PHEV price buster! Mazda slashes cost of entry to electrified CX-60 by thousands of dollars
Mazda has slashed its admission price to the plug-in hybrid CX-60 SUV medium SUV by thousands of dollars, just as PHEV tax breaks are ending.
The cheapest CX-60 PHEV is now offered as part of the new entry-level Pure grade and is priced at $63,290 plus on-road costs.
Previously, based on the latest price lists, the cheapest plug-in CX-60 was the $73,850 plus on-road costs Evolve.
But even at its new reduced price the cheapest CX-60 is still much more expensive than PHEV rivals such as the entry-level BYD Sealion 6 Essential ($42,990 plus on-road costs) or Jaecoo H7 SHS ($47,990 drive-away)and is also undercut by the Mitsubishi Outlander ($57,290 plus ORCs).
The price of CX-60 2.5-litre petrol PHEVs have been slashed along with the orthodox six-cylinder petrol and diesel 48-volt mild hybrid models as Mazda looks to reboot the medium five-seater in Australia.
Pricing for the new Pure G40e petrol starts at $53,990 drive-away as an introductory offer.
Back in 2022 the cheapest CX-60 was $59,800 plus on-road costs as Mazda sought to reposition itself as a premium brand.
Essentially, the CX-60 has been criticised as being over-priced and an underwhelming drive since its local launch.
Mazda has already gone through one round of CX-60 updates and is going again with more substantial suspension retunes and the addition of the Pure and mid-spec Touring grades.
These are added to the existing Evolve, GT and Azami trim levels.
All five grades offer all three powertrains and are all-wheel drive.
PHEV tax cuts provided via fringe benefits tax exemptions ended April 1 and have had an immediate impact on sales.
According to VFACTS, 2601 PHEVs were sold in April 2025 compared to 6932 in March. However, they are still well up on 12 months ago.
Changes to the CX-60 include a softer rear suspension tune, recalibrated stability systems, revision to the eight-speed automatic transmission and additional safety equipment.
Powertrains remain unchanged, which means the PHEV still makes a meaty 241kW/500Nm, claims a theoretical average fuel consumption of 2.1L/100km and offers an EV-only range of 76km.
