Rising car prices in 2023: Time to review your Car Loan?
The rising costs of living have been biting Aussies this year, with transportation, along with housing costs and groceries being 2023’s biggest expenses.
Recent research from the Australian Automobile Association (AAA) shows that transport costs continue to increase for Aussies, with over 15% of household income being spent on this area.
The cost per household has risen a whopping $1,730 a year in the last 12 months.
Transport costs can include all operating costs to get your hot wheels on the road, along with public transport – but what about the basic bread and butter costs car owners face?
Australian highways with your dream car in no time. So, let’s hit the road with confidence and a sprinkle of Aussie charm, as you cruise towards a brighter financial future. Safe travels, and may your financial engine always purr!