The Decline of Cheap Cars in Australia: A Look Back in Time
The Decline of Cheap Cars in Australia: A Look Back in Time
Are cheap cars in Australia becoming a thing of the past?
It seems like not only are the cheapest cars in Australia not so cheap anymore, but there are also far fewer options at this end of the market. Let’s take a trip down memory lane and explore the evolution of affordable cars in Australia.
In April 1999, the Daihatsu Sirion held the title of the cheapest car in Australia, priced at $11,990 before on-road costs. Adjusted for inflation, that would be approximately $23,500 in today’s dollars. It’s interesting to note that the current cheapest car in Australia, the MG 3 Core, is priced at $18,990 drive-away, which is less than the inflation-adjusted price of the Daihatsu Sirion.
Fast forward to April 2024, and the MG 3 Core has taken back the crown as Australia’s cheapest car. With a recent price cut to $18,990 drive-away, the MG 3 has solidified its position. However, this title will be short-lived as MG has announced that the next generation of the MG 3, set to arrive in July, will cost around $5,000 more.
But the MG 3 is not the only affordable option in 2024. The Kia Picanto Sport manual is available for $20,690 drive-away, the Suzuki Ignis GL manual is priced at $21,490 before on-roads, the Hyundai Venue manual has a base price of $22,500 before on-roads, and the Mazda 2 G15 Pure manual is priced at $22,870 before on-roads.
It’s worth noting that while car prices have increased over the years, there are still relatively affordable options available compared to 1999. Inflation has played a role in the rise of car prices, but advancements in safety features, technology, and overall quality have also contributed to the increase in costs.
- In April 1999, the cheapest car in Australia was the Daihatsu Sirion, priced at $11,990 before on-road costs.
- Fast forward to April 2024, and the MG 3 Core takes the crown as Australia’s cheapest car, priced at $18,990 drive-away.
- Other affordable options in 2024 include the Kia Picanto Sport manual for $20,690 drive-away, the Suzuki Ignis GL manual for $21,490 before on-roads, the Hyundai Venue manual for $22,500 before on-roads, and the Mazda 2 G15 Pure manual for $22,870 before on-roads.
- Inflation has played a role in the increase in car prices, but there are still relatively affordable options available compared to 1999.
The days of ultra-cheap cars in Australia may be behind us, but there are still options for budget-conscious buyers. From the MG 3 Core to the Mazda 2 G15 Pure, there are affordable cars available that offer modern features and decent performance. While the prices may not be as low as they once were, the value for money has improved. So, whether you’re in the market for a new car or just reminiscing about the good old days, it’s clear that the landscape of affordable cars in Australia has evolved.
