Likes

  • Superb reputation for reliability.
  • Unmatched support network.
  • Affordable parts and maintenance.
  • Arguably the top pick in its category.

Dislikes

  • Many used examples have seen better days.
  • Non-performance models can be a bit boring.
  • Lacking plenty of modern tech and safety equipment.
  • Excellent examples ask quite the premium for this class.

Stuff you should know

  • The Toyota Corolla E120 series, delivered in Australia, spans from 2001 to 2007. This range includes a mid-cycle update that occurred in 2004.
  • The E120 Corolla was available in three body styles: sedan, hatchback, and wagon. The hatchback included a performance-oriented 6-speed Sportivo model powered by a more potent 1.8-liter four-cylinder engine. The rest of the range featured a sensible 1.8-liter engine, paired with either a 5-speed manual or a 4-speed automatic transmission, sending power to the front wheels.
  • In terms of trim specifications, Australian hatchbacks were offered in six varieties: Ascent, Ascent Sport (available only post-update), Conquest, Levin, Ultima (available only pre-update), and the performance-focused Sportivo. The sedan came in four trims: Ascent, Ascent Sport, Conquest, and Ultima. The wagon was available in three trims: Ascent, Conquest, and Levin.
  • Internationally, the Corolla line-up varied significantly, offering some notable highlights. Europe and the UK received the Corolla T-Sport or TTE Compressor, which was essentially a supercharged version of the Sportivo. This supercharged engine was later used in the Lotus Exige. Additionally, Japan offered the Corolla Fielder Z Aero Tourer, a sporty wagon version akin to the Sportivo, appealing to those who love fast wagons.
  • It’s important to note that not all Corollas of this generation were built in Japan. Many models, including all Sportivos, were assembled in South Africa. While Japanese cars are renowned for their superb reputation, South African assembly doesn’t necessarily imply lower quality.
  • Toyota and the Corolla are well-regarded for their build quality and reliability. However, the E120 series is now two decades old, and age can impact the vehicle. Additionally, previous owners’ neglect and lack of maintenance can also affect the car’s condition. Prospective buyers should be aware of these factors and conduct thorough inspections.

What goes wrong

Exterior

  • As with any 20-year-old car, if the Toyota Corolla E120 has been left out in the harsh Australian sun for years without care, the clear coat and paint can fade, and the plastics can become brittle. This issue, however, is not exclusive to the Corolla and affects many older vehicles exposed to similar conditions.
  • Aside from potential sun damage, the Corolla’s exterior is notably robust. Unlike many cars that develop corrosion or electronic issues over two decades, the Corolla’s exterior appears to be built like a tank, avoiding these common pitfalls.

Interior

  • The interior of the Corolla E120 can show its age, especially if the leather seats have not been meticulously cared for. Over time, the leather can shrink and crack. Reupholstering the seats is an option, or for a sportier feel, replacing the standard seats with lower, more supportive ones can address another common complaint: the seating position is too high and not sporty enough.
  • Non-leather upholstered Corollas, on the other hand, have fabric material that wears incredibly well over time. However, one common issue owners report is the middle console flap snapping off. This is a matter of when, not if. Matching the replacement flap to the textured finish of some models can be challenging. Many owners take this opportunity to repaint all the interior trim pieces, which, if done correctly, can refresh the interior’s look.
  • It’s crucial to check that all buttons, especially the HVAC controls, are functioning. The contacts on the back of these buttons often need re-soldering by now. Additionally, if the car is frequently left in the sun, the dashboard can warp and crack, but finding a replacement dash for a Corolla is neither difficult nor expensive.


Mechanically:

The Australian-delivered Toyota Corolla E120 is renowned for its mechanical reliability, featuring the 1ZZ-FE and 2ZZ-GE engines. The 1ZZ-FE has been a dependable 4-cylinder workhorse for Toyota, powering numerous models over the years. The 2ZZ-GE, recognised for its performance capabilities, has been utilised in various Lotus models and is commonly found in motorsport applications. Both engines are celebrated for their durability and longevity, making the Corolla E120 a reliable choice for many drivers.

However, even these robust engines are not immune to issues, particularly if they suffer from neglect or abuse. Common problems that may arise include:

  • Timing chain issues.
  • Variable cam gear problems.
  • Excessive oil consumption.
  • Rare oil pump failures.
  • Potential problems with coil packs, water pumps, and radiator leaks due to age.

Fortunately, these issues are generally easy to resolve. The availability of affordable parts and the simplicity of working on these engines mean that repair costs are often manageable. Labour charges for repairs should

Exterior

  • As with any 20-year-old car, if the Toyota Corolla E120 has been left out in the harsh Australian sun for years without care, the clear coat and paint can fade, and the plastics can become brittle. This issue, however, is not exclusive to the Corolla and affects many older vehicles exposed to similar conditions.
  • Aside from potential sun damage, the Corolla’s exterior is notably robust. Unlike many cars that develop corrosion or electronic issues over two decades, the Corolla’s exterior appears to be built like a tank, avoiding these common pitfalls.

Interior

  • The interior of the Corolla E120 can show its age, especially if the leather seats have not been meticulously cared for. Over time, the leather can shrink and crack. Reupholstering the seats is an option, or for a sportier feel, replacing the standard seats with lower, more supportive ones can address another common complaint: the seating position is too high and not sporty enough.
  • Non-leather upholstered Corollas, on the other hand, have fabric material that wears incredibly well over time. However, one common issue owners report is the middle console flap snapping off. This is a matter of when, not if. Matching the replacement flap to the textured finish of some models can be challenging. Many owners take this opportunity to repaint all the interior trim pieces, which, if done correctly, can refresh the interior’s look.
  • It’s crucial to check that all buttons, especially the HVAC controls, are functioning. The contacts on the back of these buttons often need re-soldering by now. Additionally, if the car is frequently left in the sun, the dashboard can warp and crack, but finding a replacement dash for a Corolla is neither difficult nor expensive.


Mechanically:

The Australian-delivered Toyota Corolla E120 is renowned for its mechanical reliability, featuring the 1ZZ-FE and 2ZZ-GE engines. The 1ZZ-FE has been a dependable 4-cylinder workhorse for Toyota, powering numerous models over the years. The 2ZZ-GE, recognised for its performance capabilities, has been utilised in various Lotus models and is commonly found in motorsport applications. Both engines are celebrated for their durability and longevity, making the Corolla E120 a reliable choice for many drivers.

However, even these robust engines are not immune to issues, particularly if they suffer from neglect or abuse. Common problems that may arise include:

  • Timing chain issues.
  • Variable cam gear problems.
  • Excessive oil consumption.
  • Rare oil pump failures.
  • Potential problems with coil packs, water pumps, and radiator leaks due to age.

Fortunately, these issues are generally easy to resolve. The availability of affordable parts and the simplicity of working on these engines mean that repair costs are often manageable. Labour charges for repairs should not be excessive due to the straightforward nature of the work required.

In the worst-case scenario of an engine failure, the prevalence of these engines means that replacement units are relatively easy to source and affordable to buy and fit.

Driving and Ownership

  • A common complaint among Corolla E120 owners is the lack of torque at lower RPMs. This trade-off comes with having a small engine that delivers decent power at higher RPMs and good fuel efficiency. Some drivers enjoy the need to rev the engine to higher RPMs for power, while others find it less appealing. The need to rev can give you a moment to reconsider aggressive maneuvers, like changing lanes or pulling into traffic, especially with the thought of law enforcement around the corner.
  • However, many owners have experienced issues with 2nd and 3rd gears becoming crunchy. Experts suggest that adjusting the clutch master pushrod can fix this problem, although some believe it’s just one of the car’s quirks, with some owners never encountering the issue.
  • Owners of pre-update models have reported that the steering feels underwhelming. Post-update models are fitted with a faster steering rack, which significantly improves steering responsiveness.
  • When considering a used Corolla E120, be aware of potential issues from previous owners. Many buyers of this generation are on tight budgets, and accident damage is often repaired cheaply, leading to various issues, including corrosion. Additionally, the Sportivo model is popular with new drivers, who may damage the car due to inexperience or ruin it with poor modifications.
  • For instance, many Sportivo models have been lowered, often improperly by cutting springs or using cheap coilovers. These modifications can be dangerous and should be carefully inspected before purchase.

Exterior

  • As with any 20-year-old car, if the Toyota Corolla E120 has been left out in the harsh Australian sun for years without care, the clear coat and paint can fade, and the plastics can become brittle. This issue, however, is not exclusive to the Corolla and affects many older vehicles exposed to similar conditions.
  • Aside from potential sun damage, the Corolla’s exterior is notably robust. Unlike many cars that develop corrosion or electronic issues over two decades, the Corolla’s exterior appears to be built like a tank, avoiding these common pitfalls.

Interior

  • The interior of the Corolla E120 can show its age, especially if the leather seats have not been meticulously cared for. Over time, the leather can shrink and crack. Reupholstering the seats is an option, or for a sportier feel, replacing the standard seats with lower, more supportive ones can address another common complaint: the seating position is too high and not sporty enough.
  • Non-leather upholstered Corollas, on the other hand, have fabric material that wears incredibly well over time. However, one common issue owners report is the middle console flap snapping off. This is a matter of when, not if. Matching the replacement flap to the textured finish of some models can be challenging. Many owners take this opportunity to repaint all the interior trim pieces, which, if done correctly, can refresh the interior’s look.
  • It’s crucial to check that all buttons, especially the HVAC controls, are functioning. The contacts on the back of these buttons often need re-soldering by now. Additionally, if the car is frequently left in the sun, the dashboard can warp and crack, but finding a replacement dash for a Corolla is neither difficult nor expensive.


Mechanically:

The Australian-delivered Toyota Corolla E120 is renowned for its mechanical reliability, featuring the 1ZZ-FE and 2ZZ-GE engines. The 1ZZ-FE has been a dependable 4-cylinder workhorse for Toyota, powering numerous models over the years. The 2ZZ-GE, recognised for its performance capabilities, has been utilised in various Lotus models and is commonly found in motorsport applications. Both engines are celebrated for their durability and longevity, making the Corolla E120 a reliable choice for many drivers.

However, even these robust engines are not immune to issues, particularly if they suffer from neglect or abuse. Common problems that may arise include:

  • Timing chain issues.
  • Variable cam gear problems.
  • Excessive oil consumption.
  • Rare oil pump failures.
  • Potential problems with coil packs, water pumps, and radiator leaks due to age.

Fortunately, these issues are generally easy to resolve. The availability of affordable parts and the simplicity of working on these engines mean that repair costs are often manageable. Labour charges for repairs should not be excessive due to the straightforward nature of the work required.

In the worst-case scenario of an engine failure, the prevalence of these engines means that replacement units are relatively easy to source and affordable to buy and fit.

Driving and Ownership

  • A common complaint among Corolla E120 owners is the lack of torque at lower RPMs. This trade-off comes with having a small engine that delivers decent power at higher RPMs and good fuel efficiency. Some drivers enjoy the need to rev the engine to higher RPMs for power, while others find it less appealing. The need to rev can give you a moment to reconsider aggressive maneuvers, like changing lanes or pulling into traffic, especially with the thought of law enforcement around the corner.
  • However, many owners have experienced issues with 2nd and 3rd gears becoming crunchy. Experts suggest that adjusting the clutch master pushrod can fix this problem, although some believe it’s just one of the car’s quirks, with some owners never encountering the issue.
  • Owners of pre-update models have reported that the steering feels underwhelming. Post-update models are fitted with a faster steering rack, which significantly improves steering responsiveness.
  • When considering a used Corolla E120, be aware of potential issues from previous owners. Many buyers of this generation are on tight budgets, and accident damage is often repaired cheaply, leading to various issues, including corrosion. Additionally, the Sportivo model is popular with new drivers, who may damage the car due to inexperience or ruin it with poor modifications.
  • For instance, many Sportivo models have been lowered, often improperly by cutting springs or using cheap coilovers. These modifications can be dangerous and should be carefully inspected before purchase.

Should you buy it?

When considering whether to buy a Toyota Corolla E120, starting with the standard models, the answer is likely a resounding yes. The Corolla has a well-deserved reputation for reliability and practicality. If the specific vehicle you are considering passes all critical pre-purchase inspections, it’s a safe bet that it will serve you well for years to come. While it may be seen as boring, its reliability and low maintenance costs make it an excellent choice for a dependable daily driver.

However, when it comes to the Sportivo model, the decision becomes more nuanced. Unfortunately, many Sportivo models on the used market have been abused or poorly modified, making it challenging to find a quality example. The Sportivo’s performance appeal often attracts buyers who push the car to its limits, leading to potential issues.

If you manage to find a well-maintained Sportivo with a perfect history, it can be an excellent purchase. The Sportivo has the potential to be brilliant, and with intelligent modifications, it can even compete with more expensive performance cars like the Civic Type R. For those rare unicorns in great condition, the Sportivo offers a thrilling driving experience at a fraction of the cost.

On the other hand, many Sportivo models are in poor condition. Unless you are prepared to invest significant money to restore it to its former glory or intend to use it as a project or track car, it might be best to avoid the more problematic examples. The cost and effort required to

When considering whether to buy a Toyota Corolla E120, starting with the standard models, the answer is likely a resounding yes. The Corolla has a well-deserved reputation for reliability and practicality. If the specific vehicle you are considering passes all critical pre-purchase inspections, it’s a safe bet that it will serve you well for years to come. While it may be seen as boring, its reliability and low maintenance costs make it an excellent choice for a dependable daily driver.

However, when it comes to the Sportivo model, the decision becomes more nuanced. Unfortunately, many Sportivo models on the used market have been abused or poorly modified, making it challenging to find a quality example. The Sportivo’s performance appeal often attracts buyers who push the car to its limits, leading to potential issues.

If you manage to find a well-maintained Sportivo with a perfect history, it can be an excellent purchase. The Sportivo has the potential to be brilliant, and with intelligent modifications, it can even compete with more expensive performance cars like the Civic Type R. For those rare unicorns in great condition, the Sportivo offers a thrilling driving experience at a fraction of the cost.

On the other hand, many Sportivo models are in poor condition. Unless you are prepared to invest significant money to restore it to its former glory or intend to use it as a project or track car, it might be best to avoid the more problematic examples. The cost and effort required to bring a neglected Sportivo back to its best can outweigh the initial savings, making it a less practical choice for most buyers.

Should you buy it?

When considering whether to buy a Toyota Corolla E120, starting with the standard models, the answer is likely a resounding yes. The Corolla has a well-deserved reputation for reliability and practicality. If the specific vehicle you are considering passes all critical pre-purchase inspections, it’s a safe bet that it will serve you well for years to come. While it may be seen as boring, its reliability and low maintenance costs make it an excellent choice for a dependable daily driver.

However, when it comes to the Sportivo model, the decision becomes more nuanced. Unfortunately, many Sportivo models on the used market have been abused or poorly modified, making it challenging to find a quality example. The Sportivo’s performance appeal often attracts buyers who push the car to its limits, leading to potential issues.

If you manage to find a well-maintained Sportivo with a perfect history, it can be an excellent purchase. The Sportivo has the potential to be brilliant, and with intelligent modifications, it can even compete with more expensive performance cars like the Civic Type R. For those rare unicorns in great condition, the Sportivo offers a thrilling driving experience at a fraction of the cost.

On the other hand, many Sportivo models are in poor condition. Unless you are prepared to invest significant money to restore it to its former glory or intend to use it as a project or track car, it might be best to avoid the more problematic examples. The cost and effort required to bring a neglected Sportivo back to its best can outweigh the initial savings, making it a less practical choice for most buyers.

Need help with finance?

What is the car's build year?

2020

Loan Amount

$5,000

Finance estimate ~

$30

Per week*

8.49%

Comparison rate p.a#

Models, pricing & features

Toyota Corolla Sportivo-6

Ascent

Price when new: $19,990

Price used: $1,900 - $3,300

Equipment

  • 4 Speaker Stereo
  • Adjustable Steering Col. – Tilt only
  • Airbag – Driver
  • Body Colour – Bumpers
  • Body Side Mouldings
  • Central Locking
  • Disc Brakes Front Ventilated
  • Disc Brakes Rear Solid
  • Engine Immobiliser
  • Exhaust – Stainless Steel Single System
  • Headrests – Integrated 2nd Row
  • Intermittent Wipers – Variable
  • Mudflaps – front
  • Mudflaps – rear
  • Power Door Mirrors
  • Power Steering
  • Radio Cassette
  • Rear Wiper/Washer
  • Remote Boot/Hatch Release
  • Remote Fuel Lid Release
  • Seatbelt – Pretensioners 1st Row (Front)
  • Tacho

Conquest

Price when new: $23,590 - $23,890

Price used: $2,600 - $4,300

Adds

  • 15″ Alloy Wheels
  • ABS (Antilock Brakes)
  • Air Conditioning
  • Airbag – Passenger
  • Body Colour – Door Handles
  • Body Colour – Exterior Mirrors Partial
  • Body Side Mouldings – Colour Coded
  • Brake Assist
  • CD Player
  • Cargo Cover
  • Central Locking – Remote/Keyless
  • Chrome Grille Surround
  • EBD (Electronic Brake Force Distribution)
  • Illuminated – Key Ignition Barrel/Surround
  • Power Windows – Front only
  • Seatback Pockets – 1st Row (Front) seats
  • Seatbelt – Load Limiters 1st Row (Front)
  • Spoiler – Front
  • Spoiler – Rear
  • Sports Seats – 1st Row (Front)
  • Sunvisor – Vanity Mirror for Driver

Levin

Price when new: $28,290 - $29,090

Price used: $3,300 - $5,100

Adds

  • 6 Speaker Stereo
  • Airbags – Side for 1st Row Occupants (Front)
  • Body Colour – Fittings
  • Chrome Grille
  • Fog Lamps – Front
  • Leather Steering Wheel
  • Power Windows – Front & Rear
  • Roof Rails

MY03 update

  • Side Skirts
  • Spoilers – Front and Rear

Ultima

Price when new: $30,990

Price used: $3,700 - $5,400

Adds

  • CD Stacker – 6 disc In Dash/Cabin
  • Trim – Velour
  • Woodgrain – Centre Console
  • Woodgrain – Inserts

Sportivo

Price when new: $29,990

Price used: $3,900 - $5,600

Adds

  • 16″ Alloy Wheels
  • Air Cond. – Climate Control
  • Body Kit – F&R Spoilers
  • Skirts
  • Rear Apron
  • Chrome Exhaust Tip(s)
  • Chrome Interior highlights
  • Front Stabiliser
  • Leather Gear Knob
  • Leather Seats
  • Metallic Finish Centre Console
  • Power Steering – Speed Sensitive
  • Suspension – Sports

TTR Ascent

Price when new: $20,988

Price used: $2,700 - $4,300

Adds

  • Spoiler – Rear Roof Mounted

Ascent Sport

Price when new: $21,990

Price used: $2,700 - $4,300

Adds

  • Body Colour – Rear Garnish

Tech specs

Body Styles

  • 5 door Hatchback
  • 4 door Sedan
  • 5 door Wagon

Engine Specs

  • 1.8 litre, 4-cylinder petrol, 100kW / 171Nm (Ascent 2001 – 2007, Conquest 2001 – 2007, Levin 2001 – 2007, Ultima 2001 – 2007, TTR Ascent 2004, Ascent Sport 2004 – 2007)
  • 1.8 litre, 4-cylinder petrol, 141kW / 180Nm (Sportivo 2003 – 2005)
  • 1.8 litre, 4-cylinder petrol, 93kW / 161Nm (Ascent 2005 – 2007, Ascent Sport 2005 – 2007, Conquest 2005, Levin 2005 – 2007, Ultima 2005)

Transmission

  • 5-speed Manual (Ascent, Conquest, Levin, TTR Ascent, Ascent Sport)
  • 4-speed Automatic (Ascent, Conquest, Levin, Ultima, TTR Ascent, Ascent Sport)
  • 6-speed Manual (Sportivo)

Fuel ConsumptionLength

  • 4175mm (5 door Hatchback)
  • 4365mm (4 door Sedan)
  • 4385mm – 4410mm (5 door Wagon)

Width

  • 1695mm (All Models)

Height

  • 1470mm (5 door Hatchback, 4 door Sedan)
  • 1475mm – 1520mm (5 door Wagon)

Wheelbase

  • 2600mm (All Models)

Kerb Weight

  • 1100kg – 1224kg (5 door Hatchback)
  • 1053kg – 1111kg (4 door Sedan)
  • 1073kg – 1176kg (5 door Wagon)

Towing

  • 450kg (unbraked) – 1300kg (braked) (All Models)

Ancap Ratings

  • Not tested (Ascent, Conquest, Levin, Ultima, Sportivo, TTR Ascent, Ascent Sport)
  • 4 stars, tested 2001 (Ascent, TTR Ascent, Conquest, Levin, Sportivo, Ultima, Ascent Sport)

Body Styles

  • 5 door Hatchback
  • 4 door Sedan
  • 5 door Wagon

Engine Specs

  • 1.8 litre, 4-cylinder petrol, 100kW / 171Nm (Ascent 2001 – 2007, Conquest 2001 – 2007, Levin 2001 – 2007, Ultima 2001 – 2007, TTR Ascent 2004, Ascent Sport 2004 – 2007)
  • 1.8 litre, 4-cylinder petrol, 141kW / 180Nm (Sportivo 2003 – 2005)
  • 1.8 litre, 4-cylinder petrol, 93kW / 161Nm (Ascent 2005 – 2007, Ascent Sport 2005 – 2007, Conquest 2005, Levin 2005 – 2007, Ultima 2005)

Transmission

  • 5-speed Manual (Ascent, Conquest, Levin, TTR Ascent, Ascent Sport)
  • 4-speed Automatic (Ascent, Conquest, Levin, Ultima, TTR Ascent, Ascent Sport)
  • 6-speed Manual (Sportivo)

Fuel ConsumptionLength

  • 4175mm (5 door Hatchback)
  • 4365mm (4 door Sedan)
  • 4385mm – 4410mm (5 door Wagon)

Width

  • 1695mm (All Models)

Height

  • 1470mm (5 door Hatchback, 4 door Sedan)
  • 1475mm – 1520mm (5 door Wagon)

Wheelbase

  • 2600mm (All Models)

Kerb Weight

  • 1100kg – 1224kg (5 door Hatchback)
  • 1053kg – 1111kg (4 door Sedan)
  • 1073kg – 1176kg (5 door Wagon)

Towing

  • 450kg (unbraked) – 1300kg (braked) (All Models)

Ancap Ratings

  • Not tested (Ascent, Conquest, Levin, Ultima, Sportivo, TTR Ascent, Ascent Sport)
  • 4 stars, tested 2001 (Ascent, TTR Ascent, Conquest, Levin, Sportivo, Ultima, Ascent Sport)

Body Styles

  • 5 door Hatchback
  • 4 door Sedan
  • 5 door Wagon

Engine Specs

  • 1.8 litre, 4-cylinder petrol, 100kW / 171Nm (Ascent 2001 – 2007, Conquest 2001 – 2007, Levin 2001 – 2007, Ultima 2001 – 2007, TTR Ascent 2004, Ascent Sport 2004 – 2007)
  • 1.8 litre, 4-cylinder petrol, 141kW / 180Nm (Sportivo 2003 – 2005)
  • 1.8 litre, 4-cylinder petrol, 93kW / 161Nm (Ascent 2005 – 2007, Ascent Sport 2005 – 2007, Conquest 2005, Levin 2005 – 2007, Ultima 2005)

Transmission

  • 5-speed Manual (Ascent, Conquest, Levin, TTR Ascent, Ascent Sport)
  • 4-speed Automatic (Ascent, Conquest, Levin, Ultima, TTR Ascent, Ascent Sport)
  • 6-speed Manual (Sportivo)

Fuel ConsumptionLength

  • 4175mm (5 door Hatchback)
  • 4365mm (4 door Sedan)
  • 4385mm – 4410mm (5 door Wagon)

Width

  • 1695mm (All Models)

Height

  • 1470mm (5 door Hatchback, 4 door Sedan)
  • 1475mm – 1520mm (5 door Wagon)

Wheelbase

  • 2600mm (All Models)

Kerb Weight

  • 1100kg – 1224kg (5 door Hatchback)
  • 1053kg – 1111kg (4 door Sedan)
  • 1073kg – 1176kg (5 door Wagon)

Towing

  • 450kg (unbraked) – 1300kg (braked) (All Models)

Ancap Ratings

  • Not tested (Ascent, Conquest, Levin, Ultima, Sportivo, TTR Ascent, Ascent Sport)
  • 4 stars, tested 2001 (Ascent, TTR Ascent, Conquest, Levin, Sportivo, Ultima, Ascent Sport)

Warranty & servicing

Warranty

  • 3 years / 100,000 km (All Models)

Servicing

  • N/A

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Disclaimer

Please note that pricing information is subject to fluctuations in the automotive market.

Information correct as of Jul 26, 2024.

The advice provided on this website is general advice only. It has been prepared without taking into account your objectives, financial situation or needs. Before acting on this advice, you should consider the appropriateness of the advice, having regard to your own objectives, financial situation and needs.

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