10 May 2021 · Buyer Tips & Advice

Buying a new car EOFY | Phil Gilbert Kia

If you’re thinking about purchasing a new car, then it might pay handsomely to wait for the perfect moment. June 30, or EOFY (End Of Financial Year) is particularly fruitful for prospective buyers for a number of reasons. Want to find out why? Keep reading this blog from the team at Phil Gilbert Kia. 

Better deals

The end of the financial year is a great time to invest in a new vehicle because dealers usually offer better deals to guests. This is because more of an emphasis is placed on moving old stock out, so room can be made to bring new stock in. As a result, you can expect to see some pretty tempting price tags. A better deal may also fall into your lap if you’re willing to go with a less popular make or colour. The reason? Because these cars end up being left over, and don’t attract as much attention as others. It’s a win-win for buyers and sellers.  

Greater wiggle room

As mentioned above, EOFY brings with it some awesome deals. But guests can also expect a little more wiggle room than usual when it comes to bargaining over the final price. By speaking with your sales representative, you might be able to negotiate for a slight discount on a model that’s been sitting around for a while. Again, this usually comes down to moving old stock out so new stock can come in. 

Business incentives 

If you run a business, then you’ll appreciate the importance of staying on top of your numbers. The good news is your organisation can benefit from EOFY deals in some big ways. For instance, not only can you receive a great price on a new vehicle, but you may also be eligible for a finance deposit bonus. But things don’t end there. Your new vehicle might qualify for the instant asset write off. In other words, there’s no reason not to invest before June 30. 

Extra add ons

EOFY is the perfect time to enquire about an affordable price on extras. If you’re looking for help when it comes to on-road costs, drive away pricing, upgrades and even special deals on interest rates, it never hurts to ask. Dealers are often more flexible around this time of year, providing customers with accommodating packages to ensure that everyone can drive away in a slick new car. 

Turn over of stock 

It’s true, car dealers usually operate with an incentive to sell as many units as possible within a set period. And there’s no cleaner cut off mark than EOFY. This means you might well be able to find a winning deal around this time of year. But this doesn’t mean that dealers only care about getting people to sign on the bottom line. Instead, performance bonuses are in place to help more people find the car of their dreams. Like any business, it’s all about maintaining a healthy turn-over of stock.

Kia car dealerships and service centres 

In the market for a new car? The team at Phil Gilbert Kia can help. We provide great deals on new and used models so everyone can drive away in the ride of their dreams. Feel free to get in touch today to find out more.

We can also help if you’re searching for Kia service centres near me. Our experienced technicians are always on hand to take your call.