When is the right time to upgrade?

The 2 factors we think readers should consider when upgrading their car are: -

Current cars condition: -

Things to weigh up – how old is the current car, has any warranty period ended or is ending soon, is the car servicing costs likely to rise given wear, are parts for your model readily available, are your personal circumstances likely to change soon – baby on the way, change in employment

Is there a better time to get a good deal? -

Towards the end of the financial year (June) where there are often specials can be a great time to buy a new car.

In addition around November and December can also be a great time. Primary reason for this is that dealers can be keen to clear current models with new 2018 models expected early in the new year. 2017 cars can be harder to sell once new stock arrives. With Holden's recent closure it means increased numbers of cars are shipped to Australia. These can take months and for the shrewd educated buyer if they check both the build dates and compliance dates of vehicles they may find there is a difference in the years that may help negotiations.

When the car leaves the factory it carries a build date. The car then has to travel to Australia where it is fitted with a compliance date identifying the month and year it is approved for sale within Australia.