11 Best New Cars Costing Under $20,000

4) Honda Fit

U.S. News ranked Honda Fit (also marketed as the Jazz) as number one on their list of best subcompact cars. Some of the reasons they gave for that ranking include the Fit’s amazing amount of cargo space and stellar fuel efficiency. The Fit also has a comfortable interior that’s surprisingly spacious for a subcompact car. The Fit has a powerful 1.5-liter 4-cylinder engine with 130 horsepower, and it comes with either 6-speed manual transmission or continuously variable transmission (CVT). The car is nimble on the road, making it fun and easy to drive. On the dashboard, you’ll find Bluetooth capabilities, a 160-watt sound system with a USB port, and a rearview camera. The Fit also includes Honda’s Magic Seats: seats that you can easily flatten down into the floor to get loads more cargo space. With a base price starting at $16,090 for the LX Manual to $18,000 for the EX, you’ll certainly get a great ride for a reasonable price.

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