Top 15 Cars Under $100,000 in Australia

By Alexi Falson on 22 Aug 2023
image for Top 15 Cars Under $100,000 in Australia There’s a heap of options on the market if you’ve got a budget of $100,000 for your next car, which is exactly what we’ll be unpacking as we whittle down your best choices on the Australian market.

Within our list of the top 15 cars under $100,000, we’ll list a number of vehicles across several vehicle segments to give you a better idea of your full range of options.

With that in mind, let’s take a closer look at the top 15 cars priced under $100,000 here in Australia - in no particular order. 

Best Compact and Midsize SUVs under $100,000

Volvo XC40 Recharge Twin AWD

If you’re looking for a stylish and surprisingly practical SUV powered entirely by electricity, the Volvo XC40 Recharge is one of the best packages on the market and comes priced at far less than $100,000. 

The XC40 Recharge is powered by two electric motors producing a massive 300kW of power and 660Nm of torque, with range figures from the 78kWh battery pack standing at 417km. 

Inside, the cabin is sleek, stylish and absolutely jam-packed with features thanks to its position at the top of the lineup, meaning buyers won’t miss out on a single important feature while benefitting from a large 460L boot. 

Lexus NX 450h F Sport

The latest-generation Lexus NX range has given buyers even more choice in the crowded world of midsize SUVs, with the range-topping NX 450h F Sport offering buyers a clever plug-in hybrid engine. 

The NX 450h F Sport offers buyers one of the most premium and attractive interior designs of the segment, with Lexus’ F Sport package adding a number of sporty touches to the cabin. 

Power comes supplied from a 2.5-litre four-cylinder petrol paired with two electric motors that offer fuel economy figures of 1.3L/100km on a combined cycle, so long as the 18.1kWh battery pack is fully charged. 

Mazda CX-60 Azami

Mazda’s latest generation CX-60 lineup has been quick to turn heads and cement itself a spot in our list of the best midsize SUV options, and you can get your hands on even the range-topping Azami variant for under $100,000 here in Australia. 

The CX-60 Azami comes powered by a 2.5-litre four-cylinder engine paired with an electric motor that produces 241kW/500Nm, making it the most powerful vehicle Mazda has ever produced with the added bonus of 76km of all-electric driving thanks to the 17.8kWh battery pack. 

Inside, the CX-60 Azami’s interior is filled with Nappa leather, wooden highlights and has a technology pack headlined by a surround-view monitor and a pair of 12.3-inch displays. 

Best Electric Cars under $100,000

Kia EV6 GT-Line AWD

Every member of Kia’s groundbreaking EV6 range remains priced under $100,000, making for a great battery-electric option. 

The range features a choice of single and dual-motor options, all of which come powered by a 77.4kWh battery pack that offers 528km of driving range in the entry-level EV6 Air, dropping to 504 and 484 in the GT-Line RWD and GT-Line AWD. 

Inside, the EV6 GT-Line comes generously equipped with suede and leatherette upholstery, a panoramic sunroof, augmented reality head-up display and a set of relaxation seats that are heated and ventilated. 

Polestar 2 Long Range AWD

A major competitor to the likes of the EV6 is Polestar’s Polestar 2 range, all of which - including the range-topping performance machine - can be yours for under $100,000 here in Australia. 

The Polestar 2 range kicks off from $67,400 for the entry-level Standard Range Single Motor variant, with Polestar also offering long-range and dual-motor variants, as well as the flagship performance pack that upgrades power outputs to a monstrous 350kW/740Nm. 

The base model picks up a 69kWh battery offering 532km, while the long-range single motor offers the largest range figures of 654km from the larger 82kWh battery pack; range figures drop to 591km in the long-range dual motor variant. 

Hyundai Ioniq 5 Epiq AWD

For those in the market for a battery-electric SUV, Hyundai has you very much covered with the Ioniq 5 range, all of which squeeze under our price cutoff of $100,000. 

The Ioniq 5 platform offers a more practical interior than the Kia EV6, with a front cabin that maximises the space of its bespoke electric vehicle design and offers a bunch of added storage options. 

The Hyundai Ioniq 5 range includes a single-motor entry-point as well as a pair of dual-motor flagships, all of which come powered by a 77.4kWh battery pack that offers 507km of all-electric driving in the single-motor Dynamiq, with range figures dropping to 454km in the dual-motor Techniq & Epiq variants. 

Best Sports Cars under $100,000

Nissan Z Coupe

Nissan’s latest Z performance coupe is a super strong contender in the sports car segment when it comes to impressive power figures and a rear-wheel drive platform for a reasonable amount of money. 

The Nissan Z sprints out of the gates with a 3.0-litre twin-turbocharged V6 producing 298kW of power and 475Nm of torque, with power thrown to the rear wheels via your choice of a six-speed manual or nine-speed automatic. 

Inside, the cabin picks up a mix of leather and suede upholstery with heated seats, a 12.3-inch digital instrument cluster and an 8.0-inch infotainment display with Apple CarPlay & Android Auto which is paired with an eight-speaker Bose sound system. 

Ford Mustang

The Ford Mustang is a very exciting and surprisingly well-priced sports car package here in Australia, with every member of the Mustang family, including the range-topping GT coupe and convertible available for under $100,000. 

While the more affordable Mustang variants pick up a turbocharged four-cylinder engine, the pointy end of the lineup gains a fire-breathing 5.0-litre V8 that throws 339kW of power and 556Nm of torque to the rear wheels via a six-speed manual or ten-speed automatic transmission. 

BMW 2 Series M240i

BMW is one of the most iconic names in the world of sports cars, and you’ll be pleased to know that a particularly naughty 2 Series is on offer for under $100,000 here in Australia. 

We’re talking about the 2 Series M240i xDrive, which comes powered by a 3.0-litre turbocharged six-cylinder engine that produces 285kW of power and 500Nm of torque, and is thrown to all four wheels via an eight-speed automatic transmission. 

Thanks to its compact, lightweight platform and BMW’s trademark sports suspension and steering setup, the M240i feels agile on its feet and is a truly impressive sports car package for under $100,000.  

Best 4x4 Utes Under $100,000

Ford Ranger Raptor

If you’re looking for the ultimate 4x4 ute, look no further than the latest generation Ford Ranger. 

For under our price cutoff, you can get your hands on the almighty range-topping Ranger Raptor, which comes powered by a 3.0-litre twin-turbo V6 producing 292kW of power and 583Nm of torque. 

The Ranger Raptor receives a full-time 4x4 system, a ten-speed automatic transmission, upgraded Performance Fox suspension, an electronic front locking differential and a steel bash plate that makes it one of the ultimate off-road 4x4 utes on the market. 

Toyota HiLux Rogue

Toyota’s major competitor to the Ford Ranger comes in the form of the range-topping HiLux Rogue which comes fully-loaded with heavy-duty, off-road-ready upgrades right out of the box. 

The HiLux Rogue comes powered by a 2.8-litre turbo-diesel engine kicking out 150kW of power and 500Nm of torque, giving it payload figures of 734kg and 3500kg of braked towing power. 

The Rogue picks up a wider track than its predecessor, a new anti-roll bar, upgraded disc brakes, a raised suspension system and a motorised tray cover making it the ultimate HiLux. 

Mazda BT-50 Thunder & Isuzu D-Max X-Terrain

We’ve split our third member of the best 4x4 utes under $100,000 because, for the most part, the Mazda BT-50 and Isuzu D-Max are twins under the skin, so you can make your choice on personal preference. 

In range-topping form, both the BT-50 and D-Max come powered by a 3.0-litre turbo-diesel producing 140kW of power and 450Nm, with braked towing figures standing at 3500kg for both. 

The range-topping BT-50 Thunder offers an LED light bar, steel bull bar, flared wheel arches, powered tray cover and a black sports bar, while the D-Max X-Rider flagship offers a two-tone grille, black sports bar and a soft tray cover. 

Best Large Seven-Seat SUVs under $100,000

Kia Sorento GT-Line PHEV

If seven-seater, family-friendly motoring is the name of the game, the range-topping Kia Sorento GT plug-in hybrid has your back thanks to its spacious cabin and clever PHEV powertrain. 

The Sorento comes powered by a 1.6-litre turbocharged engine paired with an electric motor and 14kWh lithium-ion battery pack that offers 195kW of power and 350Nm of torque, with fuel economy figures dropping to just 1.6L/100km when the battery is fully charged. 

Standard equipment for the range-topping Sorento GT-Line PHEV includes 19-inch alloys, a panoramic sunroof, quilted Nappa leather upholstery with heated and ventilated seats, a surround-view camera and 12.3-inch digital instrument cluster. 

Genesis GV80 2.5T AWD

Like much of the Genesis range, even a short time behind the wheel of the GV80 SUV will have  you questioning the need to upgrade to a more expensive SUV from Europe. 

The GV80 2.5T AWD is available as a three-row seven-seater and comes powered by a turbocharged four-cylinder producing 224kW of power and 422Nm of torque which is paired with an eight-speed automatic transmission. 

For the money, the equipment list is long and luxurious, with everything from 20-inch alloys, LED lighting, leather upholstery, a panoramic sunroof, a surround-view camera, wood highlights and a massive 14.5-inch infotainment display packaged as standard. 

Mazda CX-90

Our list wraps up with a recent entry from Mazda, with the all-new CX-90 SUV setting more than a few new benchmarks for the segment.

For under $100,000, you can get your hands on every member of the CX-90 lineup, including the range-topping Azami that receives Nappa leather upholstery and 21-inch alloys. 

Inside, the cabin is sleek and spacious thanks to the clever packaging, while fuel economy figures for the choice of 3.0-litre six-cylinder petrol and diesel variants stand at 8.2 and 5.4L/100km, respectively. 

Request a Quote

If our list of the top 15 cars under $100,000 here in Australia has sparked your imagination, get in touch with one of our car buying specialists who can help find you a great price.


Alexi Falson

Alexi is an automotive journalist and road tester hailing from Byron Bay. He has an affection for both cars and motorbikes, a great admiration for the simplicity of old-school engineering, and a fascination of new technology making its way to modern cars. When he's not road testing, you'll find him surfing, hiking or helping people find their dream cars.

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