It’s easy to be overwhelmed when shopping for a new car, with an array of different options and features to consider on hundreds of different makes and models. However, if you’re thinking that you simply won’t find something worthwhile if you’re on a budget, you might be wrong.
A recent our team study uncovered a number of options for new cars that can be yours for less than $300 a month, depending on your credit.
Mitsubishi Outlander Sport
- Starting MSRP: $20,395
- Down payment: $4,079
- Monthly car payment for excellent credit: $297
The Mitsubishi Outlander Sport has five seats, a 10-year/100,000 miles powertrain limited warranty in addition to safety features like forward collision mitigation, lane departure warning and auto high beam headlights.
It does only get 25 mpg combined, though, so consider what your potential fuel costs might be before taking out a car loan.
Mazda CX-3 Sport
- Starting MSRP: $20,110
- Down payment: $4,022
- Monthly car payment for excellent credit: $293
Mazda’s 2018 edition of the CX-3 Sport features a 146-hp SKYACTIV engine, a 6-speed automatic transmission, auto-off halogen headlights and the MAZDA CONNECT Infotainment System. The car also gets a combined 31 mpg in fuel economy.