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Top 10 new cars for penny pincher

What are the cheapest new cars to purchase and drive? editors calculated sticker price and destination fees plus eight-year fuel cost to compile a Top 10 list. "There's a certain crowd of shoppers who only care about getting the cheapest car to get them from one place to another," said Joe Wiesenfelder,'s executive editor. "They want something new with a warranty, and, of course, because they are cost-conscious, they want something efficient. These are the folks we've created this list for. While we don't necessarily praise these cars for their overall quality, one thing is certain, they get high marks for cost-savings."

Ranking Brand Model MPG combined Starting price Fuel cost Total cost
1 m Mitsubishi Mirage 37 $13,790 $10,703 $24,493
2 Chevrolet Spark 34 $12,995 $11,647 $24,642
3 Nissan Versa sedan 35 $13,800 $11,314 $25,114
4 Smart fortwo 36 $14,020 $12,167 $26,187
5 Scion iQ 37 $16,420 $10,703 $27,123
6 Toyota Yaris 33 $16,050 $12,000 $28,050
7 Ford Fiesta 31 $14,925 $12,774 $27,699
8 Kia Rio 31 $14,700 $12,774 $27,474
9 Hyundai Accent 31 $15,455 $12,774 $28,229
10 Nissan Sentra 34 $17,600 $11,647 $29,247

Top 10 new cars for penny pincher 03/17/14 [Last modified: Wednesday, March 19, 2014 12:30pm]
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