Sweden is known for its many innovative and affordable cars. The country’s automakers have long been at the forefront of producing fuel-efficient, reliable vehicles that are affordable for the average person. While there are classy and expensive models on the market, there are also budget-friendly options that offer great value for money.
Some of the cheapest new cars you can buy in Sweden include:
- Renault Clio 0.9 TCE at 80,000 SEK
- Peugeot 208 at 84,000 SEK
- Skoda Fabia 1.0 at 87,000 SEK
- Hyundai i20 1.2 at 89,000 SEK
Owning a car is convenient, given you can move around on your schedule. For some people, a private vehicle might be necessary, especially if they live in a beautiful remote nearby in Sweden.
In this article, we compare the prices of new and used cars to help you decide on the cheapest car based on your budget. When thinking of owning a car in Sweden, read our guide on the cost of car ownership in this country to see if you can afford it.
Cheapest cars to buy in Sweden in 2023
Before you start your search for a car in Sweden, consider the main aspects that affect the final price of the vehicle, including:
- Year of manufacture
- Mechanical condition
Generally, the older the car, the cheaper it is sold for, due to the progressive loss of car value over time.
Also, smaller cars cost less compared to bigger ones. If you want to get the most for your buck, consider buying a small, fuel-efficient car that is 3-4 years old.
That said, in 2023, some of the cheapest small car models in Sweden include:
Renault Clio is the cheapest small car in Sweden in 2023 at 80,600 SEK. The price quoted in the table above includes insurance, purchase price, and taxes.
To find your perfect car in Sweden, you need to know where to look. Here are the top Swedish used car websites where you can shop around.
Although Volvo came in second as the cheapest small car in the country. Statistics on the number of vehicles sold in 2020 in Sweden show that most people prefer a Volvo:
The price of the car will also be affected by whether you go for a new or used car. Used cars are cheaper compared to new ones. The number of years the vehicle has been on the road will affect the price.
Mostly used cars will range between 20,000 SEK and 70,000 SEK. The vehicle’s overall condition will influence the price you agree on with the seller, including mechanical, interior, and exterior aspects.
A new car in Sweden costs from 140,000 SEK to over 1,050,000 SEK, depending on the brand, version, and tax rates.
Cheapest new car in Sweden
The cheapest new car in Sweden is the small cars that fall within the price range of 150,000 SEK and 250,000 SEK. The least expensive brands under this category are the KIA, Hyundai, Renault, Volkswagen, Toyota, and Volvo.
KIA Stonic, Toyota Yaris, and Dacia Sandero are among the top new cars in Sweden.
The table below shows how the cheapest cars in Sweden compare:
|Toyota Corolla Sedan||215,000|
|Toyota Corolla Hybrid||245,000|
|Suzuki Kei Van||140,000|
The Suzuki Kei Van is among the cheapest car in Sweden; however, it’s not common among the Swedes, and its market penetration is low.
In addition to the purchase price, you need to evaluate the taxes and insurance chargeable to the car, as these are mandatory in Sweden when buying a new car.
You’re expected to pay customs and VAT in the country. The customs duty for a private car is 10%, while the VAT is 25%. The customs payable are calculated on several variables, including
- Freight charges
- Purchase price
- Handling costs when the car is in transit across the EU,
When buying the car as a collectible and it meets the criteria set out for collectibles, you’re only eligible to pay only the 12% VAT.
Fuel consumption is critical in evaluating the running cost of your car. While some vehicles may be low in price, their high fuel consumption makes them more expensive in the long run. For instance, the Dacia Sandero is cheaper, while its annual fuel consumption is higher than the KIA Stonic.
For bigger family cars, Volvo leads the country’s market in affordability. In 2023 the top big new cars include the Volvo XC40, Volvo XC60, KIA Niro, and KIA Cee’d.
The table below shows how the models compare in pricing:
|Vehicle model||Price (SEK)|
The process of buying a new car in Sweden is simple and straightforward. All you need to have is the financing part ready, including insurance, and the dealers will assist in making the purchase.
Related: How to buy a car in Sweden?
Cheapest used car in Sweden
The cost of a used car is mainly determined by its mileage and condition. A higher mileage attracts a lower price because it means more wear and tear.
The condition of the car also influences its price despite the model. For instance, an accident-free car will fetch more than one that had an accident.
A resale value of a car also influences the price it’s sold. Some car brands such as Volvo, Volkswagen and Toyota have penetrated the market in the country and, as such, have a higher resale value.
Some of the cheapest used cars in Sweden include:
1. Volvo S/V60
Since this car is the highest bought in the country, it’s readily available for resale. On average, when used, the car costs between 100,000 SEK and 300,000 SEK.
Below is a table showing different car prices based on year of manufacture, mileage and overall condition:
|2012||Volvo V60. 1.6 T4F||160,000||110,000|
|2015||Volvo V60 2.4 D4||165,000||143,000|
|2015||Volvo V60 2.4 D2||250,000||112,000|
|2019||Volvo V60 2.0 T8||91,000||380,000|
|2022||Volvo V60 2.4 D4 AW||100,000||150,000|
2. Volkswagen Golf
The Golf is among the cheapest used car in Sweden. Most of its enthusiasts swear by its minimal fuel consumption and low maintenance.
On average, the Golf will cost between 40,000 SEK and 150,000 SEK. The year of manufacture and the mileage play a key role in determining the resale value.
Below is a comparative table showing the different models and their prices:
|1997||Volkswagen Golf 1.7||130,000||20,000|
|2013||Volkswagen Golf 1.1||230,000||60,000|
|2015||Volkswagen Golf 1.1||150,000||90,000|
3. Dacia Sandero
Sandero is among the most common passenger cars in Sweden and across Europe. When used, the Sandero retails at approximately 50,000 SEK.
Here’s how the used Sandero compares in price over the years:
|2010||Darcia Sandero 1.2||70,000||45,000|
|2015||Darcia Sandero 0.9 TCE||130,000||44,500|
|2016||Darcia Sandero 0.9 TCE||45,500||80,000|
|2019||Darcia Sandero 0.9 TCE||65,000||94,000|
Cheapest electric car in Sweden
In 2021, Sweden had over 110,000 electric cars registered. The number has risen steadily over the years.
Due to the government incentives that encouraged citizens to buy electric cars, the number of these vehicles in Sweden has skyrocketed over the last few years, as seen below:
Some of the cheapest electric cars in the country include:
1. Volkswagen ID.3 Pro Performance
It’s a five-door hatchback with high road performance making it a favorite for EV enthusiasts. On average, it goes for between 300,000 SEK and 400,000 SEK, which is considered affordable compared to others with similar attributes.
The long battery life of about 60 kWh and a fast charge of approximately 80% in 45 minutes makes it a preferable brand.
2. Toyota Prius PHEV
The electric version of the Prius is an everyday car in Sweden, given its affordability and handling ease.
It falls between 250,000 SEK and 310,000 SEK, which is considerably affordable.
Being a hatchback, the Prius is spacious, and the flat load area makes it a convenient passenger car.
3. Nissan Leaf
The leaf is a favorite for electric enthusiasts looking to own their first plug-in car. Its small size makes it an excellent choice for running errands.
It has a maximum range of 226 miles, and its battery has a long life of about five years which is impressive for such a car.
Price-wise, the leaf is affordable, given that it goes for approximately 350,000 SEK when new. You could choose a used one whose range falls between 200,000 SEK and 260,000 SEK based on the year of manufacture.
The table below shows the price range of used Nissan Leaf that have different mileage coverage:
You might also consider leasing a car in Sweden instead of buying it.