Shock price! The smallest Skoda is no longer the cheapest with the price of the 2023 Skoda Fabia Monte Carlo Edition 150 now rivaling the Audi A1

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Skoda’s smallest car is no longer its most affordable, as the Czech marque revealed pricing and specs for the new Fabia ahead of the five-door hatch’s arrival in August.

Available only in the top-of-the-line Monte Carlo Edition 150, the 2023 Fabia can be had for $37,990 drive-away – a nearly $20,000 jump from the recommended retail price (before road charges) of the previous entry-level 1.0-litre 70TSI Fabia.

Although the price is steep for a Fabia, the Monte Carlo Edition 150 comes equipped with a long list of features.

Learn more about the Skoda Fabia

Standard features include a 9.2-inch Amundsen multimedia screen with satellite navigation, wireless Apple CarPlay and Android Auto, six-speaker stereo, 10.25-inch digital instrument cluster, phone charger wireless, a digital radio with a six-speaker stereo, heated front seats, proximity key and push-button start, and dual-zone climate control.

The badged Fabia Monte Carlo Edition 150 has a sporty look with its 18-inch Black Libra alloy wheels, gloss black grille, roof spoiler, rear diffuser, tinted glass, aluminum door sills, sports seats with integrated headrests, its three-spoke sports steering wheel and aluminum pedals.

Not just a matter of looks, the Monte Carlo Edition 150 has sporty suspension and the most powerful engine in the Fabia range – a 110kW/250Nm 1.5-litre four-cylinder turbo petrol engine with a twin-speed automatic transmission. seven-speed clutch.

Safety features include AEB with pedestrian and cyclist detection, rear traffic alert, lane keep assist, blind spot detection, forward and reverse maneuver braking, adaptive cruise control , front and rear parking sensors, rear parking camera and six airbags.

The $37,990 drive-in price makes the new entry point in the Fabia more expensive than the $25,250 before the on-road cost starting price of the Volkswagen Polo, which shares the same underpinnings.

Skoda Australia Brand Manager Michael Irmer justified the price and said that the Monte Carlo Edition 150 still lives up to the brand’s philosophy of providing excellent value for the customer.

“Perhaps no new model epitomizes Skoda’s journey to Australia better than the new Fabia Monte Carlo,” he said.

“Far from being a European budget sticker as it was initially perceived, last year the average drive-up price of a new Skoda was $52,000.

“Skoda’s value lies in providing the most metal, the very latest technical sophistication and the best lifetime ownership proposition for the money. We launched the next-generation Fabia in its top-of-the-line configuration because it is what our customers tell us they expect from a Skoda.

“The Monte Carlo Edition 150 features all available equipment and technical refinements, at an affordable price and the best lifetime accessibility of any European marque.”

Buyers looking for a more affordable Fabia shouldn’t give up hope, but they may have to wait, with Mr Irmer hinting that once the Monte Carlo Edition 150 is installed in Australia, a cheaper lower grade could be added to the lineup.

Can’t wait? Well, buyers may also be able to get into a larger Skoda now for less than the $37,990 Monte Carlo Edition 150 car price. The small Scala wagon starts at a list price of $31,990. $before road charges, the small Kamiq SUV starts at $34,690, and even the entry Octavia wagon lists for $35,190.

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