February 2023 Best Selling Cars
This time of year can be a popular buying time for buying new cars. Upcoming Easter road trips, getting in before further interest rates rises and for businesses, getting in before temporary full expensing expires at the end of June just some of the reasons. Greater availability may also be incentivising buyers. Efforts to purchase new cars have been somewhat stymied by supply issues over the past few years. These do appear to be easing so now could be time to buy. What which car will it be? To help buyers with selections, the FCAI report the vehicle sales results on a monthly basis. We recently reported on their data on the best selling cars for February but only covered the top 10 brands and models.
The available data does go further. Now we delve deeper into the individual categories with the three top sellers. Information which may assist buyers in forming ideas as to what to consider. But when reviewing car sales data for a single month at the moment be aware that many of these vehicles were for pre-orders. Buyers will need to confirm availability with dealers. Where stock is limited, speak with us first to pre-arrange your car finance so you are completely ready to buy.
Price will be an important guide for many buyers. With the use of the Jade Car Financing Calculator, prospective buyers can quickly convert prices of best selling cars into estimated finance repayments. Repayment estimates can often be far easier to relate to than a drive away price. Buyers can have a better idea of how a loan for that car may work with their monthly outgoings.
Best Selling Passenger Cars - February
Passenger cars have been less popular with the recent trend towards SUVs. But there remain extensive selections across all sizes and price ranges. In the Micro segment, the Kia Picanto, Fiat and Abarth and the Mitsubishi Mirage sold best. Though there have been reports that the last of the Mirage has left the market.
In the light segment, the well-priced MG 3 was by far the best seller, ahead of the very popular Mazda 2 and Kia Rio in the under $30K price bracket. Over $30K, it was the Mini Hatch, Audi A1 and Skoda Fabia attracting the most buyers.
Then comes the very popular small under $40k segment. The Hyundai i30 outsold the iconic Corolla ahead of the Mazda 3. Edging up over the $40k price and it was the Subaru WRX, Audi A3 and VW Golf filling the sales podium.
Medium-sized passenger cars can be well-suited for reps and business executives as well as for the family workhorse. For under the $60k price, buyers found the Camry, Skoda Octavia and Mazda 6 their choices. While over $60k the Tesla Model 3 attracted a lot of buyers, followed by the Mercedes C Class and the fairly new to the Australian market, Polestar 2.
Sales in the large passenger class are reported for price categories under and over $70k. The Kia Stinger was the best seller in the former followed by the Skoda Superb and the Citroen CX5. In the higher priced category, the Porsche Taycan sold most units ahead of two Audis – the E-tron GT and the A6.
Best Selling SUVs - February
SUVs are by far the most type of vehicle and that is reflected in the sales numbers. The segment covers light, small, medium, large and upper large with prices ranging from below $45k to in excess of $120K.
In February, in the light and small categories, the most buyers got the keys to Mazda CX3, Toyota Yaris Cross, Kia Stonic, MG ZS, Mitsubishi Eclipse Cross, Haval Jolion, Volvo XC40, Audi Q3 and Kia Niro.
If considering an under $60K model, the Mazda CX5 sold the most units, slightly ahead of the Mitsubishi Outlander and Toyota RAV4. In the over $60k segment the top sales were from the Tesla Model Y, Audi Q5 and Lexus NX.
The biggest sales for large SUVs below $70k were for the Subaru Outback, Isuzu MUX and Toyota Prado. Over the $70k, the best sellers were Mercedes GLE, BMW X5 and Audi Q7. The upper large are the serious off-road and similar vehicles with the LandCruiser, Nissan Patron, Land Rover Discover, Lexus LX, BMW X7 and Mercedes GLS dominating sales.
Best Selling Utes - February
The ute segment is massive as it attracts both private buyers wanting a vehicle to tow boats and caravans as well as trades and other businesses. The HiLux sold most in the 4x2 category ahead of the Ranger and D-Max. In the 4x4 segment it was the Ranger in top spot, then HiLux and D-Max. If you're looking to buy one of the best selling cars or utes of February 2023, especially with options like minimal doc business car loan, be sure to consider your financing options carefully. At Jade Car Loans, we offer a range of personal and business car finance solutions to suit your needs and budget. Our team of experienced finance brokers at Jade can help you secure the best interest rate and repayment terms for your vehicle loan, whether you're buying a passenger car, SUV or ute.
Make Car Financing Easy with Jade's Online Loan Calculator
At Jade, we pride ourselves on providing fast, efficient, and personalized service to all our customers, including those seeking car loans for poor credit. We understand that obtaining new car finance can often be a daunting task, particularly for individuals with a less than ideal credit history. With this in mind, we strive to simplify the financing process, ensuring that it's both effortless and uncomplicated, irrespective of your credit score. Regardless of whether you're a private buyer or a business owner, we are committed to assisting you in finding the most appropriate car finance option that caters to your specific requirements.
So if you're ready to buy one of the best selling cars or utes of February 2023, contact Jade today to discuss your personal loan for car. Our friendly and knowledgeable team is here to help you every step of the way, and we'll work hard to get you the best deal on your vehicle finance. Using our business car loan repayment calculator, you can quickly estimate your repayments based on the purchase price and loan term. This can give you a better idea of the affordability of your chosen vehicle, and help you to make an informed decision about your car finance.
Buyers seeking to purchase one of the latest best selling cars can contact Jade Car Loans 1300 000 003 for personal car loans and business vehicle finance.
DISCLAIMER: IN REGARD TO MISREPRESENTATIONS AND ERRORS CONTAINED IN THE MATERIAL AS PRESENTED, LIABILITY IS NOT ACCEPTED. THE DETAILS AND CONTENT IS PROVIDED FOR CAR BUYERS AND INDIVIDUALS AND BUSINESS SEEKING FINANCE PURELY AS GENERAL INFORMATION. THIS IS NOT PROVIDED AS THE ONLY SOURCE OF FINANCIAL INFORMATION. ANYONE THAT CONSIDERS THAT NEED FINANCIAL ADVICE ABOUT THEIR SPECIFIC REQUIREMENTS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.