For the frugal (yet personality driven) soul, the most inexpensive ride possible is of the essence. While cheap used cars offer a good value because depreciation has already taken affect, these are just not an option for those who want that all-important new car feeling of ownership, style and reliability. Today's most affordable cheap new cars continue to provide good value, high-tech design, fuel savings and a zippy drive.
The 2008 Chevy Aveo 5 is touted as the lowest-priced car in America. It gets good gas mileage, is roomy and has a 100k/5-year powertrain warranty. The Aveo also scored five stars in frontal crash tests.