Vincentric Market Price: $8,317
Discount from MSRP: 30%
Why? Often a $10k car with a $12k pricetag
This common sight in rental fleets is discounted more than $2,500 off its MSRP, making it, currently, the least expensive car being sold in the U.S., based on Vincentric's market prices. In addition to its chronically low market prices, the Aveo carries an ALG Depreciation Rating of just one star, confirming that it's going to plunge in value on the used market.
By contrast, a base Nissan Versa 1.6 sedan stickers at just $9,990, but it certainly isn't overpriced. The market has decided it's worth every bit of it, as the base Versa is typically discounted just $150 or so. Critics contend that the Aveo has never been competitive with the Versa or other popular rivals like or the Honda Fit. However that might change with the introduction next year of an all-new, more sophisticated Aveo model.