End of financial year car sales

Find out how to save money by taking advantage of the end of financial year car sales.

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Special deals on cars always pop up during the end of financial year (EOFY), as car dealers clear their outdated stock to meet their yearly sales targets and make room for newer models. You can save considerable amounts on a new car during the EOFY sales, as this is the time when car distributors and dealers give customers special deals as an incentive to achieve better car sales before they close their books for the year. As an additional bonus, you could also get thousands of dollars worth of optional extras thrown in for free!

This guide will take you through how the sales work and list a few bargains you can pick up this year.

A selection of 2019 EOFY car saless

Make and model Finder Score Drive-away price Deal Review
Ford Escape Ambiente SUV
Ford Escape Ambiente Petrol FWD
- from $29,940 $500 off
Toyota HiLux SR5 4x4
Toyota HiLux 4x4 SR5
73.33% from $59,740 Free on-road costs + $2,000 free accessories Read review
Mitsubishi Triton GLX ADAS 4x4 ute
2019 Mitsubishi Triton GLX ADAS Double Cab Pick-up 4WD Diesel Manual
78.60% from $37,990 3 years capped servicing and free upgrade to auto transmission Read review
Mitsubishi Triton 2018 GLX 4WD pickup
2018 Mitsubishi Triton GLX Double Cab Pick-up 4WD diesel automatic
78.60% from $32,990 $4,000 off Read review
Hyundai Tucson Go
Hyundai Tucson Go 2.0L Petrol 6-Speed Automatic 2WD
79.00% from $29,990 $1,500 EOFY bonus on 2018MY Read review
Peugeot 208 Active small car
2018 Peugeot 208 Active
- from $32,500 $3,590 in savings
Ford Endura Trend SUV
Ford Endura Trend FWD
76.20% from $43,990 $1,000 off See EOFY deals
Hyundai I30 GO
Hyundai i30 Go/Active manual
82.20% from $20,990 $1,000 EOFY bonus Read review
Holden Colorado 4x4 ute
2018 Plate Holden Colorado LT 4x4 Crew Cab Pickup Manual
80% from $41,990 $5,000 against 2019 model Read review
Ford Ranger XLS ute
Ford Ranger 4x4 XLS Double cab pick-up 3.2-litre
81.25% from $42,990 $1,000 off Read review
Ford Ranger 2018 XLT 4WD
2018 Ford Ranger 4x4 3.2tdci XLT double cab
81.25% from $49,990 $2,000 cheaper than 2019 model Read review
Honda CR-V suv
Honda CR-V
74.50% from $29,990 $1,000 off Read review
VW Golf Trendline
VW Golf 1.4 Trendline
82.00% $24,990 Discounts from recommended drive-away price Read review

Check out our car parts and accessories deals round-up

Credit Concierge Car Loan

Credit Concierge Car Loan


4.79 % p.a.

fixed rate


5.34 % p.a.

comparison rate

  • Competitive fixed rate
  • Balloon payment available
  • Same day approval
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100% confidential application

Credit Concierge Car Loan

Get access to over 20 providers to finance a new or used car with fixed rates starting from 4.79% p.a.

  • Interest rate: 4.79% p.a.
  • Comparison rate: 5.34% p.a.
  • Interest rate type: Fixed
  • Application fee: $400
  • Minimum loan amount: $10,000
  • Maximum loan amount: $150,000
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EOFY sale car loans you can apply for

Updated October 20th, 2019
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
From 4.79% (fixed)
1 to 7 years
You'll receive a fixed rate of 4.79% p.a. with a comparison rate of 5.34% p.a.
Get access to over 20 providers to fund a new or used car.

5.49% (fixed)
1 to 7 years
Borrow as little as $2,000 at a competitive fixed rate
Finance a new car up to two years old. Competitive 5.99% p.a. rate available to all approved applicants.
From 4.69% (fixed)
3 to 7 years
$700 (for private seller vehicles this fee is $608)
Fixed or variable rates starting from 4.69% p.a.
Apply for up to $100,000 and have up to 7 year(s) to repay. You can use cash or trade in a vehicle to use as a deposit.
6.99% (fixed)
1 to 7 years
Finance a range of vehicles including cars, motorbikes, boats and caravans.
Apply online to finance a new or used motor vehicle and receive a response in 90 seconds. You will receive a competitive tailored rate of between 6.99% p.a. to 9.99% p.a.
5.49% (fixed)
1 to 7 years
Offset your interest with a Car Budget Account.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.
From 5.19% (fixed)
3 to 7 years
$655 (Includes PPSR registration and private sale fee, if applicable)
You'll receive a personalised interest rate from 5.19% p.a. to 5.69% p.a. based on your risk profile
A flexible car loan from $5,000 - $50,000 with personalised rates and rewards for strong credit customers.

From 5.69% (fixed)
1 to 7 years
You'll receive a fixed rate from 5.69% p. a.
Purchase a new car with this loan and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.
From 5.69% (fixed)
1 to 7 years
Benefit from 5-hour pre-approval.
A competitive rate car loan from RACV with no monthly fees.
From 4.89% (fixed)
3 to 5 years
Optional balloon payment available to reduce your repayments.
A competitive rate car loan suitable for a new cor used car.
From 5.71% (fixed)
1 to 7 years
$500 (from $100 to $500)
You'll receive a fixed rate between 5.71% p.a. and 8.66% p.a. based on your personal credit history
A flexible loan to help you finance a car, motorbike or boat up to five years old.
From 7.99% (variable)
1 to 10 years
Your choice between secured or unsecured.
Apply for a loan up to $75,000 and benefit from loan terms up to 10 years.
8.49% (fixed)
1 to 7 years
Use a new or used car as security.
A flexible loan thats lets you benefit from a car search tool as well as the option to borrow extra for on-road costs.
From 8.49% (fixed)
1 to 5 years
You'll receive a fixed rate from 8.49% p.a. based on the value of your car
Get a competitive rate and apply for a larger loan up to $80,000 when you attach a new or used car as security to the loan.
6.69% (fixed)
1 to 5 years
Secure this loan with a car and use the funds for any purpose.
Competitive 6.89% p.a. rate available to all approved applicants. Loan amounts up to $60,000 available.
From 6.99% (fixed)
1 to 7 years
You'll receive a fixed rate from 6.99% p.a.
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
From 5.99% (fixed)
1 to 10 years
You’ll receive a fixed rate of 5.99% p.a. ( 6.63% p.a. comparison rate ).
Apply for up to $75,000 available with asset security. Only good credit applicants can apply for this loan.

Compare up to 4 providers

EOFY sales are usually very attractive, with many dealers across Australia offering great deals on car purchases. In fact, this period is the only time you can get bargains that can save you a couple of thousand dollars with promotions that cover on-road costs, such as third-party CTP insurance, stamp duty and registration fees.

How to bargain for a better deal during EOFY

EOFY car sales present a unique opportunity to purchase cars at reduced prices, as dealers battle to attract more customers before the close of the year. Purchasing a new car during these sales gives you a genuine opportunity to save money and get a great deal. Don't be afraid to put a little pressure on a salesperson. Make it clear you're ready to buy, but perhaps want metallic paint or an option pack thrown in additionally. With the drive to meet performance targets, the dealer might just meet your request to secure the order.

As lucrative as it may be, getting a great bargain on EOFY sales can be a daunting task, as the period is usually hectic. To ensure you get in on the act and enjoy great bargains on cars, take time to compare personal car loans from different lenders, so that you get one that suits your finances. During the close of the year, lenders are also desperate to hit their yearly credit targets, meaning you can get a car loan with reduced interest rates even with a credit rating that isn't so great. With your low-interest motor vehicle financing, you will be well positioned to take advantage of EOFY deals from car dealers and get a business vehicle such as a truck or SUV, or a personal car for discounted prices.

How to save money when buying a car during EOFY

The main reason people jump at EOFY sales is to save as much as possible on a car purchase. Keep the following tricks in mind to make sure you get the best deal during the sales:

  • Terms and conditions. Some car dealers are not very transparent about the real price of the car they're advertising. In order to ensure you get a good deal, be sure to read through the fine print on the car advertisement to ensure the car you're buying is the right car for you.
  • Pick and choose features. Extra features on prestige car models can raise the retail price significantly, so you can ask for certain features you may not need to be dropped in an effort to bring the cost of the car down.
  • Cost of delivery. Delivery fees should also be considered carefully when buying a car because they can raise the price despite the dealer offering discount deals on the on-road costs.
  • Deals and packages. If you find a dealer offering competitive rates, you can save more by taking advantage of this, especially if the rates are offered as part of a lucrative overall package. However, in most cases it may be better to use your financial institution to source the affordable car finance you use during EOFY sales.
  • Consider pre-approval. If you're looking to secure finance for your car purchase, you might want to look into getting pre-approved for your loan. Pre-approval can give you the upper hand in the sale as you'll know how much you have to spend and have more bargaining power. Find out more about pre-approval by reading our guide.

Picture: Shutterstock

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Car Loan Offers

Important Information*
Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 5.49% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.

Logo for Latitude New and Used Car Loan
Latitude New and Used Car Loan

You'll receive a fixed rate of 6.99% p.a.
Apply for a loan from $5,000 to finance a new or used car. Flexible repayments and options to finance a classic car.

Logo for Beyond Bank Low Rate Car Loan "Special Offer"
Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 5.49% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 5.69% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees. Note: Product only available to residents of Victoria.

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