MARKET WATCH AUTO EDITION 19 - FLYING START FOR GLADIATOR
←
→
Page content transcription
If your browser does not render page correctly, please read the page content below
AUTO ALSO INSIDE MARKET AUSTRALIA'S EDITION 19 MOST WANTED CARS IN EACH STATE AND TERRITORY WATCH FLYING START FOR GLADIATOR COLLABORATIVE DIGITAL PRE-LAUNCH CAMPAIGN GENERATES MASS AWARENESS AND SALES PROSPECTS BUSINESS.CARSALES.COM.AU
COVER: 2020 JEEP GLADIATOR The information contained in this document is general information only, is current only as at the date it is provided and has been prepared using information from carsales.com Limited’s (carsales) own internal analytics systems available at the time of preparation of this publication and from third parties. carsales takes care to ensure that the material in this document is accurate and complete, however it does not warrant the accuracy or completeness of any representations made in the document or that the material is suitable for any purpose. You are responsible for assessing the material and rely on it at your own risk. To the full extent permitted by law, carsales excludes all guarantees, warranties or representations of any kind in relation to the material and all liability for loss or damage (including indirect or consequential loss or damage) which may be incurred in connection with your use of or reliance on the material contained in this document. The information contained in this document is © carsales.com Limited and is carsales’ exclusive property. You will not acquire any intellectual property rights in this information. You must keep this document and its contents confidential and must not disclose it to any third party without carsales’ prior written consent. MAXIMUM REACH AND HIGH IMPACT Own the gateway to Australia's largest DISCOVER MORE and most engaged car-buying audience 2 Source: carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
FROM THE CEO Welcome to Edition 19 of carsales Auto We’re very pleased to have heard directly served 33.3m sessions—our highest-ever Market Watch. I hope that this edition from our dealer partners that the month of traffic.¹ finds you, your family and your measures have made a real difference. Engagement with our Editorial content in colleagues, safe and well. Also in April and May, we conducted May also broke new ground, registering a series of weekly webinar learning over 3.1m reads.2 GREEN SHOOTS BEGIN sessions to help keep the Australian All in all, this record level of site TO EMERGE automotive industry informed in what engagement demonstrates strong was, and continues to be, a rapidly The last three months have, undoubtedly, demand from auto consumers and in changing environment. been among the most challenging faced turn, sales opportunities available to by the Australian automotive industry Some of the topics we covered included dealers and brands on carsales. ever. Including January's bushfire crisis, evolving trading conditions, government In particular for dealers, the rebound 2020 has been an unprecedented year. assistance measures, changing consumer in car-buying activity is an opportunity I'm proud that the carsales response has preferences and sentiment. The growing to return staff to work, to ensure that been early and very active in supporting attendance and interest of dealer and inventory is effectively merchandised on the interests of the auto industry and all OEM staff from across Australia shows site, and that enquiries are responded to our dealer partners. the sessions were well received. Again it in a timely fashion. was great to get direct feedback that the In addition to April’s announcement of CAMERON MCINTYRE waived fees, over the course of May and webinars were valuable to our customers. And as state governments ease CEO & MANAGING DIRECTOR restrictions on domestic travel, and June we communicated more support Catch-ups of these webinars can be found CARSALES.COM LTD consumers re-evaluate their lifestyles and measures to reduce dealers’ short-term at business.carsales.com.au/events. transport preferences, many signs point operating costs, particularly around new More recently, there has been a notable towards an uptick in car ownership. Rest cars, where the industry still finds itself and sustained rebound in car-shopping assured, carsales will continue to monitor extremely challenged. We also extended behaviour. This culminated in record consumer attitudes and sentiment over the our EAP counselling assistance to dealer activity on carsales. In May 2020, carsales coming months and keep you up to date. staff should they need support. Sources: 1Nielsen Digital Content Ratings, May 2020. 3 2 carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
FROM THE CEO COMMITMENT TO ADVANCEMENT If anything, the challenges of the COVID-19 period have seen our commitment to helping dealers, with both effective products and innovative technology that meets evolving customer expectations, increase. A key example was our rollout of the new ‘Buy from home’ feature in April. This THE 'BUY FROM HOME' BADGE IS VISIBLE FROM SEARCH RESULTS PAGES AND DETAILED VIEWS PAGES. feature clearly resonated with dealers (and consumers) and it’s now available on NEW FEATURES LIKE more than 30,000 cars onsite. New features like ‘Buy from home’ will be and looking forward to continuing to ‘BUY FROM HOME’ ‘Buy from home’ groups the promotion important to answering new consumer evolve our offering to consumers and WILL BE IMPORTANT TO needs and will continue to shape how dealers alike. of a number of ‘virtual showroom’ dealer services that enable car buyers to better sales transactions are undertaken not ANSWERING NEW Stay safe and enjoy the latest buyer engage with cars without leaving home. just now, but well into the future. behaviour insights, business tips and CONSUMER NEEDS Using ‘Buy from home’, dealers can MORE TO COME industry news in this edition of Auto AND WILL CONTINUE TO Market Watch. highlight to consumers that they can Australia is a very different place than it SHAPE HOW SALES package home test drives, finance applications, trade-in valuations, remote was just a few months ago, but there’s For more, visit our dedicated destination business.carsales.com.au for insights and, TRANSACTIONS ARE payments and driveway deliveries—key no doubt that in the auto sector and in other key marketplaces, green shoots of as always, contact your Account Manager UNDERTAKEN NOT JUST services required for a consumer to confidently buy a car from the comfort of recovery are emerging. Change has its if you require anything additional. NOW, BUT WELL INTO home and sight unseen. positives and we’re embracing those THE FUTURE. 4 Source: carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
GENUINE PURCHASE INTENT MASS AWARENESS HALO BOOST FOR BRAND Hundreds of sales prospects Jeep achieved its highest view (consideration) and enquiry (intent) CAMPAIGN RESULT HIGHLIGHTS > generated by the campaign, 0.6% CLICK- share on carsales in three years, exceeding objective by ALMOST 30%. THROUGH RATE, with view-to-enquiry conversion now better than the industry Jeep Australia and carsales’ collaborative digital pre-launch campaign ensured the 63,000 UNIQUE average on carsales. all-new Gladiator truck achieved mass HIGH ENGAGEMENT LANDING PAGE awareness with its target audience, Visitors spent an average of VISITORS AND DEALER SALES PIPELINE resulting in an influx of sales prospects to kick-start the new nameplate and a halo 2 MIN 47 SECS 75,000 VIDEO PLAYS Gladiator ranked eighth for views and fourth for enquiries for new cars browsing the dedicated Gladiator generated by the Gladiator campaign. in the ultra-competitive 4x4 Light effect across the Jeep brand. campaign landing page. Commercial Vehicle segment. 5 Source: Jeep Gladiator carsales brand internal data,campaign, May 2020.carsales internal data, 24 February–31 March 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
that the Jeep Gladiator launches. Wrangler and Grand Cherokee, in However, as the only vehicle to empower Australia,” says Tom Noble, Director its owners to remove the doors and roof, Marketing and Communications at and lower the wind-screen, the Gladiator Jeep Australia. is uniquely and boldly positioned as the “That’s why the Gladiator is so exciting segment’s clear recreational and lifestyle for us. It’s the first Jeep truck for the choice, facilitating on- and off-road Australian market and a unique lifestyle adventurism like no other vehicle for sale. pickup for us to launch.” Critical to success was the execution of a LEVERAGING CARSALES TO DRIVE successful pre-launch campaign of the BETTER BRAND RESULTS Jeep Gladiator—making both 4x4 and As the 4x4 Light Commercial segment’s dual-cab shoppers aware that there was a share of the new car market continues to new and exciting nameplate from a new BY DAVID TOSCANO, TRADE CONTENT EDITOR, CARSALES.COM.AU grow, so too do loyalties. Brand brand in the segment. Showcasing its preference runs deep with 4x4 Light unique elements was key to making it a ‘must’ on auto buyers’ shopping lists. THERE’S A LIFESTYLE-CENTRIC searched and viewed new car segment on Commercial Vehicle buyers, presenting a carsales; Australia’s #1 for cars. challenge for a new brand and nameplate PLAYER READY FOR A entrant such as the Jeep Gladiator. After consultation with carsales media experts, it was soon clear that carsales’ COMPETITIVE SEGMENT Storied and highly-recognisable leading media and targeting solutions, nameplates are a feature of the 4x4 Light The Jeep Gladiator is not only a new Driven by Australia's love of the outdoors car-buying audience and contextual Commercial segment and consistently nameplate, but a new body type for the and recreation, years of solid environment were Jeep’s ideal choice via rank in the top 20 of Australia’s monthly brand in Australia. While consumers in construction activity and generous tax which to make a big splash with local new car rankings. These nameplates the US have fond memories of Wrangler- incentives, the Light Commercial Vehicle buyers, highlight its unique selling include the Toyota HiLux, Ford Ranger, based trucks such as the original Gladiator category is now one of the hardest fought features and develop a pipeline of Mitsubishi Triton, Nissan Navara, Isuzu of the 1960s, and later the Comanche and segments of the Australian new car genuine sales prospects. D-Max and Mazda BT-50, while premium Scrambler, most Australian buyers have market. It accounted for 24% of new car European players include the Volkswagen little exposure to these models. “The carsales environment is a powerful sales in April 2020 and more than 22% Amarok and Mercedes-Benz X-Class. platform to reach and influence car annually for the last two years according “We’re most commonly associated with to VFACTS. The segment is also the most rugged, go-anywhere SUVs such as the buyers before they form their It is into this ultra-competitive segment 6 Source: Jeep Gladiator brand campaign, carsales internal data, 24 February–31 March 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
consideration set—43% of our audience for hauling adrenaline equipment, is in the Discovery phase and 3–6 months wherever adventure takes you,” says Noble. out from purchasing a new car,” carsales “The vehicle is distinct in both its Head of Insights, Jeremy Moger explains. appearance and the industry, and as a consequence we wanted to feature COLLABORATION AND video content that showed this off for AUSTRALIAN-FIRST our online pre-launch campaign, along with the Gladiator’s genuine on- and PARTNERSHIP off-road capabilities.” Jeep and carsales jointly developed a pre-launch digital campaign for Gladiator. Key audiences were channelled to the The objectives were: to create high reach Jeep Gladiator landing page by proven awareness to key audiences; increase on- and off-network media. These consideration of the Gladiator with placements included native media seeded in-market buyers already shopping in target search results, eye-catching 30% up on the campaign objective. competitor vehicles; and drive intent by video and primetime display placements BOTH RESULTS-EFFECTIVE such as the carsales.com.au homepage. capturing a high volume of pre- AND COST-EFFECTIVE And the effects of the campaign have registrations. This guaranteed the campaign and the been long lasting. The Gladiator ranked Jeep brand a high level of carsales The results of the carsales Jeep Gladiator eighth for views and fourth for enquiries To meet these targets, the carsales network ownership. digital pre-launch campaign exceeded all for new cars in the 4x4 Light Commercial campaign solution was centered on a expectations, delivering 0.6% click-through The campaign also marked the debut of Vehicle segment. dedicated campaign landing page, rate, 63,000 unique landing page visitors featuring exciting hero video content carsales’ Australian-first audience and 75,000 video plays. Engaged page “Our Gladiator pre-launch campaign which highlighted the Jeep Gladiator’s targeting capabilities. The use of this visitors spent an average of nearly three exceeded expectations and positions us iconic design, and championed its unique targeting empowered Jeep to overlay minutes on the landing page watching the strongly for success as we transition to vehicle features and benefits. affinity for light commercial vehicles with hero video content and evaluating the our launch phase and activity,” says Noble. the behavioural attributes of their target unique selling points of the Jeep Gladiator. “The Gladiator is the world’s only open-air audience, and all matched to buyers 3-6 “Not only did we achieve mass awareness truck and with legendary off-road months out from their purchase. This engagement translated into of the Gladiator nameplate and a pipeline capability, it’s the perfect lifestyle vehicle hundreds of pre-registration leads, nearly of sales prospects to nurture over the 7 Source: Jeep Gladiator brand campaign, carsales internal data, 24 February–31 March 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
coming months, but the campaign drove wider benefits for the Jeep brand and our dealer network.” The high network ownership of the Gladiator campaign propelled Jeep to its highest view and enquiry share on carsales in three years, leapfrogging three competitors in brand rankings across these two key new-car metrics. “We were delighted to partner with Jeep to deliver a results-effective and cost- effective campaign. The results evidence the power of the carsales contextual KEY AUDIENCES WERE environment in delivering brand CHANNELLED TO THE JEEP campaigns that not only meet, but exceeded our client’s expectations,” says GLADIATOR LANDING PAGE Vanya Mariani, General Manager – Auto BY PROVEN ON- AND OFF- OEM and Media at carsales. NETWORK MEDIA. “The ability to deliver this halo effect to the Jeep brand and wider model lineup is unique to carsales brand campaigns. The multiplier effect is Australia’s largest and most engaged car-buying audience, and largest marketplace of inventory. “We look forward to working with Jeep again and more OEMs soon, to drive better marketing and sales outcomes,” concluded Mariani. 8 Source: Jeep Gladiator brand campaign, carsales internal data, 24 February–31 March 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
“THE ABILITY TO DELIVER THIS HALO EFFECT TO THE JEEP BRAND AND WIDER MODEL LINEUP IS UNIQUE TO CARSALES BRAND CAMPAIGNS. THE MULTIPLIER EFFECT IS AUSTRALIA’S LARGEST AND MOST ENGAGED CAR-BUYING AUDIENCE, AND LARGEST MARKETPLACE OF INVENTORY." MORE INFORMATION ON THE JEEP GLADIATOR IS AVAILABLE HERE 9 BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
BUYER BEHAVIOUR OVERVIEW MAY 2020 ENQUIRIES BY SOURCE ENQUIRIES BY HOUR TRADITIONAL BUSINESS HOURS (9AM-5PM) 38% EMAIL 33% PHONE 41% of dealer enquiries REST OF DAY occurred outside of traditional 9am–5pm business hours 29% SMS 12am 1am 2am 3am 4am 5am 6am 7am 8am 9am 10am 11am 12pm 1pm 2pm 3pm 4pm 5pm 6pm 7pm 8pm 9pm 10pm 11pm TRAFFIC BY DEVICE SESSIONS OUTSIDE OF TRADITIONAL BUSINESS HOURS 80% of the traffic to carsales was via a mobile device 20% 38% DIGITAL SHOWROOMS DESKTOP MOBILE NEVER CLOSE 51% of carsales sessions Australian car buyers are occurred outside of researching and searching for traditional 9am–5pm cars day and night on carsales. business hours 12% 30% ANDROID IOS APP APP 10 Source: carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
CARSALES ACHIEVES BY DAVID TOSCANO, TRADE CONTENT EDITOR, CARSALES.COM.AU RECORD AUDIENCE Australia’s #1 for cars, carsales.com.au, has set a new all-time-high audience in IN MAY AS INTEREST May 2020, achieving a Unique Audience of 4.8M people according to Nielsen’s Digital Ratings Monthly report—35% IN CARS SURGES higher than the same month in 2019.¹ carsales served 33.3M sessions in the month—also up 35% on the same month last year.¹ Visitors to carsales.com.au were also highly engaged, spending on average over 37 minutes onsite over the course of the month.¹ “There’s genuine intent to buy that’s under- pinning this unprecedented period of car-shopping activity,” says Kellie Cordner, Chief Marketing Officer at carsales. “It’s providing dealers and brands with both immediate sales opportunities and prospects to keep warm over the coming months.” A key indicator of interest in new and soon-to-be-released cars, engagement with carsales Editorial content, also grew substantially in May. 11 Source: 1Nielsen Digital Content Ratings, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
A record Unique Audience of 1.4M it is to have new cars available on-site for engaged with editorial content across consumers to research and purchase.” carsales auto sites (carsales.com.au and The sizeable increase in new car research motoring.com.au).¹ Editorial sessions were 63% higher than April 2020, reaching over 2.6M sessions according to Nielsen— and shopping activity comes at a time when social distancing measures have TOP 20 SEARCHED another record.¹ been eased and many buyers have re-evaluated their transport preferences. NEW CARS ON CARSALES2 The unique connection of carsales Editorial Government measures such as the content to dealer and automaker inventory extended Instant Asset Write Off cements its increasing importance and allowance and the traditionally strong run 01 FORD RANGER 11 VOLKSWAGEN AMAROK influence in the car-buying journey. With into the end of financial year are also just one click on carsales, buyers can 02 MITSUBISHI TRITON 12 HYUNDAI I30 likely to have contributed to the record transition from researching a car via level of audience and engagement. editorial content, to browsing a dealer or 03 TOYOTA HILUX 13 MAZDA3 automaker’s virtual showroom and making The Ford Ranger, Mitsubishi Triton and an informed purchase decision—all from Toyota HiLux were the three most 04 VOLKSWAGEN GOLF 14 HOLDEN COLORADO the comfort of home. popular new cars searched on carsales 05 TOYOTA LANDCRUISER 15 MERCEDES-BENZ GLC-CLASS in May 2020. “Our written and video reviews and comparison tests continue to inspire and Key models in the booming Medium SUVs 06 TOYOTA RAV4 16 TOYOTA COROLLA educate a broad range of Australian car segment were also well represented in 07 NISSAN NAVARA 17 ISUZU D-MAZ shoppers about the merits of different the carsales top 20, with the Toyota RAV4, models, makes and segments—from Volkswagen Tiguan, Mazda CX-5, 08 VOLKSWAGEN TIGUAN 18 TOYOTA LANDCRUISER PRADO consumers with limited auto Mercedes-Benz GLC-Class and Hyundai understanding to those more Tucson all featuring. 09 MAZDA CX-5 19 KIA CERATO knowledgeable,” continues Cordner. 10 MERCEDES-BENZ C-CLASS 20 HYUNDAI TUCSON “The record engagement with carsales editorial content highlights how important 12 Source: 1Nielsen Digital Content Ratings, May 2020. 2carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
DIGITAL AUTO LANDSCAPE MAY 2020 MONTHLY UNIQUE AUDIENCE MONTHLY TIME SPENT PER PERSON CARSALES IS CARSALES IS LARGER BY x 2.0 x 3.4 x 7.6 x 11.1 LARGER BY x 1.8 x 3.6 x 6.3 x 9.7 4,805,262 37m 50s 20m 51s 2,379,795 1,399,179 10m 34s 629,221 6m 03s 433,974 3m 53s CARSALES GUMTREE CARADVICE DRIVE AUTOTRADER CARSALES GUMTREE AUTOTRADER CARADVICE DRIVE AUTO AUTO TOP 3 UNIQUE AUDIENCE GROWTH | MAY 2019 VS MAY 2020 CARSALES PAGE VIEWS +35% +2% 432,668,549 +16% ON MAY 2019 -3% CARSALES CARADVICE GUMTREE AUTO 13 Source: Nielsen monthly tagged Digital Content Ratings May 2020. CarsGuide data not included due to tagging issues for May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
DIGITAL AUTO EDITORIAL LANDSCAPE MAY 2020 MONTHLY UNIQUE AUDIENCE1 MONTHLY TOTAL SESSIONS1 CARSALES EDITORIAL CARSALES EDITORIAL MAY 2020 1,239,968 +65% MAY 2020 2,432,249 +63% APR 2020 APR 2020 CARADVICE CARADVICE MAY 2020 1,399,179 +9% MAY 2020 3,217,152 +9% APR 2020 APR 2020 CARSALES CONTENT DELIVERS RECORD HIGH UNIQUE AUDIENCE AND SESSIONS2 carsales is the preferred new car destination and interest in soon-to-be released cars is soaring, with 61% of auto intenders shopping at carsales when looking to buy a new car. Sources: 1Nielsen monthly tagged Digital Content Ratings April–May 2020. CarsGuide data 14 not included due to tagging issues for May 2020. 2Nature research, January–March 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
SUV ONSLAUGHT Barrage of new SUVs are due in local showrooms in the second half of this year AUDI E-TRON If you thought the coronavirus pandemic AUDI E-TRON FORD ESCAPE and the plethora of new SUVs already launched in 2020 would put the brakes Audi’s first electric SUV finally arrives in September, priced Finally arriving here in August, the all-new Ford Escape will on new SUV releases in the second half of from under $138K—lineball with the Mercedes-Benz EQC— bring major design and tech upgrades, including the first this year, think again. and available in two body styles (SUV and Sportback), each plug-in hybrid version, making it Ford Australia’s first comprising three model variants initially. electrified model. So far this year we’ve seen the launch of the new Audi Q3 and facelifted Q7, the new BMW X6, Maserati Levante GTS and AUDI RS Q3 FORD PUMA Trofeo, Mazda CX-30, Mercedes-Benz Audi’s hottest small SUV lobs in August, in both standard and Say goodbye to the unloved Ford EcoSport and hello to the GLS, Porsche Cayenne Coupe, Skoda Sportback versions, based on the redesigned Q3 and priced Puma, an all-new European-designed small SUV that Kodiaq RS and hybrid versions of the from under $90K. promises to finally put the Blue Oval on the compact SUV Subaru Forester and XV. map Down Under from October. But there are even more new SUVs— across all shapes, sizes and price points— AUDI RS Q8 coming over the next six months. The 900Nm Audi SQ8 TDI is a fitting SUV flagship for the GENESIS GV80 German car-maker, but late this year it will be superseded in Hyundai might have launched its luxury brand in Australia 48% that role by the 441kW twin-turbo V8-powered RS Q8—the with two sedans—the mid-size G70 and large G80—but OF NEW-CAR SALES IN wildest SUV ‘coupe’ yet seen from Ingolstadt. things will get serious with the arrival of the first Genesis SUV MAY 2020 WERE SUVS* (and the first to be powered by a new inline turbo-diesel six) in the third quarter. 15 *Source: VFACTS, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
HYUNDAI TUCSON LAND ROVER DEFENDER MINI COUNTRYMAN It’s yet to be revealed and might not quite make it here Britain’s born-again off-road SUV finally arrives Down It’s not all-new, but the MINI Countryman will bring a by the end of 2020, but the fourth-generation Hyundai Under in August, in long-wheelbase five-seat 110 form, significant mid-life makeover later this year, bringing Tucson will take the fight to the Toyota RAV4 and followed in October by the short-wheelbase Defender upgraded engines, designs and colours. Mazda CX-5 with a fresh design and new tech including 90 two-door, which will initially be offered only in high- the first hybrid version. spec P400 First Edition guise, limited to just 100 units. NISSAN JUKE The second-generation Nissan JUKE might not be quite HYUNDAI SANTA FE MAZDA CX-3 as polarising as the first, but it will continue to open A heavy facelift for Hyundai’s evergreen large SUV, the Another update for Mazda’s smallest SUV later this Nissan’s SUV range with edgy styling, alongside Santa Fe, will bring a radical new front-end design, year will bring upgrades including Apple CarPlay, in an thoroughly updated styling and technologies for a revised interior and perhaps the first hybrid version by attempt to stay competitive with a host of new small sub-$30K starting price from July. the end of 2020. SUV arrivals. KIA SORENTO MERCEDES-BENZ GLA The fourth-generation Kia Sorento seven-seater won’t We’ve got the new A-Class hatch/sedan, B-Class arrive here with hybrid power, but it will be available people-mover and CLA-Class sedan; now stand by for with petrol and diesel engines and some clever new the new GLA-Class, the second generation of safety tech, even if it’s been delayed to August. Mercedes-Benz’s smallest SUV due here in September. KIA STONIC MERCEDES-BENZ GLB Seltos might be selling up a storm but late this year it This all-new seven-seat mid-size SUV from Mercedes will be joined by an even smaller and cheaper Kia SUV, arrives in July, priced from $60K and positioned just the Stonic. Australia’s version is yet to be revealed, but under Australia’s most popular luxury SUV, the Benz expect a similar circa-$20K starting price and pint-size GLC. engine as the Hyundai Venue. NISSAN JUKE 16 BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
PORSCHE CAYENNE GTS SKODA KAROQ SUZUKI IGNIS The next instalment of the new Porsche Cayenne Not all-new but facelifted, the mid-size Skoda Karoq The Suzuki Ignis gets more SUV-like—and dare we say line-up will continue in October with the arrival of the range also arrives in July and will be topped for the first Jeep-like—with a Series II facelift that from this month performance-focussed GTS, which returns to V8 power time by a top-spec 140TSI flagship priced under $40K. brings a new-look front-end design but the same small and will be available in Coupe form for the first time. engines and standard specs for two pricier model grades. Expect a new plug-in hybrid Cayenne this year too. SUBARU OUTBACK It’s been a long wait for the new Subaru Outback—and TOYOTA FORTUNER RENAULT CAPTUR there’s still a while to wait—but the sixth-generation We’ve seen the upgraded Toyota HiLux ute and the The French car-maker hasn’t said exactly when it will crossover wagon will finally land in local showrooms Fortuner wagon that shares its ladder frame is also arrive, but the second-generation Renault Captur is late this year. updated for 2020, bringing new frontal styling and confirmed for Australia and, like the new Clio hatch on fresh multimedia connectivity from late August. which it’s based, will bring big advances both above and beneath its skin. SKODA SUPERB SCOUT OK so it’s a crossover wagon and not strictly an SUV —and it’s also a limited-edition—but there’s a new Skoda Superb Scout 4x4 available now, ahead of the arrival of facelifted Superb sedan and wagon models in November. SKODA KAMIQ Due for launch in July is the all-new Skoda Kamiq, the Czech brand’s first small SUV, which will be available for starters in a single front-drive 110TSI auto spec. SKODA SUPERB SCOUT 17 BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
TOYOTA YARIS CROSS COVID-19 has delayed the arrival of the new Toyota Yaris hatch, but when it arrives in August it will be quickly followed by GR hot hatch and Cross crossover versions, the latter representing an all-new entry-level SUV for the Japanese giant. VOLKSWAGEN T-CROSS Already on sale ahead of first deliveries this month, the all-new Volkswagen T-Cross is based on the Polo, powered by a 1.0-litre turbo-petrol triple and priced from under $27K. VOLKSWAGEN T-ROC The slightly larger, Golf-based Volkswagen T-Roc follows in August and will launch in a single 140TSI VOLKSWAGEN T-ROC 2.0-litre turbo-petrol variant priced at around $40K. VOLKSWAGEN TOUAREG V8 VOLVO XC40 RECHARGE Fresh from launching the Adventure special-edition There’s an all-electric version coming early next year WHICH NEW MODELS ARE COMING and with the upcoming plug-in hybrid R version looking but available from next month is the first electrified TO AN AUSTRALIAN SHOWROOM shaky for Australia, the new Volkswagen Touareg range version of Volvo’s smallest SUV, the XC40 Recharge NEAR YOU AND WHEN? will be topped by the ballistic TDI V8 in October, Plug-In Hybrid, which for $65K brings a 46km EV range bringing a 310kW/900Nm 4.0-litre twin-turbo diesel V8. and fuel consumption of just 2.0L/100km. CHECK OUT THE CARSALES NEW CAR CALENDAR 2020 18 BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
BUYER ANALYSIS BY STATE CARSALES INTERNAL DATA TO GIVE YOU A BETTER IDEA OF BUYER ACTIVITY IN YOUR STATE BROUGHT TO YOU BY Source stock smarter for quicker and more profitable sales. LEARN MORE 19 BUSINESS.CARSALES.COM.AU
NSW BUYER ANALYSIS DISCOVER THE MOST POPULAR CARS IN MAY 2020 MOST SEARCHED MOST DELISTED STATE AUDIENCE TOYOTA HILUX 01 MAZDA3 TOYOTA LANDCRUISER 02 MITSUBISHI TRITON TOYOTA COROLLA 03 FORD RANGER 2,862,144 FORD RANGER 04 TOYOTA COROLLA VOLKSWAGEN GOLF 05 HYUNDAI I30 HOLDEN COMMODORE 06 MAZDA CX-5 MONTHLY USERS TOYOTA LANDCRUISER PRADO 07 VOLKSWAGEN GOLF MAZDA3 08 TOYOTA HILUX MERCEDES-BENZ C-CLASS 09 HOLDEN COMMODORE TOYOTA RAV4 TOYOTA CAMRY MITSUBISHI TRITON 10 11 12 MAZDA BT-50 NISSAN NAVARA MERCEDES-BENZ C-CLASS 10,521,426 MONTHLY SESSIONS TOYOTA KLUGER 13 NISSAN X-TRAIL NISSAN NAVARA 14 HYUNDAI TUCSON HYUNDAI I30 15 MITSUBISHI OUTLANDER BROUGHT TO YOU BY Source stock smarter for quicker and more profitable sales. LEARN MORE 20 Source: carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
ACT BUYER ANALYSIS DISCOVER THE MOST POPULAR CARS IN MAY 2020 MOST SEARCHED MOST DELISTED STATE AUDIENCE TOYOTA HILUX 01 TOYOTA COROLLA VOLKSWAGEN GOLF 02 MAZDA3 TOYOTA LANDCRUISER 03 MITSUBISHI ASX 145,527 FORD RANGER 04 FORD RANGER TOYOTA LANDCRUISER PRADO 05 NISSAN X-TRAIL MAZDA CX-5 06 TOYOTA CAMRY MONTHLY USERS HOLDEN COMMODORE 07 KIA RIO MAZDA3 08 HOLDEN COMMODORE MERCEDES-BENZ C-CLASS 09 TOYOTA HILUX TOYOTA COROLLA ISUZU D-MAX BMW X5 10 11 12 HOLDEN COLORADO TOYOTA RAV4 TOYOTA KLUGER 481,154 MONTHLY SESSIONS VOLKSWAGEN AMAROK 13 VOLKSWAGEN GOLF BMW 3 SERIES 14 LAND ROVER DISCOVERY SPORT NISSAN NAVARA 15 NISSAN QASHQAI BROUGHT TO YOU BY Source stock smarter for quicker and more profitable sales. LEARN MORE 21 Source: carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
VIC BUYER ANALYSIS DISCOVER THE MOST POPULAR CARS IN MAY 2020 MOST SEARCHED MOST DELISTED STATE AUDIENCE TOYOTA LANDCRUISER 01 FORD RANGER TOYOTA HILUX 02 HOLDEN COMMODORE HOLDEN COMMODORE 03 VOLKSWAGEN GOLF 2,416,246 FORD RANGER 04 HYUNDAI I30 TOYOTA COROLLA 05 MAZDA3 MERCEDES-BENZ C-CLASS 06 NISSAN X-TRAIL MONTHLY USERS VOLKSWAGEN GOLF 07 TOYOTA COROLLA TOYOTA LANDCRUISER PRADO 08 MITSUBISHI TRITON NISSAN NAVARA 09 TOYOTA CAMRY FORD FALCON MAZDA3 TOYOTA CAMRY 10 11 12 MERCEDES-BENZ C-CLASS TOYOTA HILUX NISSAN NAVARA 9,526,783 MONTHLY SESSIONS MITSUBISHI TRITON 13 HOLDEN COLORADO TOYOTA RAV4 14 VOLKSWAGEN TIGUAN BMW 3 SERIES 15 MAZDA CX-5 BROUGHT TO YOU BY Source stock smarter for quicker and more profitable sales. LEARN MORE 22 Source: carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
TAS BUYER ANALYSIS DISCOVER THE MOST POPULAR CARS IN MAY 2020 MOST SEARCHED MOST DELISTED STATE AUDIENCE TOYOTA LANDCRUISER 01 SUZUKI SWIFT TOYOTA HILUX 02 FORD RANGER FORD RANGER 03 VOLKSWAGEN GOLF 73,570 TOYOTA LANDCRUISER PRADO 04 MITSUBISHI ASX BMW 3 SERIES 05 VOLKSWAGEN AMAROK MERCEDES-BENZ C-CLASS 06 VOLKSWAGEN TIGUAN MONTHLY USERS VOLKSWAGEN GOLF 07 NISSAN X-TRAIL VOLKSWAGEN AMAROK 08 SUBARU FORESTER MITSUBISHI TRITON 09 KIA RIO NISSAN NAVARA MERCEDES-BENZ E-CLASS FORD MUSTANG 10 11 12 SUZUKI VITARA TOYOTA COROLLA MITSUBISHI TRITON 215,149 MONTHLY SESSIONS HOLDEN COMMODORE 13 HOLDEN COLORADO BMW X5 14 SUBARU OUTBACK TOYOTA CAMRY 15 TOYOTA CAMRY BROUGHT TO YOU BY Source stock smarter for quicker and more profitable sales. LEARN MORE 23 Source: carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
SA BUYER ANALYSIS DISCOVER THE MOST POPULAR CARS IN MAY 2020 MOST SEARCHED MOST DELISTED STATE AUDIENCE TOYOTA LANDCRUISER 01 MAZDA3 TOYOTA HILUX 02 MAZDA CX-5 HOLDEN COMMODORE 03 HOLDEN COMMODORE 599,918 FORD RANGER 04 MITSUBISHI TRITON TOYOTA LANDCRUISER PRADO 05 TOYOTA COROLLA NISSAN NAVARA 06 MAZDA CX-3 MONTHLY MONTHLY AVERAGE USERS USERS VOLKSWAGEN GOLF 07 HOLDEN COLORADO MITSUBISHI TRITON 08 FORD RANGER MAZDA3 09 TOYOTA HILUX TOYOTA KLUGER TOYOTA COROLLA MERCEDES-BENZ C-CLASS 10 11 12 MAZDA BT-50 MITSUBISHI OUTLANDER TOYOTA CAMRY 2,169,008 MONTHLY MONTHLY SESSIONS AVERAGE SESSIONS TOYOTA RAV4 13 HYUNDAI I30 FORD FALCON 14 NISSAN NAVARA TOYOTA CAMRY 15 SUBARU FORESTER BROUGHT TO YOU BY Source stock smarter for quicker and more profitable sales. LEARN MORE 24 Source: carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
WA BUYER ANALYSIS DISCOVER THE MOST POPULAR CARS IN MAY 2020 MOST SEARCHED MOST DELISTED STATE AUDIENCE TOYOTA LANDCRUISER 01 TOYOTA LANDCRUISER TOYOTA HILUX 02 TOYOTA HILUX TOYOTA LANDCRUISER PRADO 03 TOYOTA LANDCRUISER PRADO 733,947 FORD RANGER 04 FORD RANGER HOLDEN COMMODORE 05 MITSUBISHI TRITON VOLKSWAGEN GOLF 06 HYUNDAI I30 MONTHLY USERS TOYOTA COROLLA 07 HOLDEN COMMODORE NISSAN PATROL 08 NISSAN X-TRAIL MERCEDES-BENZ C-CLASS 09 TOYOTA COROLLA BMW 3 SERIES TOYOTA RAV4 MITSUBISHI TRITON 10 11 12 HOLDEN COLORADO TOYOTA KLUGER HYUNDAI TUCSON 2,521,151 MONTHLY SESSIONS NISSAN NAVARA 13 TOYOTA CAMRY PORSCHE 911 14 NISSAN NAVARA MAZDA3 15 MITSUBISHI OUTLANDER BROUGHT TO YOU BY Source stock smarter for quicker and more profitable sales. LEARN MORE 25 Source: carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
QLD BUYER ANALYSIS DISCOVER THE MOST POPULAR CARS IN MAY 2020 MOST SEARCHED MOST DELISTED STATE AUDIENCE TOYOTA LANDCRUISER 01 FORD RANGER TOYOTA HILUX 02 MAZDA3 FORD RANGER 03 HYUNDAI I30 1,654,597 TOYOTA LANDCRUISER PRADO 04 VOLKSWAGEN AMAROK NISSAN NAVARA 05 MITSUBISHI TRITON MITSUBISHI TRITON 06 MITSUBISHI OUTLANDER MONTHLY USERS TOYOTA COROLLA 07 NISSAN NAVARA HOLDEN COMMODORE 08 MAZDA CX-5 VOLKSWAGEN GOLF 09 TOYOTA HILUX ISUZU D-MAX MAZDA3 TOYOTA RAV4 10 11 12 MAZDA BT-50 HOLDEN COLORADO HYUNDAI TUCSON 5,844,333 MONTHLY SESSIONS MERCEDES-BENZ C-CLASS 13 NISSAN X-TRAIL NISSAN PATROL 14 ISUZU D-MAX MAZDA BT-50 15 TOYOTA COROLLA BROUGHT TO YOU BY Source stock smarter for quicker and more profitable sales. LEARN MORE 26 Source: carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
NT BUYER ANALYSIS DISCOVER THE MOST POPULAR CARS IN MAY 2020 MOST SEARCHED MOST DELISTED STATE AUDIENCE TOYOTA LANDCRUISER 01 TOYOTA HILUX TOYOTA HILUX 02 TOYOTA LANDCRUISER TOYOTA LANDCRUISER PRADO 03 TOYOTA LANDCRUISER PRADO 18,416 ISUZU D-MAX 04 MAZDA BT-50 MITSUBISHI TRITON 05 MITSUBISHI TRITON FORD RANGER 06 FORD RANGER MONTHLY USERS HOLDEN COMMODORE 07 TOYOTA COROLLA HOLDEN CAPTIVA 08 MAZDA CX-5 FORD MUSTANG 09 MAZDA3 MAZDA BT-50 TOYOTA RAV4 MERCEDES-BENZ E-CLASS 10 11 12 TOYOTA YARIS HOLDEN EQUINOX HOLDEN COLORADO 45,365 MONTHLY SESSIONS VOLKSWAGEN CADDY 13 TOYOTA RAV4 NISSAN NAVARA 14 NISSAN NAVARA HOLDEN COLORADO 15 MAZDA CX-3 BROUGHT TO YOU BY Source stock smarter for quicker and more profitable sales. LEARN MORE 27 Source: carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
This has prompted Renault to announce it is switching production of its pure- electric ZOE's powertrain from Asia to France. The 're-localising' plan will also see Renault, as well as the PSA Group, team up with Total to develop batteries for FRANCE BAILS OUT ITS CAR-MAKERS – French-built EVs with a plant expected to be built in France. BUT THERE'S A CATCH BY JOHN MAHONEY, CONTRIBUTOR, CARSALES.COM.AU It's thought other French car-makers will be forced to follow suit. Renault, meanwhile, is still awaiting sign-off from the French government on a further €5 billion state aid loan ($A8b) FRENCH PRESIDENT SAYS €8 “We need a motivational goal: make capable of travelling 50km on pure- France Europe’s top producer of clean electric power. that has been delayed over high-level BILLION RESCUE PACKAGE IS talks between the car-maker and its vehicles by bringing output [up] to more DEPENDENT ON COUNTRY than one million electric and hybrid cars Cannily, Macron says his government will workforce over planned closures that BECOMING EUROPE'S BIGGEST per year over the next five years.” also help dealers clear the existing could see the loss of 5000 jobs. 400,000 vehicles that were left unsold EV PRODUCER To achieve the switch to EVs, Macron has during the lockdown by offering a further Macron's loan conditions of requiring France's president Emmanuel Macron has upped the state grant that incentivises grant of €3000 ($A5000) as part of a France to become Europe's number one granted the French car industry an consumers to buy an electric car from scheme that's claimed to see around EV-maker isn't as far-fetched as it sounds. incredible €8 billion ($A13b) loan on the €6000 ($A10,000) to €7000 ($A11,500) on three-quarters of households eligible. In 2019 it built more electric and hybrid condition it transitions to pure-electric cars. electric cars that cost less than €45,000 cars than any other country in the As part of the huge cash injection, Macron Eurozone, but many pundits suggest the ($A75,000). Announcing the loan as part of dramatic also said that no car model currently arrival of the Volkswagen ID family later plans to kick-start the car industry in A smaller €2000 subsidy is also available produced in France should be this year will see the German car-maker France following the COVID-19-enforced for plug-in hybrids that cost less than manufactured in other countries. quickly overtake Renault. shutdowns, Macron told French press: €50,000 ($A83,000) but only if they are 28 BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
REAL CAR RIVALS Forget assumptions made on size, price or badge. Discover the real rivals of some of the most iconic nameplates in the marketplace, from the perspective of car buyers on carsales. BROUGHT TO YOU BY MAY 2020 CROSS VIEW ANALYSIS: MODEL RANK VIEW MODEL RANK VIEW FORD MUSTANG Chevrolet Camaro 1 11.7% Mercedes-Benz GLC-Class 6 5.9% #1 RIVAL: CHEVROLET CAMARO Ford Ranger 2 9.2% BMW 3 Series 7 5.8% Of the 48,068 visitors that viewed Mercedes-Benz C-Class 3 9.0% Kia Stinger 8 5.6% a new Ford Mustang listing, 11.7% Mercedes-Benz A-Class 4 7.1% Dodge Challenger 9 5.6% also viewed a new Chevrolet Camaro listing. Volkswagen Golf 5 6.6% Jeep Grand Cherokee 10 5.4% 29 Source: RedBook IQ, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
REAL CAR RIVALS Forget assumptions made on size, price or badge. Discover the real rivals of some of the most iconic nameplates in the marketplace, from the perspective of car buyers on carsales. BROUGHT TO YOU BY MAY 2020 CROSS VIEW ANALYSIS: MODEL RANK VIEW MODEL RANK VIEW HYUNDAI SANTA FE Kia Sorento 1 18.5% Mazda CX-9 6 14.1% #1 RIVAL: KIA SORENTO Hyundai Tucson 2 17.7% Toyota RAV4 7 12.6% Of the 23,370 visitors that viewed Toyota Kluger 3 16.4% Mazda CX-8 8 11.8% a new Hyundai Santa Fe listing, Volkswagen Tiguan 4 16.0% Mazda CX-5 9 11.2% 18.5% also viewed a new Kia Sorento listing. Mitsubishi Outlander 5 14.5% Mitsubishi Pajero Sport 10 11.0% 30 Source: RedBook IQ, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
REAL CAR RIVALS Forget assumptions made on size, price or badge. Discover the real rivals of some of the most iconic nameplates in the marketplace, from the perspective of car buyers on carsales. BROUGHT TO YOU BY MAY 2020 CROSS VIEW ANALYSIS: MODEL RANK VIEW MODEL RANK VIEW TOYOTA COROLLA Hyundai i30 1 14.9% Honda Civic 6 9.7% #1 RIVAL: HYUNDAI I30 Mazda3 2 11.6% Toyota RAV4 7 7.8% Of the 60,114 visitors that viewed Volkswagen Golf 3 10.7% Ford Focus 8 6.5% a new Toyota Corolla listing, Toyota Camry 4 9.9% Kia Rio 9 6.3% 14.9% also viewed a new Hyundai i30 listing. Kia Cerato 5 9.9% Mitsubishi ASX 10 5.8% 31 Source: RedBook IQ, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
TOP 10 MOST POPULAR CARSALES REVIEWS CLICK ON AN IMAGE TO READ THE ARTICLE MAY 2020 03 07 Volkswagen T-Cross Porsche Macan 2020 Review – Australia GTS 2020 Review 01 04 08 Chevrolet Silverado 1500 LTZ V8 2020 Review Mercedes-Benz Unimog Volkswagen T-Roc 2020 Review 2020 Review 05 09 Ford Focus ST 2020 Kia Stinger GT Night Sky Review – Australia Edition 2020 Review 02 06 10 BMW X5 M Competition 2020 Review – Australia 2019 Best Dual-Cab BMW M8 Competition 4WD Ute: The Verdict 2020 Review – Australia 32 BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
REDBOOK INSPECT MAKES REMOTE TRADE-INS EASIER DURING COVID-19 BY DAVID TOSCANO, TRADE CONTENT EDITOR, CARSALES.COM.AU Australia’s car dealers have pivoted Inspect evaluation of trade-in vehicles during the nation’s COVID-19 response to at the prospective new or used car provide new customer-centric services. buyer’s home. A key change has been the move to ‘buy The RedBook Inspect service is booked from home’ transactions. via AutoGate and can be completed Via a rapid rollout, RedBook Inspect too within an hour by a qualified and trusted has evolved its offer and is now delivering mobile inspector. Upon receiving the added agility to an important aspect of comprehensive digital vehicle report from these ‘new normal’ new or used car RedBook Inspect, dealers can then purchases—remote trade-in evaluations. confidently confirm a trade-in price with their client. Savvy dealers are now facilitating remote sales transactions by booking a RedBook 33 BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
“We’re proud of the role that RedBook As buyer activity on carsales continues to $10,000 is the condition of what they Inspect has played in helping dealers improve, Freeman says adding inspection can’t see,” says Freeman. during this challenging period,” says Barry reports to published inventory on carsales “Delivering a transparent assessment of Freeman, CEO – RedBook Inspect. has strong benefits. the condition of a vehicle, covering key “Car buyers have appreciated the “As new buyers enter the market, areas such as the engine, interior, transparency and convenience of at- building trust in your inventory and underbody and accident damage, can home trade-in evaluations, and it’s been business is important. RedBook Inspect help dealers convert more sales a key innovation to fast-tracking remote reports on your carsales listings can help opportunities.” sales for our dealer clients.” this,” says Freeman. For dealers, adding a RedBook Inspect “Consumers that are new to the prospect report on an inventory item can also MAXIMISE REBOUNDING of owning a vehicle are likely to be extra assist in maintaining pricing and cautious. Additional transparency around negotiating power. Inventory with a USED CAR ACTIVITY a vehicle’s condition—especially from an RedBook Inspect report attached Australia’s strong performance in independent third party—contributes to realises, on average, 2% higher sales flattening the COVID-19 curve has had buyer confidence,” Freeman stated. margins compared to matched vehicles.* a noticeable effect on auto consumer confidence. And as shopping activity picks up on “RedBook Inspect reports can pay for Australia’s #1 for cars, it’s apparent themselves by helping dealers achieve It’s also had the potential to bring new COVID-19 has influenced vehicle buyers’ better sales margins. This is especially customers into the auto marketplace. In a choice. Based on year-on-year important for vehicles at the $10,000 recent carsales survey, 58.8% of non-car comparisons in April 2020, carsales saw price point where there’s less room to owners responded saying that they are 15% growth in enquiries on used cars move,” adds Freeman. more likely to consider buying a car, and under $10,000. 38% are ‘definitely’ likely to consider Hear about the benefits of using RedBook buying a car ‘right now’. “Much of what makes buyers hesitant Inspect from dealers putting it to the test. about purchasing a used vehicle under * Source: carsales internal data 01/08/2018–01/04/2019, comparison of 1,495 RBI inspected vehicles against over 15,000 equivalent non-RBI inspected vehicles matched for odometer reading within 10%, same RedBook code and build year within one year. 34 BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
COMING SOON REDBOOK INSPECT REMOTE VIDEO ASSESSMENT Remote buyers are increasingly reliant on solution called Remote Video dynamic visual media to assess a car Assessment (RVA). from their smartphone or computer. RVA allows a qualified mechanic to Video content, such as those uploaded to complete a remote video walk-through listings via AutoGate, has been central to of the vehicle to help the prospective dealer efforts to effectively merchandise private buyer make a more informed inventory and provide more context purchasing decision. around vehicle features and pricing. “We’re excited by the future potential of And with social distancing, hygiene and RedBook Inspect Remote Video travel concerns likely to linger for many Assessment as more buyers weigh up months, RedBook Inspect has gone one purchasing a car sight unseen and from step further for consumers and dealers, the comfort of home,” says Freeman. pushing innovation with a new video NEW: COST-EFFECTIVE Select how many visits are required from a RedBook Inspect specialist based GET IN TOUCH TODAY REDBOOK INSPECT PLANS on your stock turnover, across a 3, 6 or 12-month timeframe. 35 BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
HELPING YOU ACHIEVE YOUR BUSINESS GOALS BUSINESS.CARSALES.COM.AU FOLLOW US ON LINKEDIN FOR THE LATEST INSIGHTS FOLLOW CARSALES INSIGHTS Source: xxx 36 Source: carsales internal data, May 2020. BUSINESS.CARSALES.COM.AU CARSALES AUTO MARKET WATCH | EDITION 19
You can also read