There are two main factors that influence the level of interest of consumers towards purchasing automobiles today, and those factors did as well wind up the sales of automobiles for most companies this summer. These two factors are interest rates that have gone down some time ago, and the demand that has now been held back now. For those who are looking for a car for themselves or for their children that are in college now, there are several variants for them to consider.

The most of the cars that get into the list of options for college students are compact cars and sub-compacts, but these are not the simplest ones. Most of these vehicles do offer all the standard options that are needed for comfort driving, and advantageous gas mileage. Furthermore, most of these cars are offered at the price that will not influence a lot your paying for student loans.

Hyundai Accent

If you made a mistake of ignoring Hyundai car before, you now have a chance to correct it and make up for the lost comfort you get when purchasing one of the cars created by the company manufactures. The cheaper and thus the least expensive car of the line is the Accent model that went through the complete make-over in 2012, and now is selling at the price less than $15 000. Some may consider it is not that cheap, and it is surely not the cheapest ones among those we are offering you, but for this price you will get great audio system, air conditioner, and lots of other options you will surely like. Moreover, this car will definitely help you save the dime on gas, as long as it has low fuel consumption.

Ford Fiesta

In terms of Ford Fiesta you may choose either sedan or hatchback version, and the last one will cost you $1000 more than the classic sedan, which costs about $14 000 today. Both these models will be useful for students that are eager to feel safe at the wheel and still have a chance to communicate. Due to SYNC and SYNC APP features you or your child will be able to attach the mobile phone to hands-free calling system, and even have text messages read out loud.

All models are quite economic and nature-friendly, having about 29-39 miles per gallon of gas, but there are some models wasting more.

Honda Fit

For those who need storage capacity, Honda Fit will be a great purchase to consider. The only model offered in hatchback will cost you about $15 000 or a bit more. Having a long list of pleasant features like cruise control, air conditioner, power locks and many other options, Honda Fit has the 117 horsepower engine. The low power of engine helps in saving fuel a bit. The saving is not that huge as in other models of this type, but for most people it would be enough to feel safe and secure while driving. Basically, that would be 27-mpg city and 33-mpg highway with manual transmission, and 28-mpg city and 35-mpg highway with automatic transmission.

Nissan Versa

Nissan dealer center is the first place you should go to if you are looking for low cost car for college student. The basic sedan of Nissan Versa will cost you about $11 000, and this one includes air conditioning, ABS, track control and other bonuses. Hatchback version includes some more parameters that are not included into sedan, and the engine that is a bit more powerful. It will as well be more economic, having a maximum of 27-mpg city and 36-mpg highway, which is a bit less than the sedan model.

Chevy Cruze

The winner of the “Best Compact Car for the Money” category, Chevy Cruse in the basic package starts at the level of about $17 000. The model has all the options needed for your comfort, and these are air conditioning, power windows, radio and audio system. The fuel economy may vary depending on the model you choose, and basically it would be about 28-mpg in the city and 42-mpg on the highway. There are as well the sporty models offered with turbo-charged engine and eco package of 42-mpg.

The Bottom Line

In case you are looking for the cheap car for you or your college student, there are numerous options for you to consider. Among those that are not enumerated in the article, you may look closer to Honda Civic, Mazda2, Toyota Yaris и Kia Forte. Look through the compact and sub-compact categories and you will surely choose the best variant for you. You can spend even less money if you go for a used car. So if you’re looking for low prices it may be the best option for you. Good luck in your searches!