Top 16 Cars Under $50,000 in Australia 2024

For under $50k, you can get your hands on a variety of cars, including work-ready utes, family-friendly SUVs and wagons, hatchbacks perfect for the city and everything in between.

Join us as we take a look at 16 of the best cars you can purchase in 2024 with a budget of $50,000 or less.

Volkswagen Tiguan Allspace 110TSI Life

Starting from $45,990*

Buyers looking for a European SUV packed with features and the ability to transport a family of seven should definitely have the Tiguan Allspace on their shortlist.

With a base model squeezing in well under the $50k mark, the Tiguan Allspace impresses with its smooth on-road manners, sharp looks and tech-heavy features list, VW’s seven-seat Tiguan is hard to ignore.

• Engine: 1.4-litre turbocharged four-cylinder petrol

• Fuel Economy: 7.7L/100km

• Seats: 7

• Boot Space: 230 - 700 - 1,775L

• ANCAP Safety Rating: Unrated

• Warranty: Five-year/unlimited-kilometre

Hyundai i30 Sedan Hybrid

Starting from $33,000*

The Hyundai i30 Sedan is better than ever thanks to a new fuel-efficient hybrid engine under the bonnet that offers silky-smooth, silent driving around town and immense fuel savings over the regular i30 Sedan.

With a particularly impressive cabin layout and equipment list in the base model, made more impressive by substantial legroom in the rear and a large boot, the i30 Sedan Hybrid is a great family all-rounder.

• Engine: 1.6-litre turbocharged four-cylinder petrol + electric motor hybrid

• Fuel Economy: 3.9L/100km

• Seats: 5

• Boot Space: 474L

• ANCAP Safety Rating: Unrated

• Warranty: Five-year/unlimited-kilometre

Toyota HiLux 4x4 Extra-Cab Chassis

Starting from $48,695*

Aussies looking for a tough workhorse will be pleased to know that a number of HiLux variants are priced under our $50,000 budget, including our favourite, the 4x4 extra-cab chassis with the flagship 2.8-litre turbo-diesel engine that offers 3,500kg of braked towing power.

For the money, you can get behind the wheel of the HiLux in everything from 4x2 and 4x4 examples of the HiLux single-cab chassis, extra-cab pickup and even the family-friendly dual-cab pickup range.

• Engine: 2.8-litre four-cylinder turbo-diesel

• Fuel Economy: 7.1 - 8.0L/100km

• Seats: 4

• Boot Space: N/A

• ANCAP Safety Rating: Five-star 

• Warranty: Five-year/unlimited-kilometre

Suzuki Swift Sport

Starting from $29,990*

If you’re looking for a no-frills package to get from point A to B that offers super impressive fuel economy figures and a surprising amount of character behind the wheel, the Suzuki Swift is calling.

• Engine: 1.4-litre turbocharged four-cylinder petrol

• Fuel Economy: 6.1L/100km

• Seats: 5

• Boot Space: 242 - 556L

• ANCAP Safety Rating: Five-star

• Warranty: Five-year/unlimited-kilometre

Isuzu MU-X LS-M

Starting from $48,900*

When it comes to sheer versatility with a family-friendly nature, few can compete with the Isuzu MU-X on the value front.

With a tough platform, impressive towing power and a super practical cabin, the MU-X remains one of the best-value seven-seat SUV packages on the market, made more impressive by the fact there are two variants priced under $50k.

• Engine: 1.9-litre four-cylinder turbo-diesel

• Fuel Economy: 7.4L/100km

• Seats: 5 - 7

• Boot Space: 311 - 1,119 - 2,138L

• ANCAP Safety Rating: Five-star

• Warranty: Six-year/150,000-kilometre

Cupra Leon V

Starting from $43,990*

The Cupra Leon is an under-appreciated hatchback that provides smooth on-road manners, sharp handling and a long list of features that make it a great option for buyers in the premium small car segment.

With its nearly identical platform to the Volkswagen Golf, you can be sure the Cupra Leon is great behind the wheel, with a perky turbocharged engine and a practical interior that makes it a particularly versatile hatchback.

• Engine: 2.0-litre turbocharged four-cylinder

• Fuel Economy: 6.2L/100km

• Seats: 5

• Boot Space: 380L

• ANCAP Safety Rating: Five-star

• Warranty: Five-year/unlimited-kilometre

Hyundai Tucson Elite AWD Diesel

Starting from $44,650*

For midsize SUV buyers looking for a comfortable, practical and safe midsize SUV, the Hyundai Tucson is outstanding.

With nearly all variants sneaking in under the $50k mark, the Tucson over-delivers when it comes to value for money, offering lengthy equipment lists and clever safety technology to keep your family safe on the road.

• Engine: 2.0-litre four-cylinder turbo-diesel

• Fuel Economy: 6.3L/100km

• Seats: 5

• Boot Space: 539 - 1,860L

• ANCAP Safety Rating: Five-star

• Warranty: Five-year/unlimited-kilometre

Subaru Forester Hybrid L

Starting from $44,090*

Subaru has updated the almighty Forester lineup with a much-needed hybrid engine that helps to improve fuel economy in the adventurous midsize SUV package we’ve come to love.

Benefiting from a confidence-inspiring symmetrical all-wheel drive system, the Forester is one of the more adventurous medium SUVs on the market and offers outstanding interior practicality.

• Engine: 2.0-litre four-cylinder petrol + electric motor hybrid

• Fuel Economy: 6.7L/100km

• Seats: 5

• Boot Space: 509 - 1,779L

• ANCAP Safety Rating: Five-star

• Warranty: Five-year/unlimited-kilometre

Chery Tiggo 7 Pro Ultimate AWD

Starting from $42,854*

Chery’s five-seat Tiggo 7 Pro has been quick to make an impression here in Australia, with the flagship AWD variant making for one of the best value propositions in the segment.

With a lengthy equipment list, long warranty coverage and mighty impressive drive-away pricing, the Tiggo 7 Pro is hard to ignore if you’re shopping around in the midsize SUV segment.

• Engine: 1.6-litre turbocharged four-cylinder petrol

• Fuel Economy: 7.8L/100km

• Seats: 5

• Boot Space: 626 - 1,672L

• ANCAP Safety Rating: Unrated

• Warranty: Seven-year/unlimited-kilometre

Mazda CX-5 G25 Touring Active AWD

Starting from $47,600*

It’s one of the most famous names in the midsize SUV for good reason - the Mazda CX-5 is a strong performer, no matter how close you point the microscope.

With its sharp looks, surprisingly sporty handling, well-packaged interior and healthy equipment lists, the CX-5 is a no-brainer for families on a budget and will leave no one disappointed.

• Engine: 2.5-litre four-cylinder petrol

• Fuel Economy: 8.2L/100km

• Seats: 5

• Boot Space: 438 - 1,340L

• ANCAP Safety Rating: Five-star

• Warranty: Five-year/unlimited-kilometre

Isuzu D-MAX SX Crew Cab 3.0

Starting from $42,200*

Aussies in the market for a tough-as-bricks ute absolutely brimming with equipment will not be disappointed by the latest Isuzu D-Max range.

With a budget-friendly 1.9-litre turbo-diesel engine now at the base of the range, there are more options in the D-Max lineup than ever before, though you can still get your hands on the 3.0-litre unit with flagship towing power for under $50,000 in Crew Cab and Cab Chassis variants.

• Engine: 3.0-litre four-cylinder turbo-diesel

• Fuel Economy: 7.7L/100km

• Seats: 5

• Boot Space: N/A

• ANCAP Safety Rating: Five-star

• Warranty: Six-year/150,000-kilometre

LDV D90 Executive 4WD

Starting from $46,832*

There’s a lot to love about the LDV D90 range, particularly if you’re a large family looking for an affordable and well-equipped seven-seat SUV package.

With a trio of options sitting under our $50k budget, the D90 over-delivers on the value front thanks to the company’s generous approach to features, smooth on-road manners and a massively practical cabin that can even accommodate adults in the third row.

• Engine: 2.0-litre turbocharged four-cylinder petrol

• Fuel Economy: 10.9L/100km

• Seats: 5

• Boot Space: 343 - 1,350 - 2,382L

• ANCAP Safety Rating: Five-star

• Warranty: Five-year/130,000-kilometre

Mitsubishi Pajero Sport GLX

Starting from $44,940*

Mitsubishi’s seven-seat SUV package remains a great options for buyers looking for a value-packed, seven-seat SUV package for under $50k - one backed by Australia’s longest warranty program.

While 4WD variants are sadly out of reach, the entry-level Pajero Sport GLX is a great family spaceship that remains comfortable around town and confident on the open road, with a huge cabin perfect for up to seven people.

• Engine: 2.4-litre four-cylinder turbo-diesel

• Fuel Economy: 8.0L/100km

• Seats: 7

• Boot Space: 131 - 502 - 1,575L

• ANCAP Safety Rating: Unrated

• Warranty: up to ten-years/200,000-kilometres

Nissan X-Trail ST-L e-Power Hybrid

Starting from $49,990*

Nissan’s overhaul for the X-Trail range has culminated in one of the most impressive midsize SUVs on the market, particularly with the clever new e-4orce hybrid system.

The X-Trail is silky-smooth on the road thanks to all-wheel drive power being delivered by the electric motors, and while the hybrid is only offered as a five-seater, it remains a great option in the midsize segment.

• Engine: 1.5-litre turbocharged three-cylinder + two electric motor hybrid

• Fuel Economy: 6.1L/100km

• Seats: 5

• Boot Space: 575L

• ANCAP Safety Rating: Five-star

• Warranty: Five-year/unlimited-kilometre

Toyota Corolla ZR Hybrid Sedan

Starting from $40,260*

The Toyota Corolla remains one of the most impressive all-rounders on the market, with all members, including the flagship ZR Hybrid priced well under $50,000 in 2024.

It’s the vehicle equivalent of a Swiss army knife, with the Corolla’s smooth on-road nature, practical interior, generous entertainment and safety equipment lists all buoyed by class-leading fuel efficiency that make it foolish to ignore.

• Engine: 1.8-litre four-cylinder petrol + electric motor hybrid

• Fuel Economy: 3.9 - 4.0L/100km

• Seats: 5

• Boot Space: 470L

• ANCAP Safety Rating: Five-star

• Warranty: Five-year/unlimited-kilometre

Ford Ranger

Starting from $36,880*

Our list wraps up with the almighty Ford Ranger, arguably the most impressive ute currently on sale here in Australia, with a number of variants on offer under $50,000.

With five versions of the Ranger XL, including Single & Double Cab Chassis and a Double Cab Pickup priced below our budget, there’s a lot to love about the Ranger at this price point when you consider its tough platform and adventurous nature for work and play.

• Engine: 2.0-litre turbo-diesel four-cylinder

• Fuel Economy: 7.6L/100km

• Seats: 5

• Boot Space: N/A

• ANCAP Safety Rating: Five-star

• Warranty: Five-year/unlimited-kilometre

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* Prices accurate at time of writing.