Balancing the costs of car ownership can be a headache. But what if you could save money on fuel without sacrificing style or performance?
These affordable options, priced under $40,000, offer impressive fuel economy to help you avoid wasting money at the pump.
If you’re over 50, take advantage of massive travel discounts and trip-planning resources
Over 50 and love traveling? Join AARP today — because if you’re not a member, you could be missing out on huge travel perks. When you start your membership today, you can get discounts on hotels and resorts, airfare, cruises, car rentals, and more.
How to become a member today:
- Go here, select your free gift, and click “Join Today”
- Create your account (important!) by answering a few simple questions
- Start enjoying your discounts and perks!
An AARP membership not only unlocks discounts that could save you hundreds on your next trip, but you’ll also have access to deals on vacation packages, guided tours, and exclusive content to help plan your next getaway.
Important: Start your membership by creating an account here and filling in all of the information (do not skip this step!). Doing so will allow you to take up to 25% off your AARP membership, making it just $15 the first year with auto-renewal.
Toyota Camry
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MSRP: $28,400
The Toyota Camry is a popular option for buyers, making it one of the top 10 bestselling vehicles with its stylish design and affordable price.
The car also gets around 50 combined mpg, with some variations depending on the model you get or whether you're driving in the city or highway.
Ford Escape
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MSRP: $28,150
The Ford Escape is a good option if you need an SUV but don't want the gas-guzzling that sometimes comes from SUV models. Instead, the Escape gets around 42 mpg in the city and 36 on the highways to save you cash.
Honda Civic
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MSRP: $24,250
Another popular option is the Honda Civic Sedan, which gets around 42 mpg on the highway and 32 miles in the city.
The Civic also comes with a hybrid engine option. You have to pay more upfront with a price tag of $28,750, but you could cover that increase with 47 mpg highway and a whopping 50 mpg city.
Earn a $250 travel bonus with this incredible card
There's a credit card that's making waves with its amazing bonus and benefits. The Bank of America® Travel Rewards credit card has no annual fee and you can earn 25,000 bonus points after spending $1,000 in purchases in the first 90 days of account opening.
You can earn additional points just by using this card for your everyday purchases — unlimited 3 points per $1 spent on travel purchases booked through the Bank of America Travel Center and 1.5 points per $1 spent on all purchases. The 25,000 bonus points can be redeemed for a $250 statement credit toward travel or dining purchases.
If you want to travel and dine out more, the Travel Rewards card can help you get where you want to go.
The best part? There's no annual fee.
Mini Cooper S
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MSRP: $28,950
The stylish Mini Cooper has a uniquely British-inspired design that is sure to turn heads, and its compact size is sure to help your wallet.
The Mini Cooper S two-door gets around 32 mpg for under $30,000, easily putting it below your $40,000 budget.
Hyundai Elantra
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MSRP: $21,875
Another option if you're on a tight budget is the Hyundai Elantra, which has a low sticker price and gas mileage to match. The sleek Elantra gets around a combined 35 mpg, but that level can vary depending on which type of Elantra you get.
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Nissan Versa
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MSRP: $17,190
The Nissan Versa will take good care of your budget if you don't have much to spend on a new car with its low price. You can save some extra cash with 32 mpg in the city and an additional 40 mpg on highways.
Kia Forte
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MSRP: $19,990
You don't have to compromise on safety when sticking with a tight budget and high fuel mileage. The Kia Forte features auto emergency braking as standard to go along with its 41 combined mpg.
Toyota Prius Prime
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MSRP: $32,975
The Toyota Prius was one of the first widely available hybrid vehicles, and it continues to be a leader on the scene with its innovative design.
The newer Toyota Prius Prime is a plug-in hybrid vehicle with more power from its batteries that delivers up to 52 combined mpg.
Volkswagen Jetta
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MSRP: $21,995
The Volkswagen Jetta has a compact design and a compact price to match if you're looking for something that's easy to park and easy on your wallet.
The Jetta also gets an estimated 29 mpg in the city and 39 mpg on highways to stretch your gas budget.
Get a protection plan on all your appliances
Did you know if your air conditioner stops working, your homeowner’s insurance won’t cover it? Same with plumbing, electrical issues, appliances, and more.
Whether or not you’re a new homeowner, a home warranty from Choice Home Warranty could pick up the slack where insurance falls short and protect you against surprise expenses. If a covered system in your home breaks, you can call their hotline 24/7 to get it repaired.
For a limited time, you can get your first month free with a Single Payment home warranty plan.
Lexus UX Hybrid
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MSRP: $37,515
You might be surprised that you can afford a Lexus with a budget under $40,000, but the Lexus UX Hybrid falls under that limit and can get you great mileage, too.
The UX gets an estimated 45 mpg city and 41 mpg highway for a combined 43 mpg average.
Mitsubishi Mirage
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MSRP: $16,695
The Mitsubishi Mirage is a great option if you're on a tight budget and want something sporty to get around town. The Mirage's small stature also helps it sip gas, with around 36 mpg in the city and 43 mpg on the highway.
Bottom line
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The benefits of driving a fuel-efficient vehicle extend beyond the pump. By choosing a fuel-efficient car, you'll enjoy lower fuel costs, reduced maintenance expenses, and a smaller environmental impact.
To find the perfect vehicle for you, take the time to research different models, compare prices, and find the best car insurance coverage.
- You could save up to $600 with some companies
- Compare dozens of providers in under 5 minutes
- Fast, free and easy way to shop for insurance
- Quickly find the perfect rate for you
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