Novated Lease Pros and Cons
A novated lease is a unique arrangement where you lease your car through your employer. Having your payments deducted from your pre-tax income brings with it a range of tax benefits and other advantages, but they aren’t for everyone. Weighing up the pros and cons is essential before you apply. The pros of novated leases […]
When is the Best Time to Buy a Car in Australia?
When it comes to making a big financial commitment like purchasing a car, it’s essential to get your timing right. You could make big savings on your car purchase just by waiting for the perfect moment to strike. Here are some of the best times to shop for your next car. End of the financial […]
46% of Australians Paying Between $91 and $160 on a Tank of Fuel
As part of our ongoing investigation into the rising cost of living, Savvy takes a look at rising fuel costs and their effects on everyday Australians. 46% of Australians are spending between $91-$160 on a tank of fuel 33% of Australians are spending between $91-$120 for a fill up 17% of Australians spending over $191 […]
One in Four With Current Car Loans Gained a Deferral During COVID-19
A survey of 1,001 respondents commissioned by Savvy was split right down the middle among Male and Female demographics and almost evenly among all major age groups (18-24, 25-34, 35-44, 45-54, 55-64, 65+) showed that about 20.3% had bought a new car during the COVID-19 pandemic. 53.3% happy with current vehicle, saw no reason to […]
Where Are New Car Sales Headed? A Look at the Stats
There are almost as many cars as there are people in Australia. According to the Australian Bureau of Statistics, there are 20.1 million registered motor vehicles – that’s almost one per person of driving age. Over 2020, the national fleet grew by 1.7%. It would seem our appetite for new cars remains steady, despite lockdowns, […]
Toyota RAV4 Hybrid sales surge by 39% during pandemic, eclipsing petrol variant sales
Hybrid car sales have been strong as Australians seek to save money and help the environment, finds Savvy’s hybrid vehicles report. Of all the brands available, Toyota has cornered the largest portion of the market. Toyota hybrids accounted for 92% of all analysed hybrid sales in Australia in 2021 Toyota Rav4 Hybrid vehicle sales increased […]
73% of Australians Agree Moving to Electric Vehicles is Important to Curb Climate Change
A survey of 1,001 Australians by Savvy has revealed that 73% agree that moving to Electric Vehicles (EV) is an important move to reduce CO2 emissions and keep global temperature rises to 1.5°C. 40% may purchase EVs in the future – 7% already signalling intent in next 12 months Younger Australians skew favourably to buying […]
Fuel The Biggest Hit to Aussie Pockets as Inflation Rises
Savvy’s 2022 survey of 1005 Aussies learns how rising fuel prices are affecting the cost of living in Australia. 64% of survey respondents say fuel costs are of “greatest concern” to cost of living 73% of 18–24-year-old cohort report fuel costs are their greatest concern 22% spend $61-$90 per week on fuel 51% of respondents […]
Incentives for New Electric Vehicle Purchases in Australia by State
As Australians increasingly turn to electric vehicles for their next car purchase, many may be wondering what incentives are offered in their state or territory. In this report, Savvy has analysed the latest findings to provide a breakdown of what governments are doing to encourage greater EV uptake. Aussie EV sales of 1.6% are significantly […]
Electric Vehicle Nation – Can Australia Support EVs with the Current Infrastructure?
With EV sales making up a small 1.6% of all new vehicle registrations in 2021, one of the most cited reasons that people are reluctant to take up electric vehicles is a lack of charging infrastructure. Savvy looks into the current state of EV charging infrastructure and what’s planned for the future. 700 new fast […]
Best Way To Finance A Car In Australia
There are many options open to Australians when it comes to purchasing vehicles, which is why it’s important to consider each of them to help you find out what the best way is for you to finance a car. What is the best way to finance a car in Australia? The best way to finance […]
EV Charging At Home In Australia
Savvy looks at the feasibility of charging electric vehicles at home and whether the Australian electricity grid will be able to accommodate more EVs on the road, by examining the latest data from the Electric Vehicle Council of Australia, and the CSIRO. Most Australian EV drivers self-managing charging at home, to take advantage of off-peak […]