TThe ongoing impact of widespread supply chain issues has hurt traditional automotive fiscal year-end (EOFY) sales, but there are still some deals ahead for 2022.
Typically, new car buyers can expect to purchase a vehicle before June 30 as vehicle manufacturers aim to clear as much inventory as possible before the new fiscal year begins.
However, the COVID-19 pandemic has led to widespread supply problems due to production and shipping restrictions, largely caused by a shortage of semiconductor chips, which has prompted many brands to raise vehicle prices — and junk deals.
The good news is that you can still find bargains if you’re looking to bargain on a brand new sedan, sports or lifestyle vehicle in Australia Audi, kia, peugeot and Skoda – although none are specifically referred to as “EOFY” savings.
A speaker for Mazda Australia said the company has offers for EOFY; Mazda 6, MX-5 and MX-30 buyers will need to check with their local dealership, however, as the brand does not currently offer fixed national drive-away deals.
Volkswagen Drive-away pricing is currently available for the entire Arteon line, but these prices range from $7500 to $9800 above the suggested retail price.
The news is less favorable for shoppers looking to shop at Alfa Romeo, BMW, Ford, Hyundai, Honda, Jaguar, Land Rover, Toyota and Volvo.
Honda believes EOFY sales are irrelevant given its “price promise” – having switched to a fixed-price agency model earlier in the current fiscal year – while the other brands said no deals are planned for 2022.
Which car is awaiting a response from Lexus for possible last-minute offers affecting the brand’s range of sedans, sports and lifestyle cars, including the ES mid-size sedan.
Meanwhile French brand Renault encourages shoppers to beat the price increase set for July 1, with retail prices rising by as much as $2210 across the range.
This year, Audi offers the 2022 A6 and 2022 A7 at an annual comparison rate of 3.98 percent through June 30, 2022.
This is for a five-year term with no initial deposit and applies to both new and demo shares.
It is important to note that various factors can affect your ability to meet this exact interest rate, such as:
Kia doesn’t have a fiscal year-end promotion in 2022 like it has had in previous years.
However, recurring offerings – which officially expire on June 30, 2022 – include the twin-turbocharged flagship 2022 Kia Stinger GT from $69,890 Drive Away.
It normally retails for $64,960 before road costs.
Mercedes Benz is offering free dealer delivery fees on its range of new and demonstration vehicles – including sedans, sports and lifestyle cars – through June 30, 2022.
However, this offer only applies to vehicles that can be delivered immediately – with the exception of built-to-order or in-transit vehicles and EQ electric vehicles.
Effective January 1, 2022, the brand has transitioned to a fixed-price agency model that allows buyers to pay a similar price no matter which dealership they visit, but removes the ability to negotiate the total cost of a vehicle.
In an effort to clear any remaining demonstrator inventory, the local distributor for Peugeot has offers available for 2021 model year vehicles through June 30, 2022 for immediate delivery.
This includes the Peugeot 508 medium sedan and station wagon.
However, a spokesman for Peugeot Citroën Australia said: “Customers are encouraged to contact their local Peugeot dealer to find out more about current offerings on select MY21 demonstrator models,” including exact pricing details.
Similar to most other European brands that have been badly affected by the chip crisis, Skoda does not have a price-oriented campaign for EOFY in 2022.
Instead, the Czech brand includes a seven-year warranty if buyers purchase a seven-year service package for a brand-new vehicle by June 30, 2022.
This warranty extension was initially available for all Skoda vehicles purchased between September 13, 2021 and December 31, 2021. It is now limited to those who purchase an eligible service package with their vehicle.
The brand’s standard warranty, available across the range – including Medium Octavia and big Terrific – is a five-year program with unlimited mileage.
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