Last Updated on November 29, 2024
The Best New Cars Under $40K: A Comprehensive Guide
Car shopping? There is no need to break the bank to find some of the best new cars under $40K. The automotive industry is evolving rapidly, with new technologies and designs emerging daily. Should you go electric (EV), stick to the internal combustion engine (ICE), or try a hybrid? Are sedans still relevant, or is it all about SUVs? Today, we’ll help answer those questions and guide you in selecting your next vehicle.
We compiled a list of the 10 best new cars under $40k, including sedans, SUVs, hybrids, and even a sports car. You’ll find it here if you are looking for performance, comfort, practicality, or usability. Plus, we’ve deliberately highlighted vehicles with impressive standard and optional features.
Toyota Camry XSE
Price: Starting at $35,000
OEM Tires: Bridgestone Turanza EL400
Specifications:
The Toyota Camry XSE is known for its reliability and efficiency. Its 2.5-litre four-cylinder engine produces 203 horsepower. Standard features include an 8-inch touchscreen, Apple CarPlay, Android Auto, and a suite of driver-assistance technologies.
The XSE trim enhances the Camry’s appeal with sportier styling, firmer suspension, and 19-inch alloy wheels—the interior features leather-trimmed seats, a panoramic sunroof, and a nine-speaker audio system.
Honda Accord Sport
Price: Starting at $33,000
OEM Tires: Goodyear Eagle Touring
Specifications:
The Honda Accord Sport offers comfort, performance, and efficiency. It is powered by a 1.5-liter turbocharged four-cylinder engine producing 192 horsepower. Key features include a 12.3-inch touchscreen, wireless Apple CarPlay, and Android Auto.
The Sport trim includes a sport-tuned suspension, 19-inch alloy wheels, and paddle shifters for a more engaging driving experience. The spacious cabin has premium cloth seats and a leather-wrapped steering wheel.
Mazda CX-5 Carbon Edition
Price: Starting at $38,500
OEM Tires: Yokohama Geolandar G91A
Specifications:
The Mazda CX-5 Carbon Edition stands out in the compact SUV segment with its sleek design and engaging driving dynamics. It is equipped with a 2.5-liter turbocharged engine that generates 227 horsepower. Features include a 10.25-inch infotainment display, Apple CarPlay, and Android Auto.
The Carbon Edition adds a distinctive Polymetal Gray exterior, 19-inch black alloy wheels, and red leather-trimmed seats. The interior is further enhanced with heated front seats and a Bose 10-speaker audio system.
Subaru Outback Limited
Price: Starting at $37,000
OEM Tires: Yokohama AVID GT
Specifications:
The Subaru Outback Limited is a versatile wagon with standard all-wheel drive and impressive off-road capability. It features a 2.5-litre four-cylinder engine delivering 182 horsepower. The Outback has an 11.6-inch touchscreen, Apple CarPlay, Android Auto, and Subaru’s EyeSight driver-assist technology.
The Limited trim adds leather upholstery, heated front and rear seats, and a hands-free power liftgate. Its spacious cabin and large cargo area make it an ideal choice for families and outdoor enthusiasts.
Kia K5 GT-Line
Price: Starting at $31,500
OEM Tires: Pirelli P Zero All Season
Specifications:
The Kia K5 GT-Line is a stylish and sporty sedan. It is powered by a 1.6-liter turbocharged four-cylinder engine producing 180 horsepower. Standard features include a 10.25-inch touchscreen, wireless Apple CarPlay, and Android Auto.
The GT-Line trim features a sport-tuned suspension, 18-inch alloy wheels, and a flat-bottom steering wheel. The interior boasts a panoramic sunroof, synthetic leather seats, and a six-speaker audio system.
Hyundai Tucson Limited
Price: Starting at $39,751
OEM Tires: Kumho Crugen HP71
Specifications:
The Hyundai Tucson Limited is a compact SUV with a modern design and advanced technology. Its 2.5-litre four-cylinder engine produces 187 horsepower. Key features include a 10.25-inch touchscreen, wireless Apple CarPlay, and Android Auto.
The Limited trim offers a luxurious interior with leather seats, a heated steering wheel, and an eight-speaker Bose audio system. Safety features include blind-spot monitoring, rear cross-traffic alert, and adaptive cruise control.
Ford Mustang EcoBoost Premium
Price: Starting at $38,000
OEM Tires: Continental ProContact RX
Specifications:
The Ford Mustang EcoBoost Premium delivers thrilling performance in an iconic package. It is powered by a 2.3-liter turbocharged four-cylinder engine generating 310 horsepower. The Mustang features a 12-inch digital instrument cluster, SYNC 4 infotainment system, and Apple CarPlay and Android Auto compatibility.
The EcoBoost Premium trim includes a leather-trimmed interior, heated and cooled front seats, and a nine-speaker audio system. The Mustang’s dynamic handling and striking design make it a standout choice.
Volkswagen Golf GTI SE
Price: Starting at $37,000
OEM Tires: Pirelli P Zero
Specifications:
The Volkswagen Golf GTI SE is a hot hatch known for its blend of practicality and performance. It features a 2.0-liter turbocharged four-cylinder engine producing 241 horsepower. Standard features include a 10-inch touchscreen, Apple CarPlay, and Android Auto.
The SE trim adds leather upholstery, a panoramic sunroof, and a Fender premium audio system. The Golf GTI’s agile handling and responsive steering make it a joy to drive.
Chevrolet Blazer 2LT
Price: Starting at $39,000
OEM Tires: Continental CrossContact LX Sport
Specifications:
The Chevrolet Blazer 2LT is a midsize SUV with a bold design and a comfortable interior. It is equipped with a 2.0-litre turbocharged four-cylinder engine, delivering 228 horsepower. Key features include an 8-inch touchscreen, wireless Apple CarPlay, and Android Auto.
The 2LT trim adds leatherette seats, a power liftgate, and heated front seats. The Blazer offers a smooth ride and a spacious cabin, making it an excellent choice for families.
Nissan Altima SR
Price: Starting at $30,500
OEM Tires: Bridgestone Turanza EL440
Specifications:
The Nissan Altima SR is a midsize sedan with a sporty edge. It features a 2.5-liter four-cylinder engine producing 188 horsepower. Standard features include an 8-inch touchscreen, Apple CarPlay, and Android Auto.
The SR trim adds a sport-tuned suspension, 19-inch alloy wheels, and a leather-wrapped steering wheel. The Altima’s comfortable ride and advanced safety features make it a compelling option.
Conclusion
Whatever you are looking for in a new car, you can find it here. We set the $40k cap because it’s close to the average new vehicle price in the U.S., which is $48k as of 2024. This means you can find a great deal for this kind of money that meets your needs. From economy models to sports cars, $40k in 2024 is still a significant amount that can put you behind the wheel of amazing new cars – all while staying within a reasonable budget.
