The lingering effect of widespread supply chain issues has dented traditional end of the financial year (EOFY) sales in the automotive industry, but there are still some deals to be had in 2022.
Typically, new car buyers can look towards purchasing a vehicle before June 30, as vehicle manufacturers aim to clear as much stock as possible before the new financial year kicks off.
However, the COVID-19 pandemic has caused widespread supply issues due to production and shipping constraints, largely caused by a shortage of semiconductor chips, which has caused many brands to increase vehicle prices – and scrap deals.
The good news is, if you are looking to secure a bargain on a brand-new small SUV or hatch in Australia, deals can still be had at Audi, Hyundai, Mitsubishi, Nissan, Peugeot, Skoda and Volkswagen – although most aren’t specifically referred to as ‘EOFY’ savings.
A spokesperson for Mazda Australia said the company has offers in place for EOFY; however, Mazda 2, 3, CX-3, CX-30 and MX-30 buyers will need to enquire at their local dealership as the brand is not offering fixed national drive-away offers at present.
The news is less favourable for buyers looking at purchasing a small car from BMW, Ford, Haval, Honda, Jeep, MG, Ssangyong, Toyota, and Volvo.
Honda believes EOFY sales aren’t relevant given its ‘Price Promise’ – having changed to a fixed-price agency model at the start of the current financial year – while the other brands said no deals are planned for 2022.
GWM Haval said it seeks to “offer the best possible drive-away price to all customers at all times”, with the entry-level Haval Jolion Premium permanently listed at $28,490 drive-away.
WhichCar is awaiting a response from Lexus and Suzuki for any potential last-minute deals involving each marque’s range of small SUVs and cars, including the Lexus UX and Suzuki Swift.
Meanwhile, French brand Renault is encouraging buyers to ‘beat the price rise’ set for July 1, with retail pricing set to increase by up to $2210 across its entire line-up.
This year, Audi is offering the 2022 A1 35 TFSI and 2022 Q2 35 TFSI with a 3.98 per cent annual comparison rate until June 30, 2022.
The brand claims this will get you into the A1 from $130 per week and Q2 from $161 per week, provided certain conditions are met.
This includes a $13,355 final payment and maximum 50,000 kilometre allowance for the A1 over a five-year term. A similar deal applies for the Q2, although the final payment is $16,163 should buyers wish to retain their vehicle.
It is important to note various factors could affect your ability to meet these exact conditions, such as different loan terms and conditions, on-road cost differences between states, and opting for metallic paint.
Hyundai, like most others, does not have a specific EOFY sales promotion in 2022. However, its second-quarter sales will continue until June 30, 2022.
This includes drive-away pricing for the entry-level Venue, i30 Hatch and Kona ranges.
These promotional prices can be found in the tables below:
|i30 Active (auto)||$27,220||$29,990|
Kia does not have a end of the financial year promotion in 2022, as has been the case for the past few years.
However, its reoccurring offers – set to officially expire on June 30, 2022 – include drive-away deals across the majority of its small car range, including; the Picanto, Rio, Cerato and Stonic.
These prices can be found in the tables below:
|S sedan (auto)||$25,990||$27,490|
|S hatch (auto)||$25,990||$27,490|
Mercedes-Benz is offering complimentary dealer delivery fees across its range of new and demonstrator vehicles – including the smaller A-Class, B-Class and GLA – until June 30, 2022.
However, this offer only applies to vehicles available for immediate delivery – with built-to-order or in-transit vehicles and electric vehicles, such as the EQA small SUV, excluded.
Effective from January 1, 2022, the brand has moved to a fixed-price agency model, allowing buyers to pay a similar price no matter which dealership they visit, but removing the ability to negotiate on the total cost of a vehicle.
Mitsubishi is one of the select few brands offering a specific EOFY sales campaign for 2022, with savings available for the popular 2022 ASX and 2022 Eclipse Cross small SUVs.
These national drive-away prices can be found in the tables below:
|ES (CVT auto)||$27,240||$28,740|
EOFY drive-away deals are also available for remaining limited-edition 2022 ASX ES-L, MR Plus and XLS Plus stock. Speak to your local Mitsubishi dealer for more information.
EOFY drive-away deals are also available for remaining limited-edition 2022 Eclipse Cross XLS and XLS Plus stock. Speak to your local Mitsubishi dealer for more information.
As with most other brands, Nissan isn’t offering a price-led campaign during the current supply chain chaos.
However, the company is hoping to encourage buyers to purchase a 2022 Juke small SUV or 2022 Leaf electric hatch under its in-house finance program, offering a 1.9 per cent annual comparison rate on a 48-month lease across each model’s line-up.
An updated Nissan Leaf is scheduled to arrive locally in August, offering a revised look and updated driver assistance systems, along with a $1000 price increase across the range.
In an effort to clear any remaining demonstrator stock, the local distributor for Peugeot has deals available until June 30, 2022, for model-year 2021 vehicles ready for immediate delivery.
This includes the 2022 Peugeot 2008 small SUV.
However, a spokesperson for Peugeot Citroën Australia said “customers are encouraged to contact their local Peugeot retailer to learn more about the current offers available on selected MY21 demonstrator models,” including exact pricing details.
The next-generation 2023 Peugeot 308 is expected to launch in the coming months, with local pricing and features to be confirmed soon.
Much like most other European brands, which have been affected greatly by the chip crunch, Skoda does not have a price-led campaign for EOFY in 2022.
Instead, the Czech marque is including a seven-year warranty when buyers purchase a seven-year service pack for a brand-new vehicle until June 30, 2022.
This extended warranty was initially available for all Skoda vehicles purchased between September 13, 2021, to 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 its range – including the Scala hatchback and Kamiq small SUV – is a five-year/unlimited-kilometre program.
Like many other brands, a spokesperson for Volkswagen Australia confirmed the marque would not enter the EOFY sales race this year.
However, its has deals – set to expire on June 30, 2022 – across the new-generation 2022 Mk8 Golf and 2022 T-Cross ranges.
These drive-away prices can be found in the tables below:
However, as this deal applies to both in-stock and built-to-order vehicles, an extended wait time is possible for a Golf or T-Cross that is yet to roll off the production line.