5 Best Fuel Efficient Cars Under $30K

In this article, we discuss the 5 best fuel-efficient cars under $30K. To read the detailed analysis of the automotive industry, go directly to the 15 Best Fuel Efficient Cars Under $30K.

5. Toyota Corolla

Miles Per Gallon: 35 Mpg

Starting MSRP: $22,050

Toyota Corolla is the crown jewel of Toyota Motor Corporation (NYSE:TM), as it has been the best-selling vehicle in the world for a long time. The complete numbers have not been posted yet, but it is expected that Tesla, Inc. (NASDAQ:TSLA) might have dethroned the Toyota Corolla as the best-selling vehicle in the world. Nevertheless, it remains to be the best-selling ICE vehicle in the world.

All of Toyota Corolla’s ICE trims come with a 2.0L engine that produces 169 horsepower and 151-lb.-ft. of torque and have a price tag of under $30K.

4. Nissan Versa

Miles Per Gallon: 35 Mpg

Starting MSRP: $17,530

The Nissan Versa is a subcompact car that has a 122-hp four-cylinder engine. On average, the car has a fuel economy of 32 mpg in a city and 40 mpg on a highway.

Between January and December 2023, sales of Nissan Versa were exponentially high, as 24,807 units were sold, compared to 13,396 units sold between January and December 2022.

3. Honda Civic

Miles Per Gallon: 36

Starting MSRP: $23,950

Honda Motor Co., Ltd. (NYSE:HMC) started producing the Honda Civic back in 1972, and the sale of its eleventh-generation version began in 2021. The compact car has a starting MSRP of $23,950. 

The Honda Civic 4-cylinder, 1.5L automatic version travels 36 miles per gallon of fuel, bringing it to number 3 on our list of best fuel-efficient cars under $30K.

2. Hyundai Elantra

Miles Per Gallon: 36 mpg

Starting MSRP: $21,475

Hyundai Elantra comes in three trims, SE, SEL, and Limited. The base trim, SE, has a combined fuel economy of 36 mpg, making it the second-best cheap fuel-efficient car on our list. Hyundai Elantra comes with a 2.0L 4-cylinder engine that produces around 147 horsepower.

1. Mitsubishi Mirage

Miles Per Gallon: 39

Starting MSRP: $16,695

Mitsubishi Mirage is the product of Japanese car manufacturer Mitsubishi Motors Corporation. The Mitsubishi Mirage 3-cylinder, 1.2 L automatic version travels 39 miles per gallon of fuel, which makes it the best fuel-efficient car under $30K. With a starting MSRP of $16,695, it is also the cheapest car on our list.

Moreover, Mitsubishi Motors also has an integrated care program that offers 2-year/30,000-mile limited maintenance, 10-year/100,000-mile powertrain limited warranty, and 5-year/unlimited-mile roadside assistance.

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