Australians broke the all-time car buying record in June
New car sales increased 4.4% year-on-year.
Australia has broken its all-time national monthly record for new car sales in June 2017 according to today's Federal Chamber of Commerce's VFACTS report, with 134,171 new cars hitting the roads around the country.
Those who were reading the signs might have seen it coming. Despite a sluggish year overall, car sales bounced back in April and May, with May in particular seeing record results and growth across all states and territories.
The June results have tipped overall car sales into the black for the first time this year. This is also an increase of 4.4% from last June, which previously held the "best month" record.
Top car brands
In terms of car brands, SUVs still reigned supreme.Toyota HiLux and Ford Ranger utes were still the most popular, likely bolstered by the generous tax breaks on business vehicles in 2017.
A similar picture emerged among the family-friendly everyday drivers, with the ever-popular Toyota Corolla and Hyundai Tucson being the first and second most sold passenger cars of the month.
The big sales also extended to the upper end of the price range, with luxury brands Mercedes, Porsche, McLaren, Ferrari and Aston Martin all posting record sales so far for 2017. It looks like more Australians than ever were holding out for the big sales that come around EOFY, and that all income brackets were happy to grab a bargain.
In previous years, car sales have tended to drop off in July, but mostly only for new cars. The savvy buyer might be equally happy jumping on a new car in June or waiting another month to scour the great range of used car deals popping up right after.
If you're after a bargain, there's no escaping the fact that used cars can be cheaper than buying new. New car season might have peaked for the year, but used car season is kicking off and it's bound to be a big one.
Top 5 selling new vehicles in June
- Toyota HiLux - 5,461
- Ford Ranger - 5,051
- Toyota Corolla - 3,830
- Hyundai Tucson - 3,741
- Mazda3 - 3,490
