Your guide to car Runout Sales

16 May, 2018

Believe it or not, it’s getting towards that time of year again. June is fast approaching and you know what that means - End of Financial Year.

And what happens during the End of Financial Year? Sales! And more specifically, car sales.

EOFY means dealers are keen to end the period on a high. They want to hit all their targets, and boost sales figures before the financial year closes. This means the market becomes more competitive and prices are reduced!

So we’ve got some tips you can use to get the best deal.
 

Pre-Approved Finance

Getting a greal deal doesn’t just apply to your car purchase. Make sure you research and compare your options.

First things first - pre-approval is a place to start, before you go shopping. Why not call into CWCU and get your car loan pre approved. Then you’re free to go hunting for a great bargain, knowing you have finance in the works! Once you have struck a deal, all you need to do is get the invoice to CWCU.

When you are ready to pick up your new wheels, CWCU will have the finance ready!
 

Price Matching

The EOFY push makes for a more competitive market for consumers. This means dealers are more willing to negotiate on prices. If you find the car you’ve been looking for somewhere else with a lower price, it’s definitely worth approaching the dealer you’ve been working with to see if they can match it.

Weekends are a popular time for prospective buyers to hit the town, so dealerships are often buzzing with activity on a Saturday and Sunday. You might find that salespeople are more willing to give you a better deal as it will boost their weekend sales results.
 

Perks

Price is not the only thing you can haggle with during the these sales! Don’t forget to ask if other inclusions can be thrown in to sweeten the deal.

Things like free servicing, upgrades at no extra cost, extended warranty and accessories such as window tinting, alloy wheels or floor mats are all on the table! Have a think about some of the things you’d like and prioritise those.
 

Terms and Conditions

Some dealers may not be completely upfront about the overall costs and inclusions of what you’re buying. Make sure to read the fine print to get the big picture. It’s also good to meet with dealers face to face so you can get a feel for the deal.

Things like delivery cost can sometimes be snuck in at a higher rate and not factored into the initial offer, making it seem like you’re getting a better deal.
 

Insurance

Of course, we musn’t forget, amongst all the sales excitement, about insurance! Unfortunately, no matter how safe a driver you are, things can happen on the road. It’s wise to get the most comprehensive cover, so you don’t find yourself in a financial pickle, should you have an accident.

CWCU offers Motor Vehicle Insurance, with different levels of cover and varied policies to suit your needs. Give us a call or stop into a branch for more information.