Auto Loans - Auto Loans, Car Loans, Vehicle Finance
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Auto Loans - Auto Loans, Car Loans, Vehicle Finance
Finance Options
You may think it's premature to discuss finance before you've found the vehicle, but now is the time to discover what you can afford. The last thing you want is to fall in love with a vehicle you can't really afford, and wind up with a finance deal costing you too much.
Tips
Motoring magazines contain a host of information about makes and models. Some will even offer reports of used cars which may assist in determining the potential price you pay. Remember, the more homework you do, the better.
Walking into a car dealership with your finance pre-arranged can enhance your bargaining position and give you some certainty over what you can afford.
When buying a car you need to consider more than just the purchase price - there's also stamp duty, GST if applicable, registration, insurance, and sometimes a transfer fee. Even for less expensive cars these charges and taxes can amount to hundreds of dollars.
Everything is negotiable. The right offer at the right time may get you a bargain. The dealer may need to clear stock. The private vendor could be desperate for the money or sick of advertising and hosting inspections.
Many people avoid auctions. They fear that in the pressure of the moment they'll buy something they don't want with money they don't have. However, you can appoint a trusted friend to do your bidding for you.
