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Best New Cars to Buy Right Now Under $40K

by Jenna Payesko

Nov 13, 2016

© Robert Gubbins | Dreamstime

Trends / Top Trends

Making a decision to purchase a new car requires time and effort. You want a car with style and speed that is safe and financially sound. There are quite a few cars that can accommodate your needs, proving you don’t need a monster car payment every month in order to enjoy the thrills. Here are some of the best luxury cars less than $40,000 — you really can have it all.

 

The Volvo S60 T6 Drive-E, 302 horsepower made it on the list for power and price. The $39,950 car has a turbo, supercharged 2.0-liter inline-four and sends all of its horsepower to the front wheels.

 

The 2016 BMW 2 Series is everything you want out of an entry-level BMW. Keeping it under $40,000, opt for the 228i model, powered by a 2.0-liter turbocharged four-cylinder with 240 horsepower. The six-speed manual transmission and rear-wheel drive come standard, although you can upgrade to an eight-speed automatic and all-wheel drive. The 2 Series offers plenty of upscale features for an additional cost, although it’s plenty comfortable the way it is.

 

The 2016 Hyundai Azera starts at $34,100, gets 20 mpg in the city and 29 mpg on the highway.

 

The $37,295 Chevrolet Camaro SS is the cheapest way to get the Corvette’s amazing LT1 V8. It has an excellent engine with 455 horsepower. For the first time in the Camaro’s history, the V6 and the four-cylinder are respectable options.

 

The Dodge Challenger Scat Pack might not have the crazy 707 horsepower V8 of the Hellcat, but it offers plenty of power for $39,885. This might be the best all-around Challenger available.

 

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