Money Crashers lists the best cars for college students as the Nissan Versa, Hyundai Accent, Smart ForTwo, Chevrolet Aveo, Kia Rio and Toyota Yaris. Other cars on the list include the Kia Soul, Suzuki SX4, Hyundai Elantra and Kia Forte. The cars were chosen for their affordability, reliability and sensibility.
When buying a car, a college student must consider several factors, one of which is the cost. Each car on the list has a sticker price of under $15,000, which makes them affordable for college students who may be working with a small budget.
Another important factor is the miles per gallon that a car achieves since this affects the amount of money spent on gas. A smaller number of miles per gallon means the student must spend more money on gas, while a higher number of miles per gallon can save the driver money.
Money Crashers also warns future car owners about other miscellaneous expenses, including parking, emissions and safety inspections, car insurance and maintenance. A car owner may also experience expenses due to taxes and finance charges. These expenses should be considered when a college student chooses which car to buy because they add to the overall price of the vehicle.