With living costs still rising and interest rates remaining high, Australians are keeping a closer eye on the affordability of new cars. While average prices have increased steadily in recent years, several brands continue to offer relatively low entry points into new-car ownership across different vehicle segments.

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Chinese and Korean manufacturers now dominate the budget end of the market, filling space once occupied by Japanese brands. Models from MG , Chery , BYD , GWM and LDV now set many of the price benchmarks, while India's Mahindra has also joined the competition with its sharply priced XUV 3XO small SUV.

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