Budget-conscious buyers look no further.

Buying a new car is the second-most expensive purchase most of us will ever make, behind the family home. A recent survey by Australian consumer site Canstar Blue found that Aussies spend, on average, $40,128 on a new car and then hold onto that new car for around six years.

Canstar’s research went further, breaking down the average new car cost by segment and brand. The average spend on a small car was $27,092 while sedan owners spent an average of $37,846 on their new purchase.
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