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New Zealand March 2014: Ford Ranger #1, now above Hilux YTD

April 8th, 2014 1 comment

Ford Ranger New Zealand March 2014The Ford Ranger is above the Toyota Hilux so far in 2014.

* See the Top 25 best-selling models and Top 60 brands by clicking on the title! *

New Zealand continues to perform at levels not seen in decades: March 2014 is the best since 1994 at 11,238 registrations, up 18% year-on-year and bringing the First Quarter total to 30,824 units, up 15% on 2013. Commercial vehicles are up 20% in March and 19% year-to-date. In the brands ranking, Toyota (16%), Ford (10.7%) and Holden (8.5%) reign supreme as usual, but Mitsubishi is catching up, up 3 spots on February to #4 and 7.8% share, passing Hyundai, Mazda and Nissan.

Mitsubishi Outlander New Zealand March 2014The Mitsubishi Outlander is up to #7 this month in New Zealand.

Model-wise, the Ford Ranger becomes the most popular vehicle in the country this month and for the 5th time in the last 12 months thanks to 550 sales and 4.9% and for the first time ever, it is now ahead of its archenemy the Toyota Hilux in a New Zealand year-to-date ranking at 1,175 units (#2) vs. 1,126 (#3) with the Toyota Corolla keeping the lead so far in 2014 at 1,441 sales. Notice also the Suzuki Swift back up two spots on February to #4, the Holden Commodore up one to #6, the Mitsubishi Outlander up 15 to #7, Mazda3 up 3 to #8 and Hyundai i30 up 10 to #14.

Previous month: New Zealand February 2014: Toyota Hilux in charge, Holden Captiva #4

One year ago: New Zealand March 2013: Toyota Corolla still the one

Full March 2014 Top 25 models and Top 60 brands Ranking Tables below.

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Categories: New Zealand

Media post: The best way to compare car loans in New Zealand

April 3rd, 2014 No comments

Toyota Corolla New Zealand 2013The Toyota Corolla has been the best-selling car in New Zealand for the past 5 years.

Car loans vary significantly between reputable lenders. This makes it a real challenge for customers to compare different loans at a glance. There are a great many variables – interest rate being the obvious benchmark for at-a-glance comparisons, but the myriad establishment fees, administration fees, and early termination fees often add up to far more than a few percentage points of variation.

This is why it really pays to do your sums. “People often focus on just the interest rate,” says Carl Jones from www.carloans.co.nz. “It’s an overly simplistic way to assess the relative merits of different loans. For example, a loan at seven per cent seems like a much better deal than one at 10 per cent, obviously. However, when you grab a calculator and crunch the numbers on the true cost, it’s common enough to discover that the loan with the notionally more expensive rate is often enough actually the cheapest.”

Let’s say you have three potential loans on the table, all for the same amount and all for the same term. All have slightly different rates and different fee structures. How should you compare them?

Jones advises consumers in the market for car finance today to start with the establishment fee, if any. “Write down any establishment fees, followed by any administrative fees, like monthly account-keeping fees, or broker (or dealer) establishment fees. Add the establishment fees to the total regular administrative cost of the loan. If there’s a monthly account-keeping fee, multiply that by the number of months in the term. Then take the regular repayments, and multiply that by the number of payments. If it’s a five-year loan with monthly repayments, take the monthly payment and multiply by 60 – the number of months in five years. “What you’re doing here is assessing the total, cumulative cost of each car loan. So add up the total payments and then add the total fees. That’s what you’ll be paying.”

Jones says it’s a great idea to consider seriously whether you intend to proceed until the full term of the loan, or if you will be disposing of the car earlier than that. If you think early disposal is a real possibility, then you need to investigate how early repayment fees or penalties (if any) are built into the contract. “Some loans with low establishment costs aren’t really all that profitable for the lender, at least initially, which is why in those cases the early discharge fees can be on the hefty side,” Jones advises. “It’s important to consider how likely it is that you really will go full term with the loan because that cheap loan you sign up for initially can get fairly expensive if you decide to upgrade your vehicle at some mid-point in the term.”

Jones says, like every other consumer product, car finance is a highly competitive business. Different lenders compete aggressively for your car finance repayments. One of the most effective marketing tools available to the car finance sector is the promise of a low interest rate – it’s enough to secure the deal in many cases. However, if you want to be an effective advocate for your own financial self-interest, the expert advice is that you need to consider the likely total cost of every loan. If that low rate seems almost too good to be true, it almost certainly is.

Categories: New Zealand

New Zealand February 2014: Hilux in charge, Holden Captiva #4

March 9th, 2014 No comments

Holden Captiva New Zealand February 2014. Picture courtesy of carshowroom.com.auHolden Captiva

* See the Top 25 best-selling models and Top 60 All-brands by clicking on the title! *

The New Zealand new car market does show any sign of slowing down… at all. It is up a further 14% year-on-year in February to 9,058 registrations, split between 6,491 new passenger cars (best February since 1989) and 2,567 new commercial vehicles (best February since records began in 1981!). Big event in the passenger cars brand ranking: Holden is up 59% year-on-year to beat Toyota for the first time in years. Another first: for the first time since last August the Toyota Hilux is the best-selling vehicle in the country thanks to 390 sales and 4.3% vs. 311 units for both the Toyota Corolla and the Ford Ranger.

Hyundai Santa Fe New Zealand February 2014. Picture by The Motor ReportHyundai Santa Fe

The best performer of the month is without contest the Holden Captiva up 13 spots on January and 95% year-on-year to #4 with 279 units and 3.1%. Other brilliant gainers this month include the Hyundai Santa Fe up 12 ranks on last month to #8, the Toyota Hiace up 13 to #10, the Mazda3 up 7 to #11, Hyundai ix35 up 8 to #13 and the Hyundai iLoad landing at #20.

Previous post: New Zealand: 2000-2013 Historical Data now available!

Previous month: New Zealand January 2014: Fourth consecutive record month!

One year ago: New Zealand February 2013: Corolla, Hilux and Ranger dominate

Full February 2014 Top 25 models and Top 60 All-brands Ranking Tables below.

Read more…

Categories: New Zealand

New Zealand: 2000-2013 Historical Data now available!

February 27th, 2014 No comments

The Holden Commodore led New Zealand sales up to 2008 when it was overtaken by the Toyota Corolla.

I can now share with you Historical Data for New Zealand spanning almost 15 years. The 2000-2003 data is all-new to BSCB today. Similarly to neighbour Australia, we witness over the period the complete dominance of the Holden Commodore and Ford Falcon slowly but surely being eroded to benefit the Toyota Corolla, however the Japanese model managed to take the lead of Kiwi sales way before it did in Australia – 5 years to be exact – in 2008, and has been able to keep the lead since, making it 6 consecutive years.

New Zealand Historical Data:

New Zealand 2000-2003: Holden Commodore and Ford Falcon reign supreme

New Zealand 2004: Commodore, Falcon & Corolla on podium

New Zealand 2005: Commodore leads, Corolla up to #2

New Zealand 2006: Commodore & Corolla only 79 sales apart!

New Zealand 2007: Commodore strengthens lead at 5.9%

New Zealand 2008: Corolla passes Commodore for the first time

New Zealand 2009: Corolla #1 at 6.7%

New Zealand 2010: Toyota Corolla and Hilux dominate

New Zealand 2011: Toyota Corolla #1 ahead of Hilux and Suzuki Swift

New Zealand 2012: Toyota Corolla #1 for 5th consecutive year

New Zealand 2013: Toyota Corolla marks 6 years at #1 in strongest market since 1984

Categories: New Zealand

New Zealand January 2014: Fourth consecutive record month!

February 10th, 2014 1 comment

VW Golf New Zealand January 2014. Picture courtesy of caradvice.com.auThe VW Golf reaches a best-ever 6th place in New Zealand this month.

* See the Top 25 best-selling models by clicking on the title! *

For the 4th consecutive month, New Zealand new car sales reach all time-high levels: January is the best of its kind since records started in 1981, up 13% year-on-year to 10,528 registrations. The Toyota Corolla remains the most popular model in the country by far thanks to 722 sales and 6.9% share, ahead of the Ford Ranger at 314 units and 3% and the Ford Focus up 7 spots on December to #3 with 301 sales and 2.9% share. Other great performers this month in New Zealand include the Nissan Navara up 12 to #4, the VW Golf up 11 to a best-ever 6th place at 239 units and 2.3%, Mitsubishi Lancer up to #12, Nissan Qashqai up to #13, Hyundai i30 up to #15, Mazda3 up to #18 and the Hyundai i20 up to #22.

Previous post: New Zealand Full Year 2013: Toyota Corolla marks 6 years at #1 in strongest market since 1984

One year ago: New Zealand January 2013: Corolla and Cruze lead record market

Full January 2014 Top 25 models Ranking Table below.

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Categories: New Zealand

New Zealand Full Year 2013: Toyota Corolla marks 6 years at #1 in strongest market since 1984

January 14th, 2014 1 comment

Toyota Corolla New Zealand 2013The Toyota Corolla leads Kiwi sales charts for the 6th year in a row.

* NOW UPDATED with the Top 25 models and Top 60 brands! *

* Check out 2000-2013 New Zealand Historical Data here! *

The New Zealand new car market is up a splendid 12% year-on-year in 2013 to 113,117 registrations, the strongest annual result in almost 30 years (since 1984), boosted by the highest December figure since 1976. Toyota claims the brand crown for the 26th consecutive year with 24,262 sales and 21.4% including Lexus, ahead of Ford (11.4%) and Holden (10.4%). Model-wise, the Toyota Corolla is the best-selling vehicle in the country for the 6th year in a row thanks to sales up 13% to 5,995.

Toyota RAV4 New Zealand 2013Toyota RAV4 sales are up 73% in New Zealand in 2013.

It is followed by the Toyota Hilux up 21% to 5,041 units, celebrating its 32nd consecutive year leading commercial vehicle sales, but the battle was fierce with the Ford Ranger which climbs onto the Kiwi podium for the very first time thanks to sales up a fantastic 75% on 2012 to 4,924. The Suzuki Swift is down one spot to #4 and 2.6%, the Holden Commodore up two to #5 and the Toyota RAV4 up a massive 11 ranks and 73% to #6 and 2,739 sales thanks to the new generation.

Previous post: New Zealand November 2013: Toyota RAV4 back up to 4th place

Previous year: New Zealand Full Year 2012: Toyota Corolla #1 for 5th consecutive year

Two years ago: New Zealand Full Year 2011: Toyota Corolla #1 ahead of Hilux and Suzuki Swift

December Top 25 and Full Year 2013 Top 15 models & Top 5 brands Ranking Tables below.

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Categories: New Zealand

New Zealand November 2013: Toyota RAV4 back up to 4th place

December 9th, 2013 3 comments

Toyota RAV4 New Zealand November 2013Toyota RAV4

* NOW UPDATED with the Top 30 best-selling models and Top 55 All-brands! Click on title to see *

Another record-breaking month for new car sales in New Zealand, up a massive 22% year-on-year in November to 10,388 registrations, which brings the year-to-date total to 104,448 units, up 12% on 2012 and already above the Full Year 2012 total of 100,794! New light commercial vehicles are up a huge 40% on November 2012 to hit 2,935, the highest November figure since records began in 1981 and the third month in a row it delivers a monthly best! The Toyota Corolla still reigns supreme and snaps the top spot for the third consecutive month and the 7th time in the last 12 months thanks to 626 sales and 6% share, ahead of the Toyota Hilux at 5.6% and the Ford Ranger at 4.6%.

Holden Colorado New Zealand November 2013Holden Colorado

Toyota places 3 models inside the New Zealand Top 4 this month, with the RAV4 back up two spots on October to land at #4 with 2.9% share. The Holden Colorado is up one further spot to #6 with 2.5% share, in-between the Holden Commodore and Mazda CX-5, up 6 ranks to #7. Notice also the Mitsubishi Lancer up 8 to #15, Toyota Highlander up to #18, Ford Kuga up to #21 and the Holden Cruze dropping out of the best-sellers chart…

Previous month: New Zealand October 2013: Toyota Corolla leads record market

One year ago: New Zealand November 2012: Toyota Corolla leads dynamic market

Full November 2013 Top 30 models and Top 55 All-brands Ranking Tables below.

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Categories: New Zealand

New Zealand October 2013: Toyota Corolla leads record market

November 12th, 2013 No comments

Toyota Corolla New Zealand October 2013Toyota Corolla

* NOW UPDATED with the Top 25 best-selling models and Top 55 all-brands! See title *

Another very impressive month for new car sales in New Zealand: up 14% on October 2012 (which was already up 33% on 2011!) to 10,696 registrations, bringing the year-to-date total to 94,060 units, up 11% on 2012. Commercial vehicles are up a huge 33% to 2,734, the highest October on record, while passenger cars are up 8% to 7,962. Boosted by rentals ahead of Summer, the Toyota Corolla remains #1 with 963 sales and 9% share, adding up to 4,657 and 5% year-to-date: it looks set to enjoy a 6th consecutive year atop the New Zealand sales charts in 2013.

The Ford Ranger beats the Toyota Hilux again at 478 units and 4.5% vs. 396 and 3.7% but remains below the Japanese ute year-to-date with 3,870 sales and 4.1% vs. 3,998 and 4.3%. Excellent showing of the Holden Commodore up 13 spots on September to #4 and the Ford Mondeo up 8 to #8. In the brands ranking, notice Chery breaking into the Top 20 at #19 equal with Jeep with 104 sales and 1% share vs. 0.4% year-to-date.

Previous month: New Zealand September 2013: Toyota Corolla reclaims #1 spot in record market

One year ago: New Zealand October 2012: Rentals keep Toyota Corolla #1

Full October 2013 Top 25 models and Top 55 All-brands Ranking Tables below.

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Categories: New Zealand

New Zealand September 2013: Toyota Corolla reclaims #1 spot in record market

October 9th, 2013 1 comment

Toyota Corolla New Zealand September 2013The Toyota Corolla is now #1 year-to-date in New Zealand.

* NOW UPDATED with the Top 25 best-selling models and Top 56 All-brands! See title *

The New Zealand new car market is once again euphoric in September: up 16% year-on-year to 10,070 registrations. This is split into 2,799 light commercial vehicles, up a huge 36% on September 2012 and the largest September figure since records began in 1981, and 7,272 passenger cars, up 6%. The year-to-date total stands at 83,364 units, up 11% on 2012 which was already up 20% on 2011… With the summer holidays now approaching and rental companies starting to renew their stock, the Toyota Corolla is back in pole position for the first time since last March with 5.8% share, enabling it to reclaim the top spot year-to-date also. It is followed by the Ford Ranger once again beating the Toyota Hilux at 4.2% vs. 4% the Toyota RAV4 lodging a fantastic 4th place at 3.6% share and the Holden Colorado up 9 spots on August to #5. Notice also the Hyundai ix35 up 10 ranks to #11 and the Holden Commodore down 11 to #17.

Previous month: New Zealand August 2013: Ford Ranger #1 for the 4th time in last 5 months

One year ago: New Zealand September 2012: Toyota Corolla #1 thanks to rentals

Full September 2013 Top 25 models and Top 56 All-brands Ranking Tables below.

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Categories: New Zealand

New Zealand August 2013: Ford Ranger #1 for the 4th time in last 5 months UPDATED

September 13th, 2013 2 comments

Ford Ranger New Zealand August 2013. Picture courtesy of carsguide.com.auFord Ranger

* NOW UPDATED with the Top 25 models and Top 57 All-brands! Click on title to see *

Another huge month for new car sales in New Zealand (yes there are still markets out there hitting record heights!): commercial vehicles are up 17% year-on-year to 2,602 registrations, the highest August score since 1984, while passenger cars are up 14% to 6,828, highest August since 1987! All-in-all the market is up 15% to 9,430 units this month and up 10% year-to-date to 73,294 sales… The Ford Ranger is #1 for the 4th time in the last 5 months thanks to 392 sales and 4.2% but remains third year-to-date at 2,969 units and 4.1% below the Toyota Corolla (4.4%) and Hilux (4.3%). Notice also the new gen Holden Commodore up to #6 with 247 sales and 2.6%, up 34% on August 2012, the VW Golf up 9 ranks to #7 and the Mitsubishi Mirage up 10 to #15.

Previous month: New Zealand July 2013: Ford Ranger in the lead, just

One year ago: New Zealand August 2012: Ford Focus #1 Passenger Car, up 210%

Full August 2013 Top 25 models and Top 57 All-brands Ranking Tables below.

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Categories: New Zealand