Price Range: $11,550 - $14,650

The Toyota Yaris ranks as one of the lowest-priced small cars for 2008, and has especially low running costs and a longstanding reputation (with its predecessor, the Echo) for reliability. Fuel efficiency is the best in the segment, according to Toyota, and with its tight turning radius and good maneuverability the Yaris makes a very frugal city commuter.

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