The editors at Kelley Blue Book (http://www.kbb.com/), the leading provider of new - and used - vehicle information, have compiled a list of the top 10 cool and affordable new vehicles available today for less than $18,000. In addition to their sporty stylishness, many of these editor's picks are smaller vehicles that deliver excellent fuel economy, making these cars in this price range even more appealing with gas prices currently surging over $3.00 a gallon in many parts of the country. All but one of the winners on the list returns highway fuel economy of 30 mpg or better.
In choosing the elite 10 Coolest New Cars under $18,000, the editors thoroughly examined each vehicle through the subjective magnifying glass of what is cool, with an emphasis on its styling, performance and fun-to-drive factor. Additionally more objective criteria such as safety, fuel economy, environmental impact, interior size and comfort were taken into account.
The list of qualifying vehicles under $18,000 was put together using Kelley Blue Book's New Car Blue Book values, which reflect real-world transaction prices and provide a more useful comparison point than Manufacturer's Suggested Retail Price (MSRP).
"Each of the vehicles on this year's list is cool in its own way, but a common thread is versatility such as folding seats, clever cubbies and innovative storage solutions,. These are all vehicles the kbb.com editorial staff would be happy to live with," said Jack R. Nerad, executive editorial director and executive market analyst, Kelley Blue Book's kbb.com. "The $18,000 price point is a logical demarcation of affordability since it represents an average monthly payment of $300 to $350 over the course of a five-year loan."
All the vehicles on this list can be purchased for $18,000 or less, demonstrating that there are great alternatives for those who demand coolness but who don't want to spend a fortune on their ride. With three- and five-door cars accounting for half the vehicles named, it's now official: the hatchback is back
Top 10 Coolest New Cars Selling Under $18,000
Vehicle\MSRP\New Car Blue Book Value
2007 Chevrolet Silverado Classic - $17,015 - $16,590 (pictured)
2007 Ford Focus SES 2-door Hatchback - $16,180 - $15,937
2007 Honda Fit - $14,445 - $14,301
2007 Hyundai Tiburon - $17,295 - $17,157
2007 Jeep Patriot - $14,985 - $14,985
2007 Mazda 3 - $18,175 - $17,993
2007 Nissan Versa - $13,075 - $13,206
2007 Scion tC - $16,980 - $17,235
2007 Suzuki SX4 - $17,124 - $17,038
2007 Volkswagen Rabbit - $15,630 - $15,474
All vehicles are listed by their New Car Blue Book value. New Car Blue Book values represent transaction values, or what others are paying for this vehicle, during the week of April 9, 2007. New Car Blue Book values are updated weekly on kbb.com. Adding optional equipment at the time of purchase will increase the price of the vehicle
Via: PRNewswire Press Release