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PMC's Aussie Car Blog

August 2019 New Car Sales Review - Part 1

With a slightly better performance for new car sales during July – notwithstanding the numbers were still down year-on-year – there was some optimism heading into August. That hope was short lived however, as reforms to lending criteria have effectively dried up successful car loan applications. It comes at an ironic time, with rates set to drop even further beyond their current all-time low. If condition...

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Different State? Different Price. Cheapest States and Territories Revealed

For the first time in Australia, the prices people pay for new cars has actually been revealed on a state & territory basis proving that where you live does have a big impact on what you'll end up paying for a new car. Not only that we've crunched the numbers and broken it down by make to see what variance individual car makes have throughout the country.  It makes for some fascinating reading. But let's s...

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New Car Pricing Transparency

Before making any purchase, one of the first thinsg to consider is the cost.  What will I need to pay?  Or more precisely what's the least I need to pay - what's a good deal? For almost all industries, this information can be quickly gleaned using the internet. For household products you might look at Ebay, Google Shopping or Amazon. Choose the product and you'll see a range of prices from different selle...

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July 2019 New Car Sales Review - Part 1

There has been no shortage of publicity as far as the state of the new car industry. In what has become a self-perpetuating cycle of sorts, the sector appears to well and truly be in a rut. For all the things that lend weight to now being a great time to pick up a new car, buyers still haven’t been able to shake their nerves and open their wallets. Have we reached a peak in sales, or is this the breather the ma...

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How do Australian New Car Prices Stack Up on a Global Scale?

With this year’s car sales already well down on the tally recorded during 2018, it’s easy for analysts to start pointing the finger towards potential reasons behind the slump. Sure, some considerations relate to the economic downturn that has been tied to deteriorating house prices, but with interest rates at record lows, and local wages quite high even if stagnant in recent times, it begs the question as...

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June 2019 New Car Sales Review - Part 1

For all the enthusiasm that greeted the industry at the start of the year, things have quickly soured as a series of headwinds prove difficult to overcome – the most recent of which, could be luxury car taxes at a state level. Never mind the record low interest rates, which make it more affordable than ever to purchase a new car, broader consumer sentiment is near its worst levels for some time. Total new car...

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