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BMW bargains coming after hundreds of demo models get registered
News
7th May 2020
3 min read

BMW bargains coming after hundreds of demo models get registered

Anyone looking to buy a BMW on a budget could be in luck in a few months from now after the company registered hundreds of demonstrator models and company cars to help prop up its reported sales numbers in April. A glut of low-kilometre near-new used cars are expected to flood BMW dealers in the coming months after being cycled briefly through the company’s head office. It means that buyers will likely get a sharp deal on a low-kilometre demonstrator or ex-company car in the coming months.
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Joshua Dowling
Cash for clunkers: new calls to get old cars off the road
News
4th May 2020
3 min read

Cash for clunkers: new calls to get old cars off the road

The car industry is preparing to lobby the Federal Government to introduce a “cash for clunkers” scheme to improve road safety and help the market recover from the longest sales slump since the Global Financial Crisis.
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Joshua Dowling
The $150,000 instant asset tax write-off: everything you need to know
News
3rd May 2020
4 min read

The $150,000 instant asset tax write-off: everything you need to know

The $150,000 instant asset write-off tax incentive introduced by the Federal Government in the lead-up to the coronavirus lockdowns has caused widespread confusion in the car industry about how it applies to motor vehicles. A special investigation by CarAdvice has found most major car companies are reluctant to offer any guidance about which vehicles might be eligible under the scheme scheduled to run from 12 March 2020 to 30 June 2020, the close of this financial year.
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Joshua Dowling
VFACTS: March 2020 new car sales
News
3rd Apr 2020
5 min read

VFACTS: March 2020 new car sales

New vehicle sales took a hit in March, as you might expect, although it wasn't the cataclysmic drop some might have projected. VFACTS data compiled by the Federal Chamber of Automotive Industries released today shows that car sales fell by 17.9 per cent compared to March last year, to 81,690 sales. You have to return to 2009, at the height of the global financial crisis, to find a lower figure for March. That year there were 75,650 new cars sold.
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Mike Costello
Car sales slowdown in March to bring mega deals in April
News
31st Mar 2020
3 min read

Car sales slowdown in March to bring mega deals in April

Industry analysts have forecast the biggest fall in new-car sales since the Global Financial Crisis in the US, as Australian dealers report the toughest conditions in memory – however the sharp declines are likely to drive mega deals in April. New-car showrooms across Australia remain open – although some have reduced hours – as the industry has switched to a “contactless” sales model.
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Joshua Dowling