Sometimes money is no object. Other times you're flat broke. If you're closer to the latter scenario and want to save a ton of money, try a subcompact hatchback. In this comparison guide, we'll pit two of the most affordable new cars on the market against each other and see which fits your budget while meeting your needs. On today's menu are the 2018 Nissan Versa Note and the Honda Fit.
Pricing: 2018 Nissan Versa Note
When you're on a budget but still want to buy new, there's literally nothing more affordable than the Nissan Versa Note. The Versa Note starts at just $16,500. The Nissan lacks many of the features and novelties of other hatchbacks, but includes steering-wheel-mounted audio controls, hands-free Bluetooth phone system, air conditioning, and power exterior mirrors. If those seem like meager offerings, just look at the price tag again. It's actually a tremendous value. This hatchback was made for those on a budget and populated accordingly. If you have a little extra cash, we recommend upgrading to the SV trim to grab power windows and locks, keyless entry, USB port, and Siri Eyes Free.
The Honda Fit starts at $17,085. That's a difference of almost $600 less than the Versa, which admittedly is not a huge difference, but wouldn't you like to have a couple fewer payments? That difference continues throughout the trim levels, so at each step the Versa is the more affordable option.
Fuel Economy: 2018 Nissan Versa Note
If you're looking to save money at the pump too, both the Versa Note and Fit will do it. They are the best gasoline-powered subcompacts in terms of gas mileage. The Versa gets 34 city and 39 highway miles per gallon while the Fit gets 33 city and 40 highway. Obviously, the Fit does better but just by a hair. The Honda might save you $50 per year in fuel costs over the Versa Note.
Cargo Space: Tie
One of the best things about buying a hatchback is it ditches the trunk and open up the cabin for a lot more cargo space. The 2018 Nissan Versa Note offers 18.8 cubic feet with the rear seat up and 38.3 with it down. Meanwhile, the Honda Fit has 16.6 cubic feet seats up or 52.7 cubes seats down. We're calling this one a tie, depending on how you like your car. If you like the rear seats up for passengers and find it inconvenient to move them, the Versa Note is better. If not, it's the Fit for you.
The name of the game here is affordability. And overall the Versa Note wins there, both in buying price and fuel economy.