Why May–June 2025 Is the Smartest Time to Buy Your Next Car — Especially at Tynan Motors
If you're considering purchasing a new vehicle, the window between May and June 2025 offers a unique opportunity. With the end of the financial year (EOFY) approaching and significant tax changes on the horizon, now is the optimal time to make your move. Here's why:
💸 Take Advantage of EOFY Sales
EOFY is synonymous with substantial discounts and promotions across various industries, and the automotive sector is no exception. Dealerships, including Tynan Motors, are offering compelling deals to clear out inventory before the new financial year begins. For instance:
- Jeep is offering the 2025 Avenger electric SUV at a $16,000 discount, bringing the price down from $40,000 drive-away.
- MG has announced a $1,000 factory bonus on most models, including the MG4 EV and MG3 hatchback.
- Mitsubishi are encouraging buyers to get out and adventure with up to $3,000 cash card*.
- Hyundai have kickstarted EOFY with PREOFYS Drive away offers from $25,990*!
- Subaru have 5 years of complimentary Roadside Assistance plus a factory bonus on select models.
These deals are time-sensitive and are designed to incentivise buyers to act quickly.
⚠️ Upcoming Changes to the Luxury Car Tax (LCT)
Starting July 1, 2025, the Australian government will implement stricter criteria for what qualifies as a "fuel-efficient" vehicle under the LCT framework:
- The fuel consumption threshold will be reduced from 7.0L/100km to 3.5L/100km.
- This change means that many hybrid and efficient petrol vehicles will no longer be exempt from the LCT, potentially increasing their purchase price by 33% on the amount exceeding the LCT threshold.
By purchasing before this change takes effect, you can avoid the additional tax burden on vehicles that currently qualify as fuel-efficient.
🚙 Tynan Motors: Your Trusted Partner
Tynan Motors is well-positioned to help you navigate these changes:
- Diverse Inventory: From electric vehicles to hybrids and traditional petrol models, Tynan offers a wide range of options to suit your needs.
- Expert Guidance: The team at Tynan can provide insights into how the upcoming LCT changes may affect your vehicle choice and help you make an informed decision.
- EOFY Promotions: Take advantage of Tynan's exclusive EOFY deals, ensuring you get the best value for your purchase.
🏁 Act Now
With EOFY deals in full swing and significant tax changes imminent, the time to act is now. Visit Tynan Motors to explore their extensive inventory and take advantage of limited-time offers before the new financial year begins.
Note: Always consult with a tax professional or financial advisor to understand how these changes may specifically impact your situation.