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Best in class: Sedans under $20,000

The cars in this category get better and better every year, making it ever more difficult to single out just three as Bankrate's top picks. The surprise for 2005 is that there are two brands here that just two years ago probably wouldn't have made the cut.

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Mazda 3

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Mazda3: In terms of all-around bang for the buck, this replacement for the well-regarded Protégé moves Mazda ever closer to its desire to be thought of as the BMW of Japan -- but without the BMW price premium. The Mazda3 is available in two body styles -- a four-door sedan and a four-door hatchback, with the latter being the sportier style. The base four-cylinder engine produces 150 horsepower, while a 170-horsepower four is optional. The base engine has more than enough power, and linked to the five-speed manual transmission (a four-speed automatic is optional), makes for a peppy drive. Interior space is generous for this class and in the hatchback model there's a maximum 19.8 cubic feet of cargo capacity. List prices start at about $14,000 for the sedan, but that doesn't include air conditioning, which is an $850 option. Front- and rear-side curtain airbags are also on the option list, as is a wide range of luxury add-ons. Nonetheless, a very well-equipped Mazda3 can be bought for less than $18,000.

Honda Civic

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Honda Civic: Still the quality and reliability leader in this category, there are few changes to the Civic for 2005 -- not that many were needed. Shop for the LX sedan with side airbags, and expect to pay about $16,000. If you're inclined to go for the eco-friendly Civic Hybrid, which uses a gas engine in concert with an electric motor to deliver as much as 50 miles per gallon, expect to pay about $21,000, plus a dealer premium in some parts of the country because hybrids are in demand.
Chevrolet Cobalt

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Chevrolet Cobalt: It looks like Chevrolet may have finally gotten the formula right for building an affordable compact sedan. Although the Cobalt replaces the unloved Cavalier in the lineup, there are few carryover parts. The Cobalt is based on the same platform as the Saturn Ion, which is known for its solid feel. The Cobalt, available as a sedan or coupe, looks and feels like a car costing a few grand more than the approximately $14,000 base sticker. Opt for the LT version at about $16,500, and it comes with anti-lock brakes, keyless remote entry, a CD player, power windows and door locks. Side curtain airbags add another $395.

-- Posted: Feb. 15, 2005

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