Best Value New Cars in Australia 2024

Thankfully, healthy competition in the automotive world means there’s a tonne of great-value new cars on offer in 2024.

With so many options out there, it can be difficult to know exactly what your best value options are for a new car, which we’ve researched and will be unpacking for you in this article.

Join us as we look at ten of the best-value new cars on sale in Australia in 2024.

GWM Tank 300 Lux Hybrid

The recent addition of the GWM Tank 300 to the Aussie market makes for one of the leading 4x4 value propositions out there.

With extremely aggressive pricing, the GWM Tank 300 undercuts major rivals by tens of thousands while offering some genuine off-road performance thanks to a tough platform and particularly healthy power figures from the hybrid engine option.

Standard equipment for the entry-level GWM Tank 300 includes alloy wheels, LED headlights, a sunroof, underbody protection, a locking differential and a pair of 12.3-inch displays.

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

• Fuel Economy: 8.4L/100km

• Boot Size: 400L

• Infotainment Size: 12.3-inches

• Apple CarPlay & Android Auto: wired 

• ANCAP Safety Rating: Five-star

• Warranty: Seven-year/unlimited-kilometre

Subaru BRZ

If you’re in the market for a fabulous sports car at a reasonable price, the Subaru BRZ range has you covered.

With fabulous handling from its lightweight platform and sporty suspension, the BRZ offers just about as much fun as you can have at road-legal speeds and makes for a mighty impressive sports car package that doesn’t break the bank.

• Engine: 2.4-litre four-cylinder petrol 

• Fuel Economy: 8.8L/100km

• Boot Size: 201L

• Infotainment Size: 8.0-inches

• Apple CarPlay & Android Auto: Wired

• ANCAP Safety Rating: Five-star

• Warranty: Five-year/unlimited-kilometre

Hyundai i30 Sedan Hybrid

Hyundai’s i30 Sedan range has gotten even better in 2024, with more equipment as standard buoyed by the addition of a new hybrid engine option that is available for the affordable base model.

On the road, the i30 Sedan is a comfortable tourer and a surprisingly agile handler when pushed, the cabin offers healthy interior space and Hyundai’s generous approach to features means the i30 Sedan remains a great value pick in the small car segment.

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

• Fuel Economy: 3.9L/100km

• Boot Size: 474L

• Infotainment Size: 8.0-inches

• Apple CarPlay & Android Auto: Wired

• ANCAP Safety Rating: Unrated

• Warranty: Five-year/unlimited-kilometre

Isuzu MU-X LS-M 4x2

For families looking to hit the ground running with a tough, capable and practical seven-seat SUV, the Isuzu MU-X remains one of the best value picks for adventurous buyers.

With a hardcore platform and engine borrowed from the D-Max, 3,500kg of towing power, a spacious interior layout and a healthy amount of safety gear bundled in with the base model, the MU-X is difficult to fault for the money.

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

• Fuel Economy: 7.8L/100km

• Boot Size: 311 - 1119 - 2138L

• Infotainment Size: 7.0-inches

• Apple CarPlay & Android Auto: Wireless Apple CarPlay, wired Android Auto 

• ANCAP Safety Rating: Five-star

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

Mahindra XUV 700

The Mahindra XUV 700 is one of the few seven-seat SUVs you can get your hands on with drive-away pricing below the $40,000 mark, representing outstanding value for Aussie families.

With its spacious interior, generous equipment lists and a healthy amount of safety tech bundled in with the base model, if you’re shopping around for a seven-seat SUV for the family, be sure to add the XUV 700 to that list.

• Engine: 2.0-litre turbocharged four-cylinder petrol

• Fuel Economy: 8.3L/100km

• Boot Size: N/A

• Infotainment Size: 10.25-inches

• Apple CarPlay & Android Auto: Wired

• ANCAP Safety Rating: Unrated 

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

MG ZS

The fact that the MG ZS is the best-selling small SUV in the segment proves that Australians absolutely love a bargain- because it’s also one of the most affordable in its class.

While the MG ZS doesn’t lead the segment in terms of driving refinement, a relatively long list of features for the money combined with MG’s long warranty program will be sure to keep the ZS atop sales charts throughout 2024.

• Engine: 1.5-litre four-cylinder petrol

• Fuel Economy: 7.1L/100km

• Boot Size: 359 - 1166L

• Infotainment Size: 8.0-inches

• Apple CarPlay & Android Auto: Wired

• ANCAP Safety Rating: Four-star 

• Warranty: Seven-year/unlimited-kilometre

Kia Picanto

Kia’s pint-sized Picanto proves that good things really do come in small packages.

It sits as not only one of the most affordable vehicles in Australia, but one of the most charming and enthusiastic little city cars that offers outstanding fuel economy, wireless Apple CarPlay & Android Auto, an updated safety equipment list and Kia’s long-lasting warranty coverage.

• Engine: 1.2-litre four-cylinder petrol

• Fuel Economy: 5.4L/100km

• Boot Size: 255 - 1010L

• Infotainment Size: 8.0-inches

• Apple CarPlay & Android Auto: Wireless

• ANCAP Safety Rating: Unrated

• Warranty: Seven-year/unlimited-kilometre

Suzuki Swift

While it’s easy to dismiss the Suzuki Swift on its footprint alone, there’s a lot to like about Suzuki’s small car package that just oozes fun, barely drinks fuel and offers more practicality than you might expect.

On the road, the Suzuki Swift’s zippy handling makes light work of a daily drive through town and remains one of the world’s easiest cars to park, while the company’s generous features lists means the Swift remains one of the best value cars on the market in 2024.

• Engine: 1.2-litre four-cylinder petrol

• Fuel Economy: 4.6L/100km

• Boot Size: 242 - 556L

• Infotainment Size: 7.0-inches

• Apple CarPlay & Android Auto: Wired

• ANCAP Safety Rating: Four-star (GL) Five-star (rest of range)

• Warranty: Five-year/unlimited-kilometre

Genesis GV70 2.5T

While it certainly doesn’t come cheap, the Genesis GV70 is an undeniable value proposition for buyers in need of a luxurious SUV package without the six-digit price tag.

The GV70 is offered with the choice of two potent engines, both RWD and AWD systems and a standard equipment list for the base model that includes leather upholstery with heated & ventilated seats, LED headlights, a panoramic sunroof and a 14.5-inch infotainment system - and that’s before you unpack all the safety kit included.

On the road, the GV70 very much holds its own against equivalent European rivals, offering buyers outstanding value for money and a slice of true premium motoring without an excessive price tag.

• Engine: 2.5-litre turbocharged four-cylinder petrol

• Fuel Economy: 9.8L/100km

• Boot Size: 542 - 1678L

• Infotainment Size: 14.5-inches

• Apple CarPlay & Android Auto: Wireless

• ANCAP Safety Rating: Five-star

• Warranty: Five-year/unlimited-kilometre

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If you’re looking to upgrade to a new car, be sure to reach out to one of our car-buying experts who can find you the best possible price and take the stress out of the buying process.