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2015 Mitsubishi Mirage Named Most Affordable Vehicle by Cars.com

Companies mentioned in this article: Cars.com

CHICAGO, July 21, 2014 /PRNewswire/ -- Cars.com, the premier online resource for buying and selling new and used cars has named the 2014 Mitsubishi Mirage the most affordable vehicle car shoppers can buy. Cars.com editors considered cars of all types and sizes. Minimum requirements included power windows and door locks as well as Bluetooth capability and USB port(s). In addition to the cost of each car plus destination fee, editors calculated five-year gas cost for each contender to help shoppers understand the true cost of each vehicle beyond sticker price.

"Shoppers face legitimate sticker shock when shopping for a new car," said Joe Wiesenfelder, Cars.com's Executive Editor. "While advertisements often lead shoppers to believe that cars are quite affordable, the reality is that the price of entry for even a modestly equipped new car is well above what many shoppers expect. That's why we've devised a list of not just the most affordable cars for sale, but which cars are the most affordable to buy and own."

The top 10 most affordable cars to buy and own, according to Cars.com editors are:

    Model & Trim Level                  Price with Options + Destination         5-Year Fuel Cost        Total Cost
    ------------------                  --------------------------------         ----------------        ----------

    2015 Mitsubishi Mirage DE Automatic                                  $15,015                  $7,000            $22,015
    -----------------------------------                                  -------                  ------            -------

    2014 Scion iQ base                                                   $16,420                  $7,500            $23,920
    ------------------                                                   -------                  ------            -------

    2014 Chevrolet Spark 1LT Automatic                                   $15,820                  $8,250            $24,070
    ----------------------------------                                   -------                  ------            -------

    2014 Nissan Versa SV                                                 $16,340                  $8,000            $24,340
    --------------------                                                 -------                  ------            -------

    2015 Honda Fit LX w/ CVT                                             $17,115                  $7,750            $24,865
    ------------------------                                             -------                  ------            -------

    2014 Nissan Versa Note SV                                            $17,340                  $8,000            $25,340
    -------------------------                                            -------                  ------            -------

    2014 Toyota Prius c One                                              $19,890                  $5,500            $25,390
    -----------------------                                              -------                  ------            -------

    2014 Toyota Yaris LE 3 Door                                          $16,825                  $8,750            $25,575
    ---------------------------                                          -------                  ------            -------

    2014 Mazda Mazda2 Sport w/ auto                                      $16,630                  $9,250            $25,880
    -------------------------------                                      -------                  ------            -------

    2014 Ford Fiesta SE Sedan                                            $17,500                  $9,000            $26,500
    -------------------------                                            -------                  ------            -------

"When we considered the most affordable cars, it was important that we looked only at models equipped with basic but important options like an automatic transmission and power windows and locks," said Wiesenfelder. "More often than not, entry-level cars with the lowest sticker prices are equipped only with a manual transmission and little to no additional features. We wanted to help consumers who want an incredibly affordable car to find one that also includes the niceties that almost every shopper has come to expect."

Cars.com editors recently released their lists of the most affordable midsize sedans and compact SUV's for people shopping in those specific segments. For more information on the most affordable car list, visit blogs.cars.com. To read expert and car shopper reviews of all of these cars and more, visit www.cars.com/research.

ABOUT CARS.COM

Cars.com is an award-recognized online destination for car shoppers that offers information from experts and consumers to help buyers formulate opinions on what to buy, where to buy and how much to pay for a car. Cars.com offers thousands of new and used vehicle listings, expert and consumer reviews, side-by-side comparison and build and price tools, photo galleries, videos, unbiased editorial content and many other resources. As the 2013 "Highest Ranked Third-Party Automotive Mobile Site" by J.D. Power, Cars.com puts millions of car buyers in control of their shopping process with the information they need to make stress-free buying decisions. Launched in June 1998, Cars.com is a division of Classified Ventures LLC, which is owned by leading media companies, including A.H. Belo (NYSE: AHC), Gannett Co., Inc. (NYSE: GCI), The McClatchy Company (NYSE: MNI), Tribune Company (OTC: TRBAA) and The Washington Post Company (NYSE: WPO).

SOURCE Cars.com