2026 Toyota Corolla

There are a variety of models with a rock-bottom base price, many of which also get good gas mileage — see our top 10 cheapest new cars on the market.

The cheapest new car sold in the U.S. is gone for 2026, but some automakers still offer some affordably priced alternatives.

For 2026, Toyota isn’t changing much beyond dropping the 2025 Corolla sedan’s sporty-looking FX Edition but adding standard blind spot monitors and rear cross-traffic alert across the lineup, as well as a new 12.3-inch digital instrument cluster on the XSE and hybrid XLE trim levels.