The Decline of Cheap Cars in Australia

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Australia,Cheap Cars,Micro Cars

The number of affordable car options in Australia has significantly decreased over the years, with only two micro cars and five light cars available under $30,000. Comparing to a decade ago, there were nine micro cars and 19 light cars under $25,000. Furthermore, the inflation-adjusted price of the cheapest car in 1999 is higher than the current cheapest car in Australia.

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. There are just two micro cars on sale in Australia , and five surviving light cars with a base price under $30,000. Rewind 10 years ago to April 2014 and there were nine micro cars on sale and 19 light cars with a base price under $25,000. But let’s go back even further, to a time where boy bands were big and people were worried about Y2K.

Buy a Kia Picanto 2023 Suzuki Ignis review Hyundai Venue manual Price: $22,500 before on-roads Hyundai sales really took off in Australia during the run of the second-generation Excel, which started at $13,990 drive-away. Adjusted for inflation, that figure works out to be $27,484, while Hyundai’s current entry-level model – based on a Queensland postcode – rings up at $25,490 drive-away.

Source: Car News Wire (carnewswire.net)

Australia Cheap Cars Micro Cars Light Cars Inflation Affordability

 

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