January 2025: Key Automotive and Finance Trends You Should Know
As we kick off the new year, exciting changes are unfolding in the automotive and personal lending sectors. For instance, electric vehicles (EVs) and new financing options create fresh opportunities. They help those looking to finance a car, a home renovation, or a personal project. In this post, we explore the top trends to watch in 2025.
Affordable EVs & Green Loans
Electric vehicles are now more accessible than ever. For example, Chevrolet has launched the all-electric Equinox for under $50,000. This move signals a shift toward affordable and sustainable driving options. Additionally, state and federal incentives ease EV ownership. For example, rebates can reach up to $3,000 AUD, and stamp duty exemptions apply. Moreover, green loans are gaining popularity. They offer favourable terms for eco-friendly upgrades, such as installing solar panels and batteries. Therefore, you can save money while helping the environment.
Evolving Automotive Financing
Vehicle financing is becoming more flexible. Australians now seek lower interest rates, faster approvals, and customised loan terms. Whether you are buying new or used, now is a great time to explore your options. In fact, some lenders approve loans within just four hours. As a result, you might drive away in your new vehicle on the same day.
Personal Lending for Life’s Projects
Personal lending remains competitive. Many Australians look for funds for home renovations, holidays, or debt consolidation. Our brokers offer a variety of flexible loan options. Furthermore, they can help you secure the right financing for your next project. Consequently, you can achieve your financial goals with ease.
Looking Ahead
Looking ahead, the automotive and finance sectors are brimming with opportunities. Whether you are eyeing a new car, planning home improvements, or consolidating debt, there is an option for you. Additionally, our brokers at Starling Capital are ready to guide you through these trends. In summary, 2025 promises to be an exciting year filled with new opportunities.
