Is a Car Loan a Better Option than Using Your Credit Card?

Thursday, 21st November 2024 11:53 pm

If you're in the market for a new car, it may be easy to look at your credit card and think, 'well, I've got the security I need right here'. Of course, for some, whose limits stretch that high, or looking at paying at least partly by credit card, it may seem tempting. But there are good

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