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#5 is the Toyota Camry, which is cheap. #12 is also cheap, as is #13, #16, #18, etc. I consider cheap to be under $30K. This is calculated by looking at the me
by endisneigh 4y ago
#5 is the Toyota Camry, which is cheap. #12 is also cheap, as is #13, #16, #18, etc. I consider cheap to be under $30K.
This is calculated by looking at the median car sale price for new cars and taking the beginning of the 2nd quartile. Or to put it another way, cheap is when about 75% of cars are more expensive.
The Versa, Mirage and Spark would be firmly in the "cheapest" category, where 95% of cars are more expensive. Of course, they are also in the "cheap" category, but a car doesn't need to cost that little to be considered cheap (for a brand new car).
- nebula8804 4y agoThe Toyota Camry is not in the same boat as the Spark. I guess we need to clarify. You examples are talking about bottom of the barrel cheap (9K-16K in 2023). The Camry is cheap but at 26K base it is not in the same segment as the cars you describe.