Days of New Autos Under $20,000 Come to an End: KBB

New vehicle prices in the United States dipped in January from the record level reached in December.
Days of New Autos Under $20,000 Come to an End: KBB
The Mitsubishi Mirage G4 sedan, in this file photo. Courtesy of Mitsubishi
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Value-conscious automobile shoppers likely won’t find any new vehicles for less than $20,000, because every automaker selling cars in the United States has ceased production of cars priced under that threshold.

According to Kelley Blue Book (KBB), Nissan and Mitsubishi Motors both halted production of their least-expensive vehicles. Mitsubishi ended production of the Mirage in 2024, though the company still had the model in inventory. The last unit was recently sold, KBB parent Cox Automotive reported on Feb. 10.

Rob Sabo
Rob Sabo
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Rob Sabo has worked as a business journalist for nearly two decades and covers a broad range of business topics for The Epoch Times.