Kia EOFY sales guide: List of deals, discounts and bonuses

The end of financial year is a fantastic time to find a deal on a new car. Here is a guide to all of your Kia EOFY deals.

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Kia EOFY Sales Guide L

The last Motor Vehicle Census was conducted by the Australian Bureau of Statistics (ABS) back in January 2018, so it's slightly out of date. But at the time there was surprise brand that had crept into the top 10 most popular cars in Australia. That brand was Kia. In 2017, Kia sold 54,737 new cars into the Australian market, putting it 9th overall, just behind Nissan.

Founded in South Korea back in 1944, Kia actually launched in Australia in 1988, but it took 20 years for it to grind its way to 500,000 sales. However, Kia is on an upward trajectory, adapting to Australia's needs as a culture and its rugged environment. Building on the goodwill forged by sponsorships such as the Australian Open, Kia predicts it will pass the 80,000 sales mark by 2021, if not eclipse the 100,000 mark.

The Kia EOFY sales are an opportunity to jump in as the brand is on the up.

Why buy during the Kia EOFY sales?

Australians are hard workers, which also means we're big taxpayers. For many then, the purchase of a car used in part or in full for work at the end of the financial year is an opportunity to bring down their annual salary and pay less tax. It's also an opportunity for car manufacturers to sell vehicles with a late 2018 or early 2019 plate model and write off any loss to lower the dealership's tax bill.

The end result then is a bit of a buying frenzy, with both buyer and seller motivated to shake hands over a better deal. So whether you're looking for just a new car, or a new car for work purposes, it's worth looking around to see what deals are available during the Kia EOFY sales.

Kia EOFY special deals

For the Kia EOFY sales, the recommended retail price of the cars hasn't changed, only what is included when you buy the car. The prices at individual dealerships may change and more might be included. Plus every purchase, regardless of dealer, comes with a seven-year, unlimited kilometre warranty.

The Kia EOFY specific deals are broken into four types. The table below will indicate which model cars from the Kia range are receiving which EOFY deals:

  1. Three years of free scheduled servicing.
  2. If you're buying the car for non-work purposes, as in it's a personal purchase, you can get a 2.9% p.a. finance rate over a 3-year term with a 20% deposit.
  3. If you have an ABN, you can finance your car at 1.7% p.a. over a 3-year term with a 20% deposit. When compared to the private purchase financing rate, that works out to be up to a $365 saving over the course of the loan for every $10,000 financed. So on a $50,000 Kia EOFY car financed by a buyer alongside a $10,000 deposit, you'll see a maximum saving of roughly $1,457. That amount depends on how much you pay off during that time.
  4. Between 10 June and 16 June, a $777 cashback bonus offer is in place and will be deducted from the cost of the car.

List of Kia EOFY sales

Car EOFY start price Cashback Three year's free service General 2.9% financing ABN 1.7% financing
Sorento $43,990 Yes Yes Yes Yes
Carnival $42,490 Yes No No No
Sportage $29,990 Yes No Yes Yes
Stinger $46,990 Yes No Yes Yes
Cerato $19,990 Yes No No No
Picanto $14,190 Yes No No No
Rio $16,990 Yes No No No
Optima $33,390 Yes No No No

Top Image: From www.toowongkia.com.au

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