Top 10 Cars Under $16,000 - 2005

If you're in the market for a new car but either can't or don't want to spend a lot of money, you still have several choices. Automotive manufacturers have a slew of vehicles available in 2005 in the sub-$16,000 range, and they are more reliable and safe than ever.

Chevrolet Cobalt

The Chevrolet Cobalt is the long overdue replacement for the decade-old Cavalier. This time, Chevrolet decided the Cobalt would target a higher-end clientele rather than be the sole offering in their compact segment. With the introduction of the bargain basement Aveo developed in conjunction with Korean manufacturer Daewoo, Chevrolet hopes the Cobalt will be able to attract a more premium clientele. So far they're off to a good start.


The Cobalt, available in sedan and coupe variations, is leaps and bounds ahead of its predecessor. Riding on a more structurally rigid platform, it's quieter and offers a more comfortable and enjoyable ride for passengers. Starting at a base price of $14,190, coupe and sedan models come equipped with a 145-hp 2.2L 4-cylinder engine that is remarkably fuel efficient, returning 30 mpg city and 46 mpg highway when paired with the a 5-speed manual transmission. The Cobalt includes such standard features as an AM/FM CD stereo, air conditioning, 15-inch wheels and tires, electric power steering, front bucket seats and a 60/40 split-folding rear seat.

Chrysler PT Cruiser

Chrysler's PT Cruiser has been a cult favorite since it was first introduced as a 2000 model. A tall, stylish and practical vehicle, the PT Cruiser seems to have spawned the crossover vehicle category. Now that Chrysler has cut the PT Cruiser's admission by $4,000, it will surely invite an entire new stream of buyers.


Based on the Neon platform, the PT Cruiser is a versatile vehicle capable of various interior configerations and with a 65/35 split-folding rear seat, making it comparable to a midsize SUV on the inside.