Cheapest New Car 2021

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With a manufacturer’s suggested retail price of $13,400 the Chevrolet Spark is the cheapest car in 2021. A subcompact car, with the Chevrolet Spark you won’t have any difficulty squeezing into tight parking spaces or maneuvering narrow streets. The Chevrolet Spark also boasts 27.2 cubic feet of cargo space so there is plenty of room for any stuff you may need to haul. The Chevrolet Spark gets 30 miles per gallon in the city and 38 miles per gallon on the highway. The Chevrolet Spark comes in 10 colors, mystic blue, silver ice, summit white, mosaic black, cayenne orange, red hot, passion fruit, nightfall gray, toasted marshmallow and caribbean blue. The interior features color-coordinated accent stripes and handy storage hooks.

SmartFinancial knows how much it costs to insure a Spark and can give you the top competing car insurance quotes in your area for free.

Chevrolet Spark Technology

The Chevrolet Spark is compatible with both Apple CarPlay and Android Auto. There is a seven-inch diagonal color touchscreen for operating the car’s infotainment system, built-in 4G LTE Wi-Fi and dual USB ports so you can charge your devices as you drive.

Chevrolet Spark Safety

In case of a crash, the Chevrolet Spark is equipped with 10 standard airbags and a high-strength steel safety cage. Other safety features include automatic emergency braking, forward collision alert and lane departure warning.

The rear vision camera comes standard with the Chevrolet Spark. When in reverse at low speeds, this feature provides the driver with an image of the area directly behind the vehicle. Guidelines lap over the display image and assist in parking maneuvers by showing the vehicle’s path. Automatic emergency braking and forward collision alert are available but not standard on the Chevrolet Spark. Forward collision alert warns you when it detects a potential front-end collision with a vehicle you are following. There also is a tailgating alert if you are following a detected vehicle much too closely. With automatic emergency braking, camera technology is used to automatically provide hard emergency braking or enhance the driver’s hard braking.

Chevrolet Spark Dealer Incentives

The 2021 Chevrolet Spark comes with a $1,000 customer cash rebate or zero-percent financing for 72 months. If you don’t have good or excellent credit you won’t qualify for the discount financing deal and you will have to take the $1,000 rebate. Buyers with good or excellent credit are in the driver’s seat and can scoop up the zero-percent financing deal if they wish or they can take the cash offer. Both options are good and make the Chevrolet Spark even more affordable.

Pros and Cons of the Chevrolet Spark

The Chevrolet Spark is reliable, fuel-efficient and easy to maneuver and it comes with a very low base price. But there are downsides to the Chevrolet Spark. There are no power windows on the base model, the front seats aren’t as comfortable as they could be, the acceleration is only so-so and rear seats are small.

But if you can look past these limitations, you’ll find a very affordable car waiting for you.

Shopping for the Chevrolet Spark

Think a Chevrolet Spark may be right for you? Take a test drive. Check the car’s handling and acceleration for yourself. Are you comfortable in the driver’s seat? What about the rear seats? If you don’t plan on using them the small rear seats may not be an issue. And you can always fold them down for additional cargo space.

Compare Car Insurance Rates for The Chevy Spark

Check out the inventory of several Chevrolet dealers. Do they have the base model of the Chevrolet Spark that you are looking for? Do they have the base model in the color you want? Are you comfortable with a standard manual transmission? The cheapest models of the Chevrolet Spark are all manual transmission and you’ll have to pay more for an automatic transmission.

Dealing with Dealers

The Internet makes it easy to compare dealer inventories so be sure to shop around at a few different Chevrolet dealers. Make it clear you want the best deal you can get on a 2021 Chevrolet Spark and you are going to take your business to the dealer that delivers that deal.

Getting dealers to compete for your business is a good strategy for car shopping. So is shopping for your auto financing in advance. Your bank or credit union is a good place to start. You already have a banking relationship with them and they may be happy to offer you an auto loan. There are many online lenders that offer auto loans as well. So be sure to shop around. You want the dealer to beat the best financing deal you have landed on your own.

If you have excellent credit, you may wish to apply for the zero-percent financing offer for 72 months available at the dealership. Or you may decide you want the $1,000 in dealer cash.


When buying a car, there are three separate transactions, your trade-in, the price of the new car and the financing. Keep these transactions separate and negotiate the best deal that you can on each one. Car dealers like to roll them together. Don’t let them. Keep them separated and you’ll stay on track for landing the car deal that you want.

Your Budget

Before you jump into the fun of new car shopping, take a close look at your budget. How much of a monthly car payment can you afford? And how much do you have in your savings for a down payment? has an auto loan calculator that will help you crunch the numbers. You need the price of the car, loan term, interest rate, down payment and trade-in value and then you can begin estimating your monthly auto payment. You’ll want to go over the numbers on your own before you start speaking to dealers about prices on Chevrolet Sparks. It’s best to have everything organized in advance.

Car Insurance

Don’t forget car insurance. Comparison shopping is absolutely a must if you want the best prices. SmartFinancial can do the footwork for you. Start by entering your zip code below.

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