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The Safest New Cars & SUVs in 2023
Buying a new car this year doesn’t mean you have to sacrifice safety for affordability. Check out these cars and SUVs that are not only surprisingly affordable, but also a Top Safety Pick by the Insurance Institute for Highway Safety. Without further ado, let’s take a look at the safest new cars in 2023.
Be sure to check out these other guides:
The Most and Least Negotiable Cars, Trucks and SUVs
Car Buying Cheat Sheet: Negotiate Like a Pro
Used Car Prices (Updated Weekly)
2023 Acura Integra
Starting MSRP
- $31,300
Fuel Economy
- MPG City: 30
- MPG Highway: 37
- Combined MPG City + Highway: 33
IIHS Safety Rating
The 2023 Acura Integra is a surprisingly affordable car with amazing fuel economy, and the highest safety ratings.
The 2023 Acura Integra is a 4-Door Sedan that is a perfect 5-seater choice for both single adults and families combined. Featuring a plethora of safety features, Acura outperformed in both crashworthiness and crash avoidance tests. It is no surprise that the IIHS awards its highest safety rating of Top Safety Pick + to this sleek beast. Acura Watch comes standard with this car and includes Collision Mitigation Braking System (CMBS), Road Departure Mitigation (RDM), Adaptive Cruise Control (ACC) and more. Finally, Acura’s Advanced Compatibility Engineering (ACE) body structure is next-level. The Integra has been carefully engineered to provide ultimate protection in the event of a frontal collision.
2023 Lexus ES 350
Starting MSRP
- $41,440
Fuel Economy
- MPG City: 22
- MPG Highway: 32
- Combined MPG City + Highway: 26
IIHS Safety Rating
The 2023 Lexus ES 350 is an affordable midsize luxury sedan with decent fuel economy and a high safety rating.
The 2023 Lexus ES 350 is a 4-Door Midsize Luxury Sedan that is super chic for those that want a perfect mix of style and comfort, without breaking the bank. This 5-seater, spicy-looking car also outdid itself when it comes to safety features. IIHS gave it a Top Safety Pick for many reasons, including its crashworthiness and crash avoidance and mitigation. Featuring Anti-Lock Brakes, Stability Control, Additional Airbags, and Seatbelt Pretensioners, this beast was designed not just for your personal comfort but also your safety.
2023 Hyundai Sonata
Starting MSRP
- $25,100
Fuel Economy
- MPG City: 23
- MPG Highway: 33
- Combined MPG City + Highway: 27
IIHS Safety Rating
The 2023 Hyundai Sonata is a reasonably priced midsize sedan with good fuel economy and also a high safety rating.
If you’re in the market for a midsize sedan that combines style, safety, and performance, the 2023 Hyundai Sonata is definitely worth considering. This vehicle boasts a sleek and modern design, as well as a range of advanced safety features to ensure that you and your passengers are protected on the road. Being awarded the Top Safety Pick rating by IIHS can only be attributed to the 2023 Hyundai Sonata suite of safety technologies, including forward collision warning, automatic emergency braking, lane departure warning, and blind-spot monitoring. These features help you stay aware of your surroundings and avoid accidents, even in challenging driving conditions. In addition to its safety features, the Hyundai Sonata offers a comfortable and spacious interior, with plenty of legroom and headroom for both driver and passengers. This vehicle is fuel-efficient, making it a smart choice for daily commutes or long road trips.
2023 Mazda 3
Starting MSRP
- $22,550
Fuel Economy
- MPG City: 26
- MPG Highway: 33
- Combined MPG City + Highway: 29
IIHS Safety Rating
The 2023 Mazda 3 is an affordably priced car with amazing fuel economy and very high safety rating.
If you’re looking for a compact car that combines style and safety, look no further than the 2023 Mazda 3. An IIHS Top Safety Pick awarded winner, the 2023 Mazda 3 features advanced safety technology, which include blind-spot monitoring system, rear cross-traffic alert, and lane departure warning. Additionally, the car has a range of airbags and a reinforced body structure to keep you and your passengers safe in the event of an accident. Despite its compact size, the Mazda 3 is surprisingly spacious and comfortable inside, with ample legroom and headroom for both driver and passengers. Finally, the Mazda 3 is a joy to drive, with smooth handling and a responsive engine. Whether you’re navigating city streets or cruising down the highway, this car offers a comfortable and enjoyable driving experience.
2023 Subaru Legacy
Starting MSRP
- $24,395
Fuel Economy
- MPG City: 27
- MPG Highway: 35
- Combined MPG City + Highway: 30
IIHS Safety Rating
The 2023 Subaru Legacy is a reasonably priced car with standard all-wheel drive, and it’s one of the safest cars in 2023.
The 2023 Subaru Legacy is an award-winning midsize sedan that offers a winning combination of safety, reliability, and fuel efficiency. The vehicle has been named an IIHS 2023 Top Safety Pick, thanks to its advanced safety features and sturdy design. Equipped with Brake Assist, Brake Override System, Blind Spot Detection, Lane Change Assist, Rear Cross-Traffic Alert, a Rear Vision Camera, a collapsible steering column, and a Vehicle Dynamics Control system, the Legacy is designed to keep you and your passengers safe on the road..
2023 Volvo XC90
Starting MSRP
- $57,095
Fuel Economy
- MPG City: 20
- MPG Highway: 26
- Combined MPG City + Highway: 22
IIHS Safety Rating
The 2023 Volvo XC90 is a midsize luxury SUV with decent fuel economy and the highest safety rating.
The 2023 Volvo XC90 is a luxurious and stylish SUV that is sure to turn heads on the road. One of the standout features of the 2023 Volvo XC90 is its advanced safety technologies that earned it IIHS Top Safety Pick + rating, which include automatic emergency braking, lane departure warning, and blind-spot monitoring. The vehicle also features a reinforced body structure and a range of airbags to ensure that you and your passengers are protected in the event of an accident. In addition to its safety features, the Volvo XC90 offers a comfortable and spacious interior, with plenty of legroom and headroom for both driver and passengers. The vehicle is also equipped with a range of premium amenities, including leather upholstery, a panoramic sunroof, and a state-of-the-art infotainment system. Overall, the 2023 Volvo XC90 is an excellent choice for anyone looking for a luxurious, safe, and enjoyable SUV.
2023 Acura MDX
Starting MSRP
- $49,550
Fuel Economy
- MPG City: 19
- MPG Highway: 26
- Combined MPG City + Highway: 22
IIHS Safety Rating
The 2023 Acura MDX is an affordable luxury SUV with good fuel economy and the highest safety rating.
The 2023 Acura MDX is a luxurious and spacious SUV. This vehicle boasts a range of advanced safety features, including the latest driver assistance technologies, making it one of the safest SUVs on the market. The 2023 Acura MDX has been named an IIHS Top Safety Pick+, which is the highest safety rating awarded by the organization. The vehicle features advanced safety technologies such as automatic emergency braking, lane departure warning, and blind-spot monitoring. Additionally, a reinforced body structure and advanced airbags provide protection in the event of an accident. In addition to its advanced safety features, the Acura MDX offers a comfortable and spacious interior, with plenty of legroom and headroom for both driver and passengers. Whether you’re navigating city streets or cruising on the highway, this car offers a comfortable and enjoyable driving experience.
2023 Volkswagen ID.4
Starting MSRP
- $38,995
Fuel Economy
- MPG City: 115
- MPG Highway: 99
- Combined MPG City + Highway: 107
IIHS Safety Rating
The 2023 Volkswagen ID.4 is an affordable midsize luxury electric SUV with amazing fuel economy and the highest safety rating.
The 2023 Volkswagen ID.4 is an all-electric SUV that is designed to provide a safe, comfortable, and environmentally friendly driving experience. The vehicle features advanced safety technologies, making it one of the safest SUVs on the market, earning an IIHS Top Safety Pick+ rating. With automatic emergency braking, lane departure warning, and blind-spot monitoring, the Volkswagen ID.4 is ready to help you stay safe and avoid accidents. Additionally, the vehicle’s reinforced body structure and range of airbags provide additional protection for you and your passengers in the event of a collision. The Volkswagen ID.4 is powered by an electric motor, which provides instant torque and a smooth, quiet driving experience. Additionally, range is sufficient with up to 275 miles on a charge. Better yet, charging speeds have improved for the 2023 model year.
2023 Hyundai Palisade
Starting MSRP
- $37,235
Fuel Economy
- MPG City: 19
- MPG Highway: 27
- Combined MPG City + Highway: 22
IIHS Safety Rating
The 2023 Hyundai Palisade is a reasonably priced midsize luxury SUV with decent fuel economy and, it’s one of the safest new cars in 2023.
The 2023 Hyundai Palisade boasts a range of advanced safety features, including the latest driver assistance technologies, earning it an IIHS Top Safety Pick+ rating. Equipped with automatic emergency braking, lane departure warning, and blind-spot monitoring, the Hyundai Palisade is designed to help you stay safe and avoid accidents. Additionally, the vehicle’s sturdy design and a range of airbags provide additional protection for you and your passengers in the event of a collision. The vehicle is has a range of premium amenities, including leather upholstery, a panoramic sunroof, and a state-of-the-art infotainment system. The Hyundai Palisade features a robust V6 engine that provides plenty of power and a smooth, comfortable driving experience.
We’re Here to Help
In conclusion, prioritizing safety when purchasing a new vehicle is essential for protecting yourself and your loved ones on the road. With the wide variety of top-rated safest cars in 2023, there’s no need to compromise on affordability or fuel efficiency. To make the smartest buying decision, turn to CarEdge for comprehensive information and expert guidance on the best vehicles for your needs. Our platform offers valuable insights, comparisons, and in-depth reviews to help you confidently choose the perfect car that combines safety, performance, and value. Let CarEdge be your trusted partner in finding the ideal vehicle for a secure and enjoyable driving experience.
Hyundai Recall: Over 568,000 Vehicles Recalled Due to Fire Risk
Hyundai Motor America and the NHTSA have issued a Hyundai recall for nearly 568,000 pickups and crossovers in the U.S. with potentially faulty trailer harness modules, posing a fire risk. The affected vehicles include 2019-23 Santa Fe midsize crossovers, 2021-23 hybrids, 2022-23 plug-in hybrids, and 2022-23 Santa Cruz compact pickups. Owners are advised to park their vehicles outside and away from structures until repairs are completed.
The Hyundai Recall: An Overview
On March 23, Hyundai and the U.S. NHTSA issued a recall notice that immediately impacted over half a million vehicles. These vehicles may be equipped with an accessory tow hitch assembly available for purchase through Hyundai or a dealership. Water accumulation on the tow hitch harness module printed circuit board (PCB) could cause an electrical short, leading to a fire. Hyundai has reported six incidents potentially related to this faulty component in the U.S., including one fire report and five reports of thermal damage isolated to the trailer harness module. No confirmed crashes or injuries have been associated with the issue.
The tow hitch module and wiring harness are manufactured by Korean auto supplier Segi. As an interim repair, dealers will inspect the module and remove the fuse as necessary. When the final repair is available, dealers will install a new fuse and wire extension kit. Dealers and owners will be notified starting May 16.
See if your vehicle is included in this recall with Hyundai’s VIN checker.
This year, Hyundai has issued six recalls affecting over 843,000 U.S. vehicles, according to NHTSA data. Kia America, a sibling company, is also recalling about 3,500 Carnival minivans for the same issue, with no reported fires, injuries, crashes, or deaths. The tow hitch harness supplier for Kia vehicles is Mobis Parts America.
Hyundai’s History with Recalls and Class Action Settlements
This Hyundai recall follows millions of vehicles recalled in 2022 due to a separate fire risk. Previously, Hyundai and Kia owners began suing the automakers in 2015 after they refused to pay for repairs or replacements of the Theta II engine. Unsurprisingly, Hyundai eventually settled the class-action suit.
The plaintiffs in the lawsuit alleged that the Class Vehicles suffered from a defect that could cause engine seizure, stalling, engine failure, and engine fire. They also claimed that engine seizure or stalling could be dangerous if experienced and that some owners and lessees had been improperly denied repairs under the vehicle’s warranty. HMA and HMC denied the plaintiffs’ allegations.
The affected “Class Vehicles” included 2011–2019 model year Hyundai Sonata, 2013–2019 model year Hyundai Santa Fe Sport, and 2014–2015 and 2018–2019 model year Hyundai Tucson equipped with 2.0 liter and 2.4 liter genuine Theta II gasoline direct injection engines within OEM specifications.
There’s More: A New Hyundai Class Action Settlement
In early 2023, an additional 2.1 million vehicles were included in a Hyundai and Kia class action settlement. While the previous settlement covered vehicles equipped with Theta II gasoline direct injection (GDI) engines, a more recent settlement aims to resolve several cases that claimed the automakers’ Theta II 2.4-liter multipoint fuel injection (MPI), 1.6-liter Gamma GDI and 2.0-liter Nu GDI engines are plagued by the same defect, which can allegedly cause engine seizures, failures and even fires.
Learn more about the new 2023 additions to the Hyundai and Kia class action settlement here.
Stay Informed, and Take This Seriously
The latest Hyundai recall affecting nearly 568,000 vehicles in the U.S. highlights the importance of addressing potential fire risks in vehicles. Owners of affected Santa Fe and Santa Cruz models are advised to park their vehicles outside and away from structures until necessary repairs are completed. Hyundai’s history with recalls and class-action settlements underscores the need for automakers to prioritize safety and customer satisfaction. Owners should stay informed about any recalls and take appropriate action to ensure their vehicles are safe and well-maintained.
Be sure to check if your vehicle is included in this Hyundai recall at Hyundai’s official recall checker.
Ford News: Ford Expects $3 Billion Loss on EVs This Year Amid Increased profits for Traditional Vehicles
In recent Ford news, the automotive giant has revealed that it expects its electric vehicle business to incur a loss of $3 billion in 2023. This comes despite the company forecasting increased profits from its internal combustion and commercial vehicle operations. Ford’s losses from its EV unit, Model e, are projected to rise by nearly 50 percent this year. Losses are attributed to the company’s investments in expanding production and developing next-generation Ford EVs on a dedicated platform.
Ford Earnings News
Ford announced that it anticipates around $7 billion in earnings before interest and taxes (EBIT) this year for Ford Blue, its internal combustion business unit, and about $6 billion for Ford Pro, its commercial unit. These units generated $6.8 billion and $3.2 billion in 2022, respectively, contributing to the company’s overall adjusted EBIT of $10.4 billion and a net loss of $2 billion.
It has long been assumed by analysts and investors that Ford’s traditional gasoline-powered vehicle business has been the primary driver of profits, helping to fund investments in Ford EVs and other mobility ventures. Thursday marked the first time Ford publicly disclosed the financial results of its three units, which were created in 2022. This new financial reporting method no longer details regional performance, such as North America, Europe, and China.
Ford’s electric vehicles, such as the popular Mustang Mach-E, are currently facing losses, which Lawler explained are to be expected. “Ford Model e is an EV startup within Ford. As everyone knows, EV startups lose money while they invest in capabilities, develop knowledge, build volume and gain share.” The increased losses this year are attributed to investments in building manufacturing complexes in Tennessee and Kentucky, as well as exploring alternative battery chemistries.
Ford EVs? Full Steam Ahead
Despite these challenges, Lawler assured that Ford would be “approaching contribution margin break even” on EVs by the end of this year. Ford aims to achieve a production capacity of 600,000 EVs annually by the end of 2023. They’re targeting the ability to build 2 million Ford EVs per year by 2026.
In the meantime, the Ford Pro unit expects to nearly double its earnings this year as it prepares to launch a new Super Duty line of pickups and increase output of its E-Transit van. Lawler said, “Ford Blue and Ford Pro are both solidly profitable today and well-positioned for growth.”
Ford’s Electric Vehicle Lineup Is Growing
F-150 Lightning
Price: $57,896 – $98,869+
The 2023 Ford F-150 Lightning is an impressive electric pickup truck with a powerful 580 horsepower Extended-Range battery that can hit 60 mph in just 4.0 seconds. With a sleek design that closely resembles its gasoline-powered counterpart, the Lightning offers EPA-estimated driving ranges of 230 to 320 miles, depending on the battery pack. However, towing can significantly impact range and charging frequency. Despite these limitations, the F-150 Lightning remains an ideal choice for truck owners who tow infrequently or for short distances. This year, the Lightning’s price has increased dramatically due to supply-chain constraints, rising material costs, and market demand, with entry-level Pro models seeing a $12,000 hike and higher-end trims experiencing increases between $6,000 and $7,000.
Ford Mustang Mach-E
Price: $47,495 – $77,195
The 2023 Ford Mustang Mach-E, priced between $47,495 and $77,195, is a versatile electric crossover offering numerous configurations and equipment packages to suit various preferences. Buyers can choose between the feature-rich Premium model or the high-performance GT. While it may not be a traditional Mustang, the Mach-E boasts impressive agility, speed, and style, as well as a well-equipped interior. Driving range is above average at over 300 miles for some trims. It won Car and Driver’s EV of the Year award in 2021. For the 2023 model year, the Premium trim’s estimated range increases to 290 miles. Ford’s Co-Pilot360 driver-assistance technology now comes standard across the lineup. The new Mustang Nite Pony package is available for selected Premium and GT Performance Edition models.
Ford E-Transit
Price: $43,295+
The 2023 Ford E-Transit is an all-electric cargo van designed to enhance productivity for commercial customers. It comes in eight different configurations, including three roof heights and three body lengths, as well as cutaway and chassis cab versions. The E-Transit offers a targeted range of 126 miles for the low-roof cargo van configuration, based on a 68 kWh usable battery capacity. This electric workhorse is part of Ford’s strategy to invest over $30 billion in electrification through 2025. The E-Transit is ideal for fleet operators looking for lower maintenance costs and eco-friendly operations.
Can Ford Navigate EV Losses Amid Rising profits for Traditional Vehicles?
Ford expects a $3 billion loss in its electric vehicle business in 2023, despite increased profits from traditional vehicle divisions. These losses are attributed to investments in manufacturing complexes and alternative battery chemistries. Ford remains confident in achieving breakeven contribution margin on EVs by year-end. With a growing EV lineup, Ford aims to enhance productivity for customers while supporting environmentally conscious operations. Despite current challenges, the automaker is investing $30 billion in electrification through 2025.
Used Car Prices in 2023: Pro for Smart Car Buying Decisions
The latest iSeeCars.com analysis has revealed a significant shift in used car prices in 2023, with prices dropping by 4.7 percent since September and 8.7 percent from a year ago. The study analyzed 1.8 million used car sales between February 2022 and February 2023 to identify used car pricing trends and which models experienced the biggest price increases and decreases. As a company that prioritizes transparency and fairness in the automotive industry, CarEdge is here to help you understand these trends so you can make smarter car buying decisions.
Fragmentation in the Used Car Market
According to iSeeCars’ executive analyst Karl Brauer, the used car market has fragmented over the past year. Although used car prices remain higher than pre-pandemic levels, they have consistently dropped over the past year, with an accelerated decline in the past six months. This fragmentation presents an opportunity for consumers to find better deals on used vehicles as the market adjusts to evolving conditions.
Biggest 6-Month and Year-Over-Year Price Drops
In terms of used car prices, the Tesla Model 3 experienced the most significant drop in the last six months, with a decline of 21.5 percent. Other vehicles like the Nissan Leaf and several hybrid models also saw significant price drops ranging from 11 to 22 percent over the same period. Luxury models like the Jaguar E-Pace and two Land Rovers were among the vehicles with the largest year-over-year price declines.
Tesla’s used car prices plummeted after Tesla suddenly slashed new Tesla prices by up to 13% overnight. Combined with the fact that used Tesla’s don’t qualify for the used EV tax credit (unless you’re lucky enough to find one under $25,000…), Tesla prices are likely to remain suppressed for now.
Take a look at the steady and steep price drops for this 2019 Tesla Model 3. These are the kinds of changes we’re seeing with used Teslas nationwide.
See our deep-dive into used Tesla price trends in 2023.
Interest rates have climbed tremendously year-over-year, and that’s certainly a leading factor in the decline of luxury car prices. The more buyers borrow, the more they owe in interest. But that’s not always the case, as we’re about to see.
Models with the Biggest Price Hikes
Despite the overall downward trend in used car prices in 2023, some models have experienced price increases over the past six and 12 months. Luxury vehicles, in particular, have seen price hikes, indicating that wealthier consumers are still willing to spend over the manufacturer’s suggested retail price (MSRP) to get the vehicle they desire. Fuel-efficient vehicles like electric cars, hybrids, and hatchbacks have also seen price hikes in response to the increase in fuel prices over the past year.
Hybrid Models Holding Up, Electric Vehicles Dropping Fast
Used hybrid vehicles have fared relatively well in the market, with prices dropping only about 2.1 percent in the past 12 months. The increase in fuel prices between February 2022 and February 2023 has heightened demand for fuel-efficient hybrids. On the other hand, used electric vehicles have seen a 13.9 percent price drop in the past year, which may be attributed to consumer reluctance to pay higher prices for used EVs amidst inflation and rising interest rates.
Vehicle Type Trends: Coupes, Hatchbacks, SUVs, and Minivans
When examining used car prices by vehicle type, coupes have actually increased in value compared to a year ago, possibly reflecting the strength in the luxury market. Hatchbacks and pickup trucks have seen the smallest price drops, while minivans and SUVs have experienced value losses of around 10 percent over the past year.
As the pandemic subsides and the supply chain improves, new car prices are beginning to fall, albeit still priced above the MSRP. However, the gap between list prices and MSRP is shrinking, and it is expected to continue contracting throughout the year. Dealers may be paying more for used cars at the wholesale level, but retail pricing does not reflect this, suggesting a compression in profit margins on used cars.
Black Book: Unexpected Growth in Wholesale Used Car Market Surpassing Seasonal Trends
According to recent data from Black Book, the wholesale used car market has been experiencing remarkable growth, with gains far surpassing the typical trends for this time of year. Pre-COVID, some segments would begin to see positive movement, but this year has already witnessed six weeks of consistent increases across most segments.
The overall Car segment grew by 0.63% last week, compared to a 0.46% increase the week prior. Out of the nine Car segments, seven saw growth last week. Sporty Cars, for example, picked up momentum with a 1.17% increase, marking nine consecutive weeks of growth. While the Prestige Luxury Car segment continued to decline, it experienced the lowest single week drop since July 2022.
The volume-weighted, overall Truck segment also increased by 0.43%, mirroring the increase from the previous week. Among the thirteen Truck segments, eleven reported growth last week. The Compact Crossover segment led the way with a 0.92% gain, marking the third consecutive week it held the top spot among Truck segments. Despite these increases, Compact and Full-Size Vans continued to experience a decline.
Navigate Today’s Changing Market With Expert Help
CarEdge is committed to helping you navigate today’s changing auto market. By understanding the shifts in used car prices in 2023, we hope to empower you to make the best possible car buying decision for your needs and budget. For more information on how we can help you save more today, check out our car buying help options below.
What do you think? Will car prices continue on this trajectory, or is another sudden shift around the corner?
Top 5 Best-Selling Cars, Trucks, and SUVs in America: The Ultimate Guide For 2022-2023
In the ever-evolving world of automobiles, car manufacturers compete fiercely to offer the most innovative and appealing models to customers. When it comes to sales figures, there are always clear winners that outshine the rest. In this article, we’ll take a look at the top five best-selling cars, SUVs, and trucks in the United States in 2022 and 2023.
The Best-Selling New Cars in America
Before we dive into the sales leaders in each vehicle segment, let’s take a look at the top-selling models in 2022 across all vehicle classes.
1. Ford F-Series – 653,000 sold
2. Chevrolet Silverado – 521,000 sold
3. Ram Pickup – 468,000 sold
4. Toyota RAV4 – 366,000 sold
5. Toyota Camry – 295,000 sold
The list is little changed from 2021. Chevrolet knocked Ram out of the #2 spot in 2022, and the Camry replaced the Honda CR-V. Here’s how U.S. sales fared for top-selling sedans, SUVs and trucks in 2022.
The 5 Best-Selling Sedans in America in 2022
Toyota Camry
The Toyota Camry is a popular midsize sedan with a starting MSRP of $26,220. In 2022, it was the best-selling car in America with over 295,000 units sold. The Camry is known for its reliability, comfort, and fuel efficiency, making it a great option for those looking for a practical and affordable sedan.
See Toyota Camry listings in your area with local market insights.
Toyota Corolla
The Toyota Corolla is a reliable and affordable compact sedan with a starting MSRP of $21,550. In 2022, it was the third best-selling car in America with over 222,000 units sold. The Corolla is known for its comfortable ride, fuel efficiency, and advanced safety features, making it a great option for those looking for a reliable and safe sedan.
See Toyota Corolla listings in your area with local market insights.
Honda Accord
The Honda Accord is a spacious and comfortable midsize sedan with a starting MSRP of $27,295. In 2022, it was the fourth best-selling car in America with over 154,000 units sold. The Accord is known for its comfortable ride, fuel efficiency, and advanced safety features, making it a great option for those looking for a practical and spacious sedan.
See Honda Accord listings in your area with local market insights.
Nissan Altima
The Nissan Altima is a stylish midsize sedan with a starting MSRP of $25,490. In 2022, it was the fifth best-selling car in America with over 140,000 units sold. The Altima is known for its spacious cabin, comfortable ride, and advanced safety features, making it a great option for those looking for a stylish and practical sedan.
See Nissan Altima listings in your area with local market insights.
Honda Civic
The 2023 Honda Civic is another popular compact sedan with a starting MSRP of $25,050. In 2022, it was the second best-selling car in America with over 134,000 units sold. The Civic is known for its sporty handling, comfortable ride, and fuel efficiency, making it a great option for those looking for a fun-to-drive and practical sedan.
See Honda Civic listings in your area with local market insights.
The 5 Best-Selling SUVs in America in 2022
Toyota RAV4
The Toyota RAV4 is a popular compact SUV with a starting MSRP of $27,975. In 2022, it was the best-selling SUV in America with over 366,000 units sold. The RAV4 is known for its reliability, spacious cabin, and advanced safety features, making it a great option for those looking for a practical and versatile SUV.
See Toyota RAV4 listings in your area with local market insights.
Honda CR-V
The Honda CR-V is another popular compact SUV with a starting MSRP of $28,410. In 2022, it was the second best-selling SUV in America with over 238,000 units sold. The CR-V is known for its spacious cabin, fuel efficiency, and advanced safety features, making it a great option for those looking for a practical and comfortable SUV. The CR-V Hybrid gets up to 40 miles per gallon, saving thousands of dollars in fuel.
See Honda CR-V listings in your area with local market insights.
Jeep Grand Cherokee
If you’re looking for that perfect combination of interior spaciousness and rugged reputation, the Jeep Grand Cherokee is certainly on your short list. In 2022, Stellantis sold 223,000 Jeep Grand Cherokees in the United States. For the 2023 model year, the Grand Cherokee starts at $41,530. A plug-in hybrid version is now on sale, but starts at $61,660. At that price point, just go for an EV.
See Jeep Grand Cherokee listings in your area with local market insights.
Toyota Highlander
The Toyota Highlander is a spacious and comfortable midsize SUV with a starting MSRP of $36,420. In 2022, it was the fourth best-selling SUV in America with over 222,000 units sold.
See Toyota Highlander listings in your area with local market insights.
Chevrolet Equinox
The Chevrolet Equinox is a versatile and practical compact SUV with a starting MSRP of $26,600. In 2022, it was the fifth best-selling SUV in America with over 212,000 units sold. The Equinox is known for its spacious cabin, fuel efficiency, and advanced safety features, making it a great option for those looking for a reliable and versatile SUV.
See Chevrolet Equinox listings in your area with local market insights.
Best-Selling Trucks in America in 2022
Ford F-Series
The Ford F-Series is the best-selling vehicle in America, and has been for decades. In 2022, Ford sold 653,000 F-Series trucks, making it the best-selling truck in America. The 2023 model year starts at an MSRP of $33,695. The F-Series is known for its toughness and durability, as well as its powerful engines and high towing and hauling capacities. It comes with several standard safety features, including forward collision warning, automatic emergency braking, lane departure warning, and blind-spot monitoring.
The F-150 Lightning was the best-selling electric truck in America, with 15,600 sold.
See Ford F-150 listings in your area with local market insights.
Chevrolet Silverado
The Chevrolet Silverado is another popular full-size pickup truck, known for its reliability and capability. In 2022, Chevrolet sold 521,000 Silverados, making it the second-best-selling truck in America. The 2023 model year starts at an MSRP of $36,632. The Silverado offers several powerful engine options, as well as a comfortable and spacious interior. It comes with several standard safety features, including forward collision warning, automatic emergency braking, lane departure warning, and blind-spot monitoring.
A fully-electric Silverado is almost here. It will have faster charging and longer range than the F-150 Lightning. Learn more about the Silverado EV.
See Chevrolet Silverado listings in your area with local market insights.
Ram Pickup
The Ram Pickup is a highly capable full-size truck that offers impressive towing and hauling capabilities. In 2022, Ram sold 468,000 pickups, making it the third-best-selling truck in America. The 2023 model year Ram 1500 starts at an MSRP of $36,820. The Ram 1500 offers a comfortable and spacious cabin, as well as several powerful engine options. It comes with several standard safety features, including forward collision warning, automatic emergency braking, lane departure warning, and blind-spot monitoring.
A fully-electric Ram truck is on the way, but won’t be here for at least a year.
See Ram 1500 listings in your area with local market insights.
GMC Sierra
The GMC Sierra is another full-size pickup truck that’s known for its capability and reliability. In 2022, GMC sold 242,000 Sierras, making it the fourth-best-selling truck in America. The 2023 model year starts at an MSRP of $38,195. The Sierra offers several powerful engine options, as well as a comfortable and upscale interior. It comes with several standard safety features, including forward collision warning, automatic emergency braking, lane departure warning, and blind-spot monitoring.
The electric GMC Sierra will debut as a pricey Denali Edition 1 in 2024.
See GMC Sierra listings in your area with local market insights.
Toyota Tacoma
The Toyota Tacoma is a midsize pickup truck that’s known for its durability and off-road capability. In 2022, Toyota sold 237,000 Tacomas, making it the fifth-best-selling truck in America. The 2023 model year starts at an MSRP of $27,750. The Tacoma offers several powerful engine options, as well as a rugged exterior design and a comfortable, feature-rich interior. Despite the growing competition in the midsize truck segment, the 2023 Tacoma continues to be a top choice among buyers, thanks to its proven reliability, impressive resale value, and Toyota’s commitment to enhancing the driving experience.
See Toyota Tacoma listings in your area with local market insights.
You’ve Got Options
The automobile industry is constantly changing, with new technology and design elements making their way into the market every year. However, as we’ve seen, some models have a timeless appeal that keeps them at the top of the sales charts year after year. Whether you’re in the market for a new car, SUV, truck, or luxury model, these best-sellers are definitely worth considering for their reliability, performance, and popularity.
Toyota’s Hybrids Versus Electric Cars
When it comes to fuel efficiency and eco-friendly vehicles, Toyota has been a pioneer in the automotive industry. With the introduction of the iconic Prius in 1997, Toyota has continued to innovate and expand its lineup of hybrid vehicles. However, in the emerging electric vehicle market, Toyota’s offerings seem to be lagging behind their competitors. We’ll explore why Toyota hybrids are a better choice for consumers than Toyota electric cars, and provide insights into their most popular hybrid models.
EVs Are Great…. When Well Equipped
I’m an EV owner myself. My 2022 Hyundai IONIQ 5 is the best vehicle I’ve ever owned. But that doesn’t mean that all electric models are equally packed with value, efficiency and exhilaration. There are vast differences in range, efficiency, charging capabilities and standard features among EVs on sale in 2023. In many cases, these differences can make or break the value proposition for an electric car. Consider the following:
- Are you willing to spend an hour at public charging stations on road trips?
- Would 200 miles of highway driving range cut it for you?
- Do you have a place to charge at home?
- Are you willing to spend several thousand dollars more to say goodbye to gas stations?
If you answered no to any of these questions, a traditional hybrid or even plug-in hybrid powertrain is probably better suited for your lifestyle than Toyota’s new electric model. Before we throw praise at Toyota’s accomplishments on the hybrid front, let’s take a look at their latest darling, the all-electric bZ4X electric crossover.
The 2023 Toyota bZ4X
Price: $42,000 – $52,000
Range: 227 miles – 252 miles
Availability: On sale now (see listings in your area with local market data)
Toyota’s first fully-electric model looks better than it performs. Engineered in partnership with Subaru, the 2023 Toyota bZ4X features a comfortable ride, modern looks, but also some notable drawbacks that potential buyers should consider. Here are some of the flaws that will be deal-breakers for some:
Slow charging: One key limitation of the bZ4X is its frankly miserable charging speeds. This means significantly longer wait times at charging stations and is likely to be inconvenient for those who frequently embark on long trips or have limited access to charging infrastructure. Tests by MotorTrend found that the bZ4X’s greatest flaw is charging. Take a look at MotorTrend’s real-world experiment:
- At 65 degrees Fahrenheit, their all-wheel drive Toyota bZ4X charged from 5% to 80% (adding about 180 miles of range) in 1 hour and 4 minutes. For comparison, the Model Y, IONIQ 5 and EV6 can all do that in 20 minutes in warm weather.
- Charging from 80% to 90% took an additional 36 minutes. Need the full 227 miles of EPA-rated range? That would take an extra 7 HOURS. No bueno.
Even worse, Toyota admitted in a disclaimer that DC charging may not work when below 32 degrees Fahrenheit. It wasn’t just MotorTrend, others have found similar results.
Range Lacks: In the city, the bZ4X’s EPA-rated range of 227 miles with AWD and up to 252 miles with FWD is just a hair below average. But when you combine average range with below average charging speeds, that’s where we run into problems. Consider that on the interstate at 70 mph, the bZ4X can make it about 190-200 miles on a charge. That’s not too bad, but when you realize that you’ll be stopping for an entire hour to charge every 180 miles or so, it doesn’t sound like a pleasant ownership experience.
If you don’t plan to take your $45,000+ bZ4X on any road trips, perhaps this is of little importance to you. However, keep in mind that the bZ4X’s reputation as a slow-charger will impact its resale value.
Toyota Hybrids Are Class Leaders
We’re not here to bash on Toyota. In fact, we are big fans of their proven powertrain technologies. Toyota’s hybrid technology has a decades-long track record of reliability and fuel efficiency. The automaker has been perfecting its hybrid powertrain for more than two decades, which means that when you choose a Toyota hybrid, you’re investing in a vehicle with a well-established and reliable system. Toyota’s Hybrid Synergy Drive combines a gasoline engine with one or more electric motors to deliver a seamless driving experience while maximizing fuel efficiency.
Hybrid Fuel Efficiency
Toyota hybrids are well-known for their impressive fuel efficiency. Models like the Prius, Camry Hybrid, and RAV4 Hybrid offer outstanding fuel economy, which translates into cost savings for consumers for a lower upfront cost than an EV. It’s not just about the Prius, either. The Highlander Hybrid is one of the only three-row SUVs equipped with a hybrid powertrain.
Toyota has come a long way since the launch of the Prius over 20 years ago. Not only do today’s hybrid models look a lot better, they’re more spacious AND more efficient. That’s not easy to do.
For instance, the 2003 Toyota Prius was rated for 41 miles per gallon combined. The all-new 2023 Toyota Prius gets 57 miles per gallon, and doesn’t look like a lunch box.
While electric cars are more energy-efficient overall, the higher cost, limited range and charging infrastructure make them less practical for some drivers. Toyota hybrids, on the other hand, provide the perfect balance between fuel efficiency and practicality.
Affordability
Toyota hybrids are generally more affordable than their electric counterparts. While EV prices have been decreasing over the past months following Tesla’s massive price cut, they still tend to be more expensive than comparable hybrid models. Additionally, the cost of ownership for a hybrid vehicle is often lower than that of an electric car, considering factors such as maintenance, charging equipment, and electricity costs. Toyota’s hybrid lineup offers excellent value for money, making them a smart choice for budget-conscious consumers.
Back when gas prices peaked at $5/gallon, we took a close look at the financial break-even point for various EV models. Take a look at what we found.
Range and Charging Infrastructure
One of the main drawbacks of electric cars is their limited range and dependence on charging infrastructure. While the charging network is continuously expanding, it still can’t match the convenience of gasoline stations. Toyota hybrids, however, eliminate the range anxiety associated with electric vehicles.
Toyota’s all-electric bZ4X is rated for 227 miles on a charge with all-wheel drive, and up to 252 miles with front-wheel drive. The hybrid RAV4 of comparable size is capable of driving 595 miles on a 14.5 gallon tank.
With their gasoline engines and regenerative braking, hybrids offer drivers the flexibility to travel longer distances without worrying about finding a charging station.
What About the Environment?
Eliminating tailpipe emissions and eventually reducing my family’s carbon footprint was one of the main reasons we went electric. However, the carbon ‘break-even’ point depends on how many miles you drive, and how efficient your EV is. We drive a lot, so even with the significant environmental impact of battery mineral mining considered, we determined that it would take us just two years to reach the carbon break-even point. If you drive less than 15,000 miles a year on average, it will likely take 3 to 5 years of driving to make up for the higher environmental cost of manufacturing an EV.
Your source of electricity also matters, as some power grids are much cleaner than others. But the good news is that once you turn that corner, EVs are better for the planet for the remaining life of the vehicle.
Popular Toyota Hybrid Models
Toyota offers a diverse lineup of hybrid vehicles to cater to various consumer needs. Some popular Toyota hybrid models include:
Toyota Prius
Fuel economy: 57 MPG combined
Starting price: $27,450
The flagship hybrid model, the Prius, is known for its outstanding fuel efficiency, reliability, and practicality. It offers a comfortable ride and a spacious interior, making it an excellent choice for families and commuters.
See Toyota Prius listings near you with local market data.
Toyota Camry Hybrid
Fuel economy: 52 MPG combined
Starting price: $28,355
Combining the comfort and reliability of the Camry with Toyota’s hybrid technology, the Camry Hybrid delivers an impressive fuel economy and a smooth, powerful driving experience.
See Toyota Camry Hybrid listings near you with local market data.
Toyota RAV4 Hybrid
Fuel economy: 40 MPG combined
Starting price: $30,225
For those who need a more versatile and spacious vehicle, the RAV4 Hybrid offers the benefits of an SUV with the fuel efficiency of a hybrid. The only real downside is that it can be tough to find one on the lot due to the RAV4 Hybrid’s popularity and Toyota’s inventory woes.
See Toyota RAV4 Hybrid listings near you with local market data.
Toyota Highlander Hybrid
Fuel economy: 36 MPG combined
Starting price: $40,220
The Highlander Hybrid is arguably the best 3-row hybrid on the market. Typically synonymous with gas guzzlers, this family hauler is better for your wallet, and better for the environment.
We recently covered the Highlander Hybrid in-depth here.
See Toyota Highlander listings near you with local market data.
It’s Time For a Test Drive
Toyota hybrids continue to stand out as excellent options for consumers seeking fuel efficiency, reliability, and affordability. With their proven hybrid technology, impressive fuel economy, and diverse lineup of models, Toyota hybrids offer an ideal balance between eco-friendliness and practicality. While Toyota’s electric vehicles have yet to catch up with their competitors in the rapidly evolving EV market, the company’s hybrid offerings remain top choices for those looking to reduce their carbon footprint and save on fuel costs.
The 5 Best Hybrid SUVs in 2024
As the demand for fuel-efficient vehicles continues to rise, hybrid SUVs are becoming increasingly popular. In this article, we’ll be taking a look at the best hybrid SUVs under $50,000 MSRP.
2024 Hyundai Tucson Hybrid
First on the list is the 2024 Hyundai Tucson Hybrid. This car features a sleek re-design with an aggressive new grille and standard LED headlights. Many Tucson Hybrid owners comment on the newfound pep behind a 1.6-liter turbo paired with a 44.2 kilowatt electric motor and refined 6-speed transmission that shifts seamlessly between gears while producing 226 horsepower and 258 lb-ft of torque.
At a combined 38 MPG and a starting price under $30,000, the Tucson is an excellent choice for those looking for an efficient and reasonably priced SUV. Hyundai also offers 3 years of complimentary maintenance, a 10-year/100,000-mile powertrain and hybrid components warranty, as well as a 5-year/60,000-mile bumper-to-bumper warranty.
See new and used Tucson Hybrid listings near you featuring local market data.
2024 Kia Sportage Hybrid
Next on the list is the 2024 Kia Sportage Hybrid, a gem from Hyundai’s sister company. The new Sportage is gaining a lot of hype, with a length 7 inches longer than the previous Sportage model. The 2024 Sportage Hybrid sports best-in-class cargo room and rear legroom. Even more impressive, when equipped with front-wheel drive, the Sportage Hybrid tops out at a combined 43 MPG. Plus, it carries the same great warranty as the Tucson Hybrid.
See new and used Sportage Hybrid listings near you featuring local market data.
2024 Toyota RAV4 Hybrid
The 2024 Toyota RAV4 Hybrid delivers amazing reliability and fuel-efficiency, reaching 43 MPG. That’s no easy feat for anything other than an EV. When Toyota gets something right, they stay with it until it breaks. However, for 2024, the infotainment system has finally been upgraded.
See new and used RAV4 Hybrid listings near you featuring local market data.
2024 Toyota Highlander Hybrid
The phenomenal 2024 Toyota Highlander is easily the best ride of the group, but it’s also the most expensive, topping out just under $60,000. The Highlander Hybrid is one of the only hybrid SUVs available with third-row seating. The 2024 Toyota loses little if any of the luxurious feel of the gas version of itself and adds a standard digital instrument panel to all models. Higher trim levels now sport an upgraded 12.3-inch touchscreen. The Highlander Hybrid is sufficiently powerful, considering it can produce up to 243 horsepower. Considered the most reliable hybrid SUV on the list, treat yourself to comfort with the 2024 Highlander seating up to 8 people and gaining a combined 36 MPG.
See new and used Highlander Hybrid listings near you featuring local market data.
2024 Honda CR-V Hybrid
Finally, the fully redesigned 2024 Honda CR-V Hybrid comes in two different trims: the Sport Hybrid and the Sport Touring Hybrid. The front-wheel drive model matches the Kia Sportage with a best-in-class 43 MPG city. Both are also propelled by a powertrain featuring a 2.0 4-cycle Atkinson engine and an electric motor garnering an output of 204 horsepower. If you like reliability, refreshingly designed interior technology, and a spacious interior, the Honda CR-V is sure to please.
See new and used CR-V Hybrid listings near you featuring local market data.
What’s Your Take?
In conclusion, these 5 hybrid SUVs are the best options for those looking for an affordable, fuel-saving vehicle that doesn’t sacrifice room and comfort. What do you think? Are fully-electric SUVs worth the extra price upfront, or are hybrid SUVs the real value on the market? Let us know in the comments below, or join the conversation at the fastest-growing automotive community online, the CarEdge Community forum.
The Top 5 Self-Driving Car Companies Leading Innovation in 2023
Self-driving technology has been heralded as a game-changing innovation that will transform our daily lives. However, the reality of this technology is far from certain. While autonomous vehicles offer potential benefits such as improved safety, reduced traffic congestion, and increased efficiency, there are still many challenges that must be addressed before this technology can be fully realized. The top 5 self-driving car companies are closer than ever before to overcoming the hurdles of self-driving. Let’s take a look at who the key players are, their unique approaches to remaining challenges, and the frontier of innovation today.
The 5 Leading Self-Driving Car Companies
Tesla
Tesla is known for its electric cars, but the company has also been working on autonomous driving technology for several years. Tesla’s Autopilot system allows cars to handle some driving tasks on their own, but the company’s ultimate goal is to create fully autonomous vehicles.
The Tesla approach to self-driving has been controversial due to allegations of overpromising and under delivering. Still, the company has made significant progress in this area in recent years. Here are some of the key innovations that Tesla has introduced in the field of self-driving technology:
Autopilot: Tesla’s Autopilot system is one of the most advanced self-driving systems on the market today. The system uses a combination of cameras, radar, and ultrasonic sensors to detect and respond to obstacles on the road. It can handle many driving tasks, such as steering, accelerating, and braking, and it can even change lanes and park the car in certain situations.
Full Self-Driving (FSD): Tesla’s FSD system is designed to be even more advanced than Autopilot. While Autopilot is designed to handle many driving tasks, it still requires human supervision. FSD, on the other hand, is intended to allow the car to drive itself completely without any human input.
Neural Networks: Tesla’s self-driving technology is powered by neural networks, which are a type of machine learning algorithm. These neural networks are trained on massive amounts of data from Tesla’s fleet of vehicles, which allows them to recognize and respond to a wide range of driving scenarios.
Vision-Only Approach: Tesla’s self-driving technology is unique in that it relies primarily on cameras for sensing the environment, rather than lidar sensors which are commonly used by other companies. Tesla’s approach is based on the idea that cameras are a more cost-effective and scalable solution than lidar, and the company has made significant progress in developing advanced computer vision algorithms that can interpret camera data.
Over-the-Air Updates: One of the key advantages of Tesla’s self-driving technology is that it can be updated remotely over the air. This means that Tesla can push new features and improvements to its vehicles without the need for customers to bring their cars to a service center.
Overall, Tesla has made significant innovations in the field of self-driving technology, and the company’s Autopilot and FSD systems are some of the most advanced on the market today.
Cruise
Cruise is a subsidiary of General Motors that is focused on developing self-driving cars. The company has been testing autonomous vehicles on public roads in San Francisco since 2015, and in 2020, Cruise unveiled its first completely driverless car. Since then, Cruise has also established partnerships with Honda and Microsoft.
In 2020, Cruise received a permit from the California Department of Motor Vehicles (DMV) to test its self-driving cars without a human safety driver behind the wheel. This made Cruise the first company to receive such a permit in California.
Cruise plans to launch a commercial autonomous ride-hailing service using its self-driving cars. The company has not announced a specific timeline for the launch of this service, but it has said that it plans to start with a limited pilot program in San Francisco.
Cruise’s self-driving technology is based on a combination of machine learning, computer vision, and sensor fusion. This self-driving car company uses a variety of sensors, including lidar, cameras, and radar, to detect and respond to obstacles on the road.
Baidu
What happens when you put wheels on a search engine? We’re about to find out. Baidu is a Chinese search engine company that has been working on autonomous driving technology since 2013. The company’s Apollo platform allows other companies to develop their own autonomous vehicles using Baidu’s technology.
Baidu’s autonomous driving efforts are based on its Apollo platform, which is an open-source software platform that provides a range of tools and resources for developing autonomous driving technology. The platform includes everything from hardware and software components to simulation tools and data resources. Baidu’s autonomous driving technology is based on a combination of machine learning, computer vision, and sensor fusion. The company uses a variety of sensors, including lidar, cameras, and radar, to detect and respond to obstacles on the road.
Just three years after beginning testing, Baidu launched a robotaxi service in the Chinese city of Changsha in 2020. The service allows users to hail a self-driving taxi using a mobile app, and is considered one of the most advanced robotaxi services in the world.
The rapidly advancing Apollo platform and partnerships with major automakers and technology companies suggest that Baidu is well-positioned to continue making significant contributions to the development of self-driving technology.
Uber
Uber is primarily known for its ride-hailing service, but the company has also been investing heavily in self-driving cars. In 2016, Uber launched a pilot program for autonomous vehicles in Pittsburgh, and the company continued to test its self-driving technology in other cities for years. However, Uber’s self-driving program has experienced some serious setbacks.
The company temporarily suspended its self-driving testing in 2018 after a fatal accident in Arizona involving one of its self-driving vehicles.
Uber’s self-driving technology WAS based on a combination of machine learning, computer vision, and sensor fusion. The company used a variety of sensors, including lidar, cameras, and radar, to detect and respond to obstacles on the road. Why the past tense? Uber sold their self-driving car company, Advanced Technologies Group, to competitor Aurora in 2020.
Two years after giving up on their own self-driving ambitions, Uber announced a non-exclusive 10-year agreement with Motional in 2022.
When Uber riders hail an autonomous ride, Motional sends an electric Hyundai IONIQ 5 equipped with Motional’s self-driving hardware to pick up the driver. For now, a human remains in the driver’s seat. In 2023, Uber says that riders will be able to hail a completely driverless ride in Las Vegas and Los Angeles.
Waymo
Waymo is a subsidiary of Alphabet Inc., Google’s parent company. They’ve been testing autonomous vehicles on public roads since 2009, and have logged over 20 million miles on public roads.
The company uses a variety of sensors, including lidar, cameras, and radar, to detect and respond to obstacles on the road. This is in contrast to the vision-focused approach that Tesla has turned to.
Waymo has formed partnerships with several major automakers and technology companies in the development of autonomous driving technology. For example, the company has partnered with Fiat Chrysler to develop autonomous vehicles, and with Jaguar Land Rover to integrate its self-driving technology into Jaguar I-PACE electric SUVs.
Waymo has been working to commercialize its self-driving technology through a ride-hailing service called Waymo One, which launched in 2018. The service is currently available to select riders in the Phoenix, Arizona area, and allows users to hail a self-driving taxi using a mobile app.
Tempering Expectations
Self-driving car companies are leading the march towards automated travel. Nevertheless, big challenges remain before we can confidently take our hands off the wheel. Tesla may be the face of self-driving for many, but it’s not alone in the race to autonomous transportation. These five companies are making significant contributions to the development of self-driving technology. Whether or not the world is ready for automation on the highway is a question we’ll soon have to face.
The 3 Cheapest New Cars in 2024
In 2024, it’s tough finding a cheap new car. Just a decade ago, buying a new car for $30,000 was the norm. Fast forward to today, and the average price has skyrocketed by 60%, sitting at about $47,000. Despite this surge, there’s still hope for budget-conscious buyers. Below, we’ve compiled all you need to know about the three cheapest new cars on sale in 2024.
Nissan Versa: The Cheapest Car in 2024
Starting Price: $17,820 with destination charges
Fully-Loaded Price: $24,000+
For those searching for the cheapest new cars in 2024, the Nissan Versa stands out as a prime candidate with a starting price of only $17,820 with Nissan’s expensive destination charges included. The Versa boasts a 5-star safety rating and an impressive 35 MPG, making it not only economical but also safe and efficient. Plus, the Versa is all-around better rated than the #2 cheapest car in America, the Mitsubishi Mirage (starting at $17,450).
See Nissan Versa listings with the power of local market data
Mitsubishi Mirage: Bare Bones Transportation
Starting Price: $18,015 with destination charges
Fully-Loaded Price: $20,215+
The 2024 Mitsubishi Mirage is one of the last subcompact hatchbacks available, with a starting price under $20,000. It offers a lengthy list of standard features, including automatic climate control, a forward collision warning system, and a touchscreen infotainment system with Apple CarPlay and Android Auto. However, the Mirage’s slow performance, lack of comfort, and cheap interior won’t brighten your day. The slightly cheaper Nissan Versa is all-around a better option.
See Mitsubishi Mirage listings with the power of local market data
Hyundai Venue: Bargain Crossover SUV
Starting Price: $21,275 with destination charges
Fully-Loaded Price: $24,525+
The 2024 Hyundai Venue might be the last new SUV with an MSRP under $20,000, but even the required delivery fees push it over the top. At a starting price of $21,275 with delivery, this is the cheapest crossover on sale. The cargo volume of the Hyundai Venue is just 32 cubic feet with the back seats folded, which is less than half of what you get with the larger Hyundai Tucson and Santa Fe.
Although the Hyundai Venue is technically the most affordable crossover, the only true SUV benefits you get are a rear hatch instead of a trunk and a higher ceiling for hauling.
Fuel economy is merely okay at 29 city / 33 highway, and NHTSA safety ratings are average at 4-stars overall.
See Hyundai Venue listings with the power of local market data
You Can Find a Cheap New Car in 2024
Finding the cheapest cars in 2024 may seem like a daunting task given the rising prices in the auto market. However, with options like the Mitsubishi Mirage, Nissan Versa, and Hyundai Venue, budget-friendly cars are still within reach. These vehicles not only offer affordability but also provide efficiency, safety, and value for their price.
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The Most and Least Negotiable New Cars in 2023
The best new car deals are changing in 2023. Our team of CarEdge Coaches combines decades of experience in the automotive industry to help you, the consumer, buy a car without the hassle. That’s why we create must-have resources that demystify car buying, and save you money. We surveyed our auto experts to find out which new cars have negotiable prices in 2023. The result is an up-to-date resource that will guide you through how to negotiate car prices in today’s changing market.
You Have More Negotiating Power With These New Cars Today
Full-Size Trucks
CarEdge Coaches Justise, Mario and Phil all highlighted full-sized trucks as particularly negotiable in 2023. It’s now common to see advertised discounts below MSRP for these models:
- Ram 1500: negotiate up for 7% off MSRP
- Ford F-150: negotiate up to 7% off MSRP
- Chevrolet Silverado 1500: negotiate up to 5% off MSRP
- Honda Ridgeline: negotiate up to 8% off MSRP
Mario noted that his data even shows the Toyota Tacoma TRD becoming negotiable in recent months, with some buyers he’s helped driving one home for between $1,500 and $2,000 below MSRP.
Subaru
A year ago, could you imagine buying a brand-new Subaru WRX for $3,500 off of MSRP? In 2023, that’s exactly what CarEdge Coach Mario has been able to help at least one Subaru lover achieve. Subaru suffered the worst of the inventory woes in late 2021 and the first half of 2022, but things are looking up. As Subaru dealer lots fill back up, it’s becoming a buyer’s market again.
CarEdge Coach Justise says that new Subarus can be negotiated to the invoice price at the very least, with many deals closing for under MSRP.
Use this free cheat sheet to guide you through negotiating car prices, or work with a 1:1 coach for guaranteed success.
Mazda
Mazda inventory is finally recovering, and that’s great news for car buyers. “Now we are refilling inventory and performance is up,” a Mazda executive told Automotive News recently. After treating its first EV like a joke with about 100 miles of range and slow charging, Mazda will “beef up” its EV goals slightly with a new plan. A dedicated battery-electric platform is now due to arrive in 2025.
In the meantime, you can score great deals on many Mazda models, depending on your local inventory.
CarEdge Coach Mario shared specific recommendations on how negotiable the most popular Mazda models are heading into spring:
- Mazda CX-9 – negotiate 8% off MSRP
- Mazda CX-5 – negotiate 6% off MSRP
- Mazda CX-30 – negotiate 5% off MSRP
CarEdge Coaches note that these models all have particularly negotiable car prices, especially when you approach the deal with confidence and market knowledge. Find out more about how you can work with a coach to negotiate the best deal on your next vehicle.
The Least Negotiable New Cars Today
If you’re determined to get a good deal on any of these new cars, we HIGHLY recommend working with a professional, experienced car buying coach. These are the toughest vehicles to negotiate, and why.w
Hybrids
Gas prices have fallen, but we all know the drill. Eventually, gas prices will rise again. Besides, it’s not like the national average is cheap by any means, so higher MPG means more money staying in your bank account. Hybrid vehicles remain in high demand, and that’s being reflected in notoriously non-negotiable prices in 2023.
If you’ve tried to get a deal on a Toyota RAV4 prime or Honda CR-V Hybrid, you’re familiar with the challenge.
Large SUVs
If you’re in the market for a new full-sized SUV, don’t expect to find good deals in the first half of 2023. Justise, a beloved CarEdge Coach who has saved hundreds of car buyers tens of thousands of dollars, says that he’s noticed that these models are particularly tough to negotiate, at least on the new car market:
- Cadillac Escalade
- Jeep Grand Wagoneer
- Chevrolet Suburban
- Land Rover
- Toyota Sienna
Oddly enough, large SUVs have been among the vehicle classes that have declined significantly in the USED car market. If you’re in need of a larger SUV or van, we recommend at least taking a look at the pre-owned lots. Of course, never buy used without a pre-purchase inspection.
Don’t Overlook the Cost of Ownership
When you’re budgeting for a new car purchase, don’t forget the other significant costs that accompany vehicle ownership. Here are some helpful resources to shed light on the total cost of ownership:
- The Most and Least Expensive Cars to Insure
- Ranking the Least Expensive Cars to Own
- Cars with the Best Resale Value
- Ranking the Least Expensive Cars to Maintain
See all of our 100% free guides and rankings.
Don’t Go In Blind: Negotiate Car Prices With Confidence
Whether you’re thinking of buying new or used, always know the right price to pay. This is more important than ever as the market continues to change at a quicker pace. At CarEdge, we know that the best deal is the one you completely understand. Research is key to learning how to negotiate car prices effectively, and ultimately buying your car for the price you want.
The CarEdge Community is your one-stop shop for car buying advice and consumer empowerment. Join CarEdge for free to see what the hype is all about. Looking for more help with your deal? With the CarEdge Coach plan, you get 1:1 help from CarEdge Coaches, access to Premium Resources (like car dealer tools typically hidden from public view), Deal School, and CarEdge Reports featuring suggested offer, negotiation score, and recommendations for EVERY vehicle listing.
We’re real people helping drivers save real money every day. We hope to see you there.
