20 Best New Cars under $20,000

3. Mitsubishi Outlander Sport
Starting price: $19,795

The Mitsubishi Outlander Sport is one of the best new cars priced under $20,000, and it is one of the few SUVs that one can find on the market for this price. The latest model of the Outlander Sport features a full redesign that is similar to a hatchback, and it is powered by a 2.0 liter four cylinder engine rated at 148 horsepower coupled to a five speed manual transmission. The auto is extremely spacious; however, to cut costs does not feature an expensive interior to the vehicle. Overall storage space is limited when compared to full size SUVs, but the auto delivers significantly more storage space than sedans pried for the same amount of money.