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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.
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Motor Vehicle Census was conducted by the Australian Bureau of Statistics (ABS) back in January 2018, so it's slightly out of date.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:
- Three years of free scheduled servicing.
- 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.
- 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.
- 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|
Top Image: From www.toowongkia.com.au
Car Loan OffersImportant Information*
You'll receive a fixed rate of 5.64% 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.
You'll receive a fixed rate between 6.99% p.a. and 14.99% p.a. based on your risk profile
Apply for a loan from $5,000 to finance a new or used car. Flexible repayments and options to finance a classic car.
You'll receive a fixed rate of 5.69% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.
You'll receive a fixed rate from 5.99% 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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