Whichever way you want to look at it, fierce competition in the affordable vehicle segment has caused manufacturers to out-do one another when it comes to list prices, features and ownership programs, with Aussies benefitting immensely from the fight.
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Request a quoteWe already know that good things come in small packages, but let’s take a look at the best things coming in cheap packages here in Australia with a quick breakdown of the cheapest new cars on sale here in 2023.
Kia Picanto
Starting from $16,290*
The Kia Picanto remains the cheapest new car on sale here in Australia, with the pint-sized hatch lending itself perfectly to those looking for a first car or a no-frills commuter.
In base form, the Picanto S with a manual transmission is the cheapest of the bunch, with a 1.25-litre four-cylinder engine under the bonnet producing 62kW of power and 122Nm of torque to the front wheels.
As standard, the Picanto S receives cruise control, air conditioning, automatic headlights, a 4.2-inch driver’s display and an 8.0-inch infotainment system with wireless Apple CarPlay & Android Auto.
Combine all that equipment with one of Australia’s best warranty programs of seven-years, unlimited kilometres, and you’ve got yourself a heap of value inside Australia’s cheapest new car.
MG MG3 Auto
Starting from $17,990*
The MG3 Auto has been quick to make an impression here in Australia, with its attractive asking prices cementing itself a reputation as one of the cheapest new cars you can buy.
The MG3 Auto range is split into two variants, both of which come powered by a 1.5-litre four-cylinder petrol engine producing 82kW of power and 150Nm of torque which is sent to the front wheels via a four-speed automatic transmission.
The entry-level MG3 Core comes packed with a set of 15-inch alloys, LED daytime running lamps, a leather-wrapped steering wheel and gear lever, cruise control, a rear-view camera with parking sensors and an 8.0-inch infotainment system with Apple CarPlay, but no Android Auto support for the time being.
Kia Rio
Starting from $19,690*
For those looking for a bit more space than what’s on offer in the Picanto, the Kia Rio is a great and very accessible option for buyers considering its affordable asking price.
The Kia Rio range features two engines, with the majority of the lineup coming powered by a 1.4-litre four-cylinder producing 74kW of power and 133Nm, with a six-speed manual transmission as standard, or the option of a six-speed automatic transmission.
In its cheapest form, the Kia Rio S comes packaged with 15-inch wheels, automatic headlights, a rear-view camera with parking sensors and an 8.0-inch infotainment system with wireless Apple CarPlay and Android Auto.
Suzuki Ignis
Starting from $21,490*
With Suzuki saying goodbye to the Baleno in recent times, the Ignis is currently the company’s cheapest car on sale in Australia.
The Ignis is a small SUV package that is powered by a 1.2-litre four-cylinder producing 66kW of power and 122Nm of torque to the wheels via a five-speed manual or CVT automatic, with fuel economy figures standing at just 4.7L/100km on a combined cycle.
The Ignis GL comes packed with cruise control, roof rails, fog lights, 15-inch steel wheels and a 7.0-inch infotainment system with Apple CarPlay, Android Auto and sat-nav as standard.
Kia Stonic
Starting from $22,290*
Kia’s most affordable compact SUV comes in the form of the Stonic S manual, which comes well-equipped when you consider its affordable asking price.
The cheapest member of the Stonic family is powered by a 1.4-litre four-cylinder producing 74kW of power and 133Nm of torque, while the range-topping GT-Line receives a turbocharged three-cylinder producing 74kW and 172Nm.
Standard equipment for the Stonic S includes a set of 15-inch wheels, cruise control, automatic headlights, a rear-view camera with parking sensors and an 8.0-inch infotainment system with wireless Apple CarPlay & Android Auto.
Mazda2
Starting from $21,510*
Mazda’s cheapest car on sale here in Australia remains the charming little Mazda2 hatch, which punches well above its weight when it comes to style, comfort and even practicality for the sedan variant.
The Mazda2 range is powered by a 1.5-litre four-cylinder engine producing 82kW of power and 144Nm of torque, which is paired with a six-speed manual in the cheapest variant, while a six-speed automatic is also available.
The entry-level Mazda2 G15 Pure comes fitted with 15-inch alloys, a leather-wrapped steering wheel and gear lever, LED headlights, cruise control, a rear-view camera with parking sensors, blind-spot monitoring and rear-cross traffic alerts, as well as a 7.0-inch infotainment system with Apple CarPlay & Android Auto.
Hyundai Venue
Starting from $22,000*
Hyundai’s most affordable vehicle in 2023 remains the Venue compact SUV which remains one of the most compelling value propositions on the market today.
All members of the Venue range come powered by a 1.6-litre four-cylinder producing 90kW of power and 151Nm of torque, with fuel economy figures standing at 7.0L/100km a combined cycle.
Standard equipment for the entry-level Venue S includes 15-inch alloys, cruise control, automatic headlights, wireless smartphone charging and an 8.0-inch infotainment system with wireless Apple CarPlay & Android Auto.
MG ZS
Starting from $22,990*
The MG ZS has stormed the compact SUV segment thanks to its generous equipment lists and extremely affordable price lists, with the ZS becoming one of the most popular vehicles in the segment.
Power for the ZS range is supplied by a 1.5-litre four-cylinder and a 1.0-litre turbocharged three-cylinder engine for the higher-spec variants, with fuel economy figures standing at 7.1L/100km and 6.7L/100km respectively.
Standard equipment for the cheapest member of the ZS family, the Excite, includes 17-inch alloys, cruise control, a rear-view camera with parking sensors, a leather-wrapped steering wheel and gear lever, as well as an 8.0-inch infotainment system with Apple CarPlay.
Mazda CX-3
Starting from $23,510*
A direct competitor to the ZS, Mazda’s CX-3 has become one of Australia’s compact SUVs thanks to its stylish exterior and interior designs, fuel-efficient engines and Mazda’s competitive pricing.
The CX-3 range is powered by a 2.0-litre four-cylinder producing 110kW of power and 195Nm of torque, and returns fuel economy figures of 6.6L/100km on a combined cycle.
Standard equipment for the entry-level CX-3 Neo Sport includes 16-inch wheels, keyless entry & start, a rear-view camera with parking sensors and an 8.0-inch infotainment system with DAB+ radio, Apple CarPlay & Android Auto which is paired with a six-speaker sound system.
Hyundai i30
Starting from $24,000*
Our final entrant to the list of Australia’s cheapest new cars goes to the Hyundai i30, which is also one of the most attractive pound-for-pound fighters in the world of affordable vehicles.
Behind the wheel, the i30 feels far more smooth and sophisticated than its price tag might suggest, with power supplied by a 2.0-litre four-cylinder producing 120kW of power and 203Nm of torque.
In its cheapest form, the i30 gains a set of 16-inch alloys, LED daytime running lamps, a 7.0-inch digital instrument cluster, adaptive cruise control, automatic headlights, a rear-view camera with parking sensors and an 8.0-inch infotainment system with Apple CarPlay, Android Auto, and DAB+ radio.
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If our list of the cheapest new cars on sale here in Australia in 2023 has sparked your imagination, get in touch with one of our car-buying specialists who can help find your dream car at the best possible price.
* Prices accurate at time of writing.
