EOFY 2022: Best deals on sedans, sports and lifestyle cars

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.

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The good news is, if you are looking to secure a bargain on a brand-new sedan, sports or lifestyle vehicle in Australia, deals can still be had at Audi, Kia, Peugeot and Skoda – although none are explicitly referred to as ‘EOFY’ savings.

A spokesperson for Mazda Australia said the company has offers in place for EOFY; however, Mazda 6, MX-5, 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.

Volkswagen currently has drive-away pricing available across the Arteon range, however, these prices fall between $7500 and $9800 above the recommended retail price.

The news is less favourable for buyers looking at purchasing from Alfa Romeo, BMW, Ford, Hyundai, Honda, Jaguar, Land Rover, Toyota, and Volvo.

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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.

WhichCar is awaiting a response from Lexus for any potential last-minute deals involving the marque's range of sedans, sports and lifestyle cars, including the ES mid-size sedan.

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.

Audi

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This year, Audi is offering the 2022 A6 and 2022 A7 with a 3.98 per cent annual comparison rate until June 30, 2022.

This applies to a five-year term with no initial deposit required, applying to both new and demonstrator stock.

It is important to note various factors could affect your ability to meet this exact rate, such as different loan terms and conditions, on-road cost differences between states, and opting for metallic paint.

Kia

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Kia does not have an 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 the flagship, twin-turbocharged 2022 Kia Stinger GT from $69,890 drive-away.

It typically retails for $64,960 before on-road costs.

Mercedes-Benz

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Mercedes-Benz is offering complimentary dealer delivery fees across its range of new and demonstrator vehicles – including its sedan, sports and lifestyle cars – until June 30, 2022.

However, this offer only applies to vehicles available for immediate delivery – with built-to-order or in-transit vehicles and EQ electric vehicles 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.

Peugeot

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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 Peugeot 508 medium sedan and wagon.

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.

Skoda

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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 medium Octavia and large Superb – is a five-year/unlimited-kilometre program.

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