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Car Sales are still on the rise – 11.1% Increase on 2020

You can feel it in the air – the feeling of consumer confidence. People across Australia are enjoying more stability and feeling increasingly confident to make substantial purchases like houses, caravans and cars. This was evident in the recent release of the January New Car Sales results by the Federal Chamber of Automotive Industries (FCAI).

Official new-car sales figures for January 2021 show 79,666 vehicles were reported as sold, an increase of 11.1 per cent compared to the same month last year – and the best January since 2012 prior to the pandemic.

It is also the third month in a row of double-digit growth in car sales as travel restrictions are eased and dealers continue to fill backorders. We also saw a 25.4% increase from private buyers consisting mainly of SUV purchases, compared to January 2020.

 

Here are the front runners in new car sales in January 2021:

 

The Top 10 Cars

Toyota HiLux (3,913)

Ford Ranger (3,120)

Toyota RAV4 (3,066)

Toyota LandCruiser (2,388)

Mazda CX-5 (2,081)

Toyota Corolla (2062)

Hyundai i30 (1952)

Mitsubishi Triton (1908)

Isuzu D-Max (1822)

Nissan X-Trail (1593)

Kia Cerato (1545)

 

Dealers are still predicting stock shortages due to a rise in demand and restrictions in production, so we recommend our customers use the Platform Direct Car Buying Service to help navigate the purchase process. Our consultants can make unbiased recommendations on makes and models based on your needs and stock availability. We can also arrange finance pre-approval to help secure your order early.

 

Here are some helpful links:

Car Buying Service

Calculate your Car Repayments

Apply for Pre-Approval on your Car Finance

Contact our helpful Finance Brokers

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