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Home > Financial Resource Center Home > Auto Buying > The Most Fuel Efficient 2020 Models

The Most Fuel Efficient 2020 Models

On a day-to-day basis, fuel is going to be the biggest cost of owning a car. Even with the pandemic and most people driving less, it still takes money to get your vehicle moving. If you’re in the market for a new vehicle and looking to save for those times you do drive, here is a list of the most fuel-efficient vehicles on the market, both hybrids and standard configurations.

Hybrids

Since the arrival of the Toyota Prius, hybrid vehicles have dominated fuel efficiency.

  1. Toyota Camry Hybrid – The first car on the list to crack the 50-mpg mark with a 52-mpg rating, the Camry Hybrid comes in at around $28,430. Another legend of reliability, the Camry gives you a little more than you need without breaking the bank.
  2. Toyota Corolla Hybrid – Sharing its big brother’s 52-mpg capability, the Corolla saves even more with its smaller size and minimal appointments, bringing the price tag to $23,100.
  3. Honda Insight – The first model on the list to only come as a hybrid, the Insight offers 52 mpg and a price of $23,930. Don’t expect a lot but also don’t expect to empty your wallet to fill it up.
  4. Toyota Prius – The original modern hybrid, the Prius continues to set the standard for fuel-efficiency. With 56 mpg and a $24,325 price tag, the Prius has solid value. Not to mention, the Prius also has history as a safe car—now made safer with a full suite of driver-assist features.
  5. Hyundai Ioniq – At 58 mpg, this is the most fuel-efficient vehicle of 2020. And a price tag of $23,200 sets it below many of the others on the list. If you’re looking to skimp on gas and don’t need much in the way of features, the Ioniq is a solid choice in the saving category.

Standard

  1. Nissan Versa – With 30 mpg combined fuel economy, the Versa sips fuel for a standard configuration, and at $14,830 it’s a bargain all around.
  2. Toyota Yaris – The Yaris boasts 35 mpg and a price tag of $17,750. You aren’t going to get a lot of exciting features, but the Yaris is going to last a long time.
  3. Honda Fit – This compact comes in at 36 mpg for $16,190. If you need to haul around anything, the ample cargo space of the Fit is something you should check out.
  4. Kia Rio – If you want the fuel economy of a hybrid from a decade ago, here you go, 36 mpg. With a sticker price of $15,850, the Rio is a value car all the way around. The aggressive styling makes up for a lack of power.
  5. Hyundai Accent – With an impressive 37 mpg, this is a solid contender even against hybrids. And at nearly half the cost ($15,395) of hybrids, you’re going to have plenty of cash left in your pocket to make up the difference in fuel costs.

Things to think about

None of these are recommendations for any particular car. What suits you best is what you should shop for.

Another thing to think about is buying used. Newer models will have better fuel economy, but one or two mpg isn’t going to really be noticeable, especially when the purchase price of the car is greatly reduced.

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