fuel costs, expensive repairs and expensive insurance.

While you shouldn’t buy the cheapest car to save money, for most people it also doesn’t make fiscal sense to spend extra money for a luxury vehicle with the latest features. Instead, research which vehicles on the market have the most value for what they offer. This means you will save money later and get a better overall ownership experience.

Best sedans

While a classic sedan doesn’t have much of the space that an SUV or midsize sedan can offer, they are a reliable and classic option for drivers of all ages. The top three winners in the category rank for their award and combined high ratings among experts. The Chevrolet Impala takes the gold medal for affordable sedans and large cars. It ranks first in JD Power’s 2022 reliability study and has a near-perfect Kelley Blue Book (KBB) rating. It is best known for its comfortable ride and large trunk. The Avalon and Chrysler 300, which follow closely behind, both receive high ratings from Consumer Reports and receive special recognition for their spacious interiors.

Thanks to Chevrolet
Best value sedans Price
Chevrolet Impala $31,620
Toyota Avalon $36,375
Chrysler 300 $32,545
Dodge Charger $32,500
Buick LaCrosse $29,570

Best Medium Cars

A minor upgrade from the size and space of a sedan – a mid-sized car offers more boot and legroom for both passenger and driver. The mid-sized vehicles of the top class strike a balance between space and driving comfort with a spacious interior and an overall size that is still manageable. The Sonata, which wins in this category, takes first place with JD Power and is known for its exceptional fuel efficiency. For its mid-price range, the Camry offers driver assistance and great tech options. And the least expensive on the list, the Legacy has high safety ratings and a great resale value.

Red Hyundai Sonata on a plain tile floor
Thanks to Hyundai
Best Value Mid-Sized Cars Price
Hyundai Sonata $24,150
Toyota Camry $23,395
Subaru Legacy $22.995
Honda agreement $26,120
Kia Optima $23,400

Best Mid-Sized SUVs

A mid-sized SUV offers the best of both worlds when it comes to rugged durability, while not being too big to manage. Scoring these vehicles proved to be more challenging, although they all received high marks according to Kelley Blue Book, the Santa Fe beat the others for its gas mileage and advanced technology. The Outback followed closely with its available roof and luggage options and comfortable ride. Finally, the Murano scored for its safety rating and strong engine.

Gray Hyundai Santa Fe on a wooded mountain road
Thanks to Hyundai
Mid-size SUVs with the best value for money Price
Hyundai Santa Fe $27,200
Subaru Outback $27,145
Nissan Murano $33,210
Chevrolet Blazer $33,400
Toyota 4Runner $37,605

Best minibuses

The minivan is no longer just the perfect car for parents. Modern minibuses have the latest technical packages and extra space. When choosing the best minivan for your money, you should consider aspects such as space, reliability and safety. The Sienna dominates the road when it comes to top minivans. JD Power is one of the top minivans and has excellent fuel economy. The Carnival and Odyssey follow closely behind scores for their powertrain handling and practicality, respectively.

Toyota Sienna on a road with trees around it
Thanks to Toyota
Minivans with the best price Price
Toyota Sienna $34,710
Kia Carnival $33,595
Honda Odyssey $33,040
Chrysler Pacifica $38,690
Dodge Grand Caravan $29,025

Best Hybrids and EVs

The landscape for environmentally friendly vehicles has grown tremendously in recent years in accessibility and affordability. Check out the top options and consider financing a green car loan with additional discounts. While hybrid vehicles can be more expensive, the cost per trip can save you money in the long run. Our first-place winner, the Insight, offers an easy ride and high miles per gallon. Next up, the RAV4 has a perfect Consumer Reports score and more space than the other category winners. Finally, the cheapest option, the Kona, has a powerful turbo engine and a fun design.

Red Honda Insight parked in a city street
Thanks to Toyota
Best Value Hybrids and EVs Price
Honda Insight $25,760
Toyota RAV4 Prime $38,800
Hyundai Kona $21,300
Kia Niro $39,090
Nissan Leaf $27,400

Best compacts

Compact cars are widely known for their easy commute and excellent parking privileges. But the best compact cars on the market also have good fuel economy and some extra legroom. The winners in this category won based on their reliability scores and ease of driving. JD Power ranks the Corolla as the most reliable compact option — along with KBB and Consumer Reports giving near-perfect ratings. The Elantra is comparable in price and offers an extra turbo engine and a practical driving experience. The cheapest winner, the Impreza, shows off an advanced infotainment system and fast steering.

Gray Toyota Corolla on the move
Thanks to Toyota
Compact cars with the best price Price
Toyota Corolla $20,175
Hyundai Elantra $20,200
Subaru Impreza $18,795
Nissan Sentra $19,610
Chevrolet Cruze $18,870

Best SUVs and Suburbs

While large SUVs have a higher price tag, you get what you pay for. The winners for the best large vehicles can accommodate up to eight passengers and are built with the latest technology. So while this vehicle segment tends to be more expensive, you can still get a good price from a more expensive option. Although it is the most expensive, the expedition ranks highly according to Kelley Blue Book and has a towing capacity of 6,000 pounds. Next, the Tahoe is known for its spacious interior and extreme towing capacity, and is a great choice for drivers looking to spend less. Finally, the Yukon ranks highly according to JD Power and allows for a variety of trim upgrades.

A black Ford Expedition on a rocky mountain road
Thanks to Ford
Cheapest SUVs and Suburbs Price
Ford Expedition $69,150
Chevrolet Tahoe $50,500
GMC Yukon $52,500
Chevrolet Suburban $53,200
Nissan Armada $49,150

Best brands

According to information gathered by JD Power in its 2022 US Dependability Study, Genesis brand vehicles ranked highest among premium vehicles, while Kia ranked first among mass market brands. While most drivers have an affinity for one brand over another, apart from reliability, this ranking is scored based on problems per 100 vehicles. Land Rover and Ram rounded out the list with over 250 issues per vehicle – two of the least reliable brands on the market according to JD Power.

Best brands Price range
kia $17,490 to $52,590
Buick $25,595 to $43,995
Hyundai $20,200 to $48,740
Toyota $19,925 to $53,050


The vehicle ranking was based on a combination of findings from industry reports and vehicle price. This gives a good idea of ​​the value each vehicle has based on industry standards and the price-to-purchase ratio.

Specifically, cars are scored on a three-point scale of JD Power’s 2022 US Vehicle Dependability Study. The aim of this study was to determine which vehicles had the longest lifespan for drivers in the past year. While not every vehicle that made the top five was a winner from this report, it was used as a big determinant.

Together with JD Power, Kelley Blue Book’s expert rating based on a five-point scale was added to the calculation. Finally, the Consumer Reports five-point scale for vehicle reliability was added. These combined factors were then scored against the price of each vehicle, choosing the best five vehicles for each style.

it comes down to

The value of a vehicle is based on a series of factors. Are there constant trips to the mechanic or poor gas mileage? While questions like these are important in determining which vehicle is right for you — including color, make and model — the best way to choose your car is based on how much you spend and what that cost per trip is. Take advantage of the above scores when it’s time to buy your next vehicle.