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Tag: what does 0 apr mean when buying a car

Import cars offer discounts in Korea to boost demand

Zainal Abidin, 24/12/2025
Audi e-tron S이미지확대

Audi e-tron S

Import carmakers in South Korea are rolling out unusual offers early in the year, with hopes to boost demand in the slowing market.

According to Getcha, an online car sale platform, on Monday, more than half of imported car models were offering discounts of 10 percent or more.

Among the 898 models offered by 17 major import carmakers, including BMW Group, Mercedes-Benz AG, and Audi AG Co., 461 models are being sold at discounts of 10 percent or more.

The figure is a 14-percentage-point increase compared to the same period last year when 37.3 percent of car models were sold with discounts higher than 10 percent.

Offers are made particularly in the electric vehicle (EV) segment.

Eight out of the 14 models offering discounts of over 20 percent are EV models.

For example, the Audi e-tron S is being offered at a 23.5 percent discounted price, while the Mercedes-Benz EQS 350+ and BMW i5 eDrive 40 are being sold at discounts of 20.3 percent and 16.5 percent, respectively.

The Ministry of Environment has revised the national subsidy system for EV purchases this year, fully supporting subsidies only for EVs priced at 55 million won ($41,200) or

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How the purchase price of new GWM cars has leapt in Australia since 2020

Zainal Abidin, 23/11/2025

GWM is rolling out a range of more expensive, luxurious products in Australia led by the Tank 500 – but it’s already moved upmarket compared to its budget roots.

“The average selling of our vehicles in 2020 was around $23,000,” GWM Australia communications and marketing boss Steve Maciver told media. “That’s sitting today at in excess of $40,000.”

The GWM range in 2024 starts at $25,990 drive-away for the Jolion Lux, which goes head-to-head with the Hyundai Venue based on price, but is a similar size to a Kia Seltos.

It now extends to $73,990 drive-away for the Tank 500 Ultra, a seven-seat off-roader packing hybrid power – and aimed at the Toyota Prado’s heartland.

  • How the purchase price of new GWM cars has leapt in Australia since 2020
  • How the purchase price of new GWM cars has leapt in Australia since 2020

If it’s locked in for Australia, the Cannon Alpha ute will sit above the existing Cannon and no doubt also drag up the average transaction price.

As it brings newer, more expensive cars to Australia, GWM has acknowledged the need to improve its ownership experience.

It’s already confirmed it will extend its roadside assistance and capped-price service programs from five to seven years on the Tank 500, matching its seven-year warranty to create what it calls GWM Cares 7-7-7.

Whether that same ownership experience will

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New Mercedes AMG GT 43 revealed: four-cylinder power for sporty coupe

Zainal Abidin, 11/08/2025

The Mercedes-AMG GT 43 is an entry-level version of the brand’s flagship sports coupe, and it’s slower than an A45 S despite having the same engine. Read on for everything you need to know.

  • New Mercedes-AMG GT 43 revealed
  • Entry-level model gets four-cylinder engine from A45 S
  • 421hp and 500Nm of torque
  • 0-60mph in 4.6 seconds
  • Toned-down styling over the 63 S
  • Likely to cost over £100,000

This is the new Mercedes-AMG GT 43, and it’s the new entry point to the AMG GT range. Powered by the same 2.0-litre engine as the AMG A45 S, it’s actually slower to 60mph than the hot hatch.

Unlike that car though, the GT is rear-wheel drive only for some tire-shredding thrills through the corners. This alternative to the Porsche 911 will go on sale later this year.

New Mercedes-AMG GT 43 engine and performance

Mercedes has resisted the urge to hybridize the AMG GT thus far, and this new entry-level version doesn’t use electrification to boost power. Under the bonnet you’ll find a very familiar 2.0-litre turbocharged four-cylinder engine, the same one used in the Mercedes-AMG A45 S.

Using the power plant from a hatchback in an exotic sports car like this

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