ALL >> Business >> View Article
Comparing Car Loans The Aussie Way
Aussie Car Loan Tips: What to Do Before Applying for Financing
Most first-time buyers do not realize that while getting a car loan is of utmost importance before getting your first car, there are several things you should do before even thinking about applying for car financing, and that is to wisely choose a pre-loved car that will suit your needs. Here are some tips on how to get your money's worth:
Research, research and more research
Don't just jump headlong into grabbing the first nice-looking car you see! Instead, you should spend more time researching about it. Consider:
Type and make of car you desire, and list down the why's
The size of your desired car: is it going to be a sedan, or an MPV which may be ideal for a larger family
The amount of money you can afford to spend
Look towards these Australian websites and publications for inspiration and ideas on what a car is worth these days:
www.redbook.com.au
www.goauto.com.au
www.carsales.com.au
Motor Magazine
Wheels Magazine
You can generally garner very useful information ...
... on local Australian automobile message boards as well as user review websites where actual testimonials of various cars can be obtained
Set your budget wisely
We all know how car loans can take a toll on our incomes but if you were to set a budget beforehand and are confident you can adhere to it, you won't experience much difficulty on the loan repayment front later on. One way is to purchase a used car, and this is deemed sensible because car prices depreciate as much as half their prices in three years' time. To avoid overpaying on your vehicle, you may opt to pay less down payment for a pre-loved car and at the same time possess the ability to negotiate on other fees like stamp duties and registration.
Private sale or dealership?
Naturally, if you want to spend as little as you can on a car, you may wan to opt to close a private sale. However, there are risks attached to this because you need to perform your own background checks on the car, its owner and the history, Buying a dealership car, on the other hand, gives the convenience of having everything checked out with the dealers, including the car's warranty. The onus is on you to make a decision whether you want a lower price, or peace of mind of having your car purchase go smoothly without much hiccups.
Compare Car Loans and save with Australias number 1 Car Loans comparison website.
Add Comment
Business Articles
1. Catering Services In Noida For Every OccasionAuthor: Catering Services in Noida
2. Leading The Way In Business Continuity Management System (bcms) In Uae And Dubai
Author: kohan
3. Manila Rope: A Versatile Solution For Various Industries In The Uae
Author: yasirsheikh1891
4. Exploring Asian Clothes Online: A Guide For Uk Shoppers
Author: Dazzle and Bloom
5. Maximizing Your Email Marketing Roi: A Comprehensive Guide
Author: tim seifert
6. Spray Paint: The Ultimate Solution For Versatile And Efficient Painting
Author: yakubali7842
7. High-quality Thrust Needle Roller Bearings: Essential For Reliable Performance
Author: psbearings
8. Web Design Company In Coimbatore
Author: cp
9. Top Needle Roller Bearing Manufacturer: Quality You Can Rely On
Author: psbearings
10. Discover The Best Rfid Tags For Your Industry Needs At Id Tech Solutions
Author: Shivam Kumar
11. Translation Company In India
Author: Lingosolution
12. Why Perlau Gwyn Dental Care Is The Top Choice For Dentists In Cardiff And Teeth Whitening Services
Author: Rebecca Brown
13. Hybrid Inverters & Their Diverse Applications
Author: blogswalaindia
14. The Role Of Solar Panels In Sustainable Living
Author: blogswalaindia
15. Solar Energy And Battery Storage: What You Need To Know
Author: blogswalaindia