Our breakdown of the mid-year used car market
As the end of the financial year (EOFY) approaches, many Australians begin reviewing their financial position, preparing tax documents and considering eligible deductions. The combination of high stock volumes, time-sensitive sellers and potential tax benefits creates ideal conditions for buyers looking to secure quality vehicles at competitive prices.
For both individuals and businesses, this period also presents a valuable opportunity to purchase a second-hand vehicle for a great price. Finding a great selection of cars available weekly from a trusted and experienced seller can be difficult, but Pickles fits this description to a tee.
Read on to discover why EOFY is the ideal time to buy a used car & why Pickles Auctions is your go-to destination for second-hand purchases.
Increased inventory leads to greater selection
EOFY is traditionally a peak period for fleet turnover. Many businesses, government departments and leasing companies release vehicles into the market to optimise tax positions and update operational assets. As a result, at Pickles, we receive a higher-than-average number of vehicles during this time, including well-maintained fleet cars, utes, SUVs, trucks and other industrial equipment.
With increased inventory levels and motivated sellers, buyers are provided with a broader selection across makes, models and price ranges. Whether you’re purchasing for business or personal use, you are more likely to find a vehicle that meets your needs during EOFY.
Competitive pricing driven by market demand
Unlike traditional retail environments, auction pricing is driven by market dynamics and competitive bidding rather than fixed dealer margins. During EOFY, sellers are often motivated to finalise transactions before June 30. This urgency can result in more attractive reserve prices.
At Pickles, buyers benefit from a transparent purchasing process and the opportunity to acquire vehicles at prices that reflect true market value. In addition to cars, our EOFY auctions typically include a wide range of commercial assets such as vans, utes, trucks, trailers and industrial equipment. This makes the period particularly beneficial for businesses looking to expand or upgrade operational assets efficiently.
Potential tax advantages for business owners
For business owners and sole traders, purchasing a vehicle before June 30 may offer significant tax benefits. Subject to Australian Taxation Office (ATO) guidelines and eligibility criteria, buyers may be able to:
- Claim deductions under the instant asset write-off scheme or temporary full expensing
- Offset depreciation earlier
- Claim GST input credits (where applicable)
We strongly recommend consulting with a qualified accountant or tax adviser to determine how these incentives may apply to your individual circumstances. For more information on what tools, assets and machinery you can claim on your tax return, visit the ATO website for the most up to date information.
Streamlined purchase process and expert support
Pickles is equipped to support both new and experienced buyers through every stage of the purchasing process. This includes:
- Pre-auction inspection opportunities (subject to availability) and condition reports
- Flexible bidding options including Buy Now and Auction
- Assistance with vehicle transport, registration and finance (where applicable)
- Dedicated support staff to guide you through registration and bidding
Even during the busy EOFY period, customers purchasing from Pickles are guaranteed a professional, transparent and efficient buying experience. Whether you are looking to expand your fleet, upgrade a work vehicle, or purchase a reliable car for personal use, EOFY represents a strategic opportunity for individuals and business owners alike to secure quality, used vehicles at great prices. With increased supply, competitive pricing and potential tax advantages, buyers stand to gain significant value and buying from Pickles ensures that you are being guided by Australia’s leading auction house.
Whether you're upgrading your personal car or expanding your business fleet, the End of Financial Year is the ideal time to secure a great deal. With huge discounts across a wide range of cars and machinery, now’s the time to act before stock runs out.
- Browse our cars to find the right car for your lifestyle or business.
- Explore our industrial equipment deals to gear up for the new financial year.
EOFY savings won’t last—make the most of them today.
03 Jun