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Over the past five years, however, a lot has changed. Five of the 15 budget light cars on sale in 2017 have been axed – including the Hyundai Accent and Honda Jazz – while the Ford Fiesta, previously available in a number of sub-$20,000 budget variants, is now offered as a $35,000-plus drive-away hot hatch only.

As for the Toyota Yaris… Its base price rose by up to $9000 drive-away with the arrival of an all-new model in 2020 (the first in a decade), due to a new platform, larger and stronger body, new engine and interior, front-centre airbags and, crucially, the fitment of AEB, lane-keep assist, rear cross-traffic alert and adaptive cruise control on all models.

In the end, no matter how you look at it, the era of the $20,000 new car is nearly over. Whether it’s killed by safety technology, COVID-19, rising inflation, electrification or any other factor… Enjoy your Kia Picantos and MG 3s while they last.

Alex Misoyannis

Alex Misoyannis has been writing about cars since 2017, when he started his own website, Redline. He contributed for Drive in 2018, before joining CarAdvice in 2019, becoming a regular contributing journalist within the news team in 2020.

Cars have played a central role throughout Alex’s life, from flicking through car magazines as a young age, to growing up around performance vehicles in a car-loving family.

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