The minimum wage is currently NZD$21.20
Cars are not really the killer, out house prices are the killer. Our average house price is like NZD$1million.
You don't need a Porsche 911 Turbo but most people need a house to live in.
Of more relevance to the car market, here is the order of the most selling cars in NZ for 2021.
- Ford Ranger, 12,580 registrations.
- Toyota Hilux, 8,430 registrations. ...
- Mitsubishi Outlander, 6,506 registrations. ...
- Toyota RAV4, 6,212 registrations. ...
- Mitsubishi ASX, 5,036 registrations. ...
- Mitsubishi Triton, 4,963 registrations. ...
- Toyota Corolla, 4,766 registrations ...
- Nissan Navara, 3,574 registrations...
- Tesla Model 3, 3,271 registrations ...
- Mazda CX-5, 3,128 registrations ...
Our market is totally dominated by SUV's and Utes. Our roads are totally rubbish you want 4WD and a car that doesn't have anything over 18inch wheels or the next pothole you hit will cost you a fortune.
Toyota have 3 models in the top 10. Its pretty obvious that if Toyota could meet demand with the GRC it would be in the top 5.