In Australia, car brokers are a relatively unknown breed, with many unaware of their existence, let alone what they do. However, buying a car through a broker can deliver you major benefits. Back in the day, car brokers used to operate as 'spotters', working on behalf of dealers to attract custo
Buying a Car Through a Commercial Hire Purchase
If, as a business, you are looking at using a commercial hire purchase to obtain your next car, there are a number of things to bear in mind before you take the plunge. For those not in the know, a commercial hire purchase (CHP), also referred to as an operating lease, is a commer
Are Novated Leases Worth It?
A novated lease is an agreement between your employer, a finance company and yourself. When you choose the car you want, you then enter into a finance agreement in your own name. After that, all three parties, including your employer and the financier, sign a novated lease. Some le
Why Borrowers Should Take Out a Vehicle Inspection for Second-Hand Cars
It's one thing to take out finance for a new car, however, a large portion of car buyers opt for a used car instead. And when it comes to the second hand market, you can never be too sure what you’re buying. Regardless of whether you opt to purchase through a dealer or a private seller, neither
Car Finance for Businesses
There are many options for businesses to finance motor vehicles. Interest rates and borrowing costs are the obvious starting point when comparing finance options, however, tax deductions, GST implications, and fringe benefit taxes should also be considered. Read More