What are Australia’s three cheapest and most expensive new cars?
A quick buyer’s guide for new-car shoppers with a strict budget – and those without oneIt’s no secret that cheap new cars are getting more expensive, while already-expensive ones are getting even dearer.
But what bookends the Australian market? We decided to pour over the pricing lists to examine what you can get at either end of the market, regardless of segment.
But to avoid the list being full of Kias at one end and Rolls-Royces at the other, we decided to list the three cheapest and three most expensive model lines offered in Australia, as opposed to the exact variants occupying the top spots.
CHEAPEST
Kia Picanto
The Kia Picanto has long been Australia’s cheapest new car and it remains the only model left in the mainstream micro-car segment following the deaths of the Mitsubishi Mirage, Suzuki Alto and VW Up!.
It was recently given a facelift that inevitably lifted its asking prices – but not enough to lose its title, with the 2024 Kia Picanto Sport starting from $17,890 plus on-road costs in manual form.
MG3
Given the fact MG Motor Australia offers mostly drive-away pricing, it’s easy to argue the 13-year-old MG3 is actually Australia’s cheapest new model, but it will lose that crown when its all-new replacement arrives with a circa-$25,000 starting price.
Still, the current MG3 has at least a couple of months remaining to woo buyers with its very attractive $19,490 drive-away starting price – specifically applying to the base Core manual.
Suzuki Ignis
At what point does a micro or light car become an SUV? According to Suzuki the Ignis is that yardstick because it blends minute proportions with a mildly higher ride height than something like the Picanto.
Pricing for the Japanese brand’s cheapest model opens from $21,490 plus on-roads for the GL manual, which also hands the 2024 Suzuki Ignis the title of Australia’s cheapest SUV.
MOST EXPENSIVE
Lamborghini Revuelto
The long-awaited successor to the lauded Aventador and the Raging Bull brand’s first plug-in hybrid, the Lamborghini Revuelto, is the most expensive Lambo to date at $987,000 plus on-road costs. Yet despite this it’s sold out until at least 2026.
There’s just one (coupe) variant available at this stage, but more versions – think convertibles, lightweights and special-editions – will follow, inevitably priced beyond the $1 million mark and therefore likely to become the country’s most expensive new vehicles.
Rolls Royce Phantom
But for now, the title of Australia’s most expensive new car belongs to the Rolls-Royce Phantom Extended Series II, which commands a cool $1,085,000 plus on-road costs.
The wider Phantom portfolio presently starts from $965,000, however, which makes it Australia’s second-dearest model line after the Revuelto.
Ferrari SF90
Third place on this list belongs to the Revuelto’s arch-rival, the Ferrari SF90, which currently starts at $846,888 plus on-road costs.
Similar to the competition, the SF90 is Ferrari’s first attempt at a plug-in hybrid, and the Maranello car-maker has since released another PHEV in the 296 GTB and GTS.
Related: Just two sub-$20K new cars remaining
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