Warranties prove new cars are not lower quality

Despite the best efforts of the Reserve Bank of Australia, 2023 was a record year for new car sales.

Cash-strapped Aussies clearly doing it tough flocked to car dealerships like never before, beating the previous record set in 2017 by 2.3 percent. The best-selling vehicle was the Ford Ranger 4×4 dual-cab, with the average list price hovering near $60,000.

Small wonder that Treasurer Jim Chalmers wears the look of a man subjected to three times the force of gravity compared to a…

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