Top 10 Best Sedans Under 40k to Buy in Australia 2023 - 2024

If you're in the market for a sedan and have a budget of under 40k, you're in luck. Australia offers a range of incredible options that deliver a perfect combination of luxury, performance, and value. Whether you're looking for a compact sedan or a midsize option, there are plenty of choices available for you to explore.

In this article, we have compiled a list of the top 10 best sedans that you can buy in Australia for the years 2023 - 2024. These sedans have been carefully selected based on their features, reliability, and overall value for money. So, let's dive in and discover the perfect sedan for you within your budget.

Key Takeaways:

  • The best sedans under 40k in Australia for 2023 - 2024 offer a perfect blend of luxury, performance, and value.
  • There are options available for every preference and budget, whether you prefer a compact sedan or a midsize option.
  • Each sedan on this list has been chosen based on its features, reliability, and overall value for money.
  • Take your time to research and test drive different models to find the perfect sedan that meets your needs.
  • With a budget of under 40k, you can make a smart investment in a sedan that will provide comfort and enjoyment for years to come.

Mazda 3

If you're in the market for a sedan under 40k, the Mazda 3 should definitely be on your radar. Renowned for its sleek design and impressive performance, the Mazda 3 offers a host of features that make it a top choice among car buyers. With its updated multimedia and functionality upgrades, the Mazda 3 delivers a premium feel and an exceptional driving experience.

The Mazda 3 is not only stylish, but it also offers excellent value for money. With competitive pricing in the under 40k price range, this sedan provides superior quality and reliability without breaking the bank. Whether you prioritize cutting-edge technology or a comfortable interior, the Mazda 3 has something for everyone.

Moreover, the Mazda 3's reputation as one of the best sedans under 40k in 2023 is well-deserved. Its combination of smart design, advanced safety features, and fuel efficiency makes it stand out among its competitors. Whether you're commuting to work or embarking on a cross-country adventure, the Mazda 3 ensures a smooth and enjoyable ride.

Hyundai i30

The Hyundai i30 is a compact sedan that has gained a strong reputation in the Australian market. With its European-inspired design, this sedan offers a spacious interior and an attractive price point, making it a popular choice for budget-conscious buyers. Available in multiple trim levels, the Hyundai i30 provides a variety of engine options to cater to different preferences, giving you plenty of choices within the under 40k range. Whether you're looking for a reliable daily driver or a stylish sedan that offers great value for money, the Hyundai i30 is worth considering.

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    Kia Cerato

    The Kia Cerato is a worthy contender in the small-car segment. It offers a good balance between functionality and sportiness, making it a popular choice among buyers in Australia. With its attractive design and spacious interior, the Cerato provides a comfortable driving experience for both the driver and passengers. Whether you're looking for a sedan for your daily commute or weekend adventures, the Cerato delivers on both style and performance.

    Noteworthy Features of the Kia Cerato:

    • Advanced safety features to ensure peace of mind on the road
    • Intuitive infotainment system with Apple CarPlay and Android Auto compatibility
    • Efficient engine options for enhanced fuel economy
    • Comfortable seating and ample legroom for a relaxing ride
    • Generous cargo space for all your belongings

    With its affordable pricing, the Kia Cerato is a top pick among sedans under 40k in Australia for 2023. Whether you're a young professional, a small family, or a budget-conscious buyer, the Cerato offers a compelling package that combines value, style, and practicality. Experience the Kia Cerato for yourself and discover why it's a popular choice among Australian car buyers.

    Toyota Corolla

    The Toyota Corolla sedan is a practical and efficient choice for buyers in the under 40k price range. It offers a range of trim levels, including hybrid options for added fuel efficiency. The Corolla sedan is known for its reliability and practicality, making it a great choice for everyday driving.

    Audi A3

    The Audi A3 is a luxury sedan that offers a premium driving experience. With its sleek and stylish design, the A3 stands out from the crowd. It comes with a range of features and trim levels, including turbocharged engines for added performance. The Audi A3 is a great choice for buyers looking for a true luxury car in the under 40k price range.

    Hyundai Sonata

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    The Hyundai Sonata is a midsize sedan that offers a spacious and comfortable ride. Whether you're commuting to work or taking a road trip, the Sonata provides ample room for you and your passengers to stretch out and relax. With its sleek and modern design, the Sonata turns heads wherever you go.

    When it comes to performance, the Sonata doesn't disappoint. With its range of engine options, you can choose the one that suits your driving style. From fuel-efficient options for daily commuting to more powerful engines for those who enjoy a spirited drive, the Sonata has something for everyone.

    Reliability is a key factor when choosing a car, and the Hyundai Sonata delivers. Known for its dependability, the Sonata is designed to go the distance, ensuring peace of mind for years to come. Regular maintenance and servicing will keep your Sonata running smoothly, allowing you to enjoy your time on the road.

    Practicality is another strong suit of the Sonata. With its spacious trunk and folding rear seats, you'll have plenty of room for groceries, luggage, or anything else you need to transport. The Sonata also comes with a range of modern features and technologies, keeping you connected and entertained on every journey.

    Key Features of the Hyundai Sonata:

    • Spacious and comfortable interior
    • Range of engine options to suit different preferences
    • Dependable and reliable performance
    • Practical trunk space and folding rear seats
    • Modern features and technologies for convenience and entertainment

    If you're in the market for a midsize sedan under 40k, the Hyundai Sonata is definitely worth considering. With its combination of space, comfort, performance, and practicality, the Sonata offers great value for money. Visit your nearest Hyundai dealership to experience the Sonata for yourself and make an informed decision that suits your lifestyle.

    Kia Optima

    The Kia Optima, also known as the Kia K5, is a midsize sedan that offers a blend of style, performance, and value. With its sleek design and comfortable interior, the Optima is a top choice for buyers looking for a midsize sedan under 40k in 2023.

    One of the standout features of the Kia Optima is its range of trim levels and options. Whether you're looking for a basic yet well-equipped model or a higher-end variant with advanced technology and premium materials, the Optima has something to suit your preferences.

    The Optima is powered by a range of turbocharged engines, providing strong performance and efficient fuel economy. From daily commuting to long road trips, the Optima delivers a smooth and comfortable ride, making it a great choice for both city and highway driving.

    In terms of safety, the Kia Optima is equipped with a comprehensive suite of advanced driver assistance systems. From forward collision warning to blind spot monitoring, these features help to keep you and your passengers safe on the road.

    Overall, the Kia Optima is a midsize sedan that ticks all the boxes. Whether you're looking for style, performance, or value, the Optima delivers on all fronts. With its affordable price tag, the Optima is a compelling option for those looking for a midsize sedan under 40k in 2023.

    Volkswagen Jetta

    The Volkswagen Jetta is a compact sedan that offers a premium feel and German engineering. With its comfortable ride and stylish design, the Jetta stands out in its segment. Whether you're commuting to work or going on a road trip, the Jetta provides a smooth and enjoyable driving experience.

    The Jetta is packed with features to enhance your driving comfort and convenience. From its advanced infotainment system to its versatile seating options, the Jetta is designed with the driver in mind. Its spacious cabin provides ample legroom and headroom for both the driver and passengers, ensuring a comfortable journey every time.

    When it comes to safety, the Jetta has you covered. It is equipped with a range of advanced safety features, such as blind-spot monitoring, adaptive cruise control, and forward collision warning. These features not only help to keep you safe on the road but also provide peace of mind.

    With its competitive pricing, the Jetta offers excellent value for money. Whether you're a first-time car buyer or looking to upgrade your current vehicle, the Jetta is a great choice for those seeking a reliable and stylish sedan under 40k.

    Key Features:

    • Premium feel and German engineering
    • Comfortable ride and stylish design
    • Advanced infotainment system
    • Versatile seating options
    • Ample legroom and headroom
    • Advanced safety features

    Experience the Volkswagen Jetta for yourself and discover why it's one of the top sedans under 40k for 2023. Visit your nearest Volkswagen dealership and take a test drive today!


    If you're on the lookout for the best four-door sedans in Australia for 2023-2024, you're in luck. A plethora of options awaits, catering to diverse preferences and budgets, be it for a lively daily commuter or a midsize luxury choice. Whether you prioritize a small sport sedan's nimble handling, a true four-cylinder fun-to-drive experience, or a larger-than-subcompact interior, the market offers a lot of choices.

    For those inclined towards luxury without straying beyond the front-wheel drive, the Audi A3 emerges as a top-ranked option. Its sleek design, turbocharged engines, and modern features blend performance seamlessly, making it a respectable choice for those who seek a bit less conventional luxury car status.

    The Toyota Corolla, recognized for its reliability, offers a small car experience with a cost-cutting approach that isn't invisible. While the interior doesn't measure up to midsize luxury standards, it provides added interior space, making it a potential game-changer for those seeking a practical, four-cylinder sedan.

    In the realm of midsize luxury, the Hyundai Sonata has caught the eye, particularly with its optional 2.7-liter engine. Though it might lack some of the opulence found in more expensive BMW models, it compensates with a bang-for-buck approach, proving that luxury can be achieved without breaking the bank.

    The Mazda 3, a top safety performer, provides a lively daily commuting experience and stands as a popular choice, according to Cadillac. Despite having a bit tighter rear seat, the Cadillac CT4 remains a true four-door sedan with power that is plentiful, and it ranks among the best sedans in its category.

    Navigating through a lot of choices, the Kia Optima, now part of the N Line, presents itself as an alternate rotary controller in the sedan market, offering a bit less-special interior without compromising on quality compared to its competitors.

    TrueCar has ranked the best sedans for the 2022 model year, encompassing popular used and new cars. Before heading to the dealership, it's crucial to research cars thoroughly, keeping in mind on-road costs and the Manufacturer's Recommended List Price (MRLP) stated. Be aware of dealer delivery and stamp duty, ensuring you get the most bang for your buck. With a well-informed list, you can confidently explore sedan reviews and related vehicle rankings, making a sound choice for your next four-door companion.

    How Driva Can Help You Finance Your Next Vehicle Purchase

    If you're in the market for a new vehicle, Driva can help you finance your next purchase with ease. With transparent and no hidden fees, you can trust that you're getting a fair deal. Driva also offers personalised rates, so you can find a financing option that fits your specific needs and budget. Plus, Driva compares rates from over 30 lenders, ensuring that you'll get the best possible rate for your loan. This means you can save money on interest and have more flexibility when it comes to choosing your next vehicle. Whether you're in the market for a new or used car, truck, or SUV, Driva can help you secure the financing you need to drive away in your dream vehicle.

    What are the top 10 best sedans under 40k to buy in Australia for 2023-2024?

    The top 10 best sedans under 40k in Australia for 2023-2024 include the 2024 Cadillac CT5, 2024 BMW 2 Series, 2024 Audi A3, 2024 Cadillac CT4, and more. These sedans are ranked based on their performance, features, and value for money.

    What are some popular used sedan choices under 40k?

    Some popular used sedan choices under 40k include the Camry, Volvo S60, Genesis G70, and 2024 Cadillac CT5. These sedans offer a blend of performance, luxury, and reliability at an affordable price point.

    How can I research sedans starting at 40k for 2024?

    You can research sedans starting at 40k for 2024 by using online car comparison tools, reading professional car reviews, and visiting dealerships to test drive different models. It's important to consider your specific needs and preferences when researching sedans in this price range.

    What are the key features to look for in the best sedans under 40k?

    When looking for the best sedans under 40k, it's important to consider factors such as fuel efficiency, safety features, interior comfort, technology offerings, and overall driving performance. Additionally, assessing the warranty coverage and resale value can be beneficial in making an informed decision.

    How does the 2024 Cadillac CT5 rank among other sedans in its price range?

    The 2024 Cadillac CT5 is considered an entry-level luxury choice and has been ranked as one of the best sedans under 40k. It offers a compelling blend of performance, luxury features, and value, making it a strong contender in its segment.

    Are there any cost-effective sedans with a price under 40k for 2023-2024?

    Yes, there are several cost-effective sedans with a price under 40k for 2023-2024, including the Camry, 2024 Audi A3, and entry-level models from luxury brands such as BMW and Cadillac. These models provide a balance of quality, features, and affordability.

    What are some popular sedan models with four doors and a budget under 40k?

    Popular sedan models with four doors and a budget under 40k include the 2024 Audi A3, 2024 Cadillac CT4, 2024 BMW 2 Series, and the Camry. These models offer practicality and versatility for everyday use.

    Is the 2024 Cadillac CT5 considered a reliable sedan option under 40k?

    The 2024 Cadillac CT5 has been praised for its reliability and build quality, making it a respectable choice among sedan options under 40k. Its reputation for reliability and durability contributes to its appeal in the market.

    What are the top picks for popular sedans under 40k in 2023-2024?

    The top picks for popular sedans under 40k in 2023-2024 include the Genesis G70, Volvo S60, 2024 Cadillac CT5, and the Camry. These sedans have been recognized for their performance, comfort, and value within their price range.

    How do the 2024 BMW 2 Series and the Audi A3 compare as entry-level luxury sedans under 40k?

    Both the 2024 BMW 2 Series and the Audi A3 offer entry-level luxury features, performance, and style at an affordable price point. While the BMW 2 Series provides a sporty driving experience, the Audi A3 emphasizes elegance and advanced technology. Ultimately, the choice between the two depends on personal preferences and driving priorities.

    Philana Kwan

    Philana Kwan is the marketing coordinator at Driva she has a demonstrated history in customer service excellence and is knowledgeable in all things car and finance related. When she’s not working Philana enjoys learning new things and keeping up with the latest trends in marketing and technology.

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