With Isuzu dominating the new truck sales market, Business.Finance provides operators with tailored heavy vehicle loans to acquire these market-leading vehicles and other leading brands including Kenworth, Fuso and Hino. Facilitating affordable finance solutions to enable operators of all sizes across all industries to upgrade to more efficient vehicles to cut fuel and operating costs.
A move that many operators have made with truck sales continually strong in the past few years. The July sales results show a slight drop on the record numbers recorded in June this year, but the leading brands continued their dominance. Isuzu dominates the light-duty and medium-duty segments while Kenworth leads the sale in the heavy-duty segment.
While July sales were down 29% on June figures, the annual YTD data continues to be strong. July this year much stronger than July last year, despite the end to the general IAWO tax benefits for most businesses.
In total sales for the year to date (YTD), Isuzu is well out in front as the leading manufacturer. Selling twice the number of vehicles than the second best seller brand, Hino. Fuso is the third in the best-selling brands for YTD sales, with Kenworth and Volvo rounding out the leading five.
For assistance to acquire a new heavy vehicle to support your business, consider the leading sellers in the different segments and speak with our experts about how we can secure you the most cost-effective finance.
Kenworth Number One in Heavy-Duty Segment Sales
Kenworth remains the number one brand choice of operators buying vehicles in the heavy-duty market. This market segment has performed strongly over the past few years and that trend was seen in the July figures.
Behind Kenworth in the monthly sales figures was Volvo and Isuzu. Scania fourth best-seller brand and Mack fifth. On the YTD sales figures the top brands in order of units sold are Kenworth, Volvo and Isuzu, then comes Scania, Mercedes-Benz slots in at four and then Mack. UD Trucks is next best seller ahead of Fuso then Hino. DAF, IVECO and Freightliner are next, then MAN and Western Star and Dennis Eagle and finally Sea Electric.
Medium-Duty Market Drops
The medium-duty market segment did not follow the upward trend seen in the heavy-duty market for July sales. Compared with June, the July sales figures in this segment for down. But Isuzu continued dominating the other brands in this market with Hino in second place and Fuso the third best seller. These top three continuing to outsell other brands such as Hyundai in fourth, Iveco in fith place. The final top 10 best sellers were UD Trucks, Volvo, then Mercedes-Benz, MAN and DAF.
Light-Duty Market Dominated by Isuzu
The light-duty market also saw a drop in sales for July compared with June. Isuzu was best-seller for the month and is the leading brand in the top 10 brands in YTD sales. Isuzu is ahead of Fuso and Hino on annual sales to date, then comes Iveco, Mercedes, Fiat and then Hyundai. Renault was next best-seller, ahead of Ford and Foton Mobility. Volkswagen and LDV round out the top ten brands.
Securing Cost-effective Finance for Best-Selling Trucks
Sales in the truck market have been strong for a number of years, with records being set. Indicating that many business owners and operators have been taking advantage of previous tax measures and other situations to upgrade. The push has been on in industry circles for operators to upgrade to more efficient vehicles. A move which can make a lot of sense in reducing emissions and saving on fuel costs. A move to a larger vehicle may also present the ideal opportunity to realise greater productivity – transport larger loads in less trips.
But any benefits which may be realised by a new vehicle acquisition need to be considered in relation to the finance for the purchase. With our vast lending market coverage, we provide operators across all industry sectors with access to the most competitive truck loan interest rates. Whether it’s for an Isuzu, Kenworth or any other brand.
Operators can first select which of the available asset acquisition credit facilities will best suit their accounting methods and financial objectives – Rent-to-Own, Lease, CHP or Chattel Mortgage. Our experts then individually source and negotiate solutions to specifically target operator goals – lowest rates, terms in line with vehicle life cycles, ROI, and repayments to suit cash flow.
Whether purchasing a cab only, truck and trailer, or an Isuzu Ready-to-Work model, affordable finance is available through Business.Finance.
Compare Isuzu Models with Loans for Other Brands
Quickly compare truck loan repayments on different best-selling brands and models using our Truck Finance Calculator. Ideal for planning finance, making purchase decisions, and comparing options such as moving up from a light to a medium duty model to achieve increased capacity.
Before visiting your Isuzu dealer or making the final choice, speak with us for quick truck finance quotes or pre-approval.
For competitive rates, workable terms on Isuzu finance, contact Business Finance on 1300 000 033.
DISCLAIMER: THE SPECIFIC PURPOSE IN PROVIDING THIS ARTICLE IS FOR GENERAL INFORMATION ONLY. IT IS NOT INTENDED AS THE SOLE SOURCE OF FINANCIAL INFORMATION ON WHICH TO MAKE BUSINESS FINANCE DECISIONS. BUSINESS OWNERS WHO REQUIRE ADVICE OR GUIDANCE AROUND THEIR SPECIFIC FINANCIAL CIRCUMSTANCES ARE RECOMMENDED TO CONSULT WITH AN ADVISOR OR ACCOUNTANT. NO LIABILITY IS ACCEPTED IN REGARD TO ANY MISREPRESENTATIONS OR ANY ERRORS RE ANY DATA, SPECIFICS, POLICIES AND OTHER INFORMATION AS SOURCED FROM OTHERS.
