With the majority of Australians required to take out a loan when buying a new car, the market has long offered savvy consumers means to shop around to get the best deal for themselves. With interest rates skyrocketing over the last year, that is even more important. However, what’s often overl
What are the Ongoing Costs of a Car Loan?
It’s no secret that Australian motorists love their vehicles. What's more, as a nation, we’re partial to the use of debt to leverage our assets and fund our shopping habits! However, many new car buyers only focus on the initial price of their purchase and often take for granted the ongoing cost
Should I Consider Trading In My Car?
When we start looking for a new car, we inevitably face the decision regarding what to do with our existing vehicle. The most common options include trading in the vehicle to a dealership in exchange for a discount on your new purchase, or opting to take the car to the private market and deal wit
What to be Wary of When Borrowing
If you’ve ever talked to someone who has taken out a loan with a loan shark, also known as shylocks, you’ll understand why these 'financiers' were often cast as villains. Some people who failed to read the fine print or were so desperate to take out a loan from one of these unscrupulous lenders
Understanding Fringe Benefits Tax With Your Novated Lease
If you don’t have an accounting background, understanding all the ins and outs of fringe benefit taxes and how they apply in the case of a novated lease on your car could drive you up the wall. A Recap on Novated Leases