A new motor car offers reliability, convenience, recreational fun and can be a status symbol. In all states and territories, new cars are sold with statutory warranties which cover the cost of repair and parts for a set period. Often, options to extend these warranties are available.
Most new car retailers offer loan finance on the purchase of a new car. The most popular makes of new cars in Australia are Holden, Ford, Mitsubishi, Toyota, Mazda, Nissan, Hyundai, Honda and Subaru. Some new car models offer hybrid motors, which combine electric and combustion engines to reduce greenhouse emissions. ABS brakes, air conditioning and air bags are standard on new cars. Diesel is increasingly becoming popular, although most new cars run on lead-free petrol. LPG is also available, mostly used for fleet, taxi or trade vehicles. Car engines vary from four cylinders to six cylinders, and some eight-cylinder engines.
Before making a major purchase like buying a new car, many car buyers read car reviews, test drive a number of models and often, by shopping around look for a competitive price. Some car buyers wait until a car is on sale, and purchase it at a reduced price. Many dealers offer on sale new models.