Looking to buy a car this year? If you're leaning towards an off-the-lot model as opposed to a used vehicle, there are plenty of great options with starting prices below $30k to choose from.
But we understand that it’s not just about the lowest price tag—it's about getting the most value for your money. Below, we've broken down our top picks for 2024 based on price, features and performance.
Ready to find your next ride? Let's hit the gas!
10. Hyundai Venue
(MSRP: from $20,899)
This compact sport utility vehicle (SUV) delivers on performance with a 121-horsepower engine. That's not all; it offers some great onboard technology for the price, such as heated seats, smartphone integration and, of course, essential safety tools—such as stability control and a security system. All in all, it's a great value for its class.
9. Nissan Versa
(MSRP: from $20,298)
A standout in the budget-friendly segment, the Versa packs a punch with a 122 horsepower, 1.6L engine. On top of onboard safety features, It has plenty of standard (but quality) entertainment features like an 8-inch touchscreen for Apple CarPlay® and Android Auto™, and a wireless phone charger. Overall, it's a practical choice for economical sedan seekers.
8. Mitsubishi Mirage
(MSRP: from $16,998)
The Mirage shines in price and efficiency. Its 1.2L engine may seem modest, but with its Continuously Variable Transmission (CVT), it's surprisingly fuel efficient. The 2024 model offers three versions, all equipped with essential features like Bluetooth and air conditioning, and next-gen safety features like Forward Collision Mitigation, providing value far beyond its price tag.
7. Toyota Corolla
MSRP: from $23,050
A timeless choice, the Corolla's reputation for reliability continues in 2024. Its efficient 1.8L engine and tech upgrades make it a smart pick for those seeking a proven sedan with modern features. Not to mention, like most Toyotas, they tend to hold not only in performance but also in resale value. For those looking for even more fuel efficiency (albeit, with a slightly higher price tag), the base LE Hybrid model starts at $29,904.58.
6. Nissan Kicks
(MSRP: from $22,098)
The Kicks offers an affordable entry into the subcompact crossover market. Its 1.6L engine is efficient and powerful, with 122 horsepower and 114 lb-ft of torque. The car also has plenty of great safety features like the available Intelligent Around View® Monitor with four cameras. Add all that to lots of cargo space and a great sound system, proving that budget-friendly can still be feature-rich.
5. Volkswagen Jetta
MSRP: from $21,345
The Jetta maintains its classic appeal with a solid 158-horsepower engine. Its straightforward design conceals advanced features like a mobile hotspot, the Digital Cockpit that displays driving information in high resolution (on top of the standard infotainment screen) and comprehensive safety systems. It also has lots of cool remote, app-controlled features such as remote start and lock controls.
4. Hyundai Elantra
MSRP: from $21,999
The Elantra straddles the line between sporty and affordable. Its 2.0L engine is peppy, and the 2024 redesign adds even more flair and style. Standard tech amenities, like heated seats and a steering wheel, coupled with Hyundai SmartSense™ safety features, that include a range of camera, radar and motion detection features, make it a compelling choice for sedan enthusiasts.
MSRP: from $24,200
The Mazda3 stands out with its sleek design and high-end features, including an improved 2.5-litre engine, sporting Mazda's Skyactiv fuel efficiency for 2024. Like the VW Jetta, it comes packed with a host of remote, app-controlled features—like starting and locking your car, finding your car and even monitoring your fuel level. It also comes programmed with Mazda's next-gen i-Activsense safety technology.
2. Kia Seltos
MSRP: from $25,195
The Seltos stands out in the subcompact SUV category, blending style with practical functionality. Its 2.0-liter four-cylinder engine offers an ideal mix of efficiency and power, and is matched with a feature-rich interior. Advanced tech includes a seamless infotainment system, easy smartphone integration and heated seats for added comfort. Safety is also paramount, as seen with its comprehensive driver-assistance systems. Pound for pound, it over-delivers on value.
And the top pick is...
1. Honda Civic
MSRP: from $26,790
To put it mildly, the Civic is a staple in its class. For starters, it excels in fuel economy and tech. Its 158-horsepower engine provides robust performance, complemented by modern media options and unique safety features, like its Blind Spot Information (BSI) System and Rear Cross Traffic Monitor System—not to mention the plethora of various available upgrades. Until 2023 it was Canada's best-selling car for 24 straight years, which says a lot.
Ready to get in the driver's seat of a new vehicle? With LendCare's pre-approved auto financing, you can shop with confidence, knowing your budget beforehand. Learn more