Cheap New Cars Under $20,000
Buy a brand new hatchback, sedan priced below 20K. Estimate auto loan payments based on credit score.
Payments for Vehicles Priced Less Than 20K
Click the + Customize Payments button to tailor your new car auto loan payments to your exact preferences. Our estimated payments assume great credit, $0 down, and encompass state taxes, as well as typical DMV and dealer document fees. The Sticker Price accounts for the MSRP and Destination Charge. Make it uniquely yours by adjusting factors such as your state of residence, credit score, down payment, and trade-in value versus trade payoff. Get started now!
National
781-850 / 7.09%
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Will a vehicle under $20,000 fit within your budget? Our calculator will estimate monthly payments, and how much negative equity a bank will finance, on vehicles priced below 20K based on your credit score, trade value, and trade pay off. If the new loan exceeds the maximum monthly payment, or amount of negative equity the bank will accept, the recommended down payment for lender approval is displayed. Use our car affordability calculator to determine the new car price you can afford.
