As another year continues to fly by, the end of financial year (EOFY) is fast approaching. Recent changes to tax laws mean that businesses (SMEs) can get an instant tax deduction when buying an asset before July 1 if the purchase cost is less than $20,000. You are eligible to claim a deduction for the business portion of each asset (new or second hand) costing less than $20,000 if: you have a turnover less than...
As part of Cox Automotive Australia, we are pleased to be bringing Dale Pollak to Australia for a series of seminars in Brisbane, Melbourne and Sydney. Dale is the founder of vAuto which is a Cox Automotive company and he was recently featured in an article in GoAuto News Premium. You can read here what he has to say about the critical success factors for dealers wanting to succeed in their used car operations. You can also...
Manheim’s Prestige Auction VII is coming up and we have a great range of luxury cars on offer for you to buy. It’s not just two door high performance sports cars for sale, we’ve got luxury hatches and family sized cars too. Buying at auction has some great advantages; you can get a great prestige car for a great price. Our next Prestige Auction will be held in Sydney on Thursday 11 May, starting at...
You want to make the right choice and smart decisions when selecting your next car – whether you’re in the market for a family car or a prestige vehicle. Maybe you’re recovering from financial difficulties or your credit rating is stellar. Perhaps you’re choosing between buying or leasing. If you’re thinking about buying a car, you’re probably thinking about financing. Getting your head around financing can be difficult, however you can make good choices by...
The merger of CarsGuide with the existing assets of Cox Automotive™ in Australia is now complete, including the finalisation of all necessary regulatory approvals. CarsGuide, Dealer Solutions, Manheim and Sell My Car have combined to form Cox Automotive Australia which will empower clients to thrive in a rapidly changing automotive marketplace and can bring to Australia and New Zealand other brands from U.S.-based Cox Automotive. John Bailey, president of International, Cox Automotive said: “Today’s announcement is a watershed moment for the automotive industry,...
National youth homelessness prevention charity, Kids Under Cover (KUC), hit a milestone in October, receiving their 15,000th car donation since they started collecting beat-up bangers, weird old vehicles, trucks, boats and planes for auction. KUC is a charity partner Manheim have been working with since 2006. As part of KUC, Manheim auctioned off cars donated from the public with the money made from each car going to the charity to help with youth homelessness. All...
With Ford finishing manufacturing vehicles in Australia, they wanted to do something spectacular with their last four saleable vehicles. As our long term customer with a 26 year relationship, they naturally turned to us to help out and turn the sale into a landmark special auction event. Led by Ford National Account Manager, Jeff Sakellaris and Director of Marketing, Justin Hodgson, we put together an extensive promotional program to advertise the sale of the final...
Car manufacturers and suppliers have reacted to the news of the Brexit vote outcome, warning that UK PLC is “now in uncharted territory” and indicating a “period of instability for new and used car sales” as well as impacts on residual values and fuel prices.
New research from IHS Automotive suggests there will be many more autonomous cars on the road in the next few decades than they previously thought. The automotive research firm forecasts that there will be nearly 21 million vehicles with some degree of autonomy sold globally in 2035 alone. This is a much higher estimate than IHS has made previously, and they cite the research and development by companies both inside and outside of the automotive...
Given the close result in the recent Federal Election, we take a look at some of the issues which will continue to influence the automotive landscape. In an article from GoAuto Premium, written before the result was known, Ian Porter captured the mood. The indeterminate result from Saturday’s federal election could make it harder for the Coalition to implement its parallel imports policy, should it remain in power. But the choice of repairer campaign relating to the data sharing issue is likely to retain momentum, despite the loss of its...