The Kia Picanto is once again Australia’s cheapest car, a title it hasn’t worn since December 2023.

    The outgoing MG 3 had held the title with its base price of $18,990 drive-away.

    However, there’s now a new model on sale which has much more in the way of standard kit, particularly safety equipment.

    The new MG 3 range now opens at $23,990 before on-road costs.

    The last MG 3 became Australia’s cheapest car in December 2023, when Kia introduced a facelifted version of its Picanto which brought a wealth of standard safety features but a higher price tag.

    While the base 2023 Picanto S manual started at $16,290 before on-road costs or $18,890 drive-away, the new base 2024 Picanto Sport manual rings up at $17,890 before on-roads ($20,690 drive-away).

    All Picanto models now slot in under the base MG 3 in price. Kia’s micro car range tops out at $21,290 before on-roads.

    Not only is the Picanto once again cheaper than the MG 3, some other familiar nameplates now undercut the MG.

    The Suzuki Ignis – which may be not long for this world – opens at $21,490 before on-road costs in manual GL guise.

    Also undercutting the MG 3 are the Hyundai Venue manual ($22,500 before on-roads) and Mazda 2 G15 Pure manual ($22,870 before on-roads), with the Chinese hatchback lacking a price-leader manual model to tackle these vehicles more directly on price.

    Not only is the base MG 3 more expensive than these models now, it’s even pricier than the brand’s own ZS crossover, an older design with no active safety technology but a sharp $22,990 drive-away sticker.

    MORE: Everything Kia Picanto
    MORE: Everything MG 3

    William Stopford

    William Stopford is an automotive journalist based in Brisbane, Australia. William is a Business/Journalism graduate from the Queensland University of Technology who loves to travel, briefly lived in the US, and has a particular interest in the American car industry.

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