Market Insight: Who’s buying? | GoAuto

DESPITE an economy experiencing high inflation, the recent October VFACTS sales figures show the Australian new car market is booming. There is every chance this year will be the strongest on record, surpassing the 1.1 million sales high of 2017.

 

This might seem odd to many Australian households, who are facing inflation not seen in decades.

 

The cost of living has increased six per cent this year alone, with food, fuel, electricity, insurance and mortgage costs stretching…

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