The COVID-19 pandemic has severely hampered the new-car market since the start of 2020. In April alone, the new car sales plummeted by 48.5 percent compared to the sales of the same month last year. This is the largest decline of any month since 1991 when the first monthly figure was recorded. The decline is … Continue reading Is the Australian New-Car Market Recovering?
Being a new car owner is exciting but at the same it requires you to learn about your vehicle. There’s is a lot to learn so our advice is that you take your car education one part at a time. And the best place to begin? The tyres! Keeping your car tyres in great condition … Continue reading A Beginner’s Guide to Car Tyres
Imagine the excitement of finally being able to buy your dream car, only to find out that your car loan application has been declined. This normally happens due to poor credit score. What a bummer, right? So, before even shopping around for a great car financing product, make sure you have excellent credit standing first. … Continue reading How to Improve Your Credit Score to Get a Car Loan
With the many car financing options available today, people will almost always buy a vehicle for personal or business use. However, there are situations when leasing a car is more ideal than owning. Just like renting a house, a car lease has some features that can fit your needs. The question is, how do you … Continue reading Should I Buy or Lease a Car?
Going off-road is a challenging but very rewarding recreational activity for Aussies. That’s because beyond the rough terrains is where you can find some of the most amazing landscapes and sceneries. If you’re ready to take on the sand dunes, green lanes, rocks, gravel, snow, and mud, then here’s a useful guide on off-roading for … Continue reading Off-Roading Tips For Beginners
Owning a sports car is almost every man’s dream. It’s the ultimate symbol of power and luxury. A sports car is quite an investment too so buying one requires great care and consideration. Before you head to the dealer, hear us out on some of the things you have to think about making your purchase. … Continue reading Tips for Buying a Sports Car
Nowadays, there are plenty of investment options to help your money grow, whether on a short-term or long-term basis. One that’s growing in popularity with many investors today are classic cars. This is because they have proven to yield high returns in the long run. If this is something that interests you, whether you’re a … Continue reading Classic Car Investment: A Guide
What Is Novated Leasing? Novated car leasing is a cost-effective financial arrangement which allows businesses to lease vehicles for, or on behalf of, their employees with use of salary packaging. It simply means the employer is deducting lease payments and running cost from a combination of the employee’s pre-tax and post-tax salary. This in turn … Continue reading Fringe Benefit Tax (FBT) on a Novated Car Lease explained
A business car loan is a great way to finance the vehicles required for running your business. But like with personal car loans, there are loads of considerations to make when applying for this type of financing. You need to understand them to make sure that you get the right car loan for your business. … Continue reading Business Car Loans: What to Consider
Buying a car is an exciting time, no matter when you do it. The joy of bringing home a new car, whether it’s a large family SUV for travelling or a reliable hot hatch for city drives, is always exhilarating. But however excited you might be, never hasten to the dealerships. Instead, wait for some … Continue reading When is the Best Time to Buy a Car from a Dealership?
When applying for a car loan, you’ll come across the term “balloon payment” while reviewing the loan agreement. Your lender will explain its meaning, for sure. Still, it’s important to understand the term on your own (and how it will affect your loan repayments) before you sign the dotted line. What’s a balloon payment? A … Continue reading What are Balloon Payments?
2020 is fast approaching and with the new year comes a fresh line-up of vehicles that will hit the Australian market. If you’re planning to upgrade or get your first car, 2020 is an exciting time to do it in. Here we’ve compiled a list of 10 cars to keep an eye on in 2020. … Continue reading 10 Cars to keep an eye on in 2020
The cardinal rule of good car ownership is keeping your car in tip-top condition. No, this isn’t just some witty ads to sell an automotive product or service. Regular vehicle maintenance is an important responsibility that extends the benefits, and life, of your car. Maintenance prolongs the vehicle’s life Regular wear and tear alone can … Continue reading Why Regular Vehicle Maintenance is Important
Buying a car is a big-ticket purchase that often requires a loan. When a buyer picks the right car loan, it can alleviate the financial weight of the vehicle purchase. Get the wrong one, and it becomes a burden to carry for years. To make a car loan work, you need to understand its components … Continue reading The Difference Between Fixed-Rate & Variable-Rate Car Loans
Buying a new car is not your typical everyday purchase because it requires a handsome sum of money. Even the cheapest hatchback today, the 2019 Mitsubishi Mirage, will cost you almost $14,000. If you ‘re not rolling in dough but want (or need) to own a car, then saving up some money for it first … Continue reading Tips on How to Save Up for A New Car
There was a time when electric cars were just highlights of motor shows. Now, we’re starting to be accustomed to their presence on Australian roads. The question for many Aussies today is whether it’s finally time to invest in an electric car or should they wait it out until it becomes inevitable. What is an … Continue reading Should You Buy an Electric Car?
When hunting for a used car, most people are placing costs and appearance of the car at the top of their list. Unfortunately this same group are placing safety factors much lower on their list (if considering it at all). It goes without saying that this should not be the case. No matter if you’re … Continue reading Tips For Finding A Used Car That’s Safe
Just months after its release earlier this year, the 2019 BMW X1 is already getting an upgrade and there will soon be the first Plug-in Hybrid Electric Vehicle (PHEV) version in Australia. This surprise makeover of BMW’s top-selling SUV includes a facelift, with a reworked front bumper, larger air intakes, new adaptive LED headlights, and … Continue reading 2019 BMW X1 Gets a Facelift & Hybrid Upgrade – Already!
The 2019 financial year is ending. If you’ve been waiting for a good time to purchase a new vehicle, then this is it. Buying a car this winter, just before tax time is your best chance to get some fantastic deals. There are two main reasons behind this: First, the automotive market in Australia did … Continue reading Buying A Car Before Tax Time
Good news for small business owners! You can now claim your new car’s purchase cost against your tax. That’s right. The Australian government has recently declared that small businesses can still get the instant asset tax write off for a maximum of $30,000. The tax write-off amount has increased from the previous limit of $20,000, … Continue reading Businesses: Claim the Instant Asset Tax Write Off