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Best Deals on New Cars Under $20,000 for July 2021

best car deals under $20,000

best car deals under $20,000There 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 2021. 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 July 2021.

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
2021HyundaiVenue$1,500 8/2/2021
2021KiaForte$1,500 8/2/2021
2022KiaSoul$1,000 8/2/2021
2021FordEcoSport$1,000 8/2/2021
2021HyundaiElantra$1,500 8/2/2021

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
2021MitsubishiMirage0.00%48 months$5008/2/2021
2021HyundaiVenue0.90%60 months8/2/2021
2021KiaForte0.00%60 months8/2/2021
2021NissanKicks0.90%36 months8/2/2021

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
2021HyundaiElantra$159/month for 36 months, $2,899 due at signing8/2/2021
2021MitsubishiMirage$179/month for 36 months, $3,378 due at signing8/2/2021
2021KiaForte$159/month for 36 months, $2,599 due at signing8/2/2021
2021SubaruImpreza$199/month for 36 months, $1,999 due at signing8/2/2021
2021HyundaiVenue$149/month for 36 months, $2,399 due at signing8/2/2021

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.