10 least expensive 2007 cars

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Call it new wheels for $15,000 or less.

Of the 10 least expensive models released, 9 can be had for less than $15,000, according to sales figures from J.D. Power and Associates.  Vehicles on the list are also among the smallest on the road — most are compacts or subcompacts. 

Here are the 10 least expensive models of 2007, along with the average purchase price for each — what the customer pays walking out the door, rather than the price on the window.

10 least expensive 2007 cars
1. Chevrolet Aveo 6. Toyota Yaris
2. Hyundai Accent 7. Ford Focus
3. Suzuki Reno 8. Suzuki Aerio
4. Kia Rio 9. Mazda B-Series
5. Chevrolet Cobalt 10. Suzuki Forenza


4-door sedan and 5-door hatchback (Rio 5)

27 city/32 highway

4-cylinder/1.6 liter/100 hp

5-year/60,000 basic — 10-year, 100,000 drive train

Standard Equipment:
Tachometer, variable intermittent wipers, front and rear head airbags.

Safety Data:
“Acceptable” in front impacts, “poor” in side impacts (with front and rear head curtain airbags and front seat-mounted torso airbags), and “poor” in rear impacts.
4. Kia Rio

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Mileage estimates provided by the federal Environmental Protection Agency (EPA)
Safety data from the Insurance Institute for Highway Safety (IIHS)

The prices might be higher than you think after “the customer ends up with the vehicle equipped the way they like and finishes negotiating with the dealer,” says Tom Libby, a senior director of industry analysis for J.D. Power. “These are the prices the customer actually pays.”

Even with upgrades these models cost $13,000 to $15,000. But even among the most affordable cars and trucks “standard equipment” varies widely. It pays to read the fine print to discover whether the base model includes your favorite convenience features, extra niceties or even air conditioning. And while many of these models can be equipped with safety features like anti-lock brakes and several types of airbags, you may have to pay extra. This also goes for features like automatic transmission.

Written by
Dana Dratch
Personal Finance Writer
Dana Dratch is a personal finance and lifestyle writer who enjoys talking all things money and credit. With a degree in English and writing, she likes asking the questions everyone would ask if they could and sharing the answers — along with smart money management tips from the experts.