It's the 100th Anniversary of the Ford Model T rolling off the assembly line and being put on the market for $825. That much money went a lot further back in the day, but the mass-produced car is considered the first affordable automobile.

Horseless buggies have come a long way since then, though there are still various manufacturers developing more and more affordable vehicles. Take for instance, India's Tata Nano, which is sold brand new for $2,500.

This got us wondering -- are there any new cars that are cheaper? There are. Are they legal in the U.S.? They aren't. Do the Chinese make popular knockoffs of other brands? Absolutely, it's pictured above. Want to know more? Check out our a gallery of subcompacts from around the world, ranging from $15,000 to $2,400. You could own one for pennies a month, and even park the little guy in your living room.


Cheap Cars Around The World

    A joint venture with Toyota the Citroen C1 is a popular city car, and the priciest on our list. It has a low carbon footprint and is perfect for bombing around Paris.
    Price: $15,000

    wintonsworld.com

    As of January 2008, the only car legal in America that you could park inside somebody else's mini van. The Smart ForTwo is as popular as the mini dog in Paris Hilton's purse. Just don't take it on the highway.
    Price: $12,000

    about.com

    An affordable sedan with room for 5, the Chevy Aveo gets you 34 MPG on the highway and was made originally by Daewoo. It certainly looks better than the mail truck you've been considering. And it's street legal, unlike many of the cars to come.
    Price: $11,000

    chevrolet.com

    The 5-person Hyundai Getz hatchback has become popular in India, although a hybrid version is available in South Korea and there are plans for an electric version in New Zealand.
    Price: $9400

    zcars.com.au

    The Fiat Palio travels the globe before it hits the road, made in Brazil and sold in India. Models that stay in Brazil are multifuel, so you could probably fill them up with local rum. The Weekend, shown above, is wagon. The standard Palio is a hatchback.
    Price: $9200

    Fiat-india.com

    Hyundai i10
    Hyundai is India's third largest car company and hopes the i10 will steal some of the glory of the Tata Nano.
    Price: $9100

    wikimedia.org

    It started out as the first car from India but the Tata Indica has been exported to Europe as well. Like most of the subcompacts in this list, the Indica is a hatchback with a manual transmission. Tata completely eclipsed the success of the Indica with the Nano.
    Price: $8500

    namastecitytour.com

    Just like the country where it was made, the Yugo no longer exists. It was introduced to the United States in the 80's for a mind-blowing $2K, which would cost about $6800 now, far less than anything new you could get Stateside. On the minus side, the 1985 GV was rated as one of Time Magazine's Worst Cars of All Time.

    chartertn.net

    The Renault Logan is Renault's love child with Romanian firm Dacia and can be had for cheap. Romanian labor unions have recently shut down production because of low wages, so this one might start costing as much as the French equivalent.
    Price $6100

    renault-dacia-logan.com

    Based on an 80's Daihatsu, the ChineseGeely HQ gets a solid 36 MGP and goes the blistering speed of 52 MPH. Unlike the other subcompacts it has a little extra room for cargo, so it stands as China's equivalent to the SUV.
    Price: $5800

    vicky.in