Edmunds picks the five best cars for under $30,000

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Pricing for the average new car continues to rise, with the latest reports pegging the average new vehicle transaction price around $48,000

Pricing for the average new car continues to rise, with the latest reports pegging the average new vehicle transaction price around $48,000. High interest rates are a further impediment for shoppers on a tight budget. While buying used is always an option, there are some great new cars out there that are still affordably priced. The automotive experts at Edmunds have selected five standout vehicles with starting prices less than $30,000.

While there are other less expensive vehicles on the market, oftentimes spending a little more will get you a much more desirable vehicle over the long term. Edmunds took into account qualities such as comfort, fuel economy, driver assist features and practicality. All of the manufacturer suggested retail prices below include destination charges.

Available as a sedan or hatchback, the Honda Civic boasts roomy seating, high fuel economy, and a pleasing amount of standard features even on the base LX trim level. The Civic EX sedan and Civic EX-L hatchback, both of which still fit under our price cap, have a turbocharged engine that provides smooth power for city driving.

Of the two versions, the Civic hatchback is the better buy for practicality. It offers 25 cubic feet of space behind its rear seats, which is about 10 more cubes than the sedan’s trunk. Downsides to the Civic are few but include a somewhat noisy cabin at highway speeds and some driver assistance features that could operate a little more smoothly.

Starting price: $25,045

The Kia K5 is a relatively new model that competes with a number of more well-known rivals, including the Honda