Interest Rates Stay Low while SUV Market Increases

The SUV category continues to grow in popularity with both private and business vehicle buyers and car makers adding to the decision making process with new models constantly in the 'new releases' news. Fortunately for buyers, interest rates on car finance continue to remain low. Low interest rates and our cheap overall car loans present buyers with the opportunity to upscale to the next price range while maintaining loan repayments at affordable levels. More on that later, but first, we take a look at the latest SUV model releases, this week it is Peugeot.

New Mid-Sized Peugeot SUVs

Peugeot has added two refresh looks to their line-up with their new models of the mid-sized 3008 and 5008 SUVs. These 2021 models have received an update on earlier models and provide SUV buyers with even more to consider – the sporty 5 seater 3008 or upscale to the 7 seater 5008?

Both have that French elegance and styling and are priced in the mid-range while boasting innovative tech for safety and other enhancements. Peugeot tends not to make significant shape/body changes in new models, so it’s worth delving deeper to find what’s new on these models.

The 3008 is marketed as the sporty member of the family and the GT Sport variant certainly shows why. This model includes the company’s Black Pack with blacked out components which had the dramatic look. This variant features a 180 HP petrol engine, 8 speed auto transmission, a premium sound system, leather seats and the previously mentioned black design elements.

Inside, you’ll find the Peugeot trademarked i-cockpit which provides an ‘intuitive’ driving experience. The tech includes extensive connectivity and driving aids while the driving position is ergonomically designed.

In addition to the sports variant, the 3008 is also available with a 165 HP petrol engine with 6 speed transmission and a 180 HP 8 speed diesel engine. So buyers have plenty of choice. Pricing starts around the $45,000 mark so you can use that figure plus add extra for on-roads and any accessories you may select, to calculate business car loan repayment estimates on our Jade Car Loan Calculator.

With the loan estimates on the 3008 noted, why not consider upscaling to the new Peugeot 5008? The 5008 model pricing starts around the $52,000 mark for the petrol engine and up to around $60,000 for the diesel engine, all plus on roads. Simply input that pricing estimate into the calculator to see the difference in repayment estimates. Could it be a contender for you?

The 5008 is a much larger proposition in size as a 7 seater, offering way more room than the 3008 for larger families or for carrying more business-related cargo. The cargo space on both the 3008 and the 5008 is a very handy 591 litres with seats in place and expanding to 1670 litres with the last row of seats folded down. Peugeot states the 5008 offers the performance of a grand tourer car. So if long road trips are on your future agenda, this may be a vehicle to take you to your destination in comfort and style.

Cheap Interest Rate Loans for Peugeot SUVs

With the release of these two updated models, Peugeot has contributed to a large and ever-expanding mid-sized SUV market. This type of vehicle has become very much the car de jour for Australian buyers. Not surprisingly with our outdoor lifestyle and need to take recreational and sports gear not only on holidays and getaways but also when heading to the waterway for a quick morning kayak, to the sports field for a weekend game and an afternoon surf after work.

The SUV is also popular for its suitability for the business buyer. Offering that extra space for all sorts of business and work items that a passenger car boot or a hatch-style wagon doesn’t always provide.

Fortunately for our Jade Car Loans customers, our interest rates on SUV finance are not growing at anywhere near the expansion rate of the SUV vehicle market. Our rates on both private motor loans and best business car finance continue to remain at low levels. The RBA Governor Philip Lowe recently stated that he would be looking at several key economic indicators when considering any rises to the official cash rate.

For buyers of Peugeot SUVs, Jade offers our full portfolio of loan options, all at cheap but varying interest rates. Secured Car Loans for private buyers and business buyers have the choice of Car loans for sole traders, Leasing and Commercial Hire Purchase. To make it easy for our customers to make sense of and receive clarity in the crowded car finance market, we’ve posted a consumer finance Lender Interest Rate Comparison table and a Commercial Interest Rate comparison chart.

When comparing different Peugeot models and variants, simply enter the loan amount and you’ll see repayment estimates for the loan product of your choice. If you’d rather just get on with it, you can request a loan quote online or over the phone.

With more vehicle releases due throughout 2021, the SUV market is certain to keep growing. Be assured, Jade’s cheap interest rate policy remains in place. We’ve offered better interest rates for over two decades and counting.

For a quick quote on a new 2021 Peugeot 3008 or 5008, contact Jade Car Loans at 1300 000 003

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