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:

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.

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?

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