Buying a new car? Model inspo and finance insights. - Jade Finance
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Buying a new car? Model inspo and finance insights.

When buying a new car, buyers can find inspiration from car sales figures and professional finance assistance for motor vehicle loans from brokers Jade Finance. Purchasing a new vehicle can be a big move for many buyers and, where finance is required, a move to be carefully considered from every angle. Deciding which vehicle to buy can be a fun but challenging experience. The Australian market offers buyers a vast selection of makes and models across the price spectrum.

There are some broader issues to take into account when choosing a new car at the moment. The new NEVS – National Electric Vehicle Strategy has come into effect, and this has the potential to leas to changes in the types of vehicles available in Australia. Manufacturers may discontinue some petrol and diesel vehicles to avoid penalties, and/or buyers may see price increases for these vehicles as manufacturers are hit with penalties. Options in the low emission segment are expected to increase.

From a finance perspective, after a long run of interest rate holds from the RBA, a rate cut was announced in March. Further cuts are highly anticipated this year, and if they materialise, will most likely flow through to the motor vehicle lending market. Leading to lower motor vehicle financing interest rates. For purchasers buying a new car now, we report on the top selling models for March as inspiration and provide our expert insights on securing affordable motor vehicle finance.

Latest Top Selling Cars

To coincide with Ford celebrating 100 years in Australia and announcing the new Ranger Super-Duty model, the current Ranger took over the top spot in the sales figures for March 2025. As reported by the FCAI, the Ranger tipped the RAV4 from number best seller for the first time in a few months. The Toyota HiLux continued to maintain popularity with buyers, as the third best seller.

Others in the top 10 selling vehicles for the month included the Mitsubishi’s  Outlander, Toyota’s Prado, the Shar 6 from BYD, Everest, D-Max, MG’s XS and Hyundai’s Kona. Toyota maintained its lead as the top selling brand ahead of Ford, then came Mazda, Kia, Mitsubishi, BYD, GWM, Nissan and MG.

In some of the very popular SUV categories, the top sellers for the month, in addition to the top 10 overall mentioned, included the Mazda CX3, Toyota Yaris Cross, BMW X1, Kia Sportage, VW T-Rox, BMW X5, and Range Rover Sport. The HiLux, Ranger, D-Max, BT-50 and BYD Shark 6 filled the top 3 spots in the ute categories.

In announcing the March results, the FCAI notes that the sales of EVs are not moving at a pace which would meet the NEVS long-term targets. Australians are still not taking up EVs in big numbers. For those that are ready to move to a low emission vehicle, Australians now have 89 models to choose from. Get browsing and compare pricing in car loan terms using our Finance Calculator.  

Possible Deals with Discontinued Models

Manufacturers regularly phase-out models for various reasons. A run-out sale is clearing the remaining stock of a particular model to allow for the new version. But the introduction in Australia of the NEVS may see the discontinuation of some models entirely from a brand’s line-up in the local market. The NEVS is being seen as a reason that manufacturers may phase out some of their petrol and diesel models to avoid penalties. Kia is one brand that is reported to be making changes to supply of some of its vehicles and supply timing due to the new rulings. 

For buyers, this may represent the opportunity to capture a good deal on the last stock of some models. Buying a model that is being discontinued for sale in Australia does not mean being left high and dry in regard to servicing. Most manufacturers provide servicing and parts for many older models, well after they are no longer available for sale. After all, used vehicles which are several years old can still be serviced.

Buyers can keep an eye on news from their preferred brands to see what deals may be available. If you do have a preferred model which you feel may be discontinued, it may be wise to act quickly to secure your vehicle. Also, not far ahead will be the traditional end of financial year clearances. This can be a great time to score a discount on the purchase price of new cars.

Finance Considerations when Buying a New Car

Most new car buyers require finance, and the loan can be as important as the vehicle when it comes to the final purchase decision. Car finance is available for private and business buyers through banks, finance companies, dealers and vehicle manufacturers, plus through brokers such as Jade Finance. The difference with what we can offer compared with the other sources is a great selection of lenders and a greater opportunity to secure the most competitive rates and overall loan offer.

Business buyers should consider the tax benefits of different business credit products to suit their business set-up and objectives. All buyers will be considering the interest rate market with rate cuts a possibility in coming months.

Two things to mention with rates: first, is the rate on your loan fixed or variable? Fixed rates do not change over the term while variable rates can change. Secondly, if you hold off on buying in anticipation of a rate cut, how much would a cut of say 0.25% mean to your loan payments? How would any potential savings balance out with any possible increase in the price of the vehicle during your waiting time? Some interesting scenarios to consider.

Buyers can easily access our Car Finance Calculator online to carry out a range of calculations to compare vehicle prices and get loan estimates.

When buying a new car, connect with Jade Finance online or by phone 1300 000 008 for prompt attention in sourcing affordable vehicle finance.

DISCLAIMER: NO LIABILITY IS ACCEPTED IF ERRORS OR MISREPRESENTATIONS ARE FOUND IN THIS ARTICLE. THE ARTICLE IS PREPARED AND PRESENTED FOR GENERAL INFORMATIVE PURPOSES AND IS NOT INTENDED TO BE THE SOLE SOURCE OF INFORMATION FOR MAKING FINANCIAL DECISIONS. THOSE REQUIRING GUIDANCE AND ADVICE SHOULD CONSULT A FINANCIAL ADVISOR.