The Last New Car Under $20K: Americans' Limited Choices

The Mitsubishi Mirage is now the only new vehicle available in the US with an average sale price under $20,000, as prices of new and used cars have soared since the pandemic. With Americans increasingly preferring SUVs and trucks over small cars, the Mirage remains an affordable option, selling for an average of $19,205 last month. However, the Mirage may not be available in the next few years, as Mitsubishi is reportedly planning to stop selling it by mid-decade.