January 19, 2016
2015 was a record breaking year for sales of new cars, SUV's and commercial vehicles in Australia with over 1.1million new sales.'
These favourable market conditions for buyers were in part assisted by a period of stronger AUD, lower interest rates, strong competition amongst manufacturers and vehicle finance lenders.
Recent declines in overseas share markets, some negative economic reporting overseas ,together with a weakening downward trend in the AUD can create confusion for new car buyers. A weaker AUD usually translates to higher cost of a vehicle import and at some point this may reflect in higher pricing for new vehicles.
However, at present sales competition remains strong and interest rates low.
Please give us a call if you are thinking of purchasing that new vehicle, as we welcome the opportunity to find the best finance option to make that special purchase a reality for you.