Best Deals on New Cars Under $20,000 for September 2022

Best Deals Under 20KThere are plenty of new models available from popular manufacturers like Nissan, Hyundai, and Kia for under $20,000.

A lot of entry-level cars that fall under 20K have standard safety features that you would expect from a new vehicle in 2022. In addition to the low cost, manufacturers consistently offer finance, cash back, and lease deals every month.

Below we feature some of the best deals available right now on cars that are under $20,000.

Best Cash Back Deals on Cars Under $20,000 Right Nowbest cashback deals

Customers can end up paying significantly lower than $20K on a new vehicle by taking advantage of cash back incentives offered by the manufacturer.

Manufacturers publish new cash back deals each month and these are our top picks for September 2022.

Tip: To truly get a good deal, you’ll want to get prices from several dealerships. (click the orange button above and Get Prices).

YearMakeModelCash Incentives (up to)Expiration
2022HyundaiVenue$50010/3/2022
2022HyundaiElantra$50010/3/2022

Best Finance Deals on Cars Under $20,000 Right Nowbest finance deals

With good credit, buyers can finance for as low as 0% APR for 60 to 72 months. A few of the finance deals each month have additional cash back incentives attached.

YearMakeModelBest Avail. APRLengthCash BonusExpiration
2022HyundaiElantra2.79%60 months10/3/2022
2022NissanVersa1.90%36 months10/3/2022
2022HyundaiVenue3.49%60 months10/3/2022
2022SubaruImpreza2.90%N/A months9/30/2022
2022NissanKicks1.90%36 months10/3/2022

Best Lease Deals on Cars Under $20,000 Right Nowbest lease deals

With this month's lease deals, drivers can save even more on monthly payments or pay a lower down payment. Monthly payments rarely exceed $200 a month and the down payment is around $2,000 for entry-level cars.

YearMakeModelLease OffersExpiration
2022HyundaiElantra$189/month for 36 months, $3,199 due at signing10/3/2022
2022SubaruImpreza$225/month for 36 months, $2,625 due at signing9/30/2022
2022HyundaiVenue$169/month for 36 months, $3,199 due at signing10/3/2022




These offers may vary based on location, credit score, and financing terms and are not guaranteed. So use my free service to Check Discount Car Prices to get the best prices that include current manufacturer offers and incentives.