Used car prices have been trending downward in recent months. So, if you've been waiting to shop for a vehicle, now may be a good time to buy one.
If you're in the market for a hatchback, we have some good news: There are plenty of used-car options under $20,000 that can get you on the road at a price that helps you get ahead financially.
Check out the following 14 affordable hatchbacks.
Get instant access to hundreds of discounts
Over 50? Join AARP today— because if you’re not a member you could be missing out on huge perks like discounts on travel, dining, and even prescriptions.
Get 25% off membership — just $15 for your first year with auto-renewal — and a free gift if you join today.
BMW i3
Electric vehicles can be expensive. However, the BMW i3 is an affordable EV that can get you more than 100 miles of range.
Be aware that EV battery life decreases over time, which could be a factor depending on how old a used model is.
Honda Fit
The Honda Fit is a reliable hatchback that tends to retain its value. That can be important if you don't plan on holding the car for long before reselling it.
The Fit was named the top hatchback for resale value and the top subcompact car for resale value by iSeeCars.
Fiat 500
Check out the Fiat 500 if you want a stylish and compact hatchback.
The Fiat 500's small design makes it easy to park in urban areas while still offering enough storage space in the back for groceries or short road trips.
Resolve $10,000 or more of your debt
National Debt Relief could help you resolve your credit card debt with an affordable plan that works for you. Just tell them your situation, then find out your debt relief options.1 <p>Clients who complete the program and settle all debts typically save around 45% before fees or 20% including fees over 24–48 months, based on enrolled debts. Not all debts are eligible, and results vary as not all clients complete the program due to factors like insufficient savings. We do not guarantee specific debt reductions or timelines, nor do we assume debt, make payments to creditors, or offer legal, tax, bankruptcy, or credit repair services. Consult a tax professional or attorney as needed. Services are not available in all states. Participation may adversely affect your credit rating or score. Nonpayment of debt may result in increased finance and other charges, collection efforts, or litigation. Read all program materials before enrolling. National Debt Relief’s fees are based on a percentage of enrolled debt. All communications may be recorded or monitored for quality assurance. In certain states, additional disclosures and licensing apply. © 2009–2025 National Debt Relief LLC. National Debt Relief (NMLS #1250950, CA CFL Lic. No. 60DBO-70443) is located at 180 Maiden Lane, 28th Floor, New York, NY 10038. All rights reserved. <b><a href="https://www.nationaldebtrelief.com/licenses/">Click here</a></b> for additional state-specific disclosures and licensing information.</p>
Sign up for a free debt assessment here.
Volkswagen Golf
The Volkswagen Golf is a German-engineered hatchback that is sure to give you reliability at a reasonable price.
However, the Insurance Institute for Highway Safety (IIHS) has knocked the Golf in the past for having poor headlights. That might be something to consider if you plan on driving much at night in the car.
Mitsubishi Mirage
The Mitsubishi Mirage is a great gas sipper. The 2022 hatchback model gets an estimated 39 combined miles per gallon on the highway and in the city.
The Mirage is also one of the few cars on the market today with a manufacturer's suggested retail price (MSRP) that starts under $20,000 for a new model.
Chevrolet Cruze
The Chevrolet Cruze is a hatchback that has more of a sedan feel and design.
It also has a smooth ride and gets good gas mileage on the highway — the 2019 version gets 38 miles per gallon — if you need something that you can take on long drives.
Hyundai Veloster
The Hyundai Veloster has the great cargo space that hatchbacks are known for.
The Veloster also has some nice styling that may be appealing if you prefer sleek, eye-catching models.
Ford Focus
Ford has stopped making new models of the Focus, but there are still plenty on the used-car market that might be appealing.
The Focus is also customizable. Plenty of aftermarket options are available to make your Focus reflect your style.
Mini Cooper
The Mini Cooper has unique styling that sets it apart from other vehicles on the road.
The Cooper — which ranks high for subcompact horsepower — has both a two-door and four-door version.
Earn $200 cash rewards bonus with this incredible card
The Wells Fargo Active Cash® Card(Rates and fees) has no annual fee and you can earn $200 cash rewards bonus after spending $500 in purchases in the first 3 months.
Cardholders can also earn unlimited 2% cash rewards on purchases.
The best part? There's no annual fee.
Honda Civic
The Honda Civic comes in both a sedan and hatchback version, so you can have your pick of Civic models.
Pay attention to the model years if you're looking for a safe hatchback. The IIHS gave the 2020 and 2021 models Top Safety Pick status, and the 2022 model earned Top Safety Pick Plus honors.
Chevrolet Bolt
The Chevrolet Bolt is a good option if you're looking for a used electric vehicle at an affordable price.
The 2017 Bolt gets 238 miles of range on a charge, making this an excellent choice for drivers who want an EV with a longer range.
Volkswagen Beetle
Hatchbacks are known for having a bit more headroom than sedans, particularly for passengers in the backseat.
The Volkswagen Beetle particularly excels in this area, making it a good choice for taller drivers and riders who find typical hatchbacks and sedans a bit confining.
Mazda Mazda3
Mazda's Mazda3 will turn heads with sporty styling, making it more interesting than typical hatchbacks.
The Mazda3 also was named a Top Safety Pick Plus by the IIHS for its 2020, 2021, and 2022 models.
Toyota Yaris
Consider the Toyota Yaris if you're looking for a vehicle that will retain its value.
Toyota's reputation for reliability keeps the Yaris near the top of the list when it comes to resale value for hatchbacks.
A great way to make the Yaris — or any other car on this list — more affordable is to save money on car insurance by comparison shopping and finding the best deal.
Bottom line
Hatchbacks can be a good option if you're looking for an affordable used car that helps you keep more money in your wallet.
Check out the models on this list if you want a highly-rated car under $20,000.
- 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
Subscribe Today
Unlock the Best Banking Deals and Bonuses
From high-yield savings accounts to cashback checking and sign-up bonuses, we bring you the best banking offers to grow your money smarter.