Top cars for a novated lease in 2016

“It is clear that there has never been a better time to buy a new car,” opined Chief Executive of the Federal Chamber of Automotive Industries Tony Weber at the start of the year. The question is, which do you go for?

The competitiveness of the market has seen new car buyers access an extensive range of finance options

Novated leasing has seen a huge surge in popularity in Australia, allowing new car shoppers to cut 10 per cent from their buying costs and budget their running expenses, too. From our perspective, there are plenty of cars that are attracting customers left, right and centre. After all, that’s one of the beauties of our current, competitive automotive market.

“The high level of choice in the Australian new car market is delivering Australian consumers’ access to high-quality vehicles at record affordability levels,” Mr Weber continued.

“In addition, the competitiveness of the market has seen new car buyers access an extensive range of finance options and genuine service offers that maintain the value and integrity of the vehicle.

Are you looking for a new car at a discounted price? Here are three of our best sellers:

1) Mazda CX-5 (Dealer price: $40,980 – $48,730)

If you’re in for a four-wheel drive, there’s not much to dislike about the Mazda CX-5, and Australia agrees, with 25,136 of these models sold in 2015. It’s a best-seller for us, too.

If you’re after a 2.2-litre turbo diesel that’s economical on fuel while producing 129kW of power and 420Nm of torque, the five-star safety rated SUV might just be the car for you. Mazda also has one of the best customer satisfaction ratings around, according to Roy Morgan, with 94 per cent of buyers giving the brand their seal of approval.

2) Ford Ranger (Dealer price: $39,040 – $46,420)

Oh how we love a good ute. In fact, ute sales in 2015 broke all records in 2015, the FCAI reports. Meanwhile, Cars Guide says 29,185 Ford Rangers were sold in Australia last year, even as Ford sales in general take a downturn.

Something is driving Australians to take home a Ranger; perhaps it’s the choice of models, with the superfluous XLT and Wildtrak models all offering different options. One thing’s for sure, the 36.72 out of 37 ANCAP rating – one of the highest ever awarded – is certainly not putting off safety-conscious car buyers.

3) Toyota Corolla (Dealer price: $19,790 – $32,509)

The Toyota Corolla has long been a favourite here in Australia, with a staggering 42,073 sold last year. 2015 marked the third successive year when the car took number one in the list of most popular cars across the country, and we see a lot of interest in the sought-after models, too.

The Corolla is a versatile machine, available as a sedan or hatchback, and the latest Ascent Sport and ZR models have prolonged Toyota’s successful time at the top. The Japanese brand also boasts one of the highest customer satisfaction scores in the country, with a huge 94 per cent of buyers saying they’re happy with their choice, Roy Morgan found.

A consistent five-star ANCAP crash rating also makes it a smart choice for those with safety in mind. With cheap servicing costs and attractive fuel economy – both of which can be made even more affordable with a novated lease – there’s a lot to love in a Corolla.

Are you looking for new car? Would you like to knock 10 per cent off the purchasing price and find savings in everyday running costs, too? Get in touch with Alliance Leasing to learn more about how novated leasing can help you.