Do I Have to Pay Stamp Duty on a Car?

Sunday, 10th November 2024 5:56 pm

Stamp duty, which is a government fee, is generally mandatory on new and used cars. The fee is designed to cover a transfer of vehicle ownership, with the tax calculated based on the vehicle's value. Each state and territory has its own regulations and rates, but there are also some exemptions an

Can Afterpay Impact my Car Loan Application?

Sunday, 10th November 2024 5:21 pm

Using Afterpay or similar buy-now-pay-later (BNPL) services can impact your car loan application in Australia. This is because lenders often evaluate your overall financial behaviour, including your spending and credit habits, when assessing your ability to repay a new loan. While Afterpay itself

Is it Worth Taking Out a Loan to Repair my Car?

Friday, 25th October 2024 4:19 pm

An inevitable part of owning a vehicle is that eventually it will need repairs. No, not your routine maintenance, but actual repairs in the workshop. In instances where you’ve either had an accident or a mechanical fault, you’ll be facing the prospect of a potentially hefty repair bill. Ho

Can You Apply for a Novated Lease for a Second-hand Car?

Thursday, 24th October 2024 3:05 pm

By now, you may have heard about novated leases. And although most individuals consider them in the context of brand new vehicles, they may also be applied to second-hand cars. Of course, you should observe a few specific conditions and restrictions.   Read More

How to Apply for a Car Loan as a Single Parent

Wednesday, 23rd October 2024 7:02 pm

As a single parent, it’s likely that you may already be facing one of several challenges in life with regards to making ends meet. Our society is sometimes unfavourable towards single parents who need to slog it out on their own, and the finance sector is no exception with lenders all looking for