Top 10: these are the cheapest cars of 2024
Some models also cheaper
Not all cars in the A segment have become more expensive. Some models have actually become cheaper. The Citroën C3, for example, which is about 500 euros cheaper compared to 2023. A notable price drop comes in the name of the Fiat 500. The popular Italian model was supposed to cost at least 19,290 euros in 2023, but in 2024 the Dutch importer will settle for 17,790 euros. A difference of 1,500 euros.
Substantially more expensive
A strong riser in price is the Mitsubishi Space Star. In 2023 this model had a price tag of 15,990 euros, good for the title “Cheapest passenger car of 2023,” but anno 2024 you will pay a minimum of 17,490 euros for this compact five-door hatchback. You do get an 8-year warranty with Mitsubishi these days. Another strong riser in price: the Kia Picanto. The model was to cost at least 16,495 euros in 2023, but as of Jan. 1, 2024, that has become 18,945 euros. That’s a difference of 2,450 euros.
BPM
Of great influence on the consumer recommended price is the BPM rate, based on CO2 emissions. Pulling in the 2023 winner – the Mitsubishi Space Star – you paid a BPM penalty of 3,239 euros for that model in 2023, but as of Jan. 1, 2024, those amounts have risen to 3,927 euros. An increase of 688 euros, purely in CO2 taxes. For the Kia Picanto, you will pay a hefty 3,426 euros in BPM in 2024.
Top 10: cheapest cars of 2024
Model | Price in 2024 | Price in 2023 |
10: Suzuki Ignis | 21,645 euros | 19,995 euros |
9: Suzuki Swift | 21,495 euros | 19,995 euros |
8: Toyota Aygo X | 20,495 euros | 18,595 euros |
7: Citroën C3 | 19,460 euros | 19,990 euros |
6: Kia Picanto | 18,945 euros | 16,495 euros |
5: Fiat Panda | 18,640 euros | 18,450 euros |
4: Hyundai i10 | 17,995 euros | 16,595 euros |
3: Fiat 500 | 17,790 euros | 19,290 euros |
2: Mitsubishi Space Star | 17,490 euros | 15,990 euros |
1: Dacia Sandero | 17,200 euros | 16,700 euros |
Important to know
So where is the Volkswagen Up? The Up is no longer being built and is only available from stock. With a starting price of 21,750 euros, the all-electric Dacia Spring Electric has to just lose out to the number ten in the list: the Suzuki Ignis. Speaking of that Suzuki, the Ignis, like the Swift, has also risen sharply in price. In 2023, you paid a minimum of 19,995 euros for both models. Now that’s over 21 grand. Another small note in this list: the prices of the Kia Picanto and Hyundai i10 are for the four-seat versions. Do you want at least five seats? Then you will pay for the Picanto a sum of 19,645 euros and for the i10 even 21,495 euros.
Future BPM and prices
Prices of new passenger cars with conventional powertrains are expected to continue to rise in the near future. One of the reasons is the fact that the government will increase the passenger car tax (bpm) by about 200 euros from January 1, 2025. Bpm is the tax a buyer pays when buying a new car or importing a car from abroad. “With this measure, the government is making it more attractive to buy a used electric car. This is because it makes the purchase of new and imported passenger cars more expensive. The proceeds of this measure will go to a subsidy scheme for the purchase of used electric passenger cars. Depending on inflation between now and 2025, the government will still adjust the amount,” said the government’s official statement.
Fixed part BPM passenger cars
The fixed part of the BPM was exactly 400 euros in 2023, but it increased to 440 euros on January 1, 2024. As of Jan. 1, 2025, it will be about 600 euros.