Not everyone wants to - or is able to - spend a fortune on a new car. Many want to save as much money as possible while still having access to reliable transportation. This is where a list of cars under $15,000 is most useful, making it easy for budget-focused shoppers to narrow down the search for a cheap vehicle. But there aren’t many cars that fall into this category anymore, and you may need to consider buying a used vehicle. This is a list of the new cars under $15,000 available in the USA for 2024.

Characteristics of Cars Under $15,000

There are very few cars in the US that fall into this category, so the qualities they share are quite obvious:

What to Consider When Buying a Car Under $15k

The US automotive market is one of the busiest in the world, and people are constantly selling their old cars to make room for new ones. Many of these can be picked up for a significant discount, but if you only have a few dollars to your name and want the peace of mind that comes from owning a new car, you’ll have to accept the good that comes with the bad at this very low price point:

Pros

Cons

FAQs

What are the best new cars under $15k?

There is just one car that currently sells new for under $15,000, and that is the Chevrolet Spark. It is a great commuter car and has enough cargo capacity for running errands. However, there isn’t much space for people, and the overall safety rating is not ideal for families.

How reliable are vehicles under $15,000?

People too often confuse cheap with unreliability, but the opposite is true in this case. Keeping things simple is a great way to reduce the number of problems.

How much do the cheapest new cars for under $15,000 cost?

Only one car comes in under this price point currently. The Chevrolet Spark flies in at just under the $15k mark, but isn’t likely to stay below the line in the years to come.