How the Consumer Credit Code Protects Aussie Car Buyers
Buying a car is a big financial step for many Australians. Whether you’re upgrading to a family SUV, snagging a zippy second-hand hatchback, or going green with an electric vehicle, chances are you’ll be using some form of finance to make it happen. That’s where the National Consumer Credit Protection Act 2009 (NCCP)—and more specifically, […]
Family Car Finance: How to Upgrade When You’re Expecting
Life has a funny way of shifting gears just when you think you’ve found your groove. One moment, you’re zipping around town in your two-door coupe, and the next—you’re Googling “best SUVs for newborns” and “boot space for prams.” If you’re expecting a baby (congrats, by the way!), your vehicle might be one of the […]
How Balloon Payments Affect Car Refinancing Options
Buying a car with a balloon payment can be tempting. After all, it means lower monthly repayments and a bit of breathing room in your budget. But when the loan term wraps up, that large final payment can hit like a tonne of bricks. So, what happens when you’re at the end of your balloon […]
Should You Finance a Car for Your Teenager? What Parents Should Know
Your teenager has just passed their driving test, and the inevitable question arises: Should you finance a car for them? It’s a significant decision that intertwines financial considerations with parenting philosophies. Let’s explore the factors to help you make an informed choice. Assessing Financial Implications Financing a car means committing to monthly payments, […]
Can You Get a Car Loan with a Poor Credit Score?
Having a less-than-stellar credit score can feel like a roadblock when you’re in the market for a new car. But does a poor credit history mean you’re out of options? Not necessarily. Let’s navigate the twists and turns of securing a car loan with a less-than-perfect credit score. Understanding Credit Scores and Their Impact […]
Finance Tips for Self-Employed Car Buyers
Buying a car is an exciting milestone, but if you’re self-employed, it can feel a little daunting. Getting car finance when you work for yourself can sometimes be trickier than it is for salaried employees, but it certainly isn’t impossible. With some preparation, understanding, and a few helpful strategies, you can secure car finance that […]
Tax Implications of Car Financing: What You Should Know
Financing a car is more than just securing the keys to your new ride – it can have significant tax implications too. Whether you’re purchasing a car for personal use or as part of your business, it’s essential to understand how your financing choices may affect your tax return. From deductions and GST claims to […]
Understanding Residual Values and Car Leases
When it comes to car financing, few terms are more misunderstood than “residual value.” If you’ve ever looked into leasing a vehicle or considered a novated lease, you’ve probably come across it. But what exactly does it mean, and why should it matter to you? Whether you’re a first-time car lessee or just exploring your […]
Beginner’s Guide to Car Insurance and Financing
Buying a car is a pretty big deal—especially if it’s your first one. Between finding the right vehicle, sorting out the finance, and navigating insurance options, there’s a lot to consider. If you’re feeling a little overwhelmed, you’re not alone. That’s why we’ve put together this beginner’s guide to help demystify two key parts […]
Low Deposit and No Deposit Car Loans: What Australian Buyers Need to Know
Buying a new car is an exciting milestone, but scraping together enough savings for a hefty deposit can be a challenging hurdle for many Australians. Thankfully, low deposit and no deposit car loans offer potential pathways to car ownership without breaking your bank upfront. Let’s dive into what these loans are, how they work, and […]