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Due To Inventory Surplus, Holden Astra Price Cut By $5,000

Buyers in Australia will be able to score an incredible deal on a 2017 Holden Astra, but only if they’re aware such savings exist. News.com.au reported on Friday that buyers can score up to $6,500 ($5,100 USD) off a 2017 Astra hatchback. The savings come after dealers were reportedly required to mark cars as sold even if no customer or delivery date was scheduled.

Now, dealers are flooded with too many cars after the strategy backfired. Holden still fell 5,000 cars short of estimates, despite record sales reported in December. The Astra even outsold the Mazda 3 and placed at the top of the charts.

Dealers told the outlet that around 1,000 Astras are marked as sold, but are not registered to any customer. The deal can dwindle an Astra R Plus with an automatic transmission down to a $19,990 AUD ($15,750 USD) price tag. Arguably, that’s a lot of car for the coin. The R Plus features a rearview camera, automatic emergency braking, lane keep assist, Apple CarPlay and Android Auto, and LED running lights.

Additionally, Holden is advertising another $500 off the Astra. If dealers honor the extra discount, that will bring the price down to just $19,450 AUD, or $15,325 USD.

Former GM Authority staff writer.

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Comments

  1. down down sales are down, Holden on track to sell half what they expect to, which is half of what they sold in 2016

    Reply
  2. So much for “Holden Astra Jumps To The Top Of Australian Passenger Sales And Outsells Rivals”.
    So now it appears they were outsold by their rivals who actually sold their cars. Holden still have theirs, parked in dealers yards across the country.
    Laughable !!

    Reply

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