Some of the top rated car loans in April 2025

Australian new car sales totalled 108,606 in March 2025, slipping 0.9% compared to the same time last year. Despite the slight dip, the standout story was the 380% jump in Plug-in Hybrid Vehicle (PHEV) sales compared to 2025. This surge was driven by buyers moving early to avoid losing the federal Fringe Benefits Tax exemption, which ended on 1 April 2025.

On the electric vehicle (EV) front, momentum appears to be easing. EVs made up just 4.9% of total reported sales—down from 9.5% in March 2024 and 6.8% in 2023. Although 89 EV models are now available in Australia, demand hasn’t kept up. FCAI Chief Executive Tony Weber said the early adopters have acted, but the broader market is yet to follow, a trend echoed in other advanced economies.

Top 5 Brands – March 2025

1. Toyota – 20,541 vehicles
2. Ford – 8,232 vehicles
3. Mazda – 8,000 vehicles
4. Kia – 7,307 vehicles
5. Mitsubishi – 7,265 vehicles

Top 5 Models – March 2025

1. Ford Ranger – 4,932 units
2. Toyota RAV4 – 4,321 units
3. Toyota HiLux – 4,081 units
4. Mitsubishi Outlander – 3,005 units
5. Toyota Prado – 2,871 units

For those looking to buy a new vehicle, comparing car loans could be just as important as choosing the right model. Interest rates, loan terms, and fees can vary significantly between lenders. Taking the time to compare options can help buyers save on monthly repayments and reduce the total cost of the loan.

For a quicker and simpler car loan comparison, you could consider using RateCity’s Real Time Ratings™. These simple star ratings reflect the cost and flexibility that each car loan offers at any given time, as they are updated regularly. The top-rated car loans in different categories are ranked on RateCity’s Car Loan Leaderboards, and may be eligible for a RateCity Gold Award.

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