Why Are Interest Rates for Used Cars Higher Than New Cars?

Saturday, 23rd December 2023 9:27 pm

Buying a car, whether new or used, often involves taking out a loan. However, if you’ve explored financing options, you may have noticed that interest rates for used cars are typically higher than those for new cars. This discrepancy in interest rates can be attributed to several key factors. &

Guaranteed Future Value Explained

Sunday, 10th December 2023 5:52 pm

One of the programs that has taken off in recent years is the 'Guaranteed Future Value Program'. The initiative, which is provided by a select range of car manufacturers, provides motorists with some degree of clarity surrounding the resale value of their car. Each manufacturer will provide

What Happens if I Break a Novated Lease?

Sunday, 10th December 2023 5:33 pm

Breaking a novated lease can be a complex and challenging situation, impacting both your finances and your mobility. A novated lease is a popular arrangement that allows individuals to lease a vehicle using pre-tax income, often through an agreement between an employer, employee, and a finance compa

How Important is Fuel Economy When Buying a New Car?

Thursday, 30th November 2023 4:55 pm

In today's world, where environmental concerns and rising fuel costs are ever-present, the significance of fuel economy in the decision-making process of buying a new car cannot be overstated. Fuel economy, of course, refers to the efficiency of a vehicle in terms of the distance it can travel pe

How to Upgrade Your Car on a Budget

Thursday, 23rd November 2023 10:40 pm

Upgrading a car can be an exciting time, but it is often associated with substantial expenses. However, there are numerous ways to enhance your vehicle without breaking the bank. Whether it's improving performance, enhancing aesthetics, or increasing comfort, a budget-friendly approach can yield rem