What cars are Australians buying?
As of January 2016, 13.8 million cars were registered to Australian drivers, according to the Australian Bureau of Statistics. By looking at how the national fleet is broken down, you can gain valuable insight into what car works best for you.
According to the Federal Chamber of Automotive Industries, motor vehicle sales were up in January 2017 compared to the previous year. In terms of volume of cars sold, the top five performers were:
- Mazda3 (3,473)
- Toyota Corolla (2,943)
- Toyota Hilux (2,702)
- Ford Ranger (2,622)
- Hyundai i30 (2,018)
What are the most popular green vehicles?
On the other hand, another important criteria when buying a car is the environmental impact it’ll have over the course of its lifetime. Hybrid, electric or even simply low-emission vehicles are great options. The Green Vehicle Guide, an Australian Government Initiative, definitively ranks models based on their environmental performance. Comparing things like CO2 emissions, fuel consumption as well as the engine and transmission between different car models is an excellent way to identify how well a new car will impact the environment.
Unsurprisingly, the most popular cars are not the most environmentally friendly ones. The best performing green cars, such as the BMW i3, Renault Kangoo andTesla Model S, might be excellent cars, but they’re not always practical options for people to buy without financial assistance. However, there are still plenty of options to buy an environmentally friendly vehicle.
At Police Bank, when you borrow for a Green Rated vehicle (with a CO2 rating below 150g/km) you are rewarded with a special low interest rate. By choosing a hybrid or electric vehicle, you also save money on fuel costs with fewer petrol stops, further reducing your vehicle’s impact.