June 2022 New Car Wait Times: Part 1

Following the launch of our new car delivery date estimator, you can now stay informed regarding all the delays and wait times affecting the Australian new car market. 

Whether you are in the market for a specific model, or keeping your options open, our handy tool will provide you with a comprehensive snapshot of wait times by brand, model, state, and even vehicle body type.

In addition, we are delighted to bring to you this monthly piece that wraps up all the latest movements across the market, helping you improve your new car buying experience by responding to the latest developments. After all, not everyone has the patience to wait more than 200 days for a new car!

On that note, here are the key developments from June.

New car market wait time

New car wait times continue to blow out, with yet another monthly increase in delays for vehicles across the country. Whereas the average wait time at the end of April was 146 days, that has now risen by 9 days to a total of 155 days. 

The increase in June is the joint-highest month-over-month gain we have seen across the PriceMyCar platform since we started collecting data on delivery dates. The other occasion where the average wait time grew as much as it did last month was back in March, 2022. This recent data puts a line through the notion that things may have gradually been getting better.

A year ago, the corresponding average wait time was just 89 days, while in 2020 new car buyers were looking at a 34 day period, on average, before they could take stock of their vehicle. Once again, scarcity of stock is proving to be the biggest headwind for sales across the industry, with supply chains still reeling from the effects of lockdowns in China, parts shortages, and other logistical bottlenecks.

Makes and models with the longest wait times

Land Rover is still the brand with the longest average wait time, although we’re running on data from April at this point, which suggested a 298 day delivery delay for new cars. Given the increase in wait times since this period, there is little reason to believe Land Rover’s supply chain woes have improved, with component shortages hampering production of this British brand.

Wait times for Isuzu crept higher last month, rising from 280 days at the end of May, to 289 days at the end of June. This is significantly higher than a year ago, with a near 200-day delay on top of what was already a long wait. 

Meanwhile, there was another increase in wait times for Toyota, up from 215 days at the end of May to 235 days by the end of June. This increase has been driven by yet another setback at the company’s manufacturing facilities in Japan, with production for June, and even July taking a large hit.

Rounding out the top five, Volkswagen and Kia retain their positions as two of the brands with the longest wait times across the new car market. Whereas Kia posted its third consecutive improvement, now down to an average wait of 182 days versus a peak of 202 days, it was a different story for Volkswagen, which returned to a record high of 205 days.

 

Brand

Wait time

Change
(1 month)

Change
(12 months)

Land Rover

298 days

N/A

N/A

Isuzu

289 days

+9 days

+196 days

Toyota

235 days

+20 days

+110 days

Volkswagen

205 days

+13 days

+96 days

Kia

182 days

-4 days

+65 days

 

With a near two-and-a-half month increase in wait times during June alone, the Ford Transit is the model with the longest delivery time across the entire new car market. New car buyers eyeing a Transit are now looking at an eight month period before they can secure a unit, which is by far and away a record wait for this particular make and model. 

Isuzu’s woes have been captured by the fact that its only two cars on sale across the Australian market are both within the top five for longest average wait times. 

But even some of the market’s biggest names are susceptible to supply chain constraints. The average wait time for a Toyota RAV4 rose to 297 days last month, and that is almost five months longer than you would have been waiting this time in 2021. This particular model has been one of the most popular SUVs to come out of the Japanese manufacturer’s stable, so the disruption to Toyota’s production in Japan has weighed on the RAV4, not to mention other models like the Land Cruiser and Yaris.

The Volkswagen Passat again features among the models with the longest wait time, with the German brand’s manufacturing operations yet to show any real signs of improvement. Global supply chain constraints remain the most pressing issue.

 

Model

Wait time

Change
(1 month)

Change
(12 months)

Ford Transit

325 days

+76 days

+215 days

Isuzu MU-X

302 days

+11 days

+226 days

Toyota RAV4

297 days

+4 days

+148 days

Isuzu D-Max

275 days

+14 days

+148 days

Volkswagen Passat

274 days

Unchanged

+195 days

 

With average wait times across the market continuing to worsen, it’s no surprise there are increasing delays for a number of brands. This includes Suzuki, with an 84% increase compared with May, LDV, up 60%, while Mercedes-Benz and Ford wait times rose 46% and 30% respectively.

 

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