Only nine major car brands averaged sale prices under $40,000 in the United States in August 2026, as overall average new car prices topped $50,000 and car shoppers are feeling the pinch.
Consumers paid an average of $50,089 for new cars in August 2026, according to Cox Automotive's Kelley Blue Book. The average August price for new cars was up 0.5% from July's average of $49,855, and it was also a 2.2% increase over August 2025's average, according to the group.
Cox also said automakers' average manufacturer's suggested retail price (also known as the sticker price) was $51,852, which the group said was 0.4% higher than the average sticker price of $51,621 in July 2026.
Erin Keating, an executive analyst for Cox Automotive, said in a statement
that her group's data shows Americans are adjusting to stubbornly high average new car prices by moving toward more affordable segments, but even that can only save them so much.
"We expected transaction prices to move back above the $50,000 mark in 2026, as new-vehicle prices typically increase through the year and especially in the second half, when next-model-year vehicles begin arriving at dealerships," she said. "New-vehicle price inflation is real, but automotive price increases have been moderate in recent years and remain below the long-term average of roughly 3%."
Keating added: "At the same time, many American households are under significant financial pressure, which is steering more shoppers toward lower price points. The continued strong growth of subcompact SUVs highlights how important affordability remains in today's market."
With that in mind, the USA TODAY Cars team took a look at the nine auto brands that had average sale prices in August below $40,000, and their best-selling models.
1. Mitsubishi
Average August transaction price: $35,661
Percentage change from July: +4.8%
Best-selling U.S. car: Mitsubishi Outlander
2. Mazda

Average August transaction price: $36,824
Percentage change from July: -1.4%
Best-selling U.S. car: Mazda CX-5
3. Buick
Average August transaction price: $36,901
Percentage change from July: 0.0%
Best-selling U.S. car: Buick Envista
4. Nissan
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Average August transaction price: $37,343
Percentage change from July: +0.7%
Best-selling U.S. car: Nissan Rogue
5. Subaru

Average August transaction price: $37,366
Percentage change from July: -0.1%
Best-selling U.S. car: Subaru Crosstrek
6. Hyundai

Average August transaction price: $37,382
Percentage change from July: +0.1%
Best-selling U.S. car: Hyundai Tucson
7. Honda

Average August transaction price: $37,805
Percentage change from July: +0.1%
Best-selling U.S. car: Honda CR-V
8. Kia

Average August transaction price: $38,681
Percentage change from July: -0.3%
Best-selling U.S. car: Kia Sportage
9. Volkswagen

Average August transaction price: $39,158
Percentage change from July: -3.2%
Best-selling U.S. car: Volkswagen Tiguan
Keith Laing is an automotive reporter on the National Trending Desk at USA TODAY. Contact Keith at klaing@usatodayco.com.
This article originally appeared on USA TODAY: New cars cost over $50K. Here are 9 brands you can buy for under $40K













