Top 10 Cheapest New Cars You Can Buy

2. Kia Rio Sedan: $12,295

While the Rio 5-door is all new for 2012, the sedan has yet to be released. That said, with the older 2011 model still on dealership lots its price of $12,295 slightly undercuts the new Accent to make it the second cheapest car you can buy. But with outdated styling, a less fuel efficient engine and cramped quarters inside… why would you?