You can save big money by buying used cars, but the process can be a bit confusing. You want to get the best car you can at the best price you can, but what’s the best price? How do you know the car you’re buying is in good shape? How long has it been on the road? And what about safety and reliability?
The TrueCar website is a marketplace for buying and selling pre-owned cars, where consumers can post their cars for sale and buyers can see available cars. The site pulls data from TrueCar’s in-house database of more than 42 million vehicles, which includes information like “fuel efficiency, owner history, and safety scores”.
Buying a new car can be an expensive proposition. Many new cars require you to pay up to $40,000. The good news is that you don’t have to spend $40,000 when you buy a car. Even better news: TrueCar recently released its rankings of the best new cars under $40,000. Let’s go see what it is.
The 2022 Honda Insight is one of the best new cars under $40,000
2022 Honda Insight | Honda The 2022 Honda Insight isn’t just one of the best new cars under $40,000, according to TrueCar. It’s also a surprisingly fuel-efficient new car, designed to get the most out of every gallon of fuel you give it. This year’s model is powered by a 1.5-liter four-cylinder engine and an electric motor that the EPA says will reach 100 mph in the city and 100 mph on the highway. According to the EPA, the Insight saves drivers $4,000 in fuel costs over a five-year period compared to the average new car. And how much is the 2022 Honda Insight really worth? If you opt for the base model, you can expect to pay $25,210 for this new affordable hybrid. With the Touring Premium package, the Insight costs about $29,240. But what if you don’t want to spend that much? According to TrueCar, the 2022 Honda Insight comes with a full suite of standard features, including remote engine start, Honda Sensing, and an 8-inch touchscreen compatible with Apple CarPlay and Android Auto.
The 2021 Honda Accord is the favorite of new car buyers
The 2022 Honda Insight isn’t the only new Honda product on TrueCar’s list. In fact, the 2021 Honda Accord was among the best new cars under $40,000. That shouldn’t be too much of a surprise. The Honda Accord has long been one of the favorites in its segment. And for good reason. The Accord has a starting price of $24,970, and this year’s most expensive Accord costs about $36,900. But when it comes to the Honda Accord’s most popular trim level? TrueCar recommends paying attention to the Honda Accord EX-L. This trim level costs $31,290 and comes with features like wireless Android Auto and Apple CarPlay integration, wireless phone charging, blind spot monitoring, leather seats, power sunroof, and more.
The 2021 Toyota Prius Prime is a fuel-efficient new car under $40,000
Like the Honda Insight 2022, the Toyota Prius Prime 2021 is a new fuel-efficient car. It’s also one of the best new cars under $40,000. It is equipped with a 1.8-liter four-cylinder engine, an electric motor, a battery and a stepless automatic transmission. This year’s model also offers an EPA-estimated fuel economy of 54 mpg combined for city and highway and 133 mpg combined for city and highway. The 2021 Toyota Prius Prime can also travel up to 40 miles on electricity alone, according to TrueCar. The Toyota Prius Prime is available in three configurations, with the XLE being the most popular. The price for this particular version starts at $30,000. It also contains many interesting features. Get behind the wheel of this new fuel-efficient car and enjoy premium interior features like heated front seats with SofTex upholstery, Qi wireless smartphone charging and an 11.6-inch touchscreen with premium navigation.
The 2021 Hyundai Ioniq is affordable and surprisingly fuel-efficient
2021 Hyundai Ioniq EV | Hyundai The 2021 Hyundai Ioniq was also in the top new car list under $40,000. The Ioniq starts at $23,400 this year and is an attractive option for buyers who drive a lot, according to TrueCar. Not only is it available with hybrid, plug-in or electric powertrains, but it also comes with a wide range of standard features, including push-button start, dual automatic climate control and an 8-inch touchscreen with Android Auto and Apple CarPlay. When it comes to the most popular trim level of the Hyundai Ioniq? TrueCar reports that the EV Limited is the favorite of new car buyers. The price starts at $38,815 and the range is up to 170 miles. This year’s new Ioniq Limited also comes standard with leather seats, a Harmon Kardon premium audio system and a 10.25-inch touchscreen with navigation.
Hyundai Sonata 2021 best new car under $40,000
Finally, the 2021 Hyundai Sonata is the best new car under $40,000, according to TrueCar. Its low entry price and best-in-class warranty increase the value of this mid-size family sedan, while its luxurious design, handling and spacious interior make it attractive to regular drivers, according to TrueCar. You’re not wrong either. Pricing for this year’s model starts at $23,950. If you opt for the Limited version, you will have to spend around $33,950 for this affordable new car. No matter which trim level you choose, this year’s Hyundai Sonata comes standard with three years or 36,000 miles of free maintenance, which is hard to beat when buying a new car.
Which new car is the best option for you and your budget?
When it comes to the best new cars under $40,000, TrueCar has pointed out a few options to look out for. But when it comes to choosing the best option for you and your budget? This requires a test drive. RELATED: The 6 most improved new cars and SUVs of 2021 according to U.S. News
Frequently Asked Questions
What is the best car to buy for 40K?
Buying a car is a big decision, and it’s not always easy to know what to do. Buying a car for under $40,000 can be hard, but it’s not always the best idea, either. It’s essential to keep in mind that there are many factors to consider when buying a car. Alright, so you’ve got a new vehicle purchase coming up and you’re ready to get started on the right track. However, before you hit that next to-do list, there’s something you need to know. According to TrueCar, the best cars for under $40,000 are…
What is the best luxury car under 40K?
With gasoline prices continuing to climb in the US, the cost of fuel is a financial burden many families are struggling under. And while the economy may be in overall good shape, especially in the West Coast, the most dramatic gas price increases have been occurring in the Midwest and Eastern states, where demand for gas is among the largest. If you’re not the sporty type, but still want to take home a new car for less than $40,000, you can choose from a variety of vehicles, including sedans, coupes, crossovers, and SUVs.
What is the best car for $35000?
You may think of a car as an investment, or at least a major purchase. Especially if you’re an enthusiast, you may have dreamed of owning a car that is vastly more powerful, more comfortable, or much more stylish than the average vehicle. But those dreams of luxury cars—especially those that cost upwards of $100,000—can turn into nightmares. The Mazda CX-9 is the best new car under $40,000 according to TrueCar, which is the largest automotive marketplace in the USA. TrueCar has used a proprietary algorithm to rank the CX-9 the top of its class in every category: safety, features, comfort, refinement, and value.
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