5 New Cars Under $12,000

If you want to get cash for giving up your clunker but you’re not sure you can afford to buy a new car, then we’ve got some information that might make you think twice. We spotted a few models on LotPro.com for which the $4,500 Cash For Clunkers incentive amounts to more than a third of the sticker price. Take a look:

 

 

1.  2009 Smart fortwo Coupe

List Price: $11,990

Price After Cash for Clunkers Rebate: $7,490

Transmission: push-button switch from automatic to manual

Combined Gas Mileage: 36 miles per gallon

Horsepower: 70 horsepower

The 2009 Smart (Stock Quote: DAI) fortwo Coupe may only have a “radio-ready console,” but this little jellybean of a car has a top speed of 90 miles per hour, and they’re so tiny that two can fit horizontally in one average parking space.

But let’s face it: If you’re reading this, you’re likely more concerned with fuel economy and price, and the Smart fortwo Coupe ranked as the most fuel efficient, all gas-powered vehicle by fueleconomy.gov.

Smart fortwo Coupe

If you want to get cash for giving up your clunker but you’re not sure you can afford to buy a new car, then we’ve got some information that might make you think twice. We spotted a few models on LotPro.com for which the $4,500 Cash For Clunkers incentive amounts to more than a third of the sticker price. Take a look:

 

 

2. 2009 Hyundai Accent

List Price: $9,970

Price After $4,500 Cash for Clunkers Rebate: $5,470

Transmission: Five-speed manual

Combined Gas Mileage: 29 mpg

Horsepower: 110 hp

For $9,970, you can get a bare-bones 2009 Hyundai Accent.  But if you can spend a little more – a total of $11,070 – and go beyond the base model and buy an Accent through the end of August, you can get a whole year’s worth of gas for $1.50 a gallon.

2009 Hyundai Accent

If you want to get cash for giving up your clunker but you’re not sure you can afford to buy a new car, then we’ve got some information that might make you think twice. We spotted a few models on LotPro.com for which the $4,500 Cash For Clunkers incentive amounts to more than a third of the sticker price. Take a look:

 

 

3. 2009 Nissan Versa Sedan

List Price: $9,990

Price After $4,500 Cash for Clunkers Rebate: $5,490

Transmission: Five-speed manual

Combined Gas Mileage: 28 mpg

Horsepower: 107 hp

This version of the Versa (Stock Quote: NSANY) isn’t the hatchback from the television show Heroes.  But it is incredibly cheap and it’s an Ultra Low Emission Vehicle. The ULEV designation means that it’s 50% cleaner than the average new model year car.
2009 Nissan Versa Sedan

If you want to get cash for giving up your clunker but you’re not sure you can afford to buy a new car, then we’ve got some information that might make you think twice. We spotted a few models on LotPro.com for which the $4,500 Cash For Clunkers incentive amounts to more than a third of the sticker price. Take a look:

 

 

4. 2009 Kia Rio

List Price: $11,495

Price After $4,500 Cash for Clunkers Rebate: $6,995

Transmission: Five-speed manual

Combined Gas Mileage: 30 mpg

Horsepower: 110 hp

“As Kia's smallest car, the 2009 Rio boasts the brand's smallest price, making it one of the least expensive new cars you can buy in the United States," according to Edmunds.com.  “If a rock-bottom price for basic transportation with a great warranty is your primary concern, the base Kia Rio is hard to beat. But others are more fuel efficient,” the car experts add.

2009 Kia Rio

If you want to get cash for giving up your clunker but you’re not sure you can afford to buy a new car, then we’ve got some information that might make you think twice. We spotted a few models on LotPro.com for which the $4,500 Cash For Clunkers incentive amounts to more than a third of the sticker price. Take a look:

 

 

5. 2009 Chevrolet Aveo

List Price: $11,965

Price After $4,500 Cash for Clunkers Rebate: $7,465

Transmission: Five-speed manual

Combined Gas Mileage: 28 mpg

Horsepower: 106 hp

OnStar service comes standard on the $11,965 Chevy (Stock Quote: GM) Aveo, a four-door hatchback. That includes its Safe & Sound which includes automatic crash response, stolen vehicle assistance, remote door unlocking, emergency services and roadside assistance.

2009 Chevrolet Aveo

 

Related Stories:

Cash for Clunkers: What Cars Qualify

Lease or Buy?: What to Do After You Trade In Your Clunker

Are Green Cars Worth the Gas Savings?

—For the best rates on loans, bank accounts and credit cards, enter your ZIP code at BankingMyWay.com.

Show Comments

Back to Top