Lowest Price New Car 2017 A Comprehensive Guide

Finding the Cheapest New Cars of 2017

The year 2017 offered a range of new cars at various price points. This article explores the five cheapest new car models available that year, examining factors influencing their affordability, market trends, and consumer considerations. We’ll delve into the specifications, fuel efficiency, and long-term ownership costs to provide a comprehensive overview for potential buyers.

Affordable 2017 Models, Lowest price new car 2017

Several factors contributed to the affordability of these models, including efficient manufacturing processes, streamlined features, and strategic pricing by manufacturers.

Make	Model	MSRP (USD, approximate)	Notable Features
Mitsubishi	Mirage	13,000	Fuel-efficient engine, compact size, basic features.
Nissan	Versa	12,500	Spacious interior, good fuel economy, reliable engine.
Chevrolet	Spark	13,500	City-friendly size, nimble handling, available infotainment features.
Kia	Rio	14,000	Good value for money, decent fuel economy, available safety features.
Hyundai	Accent	15,000	Reliable engine, comfortable ride, standard safety features.

Engine specifications varied across models. The Mirage, for instance, typically featured a smaller, fuel-efficient three-cylinder engine, while the Versa often had a four-cylinder. Fuel efficiency (MPG) was a key selling point for these models, with many achieving over 30 MPG in combined city and highway driving. Exact figures varied based on engine and trim level.

Factors Determining Low Price Points

Several key factors contributed to the low price points of these 2017 models. These included the use of less expensive materials in the interior, simpler engine designs, and a reduced number of standard features compared to higher trim levels.

Comparing base models to higher trim levels reveals significant price differences. Adding features like advanced safety systems, larger wheels, upgraded infotainment systems, and more comfortable seating could increase the price by several thousand dollars.

Make & Model	Standard Safety Features
Mitsubishi Mirage	Anti-lock brakes (ABS), electronic stability control (ESC), multiple airbags.
Nissan Versa	ABS, ESC, multiple airbags, sometimes including a rearview camera.
Chevrolet Spark	ABS, ESC, multiple airbags, often including a rearview camera.
Kia Rio	ABS, ESC, multiple airbags, potentially including features like lane departure warning.
Hyundai Accent	ABS, ESC, multiple airbags, often including a rearview camera and potentially other driver-assistance features.

Market Trends and Availability in 2017

The automotive market in 2017 saw a continued focus on fuel efficiency and value-oriented vehicles. The increasing cost of fuel influenced consumer demand, making fuel-efficient, affordable models attractive. The relatively low price of these models made them popular choices for budget-conscious buyers.

• Limited production runs of some models may have impacted availability.
• Increased demand for used vehicles in recent years has reduced the supply of these models on the used car market.
• These models may not have been widely exported to all markets, resulting in limited availability in certain regions.
• The parts supply chain for these older models might present challenges.

Consumer Considerations: New vs. Used

Purchasing a low-priced 2017 model presents both advantages and disadvantages compared to buying a newer, more expensive car. While the initial purchase price is significantly lower, potential buyers should carefully consider the trade-offs.

Maintenance and repair costs for older vehicles can be higher due to increased wear and tear and potentially higher parts costs compared to newer vehicles. Depreciation will also impact resale value, although the initial low purchase price partially mitigates this effect. Insurance costs might also be slightly higher depending on the model and insurance provider.

Illustrative Examples: Cost Savings and Total Cost of Ownership

Choosing a low-priced 2017 model can result in significant cost savings over five years compared to a new car in the same vehicle class. This is particularly true when considering depreciation, a major cost factor for new vehicles.

Year	2017 Model (Estimate)	New Comparable Model (Estimate)
Year 1	$13,000	$20,000
Year 2	$10,000	$15,000
Year 3	$8,000	$12,000
Year 4	$6,000	$9,000
Year 5	$4,000	$7,000

A hypothetical scenario for a 2017 Mitsubishi Mirage, assuming a purchase price of $13,000, insurance of $1,000 annually, fuel costs of $1,500 annually, and annual maintenance of $500, results in a total cost of ownership over five years of approximately $25,000. This is a significant savings compared to a newer model with similar features.

Driving a 2017 Mitsubishi Mirage, for example, compared to a 2023 Honda Fit, highlights differences in technology and features. The newer Honda Fit would likely offer advanced safety features, improved fuel economy, and a more refined driving experience. However, the Mirage provides basic transportation at a much lower initial cost.

FAQ Explained: Lowest Price New Car 2017

Are parts for these 2017 models readily available?

Part availability varies by model and location. While some parts may be readily accessible, others could require more searching or longer lead times.

What about insurance costs for these lower-priced cars?

Insurance costs depend on various factors including your driving record, location, and the specific model. While generally lower than for luxury vehicles, it’s essential to obtain quotes from multiple insurers.

How does the resale value of a 2017 budget car compare to a newer car?

Depreciation is higher on lower-priced vehicles. Expect a steeper drop in resale value compared to more expensive cars, although the initial lower purchase price mitigates this somewhat.