How do the leading brands grade when seeking Car Financing?

Last year aspirations for a successful year in sales were crushed by self-destructing financial institutions and although acquiring car financing is considered a highly desirable commodity it is on the increase. Sales for the first six months of this year have already surpassed units sold in the first half of 2007, which was a record holding year in sales for the Australian Automotive Industry. It is essential when shopping for a car to look at the quality of the brand you’re about to purchase and how well recognised it is in the Australian car grading scheme. Naturally, financial institutions have their own grading system and while they assess your credit score, it is key to be acutely aware of this grading scheme.

Toyota may have the largest marketing campaign with a multi-million investment in the Australian market each year alone but it still remains the best-selling brand in Australia. The Camry hybrid is a smart addition to the Toyota range as a petrol-electric family car. Although the rap on the knuckles from the US government due to the high number of recalls due to safety issues leaves this automobile brand with a C+.

Holden brand has experienced a 22% increase in sales over the past 12 months and it looks like Commodore is set to be Australia’s best-selling car again this year. The smaller model, Cruze is also a hot property and sales are expected to rise in 2011 even before it benefits from the ‘Made in Oz’ tag. The brand do need to focus more on quality and less on quantity and has been given a C+.