October marked the first month in 2021 to not record growth on 2020, with all months prior performing strongly against their previous year's counterpart.

A large part of the strong run, however, was due to rental companies and state governments beefing up their fleets, rather than private motorists returning to the market.

In total 80,639 new cars were sold in November according to the Federal Chamber of Automotive Industries' (FCAI) 'VFACTS' report.

FCAI chief Tony Weber put the decline down to supply shortages.

"This includes constraints around microprocessor supplies as well as the ongoing impact of the pandemic restricting factories," Mr Weber said.

"Car makers are competing with many other sectors, such as white goods manufacturers, for microprocessors across the globe.

"Some new vehicles sold in the Australian market can require up to 3,000 of these parts, so this shortage is definitely being felt by the industry."

All states recorded declines in car sales compared to November 2020.

Still, the industry is on-track to surpass one million new vehicles sold in 2021.

"Challenges aside, we are less than 29,000 vehicles away from one million new cars being put into the hands of Australian motorists in 2021," Mr Weber said.

Top 10 car models November 2021

  1. Ford Ranger - 4,429 units sold
  2. Toyota Hilux - 4,228
  3. Hyundai i30 - 2,254
  4. Toyota Corolla - 2,104
  5. Toyota RAV4 - 1,820
  6. Nissan Navara - 1,792
  7. Mitsubishi Outlander - 1,633
  8. Mitsubishi ASX - 1,625
  9. MG ZS - 1,576
  10. Hyundai Tucson - 1,541

Three out of the top five cars recorded declines in sales compared to November 2020, however the Ford Ranger continues to build in popularity with sales up 4%.

Sales of the i30 were also up 10.1%.

Electric vehicles continue bumper run

In November 2021 there were 390 electric vehicles sold - a 219.1% increase compared to November 2020.

Popular models include the MG ZS, which recorded 1,576 sales in November, but VFACTS does not distinguish between electric and fuel ZS models in this data.

It remains one of the cheapest fully electric vehicles on the road, and one of the few electric SUVs under $50,000.

The Hyundai Kona is another popular model, recording 1,013 sales - a 10.3% on November 2020 - but again, fuel types are not distinguished in the data.

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LenderCar LoanInterest Rate Comparison Rate* Monthly Repayment Interest Type Vehicle Type Maximum Vehicle Age Ongoing Fee Upfront Fee Total Repayment Early Repayment Instant Approval Online Application TagsFeaturesLinkComparePromoted ProductDisclosure
6.24% p.a.
7.36% p.a.
$583
Variable
New
No Max
$8
$400
$35,000
  • Available for purchasing new and demo vehicles
  • $5,000 to $150,000 loan amount
  • Redraw facility available up to $5000/day
  • Required: Good credit history, stable employment history. Aus citizenship or PR.
 Disclosure
6.34% p.a.
7.46% p.a.
$585
Variable
New
No Max
$8
$400
$35,084
6.57% p.a.
7.19% p.a.
$588
Fixed
New
No Max
$0
$250
$35,278
  • No vehicle age limit
  • No ongoing or early exit fees
  • 1-7 years loan terms. Pay monthly, fortnightly, or weekly
 Disclosure
6.52% p.a.
6.95% p.a.
$587
Fixed
New
No Max
$0
$0
$35,236
Important Information and Comparison Rate Warning

All products with a link to a product provider’s website have a commercial marketing relationship between us and these providers. These products may appear prominently and first within the search tables regardless of their attributes and may include products marked as promoted, featured or sponsored. The link to a product provider’s website will allow you to get more information or apply for the product. By de-selecting “Show online partners only” additional non-commercialised products may be displayed and re-sorted at the top of the table. For more information on how we’ve selected these “Sponsored”, “Featured” and “Promoted” products, the products we compare, how we make money, and other important information about our service, please click here.

The comparison rates in this table are based on a loan of $30,000 and a term of 5 years unless indicated otherwise. The comparison rates for car loans and secured personal loans for the relevant amounts and terms are for secured loans unless indicated otherwise. The comparison rates for unsecured personal loans are applicable for unsecured loans only. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Comparison rates are not calculated for revolving credit products.

Monthly repayment figures are estimates only, exclude fees and are based on the advertised rate for the term and for the loan amount entered. Actual repayments will depend on your individual circumstances and interest rate changes. Rates correct as of . View disclaimer.

Important Information and Comparison Rate Warning

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