Best Affordable Cars 2024: Safe, Reliable, and Budget-Friendly Choices

Choosing a car involves numerous considerations, but for budget-conscious buyers, especially those prioritizing safety and reliability, the task can be particularly nuanced. As we navigate 2024, the quest for the best affordable cars becomes paramount. Safety and dependability don’t have to break the bank. This guide, drawing upon research from leading safety and consumer organizations, highlights top picks for affordable vehicles in 2024, ensuring peace of mind without compromising on quality or safety.

Top Used Cars: Affordable Safety and Reliability

For many, the used car market offers the most accessible path to affordability. However, navigating this market requires careful consideration of safety and reliability. Fortunately, resources like the Insurance Institute for Highway Safety (IIHS) and Consumer Reports (CR) have collaborated to identify used vehicles that excel in both areas. These recommendations are categorized into “Best Choices” and “Good Choices,” providing a tiered approach to finding a budget-friendly and safe used car.

Best Choices — Used

These vehicles represent the pinnacle of affordable used car safety and reliability. Each model listed meets stringent criteria, including a weight exceeding 2,750 pounds and achieving “good” ratings in key IIHS crash tests: moderate overlap front, original side, roof strength, and head restraint. They also secure at least an “acceptable” rating in the driver-side small overlap test. For models rated by the National Highway Traffic Safety Administration (NHTSA), a 4 or 5-star overall safety rating is expected. Furthermore, “Best Choice” vehicles boast standard automatic emergency braking systems with an “advanced” or “superior” rating from IIHS in vehicle-to-vehicle front crash prevention.

Reliability is equally important. “Best Choice” selections have earned above-average reliability scores from Consumer Reports (4 or 5 out of 5) for most listed model years, coupled with CR emergency handling scores of 3 out of 5 or higher. Braking performance is also a factor, with dry braking distances from 60 mph to zero at 145 feet or less.

Pricing data, sourced from Kelley Blue Book (KBB) as of April 19, 2024, reflects average U.S. values for private party purchases in good condition with typical mileage.

Small cars Model years Price
Toyota Corolla Sedan or Hatchback Sedan — 2017 or newer; hatchback — 2019 $10,600
Toyota Prius 2017 or newer $13,800
Mazda 3 Sedan or Hatchback 2021-22 $16,400
Toyota Prius Prime 2017 or newer $17,000
Honda Civic Sedan or Hatchback 2021 or newer $17,600
Midsize cars Model years Price
Toyota Camry 2018 or newer $9,600
Volvo S60 2017, 2021 $10,200
Volvo V60 2017,2021 $12,300
Subaru Legacy 2019 $14,700
Hyundai Sonata 2021 $17,200
Honda Accord Sedan 2020 $19,200
Large car Model years Price
Toyota Avalon 2017 or newer $14,400
Small SUVs Model years Price
Chevrolet Equinox 2020, 2023 $13,800
Kia Sportage 2020 or newer $14,400
Toyota RAV4 2017 or newer $14,700
Hyundai Tucson 2020 or newer $14,900
GMC Terrain 2020, 2023 $16,100
Mazda CX-5 2021-23 $17,600
Lexus UX 2019-21 $18,100
Honda CR-V 2020 or newer $18,700
Nissan Rogue 2021 $19,000
Subaru Forester 2021 or newer $19,000
Mazda CX-30 2022 or newer $19,900
Midsize SUVs Model years Price
Volvo XC60 2017 $12,100
Hyundai Santa Fe 2019, 2020, 2023 $15,200
Toyota Highlander 2017 or newer $15,700
Nissan Murano 2019, 2020 $15,900
Ford Edge 2020 or newer $16,700
Lexus NX 2018-21 $17,100
Infiniti QX60 2019 $17,800
Mazda CX-9 2020, 2022 $18,800
Minivan Model years Price
Toyota Sienna 2018-20 $19,100

Good Choices — Used

“Good Choices” represent another tier of affordable used vehicles that still prioritize safety and reliability, often at a lower price point than “Best Choices.” These vehicles meet the same baseline safety criteria as “Best Choices,” including curb weight, IIHS crash test ratings, and NHTSA ratings where applicable. They also share the same standards for Consumer Reports reliability and handling scores, as well as braking distances.

The “Good Choices” list expands the range of affordable options, encompassing older models or those with slightly different safety technology specifications compared to the “Best Choices.” Some models in this category include “built after” dates, indicating mid-year manufacturing improvements that enhance safety. Checking the vehicle’s certification label, typically located on the driver’s door, can confirm the manufacturing date.

Small cars Model years Price
Mazda 3 Sedan or Hatchback 2014-17; built after October 2013 $5,800
Ford C-Max Hybrid 2015-16 $7,100
Honda Civic Sedan 2014 $7,900
Toyota Prius 2014-16; built after November 2013 $9,400
Subaru Impreza Sedan and Wagon 2019-20 $13,200
Midsize cars Model years Price
Mazda 6 2015-17 $8,400
Toyota Camry 2014-17; built after December 2013 $9,000
Toyota Prius v 2015-17 $10,200
Honda Accord Coupe or Sedan 2015-17 $10,500
Subaru Legacy 2017-18 $11,600
BMW 3 series 2018 $13,800
Large car Model years Price
Toyota Avalon 2015-16 $12,600
Small SUVs Model years Price
Mazda CX-5 2016 $10,100
Hyundai Kona 2018-19 $11,000
Honda CR-V 2015-19 $11,400
Chevrolet Equinox 2018-19 $11,600
Honda HR-V 2017-22; built after March 2017 $11,600
Toyota RAV4 2015-16; built after November 2014 $12,000
GMC Terrain 2018-19 $12,700
Midsize SUVs Model years Price
Nissan Murano 2016 $9,900
Toyota Highlander 2014-16 $11,700
Lexus NX 2015-17 $12,100
Acura RDX 2016 $13,500
Mazda CX-9 2018 $14,200
Minivans Model years Price
Toyota Sienna 2016-17 $12,600
Honda Odyssey 2017 $14,400

Affordable New Cars: 2024 Models with Top Safety Ratings

While used cars offer compelling value, some buyers prefer the assurance of a new vehicle. For those seeking the best affordable new cars in 2024, safety and reliability remain crucial. This list features vehicles that have earned the IIHS Top Safety Pick or Top Safety Pick+ award for 2024 and come standard with vehicle-to-vehicle automatic emergency braking.

Beyond safety accolades, these new car recommendations also meet Consumer Reports’ standards for reliability (average or better), emergency handling (average or better), and braking performance (less than 140 feet from 60 mph). Furthermore, they receive a “good” or better rating from CR for ease of use of controls, ensuring a user-friendly driving experience.

Prices listed are Kelley Blue Book New Car Fair Purchase Prices as of April 19, 2024, for the base trim level.

Small cars Price
Subaru Impreza $23,400
Mazda 3 Sedan or Hatchback $24,300
Toyota Prius $28,300
Toyota Prius Prime $33,600
Midsize cars Price
Toyota Camry $26,900
Honda Accord $28,200
Subaru Outback $29,300
Hyundai Ioniq 6 (except dual-motor) $37,700
Small SUVs Price
Mazda CX-30 $25,700
Kia Sportage $27,300
Hyundai Tucson $27,800
Honda CR-V $29,700
Mazda CX-50 (built after August 2023) $31,200
Lexus UX $35,300
Midsize SUVs Price
Subaru Ascent $35,000
Kia Telluride $36,300
Hyundai Palisade $37,000
Honda Pilot $37,200
Mazda CX-90 $38,800
Lexus NX $39,600
Minivan Price
Honda Odyssey $38,200
Pickup Price
Hyundai Santa Cruz $27,500

Important Reminder: Check for Recalls

Regardless of whether you choose a used or new vehicle, always verify for outstanding recalls before making a purchase. Utilize the vehicle identification number (VIN) or license plate at https://checktoprotect.org/ to check for recalls. For used vehicles, ensure you notify the manufacturer of your purchase to receive future recall notices. NHTSA also recommends checking their database every six months for any new recalls affecting your vehicle.

By prioritizing safety and reliability alongside affordability, buyers can make informed decisions when choosing their next car in 2024. This guide provides a starting point for finding vehicles that meet these critical criteria, offering peace of mind and value for your money.

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