What is Loan Repayment Insurance and Do I Need It?

Monday, 14th August 2023 4:20 pm

These days, a number of loan companies and banks require applicants to take out loan repayment insurance when seeking finance to purchase a vehicle. Most car buyers would be thinking why on earth they need to take out such a policy. You may even assume that this is just another money-spinning in

Do I Need a Deposit for a Car Loan?

Saturday, 22nd July 2023 8:09 pm

Although the common perception is that you need a deposit in order to take out a car loan, many would be surprised to realise that this isn’t always the case. Sure, some lenders will give you a difficult time without putting down any money. However, these days there are lots of providers who ar

How to Tell if a Car Loan is Right for You

Sunday, 9th July 2023 11:36 pm

Over the years car loans have become increasingly accessible to Aussie motorists, but with interest rates now marching sharply higher since the end of the pandemic, borrowers should know what they are potentially getting into. So before you make the commitment to finance a vehicle, ask yourself thes

What is a Comparison Rate?

Sunday, 18th June 2023 4:17 pm

If you’re in the market for a car loan, or other types of financing for that matter, you may have noticed a specific term describing the interest rate – comparison rate. So what exactly is a comparison rate, and how does it differ from an advertised rate?  

Why Refer to a C

What Car-Related Tax Deductions Can You Claim?

Wednesday, 7th June 2023 5:52 pm

As the end of the financial year nears, it's worth thinking about tax time! And with a few weeks remaining, that means any last-minute deductions, or things to be aware of when it comes time to claim deductions. While there are a wide array of permutations and individual circumstances to consider