Whether in the market for a workhorse, a family-friendly SUV, or a budget EV, buyers can get great prices and deals on new cars at the moment with plate clearance sales on MY24 vehicles. Clearances are being offered from top-selling brands including Ford, Mazda and Mitsubishi on various models across their range. Deals currently available include price discounts, cash backs, gift cards and free extras.
But buyers may need to be fast and well-prepared as clearances are subject to stock availability and/or time limits. Securing car loans before heading to the dealership can place buyers in pole position for getting their vehicle of choice, as deals may be limited to certain model variants. Where the clearances offer a price cut, that means a lesser amount may be required for the car loan which may flow through to other finance benefits including lower rates. Check out the clearances currently available and submit your application for pre-approved car finance so you don’t miss out.
What are plate clearance sales?
Plate clearance sales are events by car brands offering discounts and special deals on current year models to clear stock prior to the next year models arriving. The ‘plate’ is an automotive industry term which signifies the year the vehicle was manufactured in the source country. The deal offered may take the form of a discount on the RRP, a cash back with purchase, added extras at no charge and other offers. Clearances are on the current year models, ie MY24, and may be limited to certain vehicles. As these events are clearing stock, availability is limited to only the number of vehicles available and possibly to the specific number available through individual dealers.
Deals may not be across the entire range and specific offers can be different for different models. Demo (demonstrators) models may be included in the clearances. These are particular cars which dealers have used over the year to demonstrate features to buyers. Such vehicles often have accessories included and while they will have some mileage, possibly 500klms, they can present excellent value buys.
Plate Clearance Sales Now On
We’ve done a quick browse of clearances now available and present some of the best for buyer consideration.
After being in high demand and topping sales charts in 2024, it’s hard to believe that some Ford Ranger variants are current subject to special deals as are MY23 F-150s and Transit Vans. The deal from Ford is a gift card in the form of a credit card valued at $2K-$8K, depending on the particular model. While not a price discount, this type of deal may be considered as a cash back and free up other funds to go towards a car deposit. Bonuses are available on two extremely popular Mazda SUV models - the CX3 and CX5. As a great workhorse, businesses may like to look at the deals currently available on the VW MY24 Amarok.
Nissan has a great selection of deals on many models in their range. A cash back of up to $8K is available on some variants of the Navara, up to $5K on some X-Trail and Qashqai vehicles and discounts on other vehicles. The Nissan Leaf may present a great current buy for those looking for a small-sized electric car. For popular cab chassis and SUVs, head to Mitsubishi for great offers on Eclipse Cross, Triton and Pajero Sport
Outlander. If you’re a member of an NBL Club, you’ll even get an extra deal as Mitsubishi is a partner with the competition. At Hyundai you’ll find bonus offers and price reductions are available on selected Honda SUVs.
With all special deals and offers, buyers should refer to the terms and conditions to ensure they suit the individual and confirm availability in their state, city or through their local dealership.
Where clearances involve the buyer committing to finance through that dealer or manufacturer, we recommend looking closely at the finance deal, comparing the rates and conditions with our offers, to ensure it is the best you could be offered. Our Finance Calculator may be extremely useful in these situations.
Fast Car Loan Approval for Plate Clearance Sales Vehicles
Clearances allow buyers to capture deals on new vehicles. While that model may be about to be surpassed by a newer model, the cars are brand new and eligible for new car finance. For private buyers that will mean our Secured Car Loan and for businesses, their choice of asset finance product.
New cars attract the best rates and with the car securing the loan, lenders may be ready to approve higher borrowing limits. A scenario which may mean no deposit finance approval which may free up money for other purposes.
All types of car loans can be approved prior to purchase to ensure buyers are ready to commit and secure the vehicle of their choice. We can get most applications approved within 24 hours to assist buyers to maximise the opportunities available with these sale events.
Avoid disappointment! Secure your plate clearance sales vehicle finance now through Jade 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.
