econobox

/ɪˈkɑnəˌbɑks/
noun
  1. A small, inexpensive car that is designed to be fuel-efficient and affordable.
    • The new econobox gets over 40 miles per gallon on the highway.
    • Econoboxes are popular with students and people on a tight budget.
    • He bought an econobox to save money on gas during his long commute.
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