Did you know that the average cost of maintaining a car can sometimes exceed the amount you spent on its purchase?
If you’re in the market for a new set of wheels, that’s a fact you can’t afford to ignore. Fortunately, we’ll take you on a journey through the top 10 cheapest cars to maintain in Australia, ensuring that your new car not only fits your initial budget but continues to be light on your wallet throughout its lifetime.
Top 10 Cheapest Cars To Own And Run In Australia
Here’s a detailed look at the top 10 most economical cars to maintain in Australia, based on the average annual cost –
1. Toyota Corolla
Average Annual Cost: $837
The Toyota Corolla has been a staple in the Australian automotive landscape for generations. Known for its reliability, this small car not only boasts a low purchase price but also minimal annual maintenance costs. It’s a perfect choice for those who want to keep their expenses in check without compromising on quality.
While the Corolla excels in many areas, it may not have the most luxurious interior compared to more expensive models. But if you are looking for the cheapest small car to run on Australian roads, this is your go-to option.
2. Mazda 3
Average Annual Cost: $861
The Mazda 3 is a compact car that combines style and affordability. With a reputation for quality and a relatively low cost of maintenance, it’s a great option for those seeking an economical ride without sacrificing modern features. However, the rear seat space can be a bit cramped for taller passengers.
3. Kia Picanto
Average Annual Cost: $875
The Kia Picanto is one of the smallest cars in the market, but it packs a punch when it comes to value. Its compact size makes it easy to maneuver through city traffic, and its low maintenance costs make it an attractive choice for budget-conscious drivers. The small size can limit storage and passenger space compared to larger cars.
4. Hyundai i30
Average Annual Cost: $889
Hyundai’s i30 offers a balance of space and cost-effectiveness. It’s a small family car that boasts a relatively low annual maintenance cost, making it an ideal choice for those with practical needs and a tight budget. Some users may find the ride a bit stiffer compared to other cars in this category.
5. Suzuki Baleno
Average Annual Cost: $903
The Suzuki Baleno is another contender in the small car category that excels in terms of low car running costs. Its compact design and efficient engine make it a solid choice for those who want to save money on both the purchase and upkeep. The infotainment system may not be as advanced as some other cars in this segment.
6. Mazda 2
Average Annual Cost: $917
The Mazda 2 is a subcompact car that is perfect for city driving. With an affordable on-road cost, it’s not only easy on the wallet but also a breeze to park in tight urban spaces. The rear seats might be tight for adult passengers, especially on longer journeys.
7. Toyota Yaris
Average Annual Cost: $931
The Toyota Yaris, much like its Corolla counterpart, is a reliable and cost-effective choice. Its reputation for durability and its affordable annual maintenance cost make it an excellent option for those who want a dependable, low-cost ride. The base engine can feel underpowered, particularly on the highway.
8. Mitsubishi ASX
Average Annual Cost: $945
If you’re looking for the cheapest small SUVs, the Mitsubishi ASX is a smart choice. It offers the versatility of an SUV with a reasonable annual maintenance cost. While it’s more affordable for an SUV, it may not have the same level of off-road capability as larger, more expensive SUVs.
9. Hyundai Venue
Average Annual Cost: $959
The Hyundai Venue is another small SUV that combines affordability with style. It’s an economical choice both in terms of purchase price and annual servicing costs, making it an attractive option for those who prefer a bit more space. The cargo space may be limited when compared to larger SUVs.
10. Honda Jazz
Average Annual Cost: $973
The Honda Jazz is a spacious and practical small car with a reputation for reliability. Its annual maintenance cost is competitive, making it a wise choice for those who need extra room without breaking the bank. While it offers ample interior space, the exterior design may not be as eye-catching as some competitors.
Why Do These Cars Have Low Car Running Costs?
There’s a good reason why these cars are the champions in terms of affordability when it comes to maintenance in Australia. Here’s why:
Car Popularity In Australia
All the cars on our list are relatively popular choices, and popularity comes with a distinct advantage. Popular cars have readily available and affordable parts and labour. So, when it comes to maintenance and repair costs, you won’t be shelling out a fortune.
For example, the Toyota Corolla and Mazda 3 are among the best-sellers in Australia in 2022 and 2023, ensuring that finding replacement parts and skilled mechanics is easy and cost-effective.
Built to Last
Reliability is key when you want to keep your car maintenance costs low. These cars are well-built, making them less likely to require frequent repairs and maintenance in the first place. When you invest in a car that’s built to last, you’re setting yourself up for long-term savings.
For instance, the Hyundai Venue and Mitsubishi ASX are known for their durable construction, ensuring you won’t be dealing with unexpected repairs.
Fuel Consumption
Fuel costs can be a significant expense when it comes to car ownership. Fortunately, all the cars on our list are fuel-efficient. This means you’ll be saving money on petrol costs, which can significantly impact your overall running costs.
For example, the Suzuki Baleno and Kia Picanto are renowned for their excellent fuel efficiency, keeping your ongoing costs at a minimum.
With these cars, you not only save on the initial purchase but also enjoy ongoing savings on maintenance and fuel.
Factors To Consider When Looking For The Cheapest Cars To Run And Maintain
When searching for the most economical cars to run and maintain, consider the following factors –
Insurance Costs
Don’t forget to factor in car insurance when calculating your running costs. Insurance costs can vary significantly depending on the make and model of the car, as well as your driving history.
Purchase Price and Loan Repayments
While our list focuses on maintenance costs, it’s essential to consider the overall financial impact of your purchase. If you’re financing your car through a car loan, the purchase price and loan repayments are crucial.
Service and Maintenance Packages
Some car manufacturers, like Hyundai and Skoda, offer three- and five-year pre-paid service packages. These packages can help you predict and control your maintenance expenses.
Electric Cars and Hybrid Options
In Australia, the market for electric vehicles and plug-in hybrids is growing. While the initial purchase price may be higher, these cars can have lower running costs, especially if you can take advantage of Australia’s EV incentives.
Standard Service Plans
Check if the manufacturer provides a standard service plan for the first few years of ownership. Some brands like Volkswagen may offer free or low-cost standard service plans.
Consider Other Models Too
If the top 10 cars on our list don’t fit your preferences, consider looking at the second cheapest models of these manufacturers. They often share similar cost-efficient qualities.
Luxury Car vs Light Car
Luxury cars tend to come with higher maintenance costs, so consider if the added luxury is worth the extra expense. Light cars like the Honda Jazz offer a budget-friendly alternative.
Used vs New Cars
While new cars can come with warranties and the latest features, used cars often have a lower upfront cost. Depending on your budget, both options have their advantages.
Additional Tips To Save On Annual Car Maintenance Expenses
Now that you know which cars are the most affordable to maintain, let’s discuss some tips to keep those costs even lower:
- Follow Your Car’s Recommended Service Schedule
- Choose a Reputable Mechanic
- Shop Around for Parts and Labor
- Keep Your Car Clean and Well-Maintained
- Drive Carefully and Avoid Accidents
FAQs On Cheapest Cars To Maintain In Australia
What is the cheapest car brand to maintain in Australia?
The Toyota brand is known for its affordability when it comes to maintenance in Australia. Models like the Toyota Corolla and Toyota Yaris are excellent choices for budget-conscious car owners.
What is the most economical car in Australia?
The Kia Picanto is often recognized as one of the most economical cars in Australia, making it an excellent choice for those who want to keep their running costs low.
What is the cheapest car in Australia?
When considering both purchase price and maintenance costs, the Kia Picanto is frequently cited as one of the most affordable cars in Australia.
Which Australian car lasts the longest?
The Toyota Corolla is known for its longevity, with many well-maintained models surpassing 200,000 kilometres or more. It’s a reliable choice for those seeking a durable vehicle.
Is it cheap to own a car in Australia?
Car ownership costs can vary, but by choosing one of the cheapest cars to maintain and following cost-saving tips, you can make car ownership more affordable in Australia.
What is the best car to travel in Australia?
For long-distance travel in Australia, SUVs are often preferred due to their spaciousness and comfort. Vehicles like the Mitsubishi ASX are popular choices for road trips when talking about the least expensive cars.
Are cars cheaper in the UK or Australia?
The cost of cars in the UK and Australia can differ due to various factors, including taxes and import duties. It’s essential to research the specific models and market conditions to determine which is more cost-effective.
How do service breakdowns affect car maintenance costs?
Service breakdowns can lead to unexpected expenses. To avoid this, stick to your car’s recommended service schedule and choose a reputable mechanic for regular maintenance.
Conclusion
Owning a car in Australia doesn’t have to be a financial burden. With the right choice of vehicle and some smart strategies, you can enjoy the convenience of a car without breaking the bank.
If you’re looking for the cheapest cars to maintain in Australia, the list we’ve provided is an excellent place to start.
Just remember to follow the recommended service schedule, choose a reputable mechanic, shop wisely, keep your car clean, and drive responsibly.
Whether you’re looking for the cheapest cars to maintain or the most fuel-efficient options, we’ve got you covered. Stay tuned for more tips and guides to make your car ownership experience even better. Safe driving!
