VIDEO – VFACTS February 2023 with carsales’ Craig Fraser

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With almost 87,000 vehicles sold, it was the strongest February result since 2019.

And that result came after just 24 selling days in the shortest month of the year.

While the Ford Ranger topped the sales charts, brands including Mazda and Mitsubishi, posted strong sales as well, with boatloads of back-ordered cars like the CX-5 and Outlander finally making it to dealers.

MORE: “Issues for years” – chip issues likely to linger

People buying a new vehicle in 2023 are more conscious than ever about their finances. This is where carsales Finance Extension can help.

Displaying a weekly finance estimate right on the vehicle listing, can improve the visibility of your finance offering.

It’s also a great way to introduce finance at an earlier point in the buying journey.

Now that new car stock is flowing more freely, are we out of the woods yet when it comes to supply?

The answer, unfortunately, is probably not.

Automotive supply chains are still under strain right across the industry, and will be for some time to come.

Shipping, too, is a bottleneck for carmakers, as they all fight to secure a limited number of slots on board car carriers heading to Australia.

Making sure that your customer is kept informed of any delays in the delivery of their new vehicle can be a challenge,

But your focus on customer service will pay off in the long run.

[author] [author_image timthumb=’on’]https://business.carsales.com.au/wp-content/uploads/2023/02/CF-Thumbnail-LI.jpg[/author_image] [author_info]Craig Fraser[/author_info] [/author]

 

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