Best Compact Cars Of 2020
In the past, compact cars had lost their popularity due to the growing number of mid and large-size cars. Today, these cars have made a huge comeback after getting a much-needed upgrade. They’re now loaded with new technologies, security, safety features, and other modern amenities. It’s no surprise that these vehicles are becoming a go-to option for small families.
These luxurious minicars are perfectly designed for every owner. They offer better handling and fuel efficiency because of its lightweight. Read on to learn more about the best-selling compact cars of 2020.
Top 8 Compact Cars
Here are the top eight compact cars based on model competence, fuel efficiency, reliability, fun-to-drive features, and affordability. The list will help you make a more informed decision on your next vehicle purchase.
Hyundai Elantra
One of the top rankers, Hyundai Elantra, was introduced to the market in 2020. With several positive qualities, Elantra is perfect for a comfortable drive with excellent fuel economy.
- Amazing predictable reliability ratings
- Various advanced tech features
- Comfortable interiors with standardized exteriors
Hyundai Elantra is available in an MSRP ranging from $19,300 to $24,150.
Hyundai Veloster
With its accessible infotainment system, Hyundai Veloster is among the best mid-sized compact cars launched in 2020.
- Instinctive technology
- Spacious cargo room
- Wide range of safety and technological features
The Hyundai Veloster can be owned by paying an MSRP of around $18,900 to $28,450.
Volkswagen Golf
The Volkswagen Golf is among the best of 2020, with its combination of advanced cabins, airy cabin areas, and lively handling.
- Upgraded interiors
- First e-Golf generation models
- Plenty of trunk space
- Quick DC charger with standardized SE trim
The Volkswagen Golf can be purchased by paying an affordable MSRP of $23,195 to $23,995.
Kia Forte
Redesigned to meet the requirements of a compact car, Kia Forte is among the most appealing sedans in the 2020 market. This model belongs to the third generation of Forte cars introduced in 2019.
- Lavish warranty coverage
- Easy-to-use tech interface
- Stout fuel economy estimates
- Spacious seats and cozy interiors
The Kia Forte is available in a reasonably priced package of MSRP $17,890 to $23,090.
Mazda 3
This vehicle has one of the most lavish hatch-backed designs for Sedans. The Mazda 3 is a fourth-generation vehicle launched in 2019. The car is in high demand for its striking looks and safety measures.
- Unconventional dual front airbags
- Premium interior designed in durable materials
- Outstanding audio and instrumental features
The MSRP of the Mazda 3 ranges from around $21,500 to $28,900 according to the engine selected.
Honda Civic
The Honda Civic is one of the best family cars. It ranks in the top in terms of style, quality, performance, and other trimming features.
- Shocking balancing features for athleticism and luxury
- Turbocharged engine adding to the performance
- Latest safety measures and tech
The Honda Civic is available with an MSRP of $19,850 to $28,950 depending on the engine and features you select.
Volkswagen GTI
Well-rounded for sporty performance, the Volkswagen GTI is the original and archetypal compact car launched in 2020.
- Enjoyable ride
- Upgraded and expansive interiors
- Fun handling and sophisticated suspension
Depending on the features and other specs you select, Volkswagen GTI can be obtained by paying an MSRP $28,595 to $37,295.
Honda Fit
An all-rounder in terms of subcompact cars, Honda Fit comes with an attractive cabin and open interiors. It’s equipped with an array of up-to-date driver assistance features.
- Rear-seat configurations for exceptional cargo space
- Extensive features for safety and infotainment
- Best interiors and exteriors
This fifth-generation design from Honda can be purchased at an MSRP of $16,190 to $20,620.
How to Finance Your Next Car Purchase
Financing a car isn’t an investment. Since they depreciate fast, it’s highly advisable to look for compact car loans that offer the lowest rates and flexible terms. Collect quotes from multiple lenders, be it private, online, banks, or credit unions.
Try getting a preapproval as it can help you negotiate better deals. You should also review your credit score. A good credit score helps you get low-interest rates. Additionally, avoid purchasing add-ons from dealerships. You’ll also need to consider the fees and processing charges on the loan.
To get the right loan, you can easily review the plans, eligibility criteria, and interest rates of various lenders. Compare these using sites such as Capital One, Consumer Credit Union, and Lending Club.
Bottom Line
There are many pros to driving a compact car. Most of the models are fuel-efficient and eco friendly. Moreover, it’s easier to park and drive, especially if you live in a city. Some models even have great resale value. Review the above list to find a vehicle that meets your requirements.
