DEMAND for new vehicles - both trade and commercial - was on the rise towards the end of last financial year and a decision to extend a tax incentive until the end of the calendar year is one that was heartily embraced by local motor traders.
While the 30 per cent tax incentive for business that turned over more than $2 million finished on June 30, businesses that turn over less than $2m have until December 31 to make the most of a 50 per cent tax i nccnti ve.
Woodley's Motors joint dealer principal John Riolo said the June trading period was, "one of the best in many years".
"It could be the Government incentives did push a few people through the doors," Mr Riolo said.
"But we won't really know for a couple of months."
He said demand for vehicles was right across the board- commercial and passenger — and in all price ranges.
He said in particular, two vehicles from the Hyundai range - the Tucson and the 130 - were the highest sellers.
Efficiency and price were among the criteria buyers were using to select their new vehicles.
He said the stimulus incentive payments had "definitely made a difference" to the attitudes of people looking for cars.
"It's just a shame the government can'tkeep it up for another five years," he said.
Source: Northern Daily Leader, July 9 2009