20 Best New Cars under $20,000

4. Fiat 500 Turbo
Starting price: $19,700

The Fiat 500 turbo is one of the sportiest new cars that is available on the market for under $20,000 new. The auto is powered by a turbo 1.4 liter Multitier in-line engine that is rated at a 150 lb-ft of torque. The 500 Turbo features a sport-tuned suspension and is overall nice to drive when compared to equivalently priced autos. The overall fuel efficiency rating for the vehicle is above average with a 34 MPG (highway) average; however, the interior of the auto provides below average space when compared to equivalent cars of the same price. Overall, the 500 Turbo is rated above class average when all factors are taken into account for the automobile.