Compact cars offer some of the most value-oriented pricing on the market. Despite their inexpensive MSRPs, compact cars provide significantly higher quality in 2011 than the equivalent affordable models of just five years ago, thanks to technological advances and improved production techniques. Combined with the frugal fuel economy inherent in these lightweight compact car designs, the savings associated with purchasing an entry-level small car make them a popular choice across a wide range of demographics, including both first-time drivers and more experienced new car shoppers. Let's take a look at five of the cheapest compact cars of 2011.