Australia splurges on cars at EOFY sales, sets new sales record

Written by 
Bill Tsouvalas
Bill Tsouvalas is the managing director and a key company spokesperson at Savvy. As a personal finance expert, he often shares his insights on a range of topics, being featured on leading news outlets including News Corp publications such as the Daily Telegraph and Herald Sun, Fairfax Media publications such as the Australian Financial Review, the Seven Network and more. Bill has over 15 years of experience working in the finance industry and founded Savvy in 2010 with a vision to provide affordable and accessible finance options to all Australians. He has built Savvy from a small asset finance brokerage into a financial comparison website which now attracts close to 2 million Aussies per year and was included in the BRW’s Fast 100 in 2015 as one of the fastest-growing companies in the country. He’s passionate about helping Australians make financially savvy decisions and reviews content across the brand to ensure its accuracy. You can follow Bill on LinkedIn.
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, updated on November 25th, 2021       

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If you were one of thousands of Australians tempted by End of Financial Year sales last month, you are definitely not alone. Australians bought the largest number of new vehicles in June 2017 than any comparable time in our history, according to the Federal Chamber of Automotive Industries.

Official figures, collated by the Australian Bureau of Statistics, show a whopping sale of 134,171 vehicles, up 4.4 per cent on the same month last year and the third record June in a row. (Note: this does not mean registrations.)

Toyota Is Hooked on a Winning Feeling

Japanese based car manufacturer Toyota was Australia’s top selling marque, selling 24,546 vehicles – or about one out of every five vehicle purchased during the June sales period.

The Toyota Rav4 also placed eighth overall in the Top 10 cars sold tally. The Camry didn’t fare too badly either; finishing seventh. Their “staple” small-size sedan the Corolla was third most popular new car sold.

The Toyota HiLux and Ford Ranger utes were the top two sellers overall. Sales of the Toyota HiLux ute gained 18.4%, with the Ford Ranger soaring to 23.8%.

Utes are usually a big seller during EOFY, as tradies and sole traders look to maximise their tax-time write-offs.

Australians get a taste for the compact SUV, Mustang

The “baby” or compact SUV segment was also a big boon for carmakers, with the Hyundai Tuscon setting a new record for small SUVs. It also displaced the Mazda CX-5 as the most popular small SUV variant.

Another surprising figure is the sales of Ford Mustang sports cars, topping the $80,000 or greater category with 1,276 sales. The next car, the Hyundai Veloster, finishes a distant second at only 322 sales.

Commodore still captures Australian hearts

There’s no denying the Holden Commodore in its waning months of local assembly is the large car of choice for Aussies. It sold 2054 cars in EOFY sales, leaving the Toyota Aurion in the dust with only 358 sales. The Czech mate Skoda Superb trounced the Ford Falcon, selling 112 more cars than the Americans. Perhaps it should be Holden vs. Toyota now?

Luxury segment is all E-Class

The crown for Saloon vehicles over $70,000 goes to the Mercedes-Benz E-Class. It’s also a run of the Germans claiming the top 3 – the BMW 5 Series at #2 and Audi A6 at #3. A surprise entry at #4 is the Maserati Ghibli, the stunning, stylish roadster by the Italians. The Jaguar XF and Lexus GS tied for #5. With the sales now long over, we hope you nabbed a bargain!

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