Cash-strapped car buyers have long tended to favor hatchbacks, and with good reason. It's hard to beat hatchbacks and wagons when it comes to affordability; these segments are home to some of the most budget-friendly picks on the market. When you factor in their tremendous all-around utility, it's easy to see why these vehicles are top choices for shoppers seeking value and versatility.
The most price-sensitive shoppers will want to check out the picks listed below; these are the 10 least expensive hatchbacks and wagons. The big news in the segment this year concerns manufacturers' growing interest in microcars; the diminutive Chevrolet Spark is a new arrival for 2013, and it lands at the top spot on our list. The tiny Scion iQ — introduced in 2012 — also makes the cut on our current lineup, with the microcar contingent being rounded out by last year's low-price leader, the Smart Fortwo.
We'd included each vehicle's MSRP, but bear in mind that base-model pricing is reflected — you may have to spend a bit more to get the options you seek. Many of these vehicles also feature rebates and incentives that give you the chance to save even more. Check out each vehicle's True Market Value before deciding on a purchase.