How do the three cheapest cars for sale compare? – Los Angeles Times
With an average sales price of about $32,000, we know a new car is out of reach for many. The automakers know this too, which is why they continue to roll out bottom-rung cars for buyers on way-below-average budgets.
The three least expensive cars on the market are the Nissan Versa at $12,800, the Chevrolet Spark at $12,995 and the Mitsubishi Mirage at $13,790. Prices are for the most basic cars with no options but do include destination charges.
In that lowly range, their chief competition is a reliable used car — say, a 3-year-old Honda Civic or Mazda3, with low miles. But some buyers get more peace of mind from buying new. These are the cars for people who want nothing more than the cheapest possible transportation, who view driving as a chore. They would take the train if they could.
These are the cars, in other words, for people who don’t like cars.
There’s no shortage of these consumers in this post-recession age, buyers who increasingly prize frugality and efficiency over performance or amenities.
Mitsubishi brought out its Mirage late last year and it has sold at a decent clip, well over 1,000 vehicles a month. Meanwhile, the Chevy Spark sold more than 34,000 copies in 2013, while the Nissan Versa sedan and Note hatchback sold a total of 117,000 cars in the same year.
But cheapness doesn’t necessarily equate to good value, as we found out in a week of testing these three budget-mobiles. Here’s how they stacked up, from worst to first.
Engines are getting smaller and smaller. This is good thing. And a wave of new three-cylinder motors is showing just how good automakers have gotten at wringing more power and refinement out of tiny engines.
But the three-cylinder in the Mirage is neither refined nor powerful.
When you hear this thing coming down the street, you expect to see an aging dump truck rather than a shiny new hatchback. It’s that loud, and it sounds like something is about to break. Inside, the motor vibrates the floorboard and pedals, giving the driver the sensation of a foot massage.
Previously, we have driven the European version of the Volkswagen Up — with its slow but smooth three cylinder — and the Ford Fiesta equipped with a sprightly turbo-charged three. Both are more refined than the 74-horsepower engine Mitsubishi packed into this econobox.
The CVT transmission, a $1,000 option, is the better of the two transmissions (the base offering is a five-speed manual). But the automatic still has its issues, and it acts more like early examples of CVTs, producing an irritating hum as the clattering engine wanders through the rev range.
The Mirage is not without its merits. It came nicely equipped for the low sticker price, including climate control, power windows and locks, keyless entry, power side mirrors, floor mats and a USB port. The styling is functional, if uninspired.
But the car has another problem — Mitsubishi itself. The struggling brand has only a tiny slice of the U.S. auto market. It doesn’t have the support of a large dealer network, and its cars typically lose value at a faster rate than other brands. This car will take a huge hit in its value the minute it leaves a dealer lot.
Healthy early sales show that the Mirage does have some appeal. But this could be the type of car that does well during its first year because it’s new, and then drops off as buyers get wise.
The Versa is the bestselling car in this group as well as the lowest priced vehicle in the U.S. auto market. And though the base model brings new meaning to the term “stripped,” it’s a better value than the Mirage.