Car Finance Tips

Learn from our many years of experience buying cars and approving car finance. Our top car brokers and consultants have put together this list of car finance tips for you.

5 Ways To Make Sure You Can Get A Good Interest Rate With Bad Credit

This article outlines the following:

  • Tip 1 – Clean Up Your Credit File
  • Tip 2 – Wait For Your Bad Credit To Be Removed
  • Tip 3 – Professional Legal Advice
  • Tip 4 – Professional Credit Advice
  • Tip 5 - Be Careful Of Loan Applications

5 Tips On How To Secure Car Finance When You Have Bad Credit

This article outlines the following:

  • Tip 1 – Transparency
  • Tip 2 – Understand Your Credit File
  • Tip 3 – Banking Conduct
  • Tip 4 – Credit Card Or Other Loan Conduct
  • Tip 5 - Employment Stability

5 Things You Need To Consider When Arranging Car Finance

This article outlines the following:

  • Tip 1 – Don’t Just Accept Dealership Finance
  • Tip 2 – Compare All Features, Not Just The Interest Rate
  • Tip 3 – Don’t Apply For Car Finance Until You Are Satisfied With Your Quote
  • Tip 4 – Understand What Is On Your Credit File Prior To Applying
  • Tip 5 – Should I Do My Own Research And Apply Directly Myself?

5 Reasons You Need To Consider A Novated Lease

This article outlines the following:

  • Tip 1 – Reduce Your Taxable Income
  • Tip 2 – Your Employer Makes The Repayments
  • Tip 3 – Save On G.S.T.
  • Tip 4 – Convenience
  • Tip 5 – Flexibility

5 Tips On When To Use A Balloon Payment

This article outlines the following:

  • Tip 1 – To Get The Car You Want To Fit Within Your Budget
  • Tip 2 – To Make Your Repayment Have A Larger Proportion Of Interest
  • Tip 3 – When You Want To Sell Your Trade In Privately
  • Tip 4 – Lower Your Repayments And Make Additional Repayments
  • Tip 5 – Easy Upgrade

5 Tips On How To Establish Your Credit Rating

This article outlines the following:

  • Tip 1 – Don’t Just Apply For Any Offer
  • Tip 2 – Get Advice
  • Tip 3 – Be Realistic About Your Borrow
  • Tip 4 – Guarantor
  • Tip 5 – Understand Your Credit File

5 Tips On How To Secure The Best Car Loan Interest Rate

This article outlines the following:

  • Tip 1 – Shop Around Without Enquiring
  • Tip 2 – Get Assistance With Your Car Loan Shopping
  • Tip 3 – Do Not Apply Unless You Are Committed
  • Tip 4 – Ask For A Better Car Loan Interest Rate
  • Tip 5 – Commit Some Savings To Your Car Purchase

5 Things You Need To Consider When Shopping For Car Finance Online

This article outlines the following:

  • Tip 1 – Make Sure Your Enquiry Is Just That And Not A Formal Application
  • Tip 2 – Check The Credentials Of The Company
  • Tip 3 – Do They Use Multiple Financiers?
  • Tip 4 – Don’t Rely On Online Car Loan Calculators
  • Tip 5 – Deal With Someone You Feel Comfortable With

5 Tips To Securing The Best Car Loan Interest Rates

This article outlines the following:

  • Tip 1 - Credit Enquiries
  • Tip 2 – The Age Of The Car
  • Tip 3 – Net Asset Position – Assets Minus Liabilities
  • Tip 4 – Don’t Rely On Online Car Loan Calculators
  • Tip 4 – Equity
  • Tip 5 – Use A Finance Broker

5 Tips To Selecting The Best Car Finance Broker

This article outlines the following:

  • Tip 1 – Is Your Car Finance Broker Licenced?
  • Tip 2 – Lender Accreditations
  • Tip 3 – Experience
  • Tip 4 – Size Of The Business
  • Tip 4 – Equity
  • Tip 5 – Do They Have A Physical Location?