On the back of yesterday’s announcement that a record number of new vehicles were sold across the country in March, online bookmaker Sportsbet is backing this year’s sales tally to surpass that of 2014.
Sportsbet has 2015 at $1.35 to register more new vehicle sales than 2014.
Official VFACTS data shows that Australians purchased 277,594 new vehicles in the first three months of 2015, up 4.2 per cent over 2014 over the same period. A total of 1,113,224 new vehicles were sold across Australia last year.
Sportsbet has set the line at 1.15 million vehicle sales for 2015, offering $1.87 for bets for this year’s sales tally to be either over or under that mark.
Australia’s top-selling vehicle for the past two years is a narrow favourite ahead of the Mazda 3 ($2.75), while the Toyota HiLux is the only other model that the bookie rates a chance, at odds of $3.75.
Corolla sales are up 13.0 per cent so far this year to 11,672, while the Mazda 3 is down 8.7 per cent to 11.059. In March, the Corolla claimed a big win, tallying 4261 sales to the Mazda’s 3558. Some uncertainty surrounds the effect of the release of the updated Corolla later this year, however, with sales likely to slow in the lead up to its introduction but get a boost following its arrival.
HiLux sales are already a long way off the pace, trailing behind at 8538 to the end of March.
Others at longer odds include the Holden Commodore and Mitsubishi Triton (both $11), Ford Ranger ($16), Mazda CX-5 ($17), Toyota Camry ($21), and the Hyundai i30 and Volkswagen Golf (both $34).
The bookmaker has Holden at $1.50 to outsell Ford this year, while offering $2.50 for Ford to pull off a seemingly unlikely upset.
So far this year, Holden has outsold Ford 24,781 to 16,402, and sales of the Blue Oval brand’s cars are down 18.5 per cent. Last year, Holden outsold Ford by 26,389 vehicles (106,092 vs 79,703).
Sportsbet also has New South Wales as a narrow favourite to post more sales than Victoria in 2015, offering odds of $1.80 and $2.00 respectively. NSW holds an early lead, boasting 89,544 sales to Victoria’s 75,489. Last year NSW beat Victoria by 53,452 sales (356,174 vs 302,722).
Note: Odds accurate at 4pm April 8.
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