Guide to End of Financial Year sales

Big price cuts for BYD, Chery and Kia
By Tim Gibson · 22 May 2026
It is that time of the year again when car brands target a last flurry of sales before the end of the financial year. These deals often tell a story of what stock brands need to move, and in a time when electric vehicle sales are more important than ever there are some strong deals on show. Here is a look at some of the best ones going around in 2026.Kia is offering discounts across many of its models, with the most noticeable one being for its struggling Tasman ute. The range-topping X-Pro Tasman now starts from $64,990 (drive-away), equating to a more than $10,000 discount on before on-road costs pricing. The deal is available until the 30 June 2026. Kia’s strong-selling EV3 and EV5 have also picked up sizeable drive-away discounts ending 30 June 2026. The EV3 is available from $46,990 (drive-away), which equates to free on-road costs, as well as a further small discount.The EV5 has received an even more substantial discount, starting from $49,990 (drive-away), with it previously available from $56,770, before on-road costs. Hyundai has also put out some standout deals, especially on its electric range. But you'll need to move fast, with the offer ending on May 31, 2026.The brand’s Kona Electric range all have substantial discounts, with a starting price of $45,990 (drive-away).The recently-launched Elexio SUV is available from $57,990 (drive-away), with it previously on sale from $58,990, before on-road costs. The Ioniq 5 is another of Hyundai’s models being offered with a noticeable discount, starting from $71,990 (drive-away) until 31 May 2026. MG is currently offering discounts across its range to conclude the financial year, with all deals running until 30 June, 2026. One of the biggest deals offered by the brand is a $6000 cashback offer on plug-in hybrid variants of its mid-size HS SUV.Petrol and plug-less hybrids examples are available with a $3000 cashback offer, which is also available on the QS large SUV and the U9 ute. Additionally, these $3000 cashback deals include five years of free servicing on the vehicles. There are also minor conditional discounts on the ZS small SUV and MG3 hatch currently. BYD is offering $3000 cashback on several of its models in Australia for vehicles delivered by 30 June 2026. The Premium variant of the popular Shark 6 plug-in hybrid ute gets the deal, and is now available from $54,900 (before on-road costs). Both variants of the Sealion 5 PHEV mid-size SUV, are also eligible, meaning it starts from $30,990 (before on-road costs). The Sealion 6 and Sealion 8 PHEV SUVs are available with the $3000 cashback offer. Chery is another brand to get in on the end of financial year deals. Its Tiggo 7 plug-in hybrid large SUV has discounts of $5000, now starting from $34,990 (drive-away). The hugely popular Tiggo 4 small hybrid SUV and Tiggo 8 plug-in hybrid large SUV are being offered with a $2000 factory bonus discount. Offers run until 30 June 2026.Ford has substantially reduced the price of its plug-in hybrid Ranger lineup, with it now starting from $62,000 (drive-away) down from $71,990 (before on-road costs) until 30 June 2026. This price cut brings it closer to the price of the rival BYD Shark 6, which retails from $57,900 (before on-road costs).Some variants of the diesel Ranger are also being offered with sharp drive-away deals. Toyota’s full-size Tundra hybrid ute has received a more than $10,000 discount for models from 2025 as part of a deal to remove on-road costs and add a cashback offer. This means the ute is now available from $145,990 (drive-away). The offer lasts until June 30 2026. 
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The vans not (yet) available in Australia
By Byron Mathioudakis · 20 May 2022
Vans are big business nowadays.
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A car as an instant asset write-off: How does it work?
By David Morley · 05 Apr 2022
It seems counter-intuitive to most taxpayers, but on a fairly regular basis, in order to stimulate a bit of business activity, the Australian Tax Office will offer what’s called an instant asset write off.
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EOFY deals still happening in 2021
By Neil Dowling · 30 May 2021
Unprecedented new-car delays and extensive waiting times are severely crimping the eagerly-awaited annual end-of-financial-year (EOFY) sales that provide a boon to car dealers and some fantastic discounts for buyers.The pandemic has trickled its effects d
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Best hatchbacks to buy this EOJFY
By Neil Dowling · 17 Mar 2021
Perfect for the city and suburbs, but with legs long enough to gobble up country miles, hatchbacks are still as popular as ever and the end of the Japanese financial year is the best time to get an extra squeeze on pricing.
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Japanese SUVs on sale ahead of EOJFY
By Neil Dowling · 16 Mar 2021
There are still some very attractive bargains in SUVs despite a tight Australian market with some models in poor supply.
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Best ute deals for EOJFY
By Neil Dowling · 15 Mar 2021
Now is the best time to buy a ute or, indeed, anything vehicle from a Japanese manufacturer as March is the end of the Japanese financial year (EOJFY) and some excellent cut-price bargains are floating around.Some brands have slashed more than $10,000 off
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Why it is a great time to take advantage of EOFY sales
By Stephen Corby · 14 Dec 2020
As acronyms go, EOFY is not particularly sexy like NASA or NASCAR, or fun like ROFL and LOL, and if you’re not an accountant, it probably doesn’t grab your attention as much as it should.
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New car market bounced back with June
By Andrew Chesterton · 03 Jul 2020
The lure of an EOFY year bargain helped make June the strongest month of new car sales since the coronavirus pandemic began, according to official data from the Federal Chamber of Automotive Industries (FCAI).But don't get too excited - sales in June were
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Looking for a hatchback deal this EOFY?
By Neil Dowling · 19 Jun 2020
Hatchbacks are renowned for their zippy road manners, great fuel economy and easy-to-park dimensions, making them perfect for commuting and getting around the suburbs.
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