Report: Best Cars for Recent College Graduates in 2020

If you've just graduated from college, you may be ready to get in the driver's seat in more ways than one. A recent report from car sales site Autotrader.com lists the best vehicles on the market right now for recent college graduates.

Autotrader’s 2020 list features several choices for young people looking for affordable options. They include new cars as well as used vehicles. 
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“If you just graduated from college there is still plenty to celebrate,” Brian Moody, executive editor for Autotrader, says in a news release. “Unfortunately, grads will be entering one of the toughest job markets in recent memory. Our advice is not to overdo it when it comes to getting a new car.”

Here Are the Best Cars for Recent College Graduates in 2020

Model Year(s)VehicleLowest Probable Price
2011-2015Chevrolet VoltAround $10,000
2012-2017FIAT 500Around $10,000
2015-2017 Ford MustangAround $20,000
2016-2018Honda CivicAround $20,000
2018-2019Hyundai KonaAround $20,000
2012-2017Jeep WranglerAround $20,000
2021Kia SeltosAround $30,000
2020Nissan SentraAround $20,000
2010-2015Toyota PriusAround $10,000
2020Toyota Yaris HatchbackAround $20,000

Clark’s Advice on When to Buy a Car

Money expert Clark Howard expects we'll see some great car deals over the next few months.

"May, June, early July, it's going to be a great time for people who are in the market for a vehicle whether it is new or used," he says.
One thing to remember is that the car-buying process has changed a bit in the wake of the coronavirus pandemic.
“No matter which car you choose, your local dealer will certainly be offering ‘social distancing’ services like virtual walkarounds, remote or online paperwork and, in some cases, test drives at home,” Moody says.

Want to learn more about buying a car? Here's how to Buy a Used Car in 7 Steps.

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