While it may be slightly more challenging than for individuals in stable, full-time employment, apprentices can also apply for and obtain car loans. Lenders assess various factors when considering loan applications, and apprenticeships are typically seen as a form of employment, albeit with some uni

When you start to consider a loan for your next car, you’ll quickly realise that your borrowing power will dictate how much credit a financier is prepared to afford you. In the midst of a cost-of-living crisis, this takes on even greater importance. Nonetheless, it is prudent to understand your

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

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

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