April 28th, 2017 by Car Finance Australia
March 27th, 2017 by Car Finance Australia
It’s easy to forget about regular car maintenance, especially when everything with you car seems to be fine. However, neglecting proper maintenance can end up costing you unnecessary dollars in the long run, shorten the life of your vehicle and threaten your safety. Here are 5 of the most common (and costly) car maintenance mistakes to avoid:
Not Checking Tire pressure Regularly
Tire pressure isn’t just about avoiding flat tires (although that is important) – it’s also about maintaining your fuel economy. When tires are under-inflated, it can cause your car to use more petrol than necessary, and the costs of this will add up. We recommend that you check your tires every few months – if you’re not sure what pressure your tires are supposed to be, have a look at your car’s manual. Never judge the pressure of your tires by eye, as looks can be deceiving.
Every car needs regular oil changes. The average oil change interval for today’s cars is around 12500 km. However, if you drive an older car, we recommend that you change your oil every 5000 km or so. Don’t be tempted to skip oil changes – when motor oil is left in an engine for too long it begins to break down, and this can lead to deposits of sludge in your engine which can be very damaging for your car. It’s simple – if you want your car to last, get regular oil changes.
Brakes are the most important safety function of your car – so make sure that you have your mechanic inspect them regularly. Although changing your brake pads can be a little expensive, if you leave it too long they will wear down completely and start to work away at the rotators, which will entail an even more expensive repair.
Signs you need new brakes:
- Reduced brake responsiveness
- Grinding, growling, screeching or clicking noise when braking
- Car pulls to one side when braking
Not rotating tires
Tires wear out unevenly. Rotating tires helps them to wear out evenly and therefore makes them last longer. Most manufacturers recommend rotating your tires every 8000-16000 km – but we recommend you check your car manual or ask your mechanic to find out exactly how often you should be rotating.
Old Windscreen Wipers
Windscreen wipers degrade over time. They are a cheap and easy fix, yet many people neglect to replace them as often as they should. How do you know if your wipers need replacing? Check for streaks on the windscreen and cracks in the wiper blades. If in doubt, we recommend changing them every 6 months or so. Windscreen wipers are essential for safety in wet weather – so make sure that yours are as effective as possible.
Generally speaking, a car should be serviced every 6 months or so to check the above and more. Servicing your car regularly will save you money in the long term, ensure the longevity of your vehicle and make sure your car is safe to drive. For more information about car maintenance or our wide range of car finance services, don’t hesitate to contact us.
February 28th, 2017 by Car Finance Australia
What is an electric car?
An electric car is a vehicle that is powered by an electric motor instead of a traditional combustion engine. Electric cars, also known as an electric vehicle or EV, use energy stored in rechargeable batteries, meaning these cars can be charged using common household electricity. There are 3 types of electric vehicles:
- All-electric (must be plugged in and charged up, does not use fuel at all).
- Plug-in hybrid (relies on a battery but also has a petrol tank to extend its range).
- Hybrid electric vehicle (has a petrol tank and also uses other innovative forms of energy generation like regenerative brakes).
In this post we’re going to focus on the pros and cons of all-electric vehicles. So, if you’ve considered purchasing an electric car to save money on fuel costs, here are some things to consider before you do:
Pros of Electric Cars
Electric cars are charged by batteries – meaning if you drive an all-electric car, you will never need to purchase fuel again. According to the Guardian, the total cost of owning an electric car, including purchasing and running costs, will be cheaper than that of traditional cars by 2022.
Better for the Environment
Electric cars run on renewable energy, which means they don’t produce greenhouse gas emissions. According to the Victorian Government, road transport makes up for 12.7 percent of Australia’s greenhouse gas emissions. Therefore, the use of electric cars and commercial vehicles could drastically reduce our carbon footprint. According to the Australian Conservation Foundation, “charging electric vehicles using sustainable renewable energy could provide carbon neutral travel, but also reduce toxic air pollution and noise. Imagine being able to open windows in buildings close to busy roads, reducing air conditioning use and increasing property values – all this becomes possible”. However, it’s important to consider that manufacturing any car produces greenhouse gas, and due to the large batteries in electric cars, the manufacturing process may produce more emissions than that of a conventional vehicle.
Easy to Charge and Maintain
One of the most convenient aspects of electric cars is that they can be charged from home. This means owners can simply drive home from work, charge them overnight and then leave in the morning with a fully charged car.
Regarding maintenance, all cars with combustion engines come with a long maintenance checklist, including checking and changing the oil, transmission, brake fluid, spark plugs, wires, timing belts, air filters and battery. All of these add up and increase the total cost of the vehicle. Electric cars, on the other hand, require significantly less maintenance, which makes them much cheaper to run in the long term (despite their higher initial costs).
According to FleetCarma, electric cars are safer than cars with internal combustion engines. Why? Because it is practically impossible for a battery powered car to explode on impact, and thanks to the heavy battery packs in electric cars, their centre of mass is much lower and they are less likely to rollover. Electric cars are also equipped with all of the safety features that are standard in vehicles, and many EVs exceed safety standards. Read more here.
Cons of Electric Cars
Despite the numerous advantages of owning an electric car, there are, of course, disadvantages that need to be considered. The potential cons of EVs include:
Limited Range and Charging Infrastructure
Most electric cars have a limit of about 80-200 kilometres until they need to be recharged. This means that it can be very difficult to take electric cars on long journeys, since – as of yet – there isn’t much public charging infrastructure available. This limited range contributes to something called ‘range anxiety’, which is the fear that an electric car will run out of battery before reaching an intended destination. There is a great app to make up for this lack of public charging facilities – it’s called PlugShare, and it’s a huge worldwide map of available charging stations (including chargers in people’s homes as well as non-residential charging bays).
Another potential issue with EVs is the length of time they take to reach 100% charge – up to 8 hours (which is fine for overnight charging… but not ideal for long journeys). Most new models, however, come with rapid charging capabilities.
In the coming years, the limited range and charging time of EVs is sure to increase, as will the availability of public chargers. For the meantime, if you plan on driving long distances in your car, we recommend sticking to a petrol car or considering a hybrid.
Higher Initial Cost
Electric cars cost more upfront than their gasoline or diesel powered counterparts. However, most EVs start to pay for themselves very quickly thanks to their fuel savings and lower maintenance costs. As we mentioned before, electric cars are set to become the overall cheaper option in the next 5 years, thanks to the “plummeting cost of batteries”.
Electric cars are quiet… perhaps too quiet. Some road users, such as pedestrians, cyclists and the vision impaired, rely on noise to know if a vehicle is approaching. Which is why the USA and Europe have made the addition of noise to EVs compulsory. In late 2016, the USA set in place the ‘Quiet Car Safety Standard’. Under this standard, all hybrid and electric vehicles with four wheels and a gross weight of 10,000 pounds (about 4500 kgs) or less will be required to make audible noise when traveling forwards or in reverse at speeds of up to 30 kilometres per hour. At higher speeds, artificial sound is not required because factors such as tire and wind noise provide adequate warning to pedestrians. Similar rules are also in place in Europe.
The future of EVs looks very bright, and technological advances are soon to rule out many of their disadvantages. If you’d love to help the environment and experience the benefits of an electric car, but don’t quite feel ready to commit to an all-electric vehicle, hybrids are a great compromise.
For more information about electric vehicles, or to discuss our range of car finance options, don’t hesitate to contact us.
January 25th, 2017 by Car Finance Australia
Do you spend a lot of time in your car? If so, these 5 nifty gadgets are sure to enhance your driving experience.
This dash grip is perfect for keeping your keys, spare change and GPS devices organised. It also prevents your belongings from slipping around your dashboard and flying out the window! The specially formulated DashGrip gel is moveable between cars and leaves no residue when removed.
You can buy it here.
‘Wondergel’ Seat Cover
This seat cover uses patented gel to provide exceptional comfort and support. This cushion uses a unique pressure equalisation technology to deliver hours of amazing sitting comfort, and it is specifically designed for long duration seating. Traffic jams have never been comfier!
Buy it here.
Steering Wheel Food Tray
This portable tray (which is only to be used when your car is stationary!!) attaches to your steering wheel and can be used as a makeshift in-car dining table or desk. This little tray table is essential if you often need to eat or work from your car. You can buy the tray here, and there is also this nifty variation for the back seats.
Belkin Cassette Adaptor
Okay… there aren’t many cars with cassette players around these days, but we still reckon this gadget is pretty handy. If you drive an old banger but want modern sound, this cassette adaptor is for you. The adaptor easily connects your phone’s music to your stereo via your car’s in-dash cassette player. It provides an easy way to transfer quality sound from any portable audio device to your stereo whilst on the road.
You can buy it here.
Car Gap Protectors
Sick of dropping your phone, keys, card or other small objects down the gap next to your car seat? Then this car gap protector will come in pretty handy. These gap fillers will fit securely in any car or truck model – just think, you’ll never have to reach your hand into the abyss again!
Buy it here.
There are plenty more accessories we could list… but we’ll save them for next time. At Car Finance Australia, we provide a range of car finance services including car loans, leases and more in Brisbane, Gold Coast, Sydney, Melbourne, Adelaide, Perth and Darwin. Don’t hesitate to contact usfor more information.
January 10th, 2017 by Car Finance Australia
Lots of people make the mistake of buying a used car without first making sure that it ticks all the right boxes. Here are some tips to help you make the right decision when it comes to your purchase – because we don’t want you to get ripped off.
Set a Budget + Assess your needs
Your first step is to set yourself a realistic and manageable budget based on your earnings. Don’t forget to consider ongoing costs like fuel, maintenance, insurance and interest on the finance if you are taking out a loan. Once you have set yourself a budget, you need to ascertain what you want most out of your vehicle – safety features? Great fuel economy? A comfortable interior? Helpful driver assistance? Make a list of all the qualities you would like your car to have, and use these to guide your research.
Do the Research
Now that you have set yourself a budget and figured out what you want in your car, you need to research what’s out there. When searching, make sure to look up the fuel consumption and emissions rating of prospective cars. The Green Vehicle Guide can help you with this.
Once you find a vehicle that you like, research it to death – don’t stop until you know all of its weak points, typical repair and costs intervals and price points.
Note – Beware of cars that seem ridiculously cheap! If it seems too good to be true, it probably is.
Contact the seller
Once you’ve found a car that sounds like it meets your needs, it’s time to contact the seller. Before you do this, write up a list of questions that you need to ask the seller, including (but definitely not limited to):
- How long have they owned the car?
- Why are they selling it?
- Has the car ever been damaged? Are there any issues with the car that aren’t shown in photos or listed in the description?
- Has it passed a roadworthy inspection?
- How detailed is the car’s service history and does the seller have it on hand?
- Is it registered? If so, when does the registration run out?
Arrange an inspection
If you are purchasing the car from a private seller, arrange to see the car at their home address. If the vendor isn’t willing to show you the car at their home, it could indicate that they aren’t being truthful about legally owning the vehicle.
Check the car’s history
Regardless of how great the car seems or how nice the seller appears, you need to check that the vehicle isn’t stolen or tied to an outstanding loan. All you need to perform this check is the car’s Vehicle Identification Number (VIN), which you enter into your State Government’s Vehicle Information Check.
Here are the links to the Australian car check databases:
Inspect the car
Never purchase a car without first seeing it in the flesh! Here are some tips for your personal inspection:
- Inspect the car in daylight. Never inspect in the rain or at night as this can be a seller’s opportunity to conceal dents, rust, marks, scratches and other unwanted defects.
- Check underneath the body, bonnet and carpet for rust and any signs that the car might have been repaired after a crash (like evidence of welding, paint overspray or gaps between the car’s body panels).
- Under the bonnet – check for oil leaks. Use the dipstick to check the amount of oil. If the level is low, it can indicate that the owner hasn’t taken care of the car.
- Look around the oil filter cap – if you see a white mayonnaise-like substance, this can be an indication of a leaking head gasket, which can be very pricey to fix.
- Check the tires – make sure that there is plenty of tread and that they are wearing evenly.
- Make sure that the seat belts, seats, switches, windows and other features are working as they should be.
- If possible, start the car when the engine is cold – a lagging start or smoke indicate engine wear issues. If the seller has warmed the car up when you arrive, they might be hiding something.
- Check the number of kilometres the car has done. An average car will wrack up about 20,000kms per year. If the car appears to have done significantly more than this per year, consider asking for a discounted price.
*Make sure to take notes of any irregularities that you notice.
Once you’ve checked the car over, you need to take it for a test drive.
Tips for you test drive:
- Drive with the radio off so you can listen out for irregular engine noises.
- If possible, take the car onto the highway and over a range of different surfaces.
- Take the car up steep hills and check the handbrake.
- If the car is manual, check the gears and make sure that the clutch doesn’t slip and that it actuates smoothly.
*Again, take notes of any irregularities that you notice!
Take it to your mechanic
Even if you are happy with the car and haven’t noticed any signs of damage, have your mechanic perform a check so that you can be 100% sure. If you ended up making notes during the inspection or test drive, bring these to show them.
When you are finalising the deal, don’t forget that there is always room to negotiate (reasonably!).
If you noticed any faults with the car, negotiate based on how much it will cost to fix these impairments. If you did not notice any faults, suggest a reasonable figure below the asking price, and the seller will either accept, decline or suggest another price. Work through this process until you and the seller are satisfied with the amount.
And one final thing, before you drive away in your new (used) car…
Obtain all necessary paperwork!
Make sure that you have all of the car’s paperwork (original copies), including:
- Service history documents
- Receipts – when making a purchase or putting down a deposit, make sure that you get a receipt with the seller’s details on it.
For more information about buying a used car, or if you are looking to explore your lease, loan or insurance options, don’t hesitate to contact us. We provide a range of car finance services in Brisbane, Gold Coast, Sydney, Melbourne, Adelaide, Perth and Darwin.
December 2nd, 2016 by Car Finance Australia
Did you know that some of the world’s biggest car and tech companies are perfecting their fully autonomous driving technology? Yep. The future is now. Here are just 5 examples of companies who aim to unveil driverless cars in the near future:
Uber, the world’s most popular taxi app, has formed a 300 million dollar alliance with Volvo, with the aim of releasing driverless cars in the very near future. Uber’s driverless cars have already been tested on the roads and used to transport members of the US public (with 2 x company technicians in the car for safety and car monitoring). Uber hasn’t yet given a timeline for when these cars will be on the road technician-free, but the fact that these cars are already on the road indicates that it’s not too far away! You can read more about Uber’s self-driving cars here.
Google don’t have a set timeline for the release of their self-driving car, but they aim to have the technology perfected by 2020. Google’s self-driving cars have already driven over 2 million kilometres in completely autonomous mode. These cars are equipped with sensors and software that allow them to detect and avoid pedestrians, cyclists, vehicles, road work and more from a distance of two football fields (in all directions). Google’s self-driving project is now its own independent company, called ‘Waymo’. See one of their cars in action here.
Tesla Motors are also perfecting their electric driving technology. Although Tesla CEO Elon Musk originally committed to a 2018 deadline for the completion of their cars, it is unlikely that we’ll see one of their autonomous cars on the road by then. Musk points out that it’s unlikely regulators will be ready for autonomous cars to hit the roads this soon. You can read more about Tesla’s self-driving car here, and see it in action here. Tesla’s autonomous car made headlines recently, for successfully predicting and avoiding a car crash on the freeway.
Another car giant, Toyota, is also serious about having their self-driving cars ready by 2020. In November, Toyota invested $1 billion in artificial intelligence and robotics to help make this goal a reality. You can read more about Toyota’s autonomous car project here, or watch an informational video here.
And last but not least… BMW
BMW plan to release their self-driving vehicles in China by 2021. They are also committed to releasing an all-electric and fully-autonomous car by 2025. BMW showed off some of their current self-driving technology with their self-parking all-electric i3 concept. The BMW 7 series also currently comes with self-driving features like lane-keeping assistance and side collision protection. But that’s not all… BMW are also developing a self-balancing motorbike, which is intended to be so safe that it’s impossible to fall off. You can read more about BMW’s autonomous car technology here.
It seems almost every major car and tech company out there is in the race to perfect the self-driving car! You can read about the other major companies that are working on this technology here.
We hope you like being a backseat driver!
November 11th, 2016 by Car Finance Australia
Assess Your Needs
Thinking about buying a new car? The first thing you need to do is assess everything that you need in a vehicle. Don’t just think about what you need now – think about what you might need in the future. Here are some basic questions to consider:
- How many passengers will you be carrying?
- What sort of driving do you do? Highway, suburban, off-road?
- How important is fuel economy to you?
- Do you require all-wheel drive?
- Which safety features do you need?
- Manual or automatic?
- How much garage space do you have?
- Do you need a lot of cargo capacity?
Set a Budget
Once you have assessed your needs, you need to set a budget. If you are considering leasing or loaning, consider how much you can realistically afford to pay each month. If you’re not sure, ask one of our experts – we can help you find a repayment plan that suits your circumstances.
Get a Car Finance Quote
Consider Long-Term Costs
Once you have found a car that you like, consider the long-term costs. Some cars might be cheaper to own in the meantime, but actually work out to be more expensive in the long-run due to their depreciation and running costs. Before you decide on a car, consider the ongoing maintenance, insurance and fuel costs. If you’re not sure how to work this out, we can help.
Find the Right Car Finance – Lease or Loan?
Leasing and loaning both have their benefits. For more information, check out our previous blog post Should You Lease or Loan.
- You can drive a more expensive car for less money.
- You can drive a new car, with the latest technology, every few years.
- Lower monthly repayments.
- Low down payments.
- Less overall commitment.
- More flexibility in terms of your car use.
- You will end up owning the car.
- You can modify the car to your tastes.
- There are no mileage penalties if you drive a lot.
- In the long run, your car expenses will be lower.
Before you decide on a car, you need to test drive it. The car might look ideal from the outside, but once you get into the driver’s seat, your perspective might change. In fact, you should test drive a few cars so that you can compare them and make a well-informed decision.
Tips for your test drive:
- Drive the car like you would in your everyday life (as long as it’s safe!) – try out suburban streets, speed bumps, corners, hills and freeways.
- Test getting in and out of the car, from the front and back seats.
- Check the boot space.
- If you plan to install a child seat, bring it along and test how it fits.
- Once you have tested the car music system/speakers, turn them off so that you can listen to the engine.
As you are driving, think about whether you can live with this car for the years to come. Take your time to look everything over thoroughly – never rush a purchasing decision. After test driving a few cars, make sure you sleep on your decision.
Chat to Our Staff
Our consultants have decades of experience. We genuinely want to help you find a car and a repayment plan that suits your lifestyle. To see what our past customers think of our services, check out our range of Facebook testimonials (we have never received a review under 5 stars!).
Don’t hesitate to contact us for more information.
October 24th, 2016 by Car Finance Australia
1) A car is a depreciating asset
A car is a depreciating asset – the moment you drive away in a new car, it immediately starts to lose its value. When you lease a car, you don’t need to worry about the future depreciation of the vehicle or the subsequent maintenance issues that will result. You get the benefits of a new car without the stress or commitment of owning it in the long term.
2) Easier, faster and cheaper process
One of the greatest benefits of car leasing is that the process is much cheaper than buying a car outright or taking out a car loan – you are paying for your usage of the car rather than the car itself. Car leasing means that you can drive your dream car without having to pay the costs and fees associated with car ownership. The whole car leasing process is also faster and generally easier than taking out a car loan, because there is less overall commitment required on your part. Car leases are great for people who aren’t tied to a particular place or job, or for those who like to go with the flow – if your life tends to chop and change, a car lease is a flexible way for you to have a vehicle.
3) You’ll never get bored
If you care about cars, it’s quite likely that you want to stay up to date with the latest car models and technologies. A car lease will allow you to do this. As we’re sure you know, cars are frequently being upgraded with more options, better fuel efficiency, greater design and new technologies – if you don’t want to miss out on these developments, a car lease is the way to go. Rather than purchasing a car for the long-term, you will always have the opportunity to upgrade to the latest model.
4) More opportunity to get the car you want
With the money you are saving on cheaper monthly repayments, tax deductions and lower down payments, you can likely afford to spend a little bit more on driving the car you really want to drive. In other words, leasing allows you to ‘afford’ a car that you wouldn’t otherwise be able to.
Despite the flexibility, opportunity for upgrades and minimal commitment that comes with car leasing, it isn’t for everyone. For more information about whether you should lease or loan, check out this blog post or contact us.
Get a Car Lease Quote
September 30th, 2016 by Car Finance Australia
There are so many car finance options out there that it can be difficult to decide on the best option to suit your situation. A common question we receive from our clients is whether they should lease or loan a car. We thought we’d make this decision a little easier by going through the differences and advantages of each option.
When you take out a loan for a car, you make payments that allow you to own the car at the end of the repayment period. When you lease a car, however, you are simply paying for the use of the car and not for the car itself. So, once the lease term is over, you hand the car back. In most cases, it is possible to make a residual payment and purchase the car at the end of the lease period if you so desire.
Which option is best for you?
There is no set answer, but it’s important that you understand the advantages of each option before you make a decision. In our experience, most clients who are purchasing a vehicle for personal use decide to take out a loan (and therefore eventually own) a vehicle, because it gives them more freedom in terms of their vehicle use, ownership and customisation. Most businesses, however, choose to lease a car, because it provides them with flexibility, opportunity for upgrades and less overall commitment to a particular vehicle.
Loaning a car
- You have total freedom of choice when it comes to the vehicle you choose and you have more freedom when it comes to your use and personalisation of the vehicle.
- Car loans make it easy to buy. You make a set number of monthly repayments, and at the end of the loan term (usually 3-5 years) you will own the vehicle outright.
- You have more repayment options (residual payments, fixed or variable rates, a wide range of available contract lengths, etc.).
- The loan is secured against the vehicle, which reduces the interest rate and your out-of-pocket costs.
- You get to own a car without delving too far into your savings.
We’re committed to helping you find the right car and the right loan, and we have some of the most competitive repayment rates on the market. Get A Quote
Leasing a car
Leasing cars is popular amongst businesses because they provide employees with cars without the business having to make a substantial investment in a vehicle, which is a depreciating asset. With all the benefits of short-term ownership but without the high cost, a car lease is one of the most flexible car finance options available. Other pros of car leases include:
- Less cash is required upfront than if you were to buy and there are lower monthly repayments.
- A single consolidated payment per month (which includes a maintenance package) can be beneficial in terms of managing cash flow.
- The amount payable is predetermined, so you won’t be caught out with unexpected bills and will be able to manage your finances easily.
- There are potential tax benefits (for businesses).
- You are not committed to permanently owning the vehicle.
- You may have the option of buying the vehicle after the lease term is over by making a lump sum payment known as a residual.
- You have the opportunity to upgrade the vehicle and stay up to date with the latest car technologies.
- No GST. You’re leasing, not buying, so you won’t need to deal with the extra payments that come with the purchase of a vehicle.
- Flexibility – the length of the loan can vary.
There is no right or wrong answer and no overall ‘better’ option. It all comes down to which option suits your particular situation the best. Do you want to permanently own a car? Or do you just want the use of a car for the meantime? When it comes to which car finance options you should choose, make sure that you consult an accountant, a financial advisor, or one of our experienced, honest and friendly consultants before making your decision.
September 21st, 2016 by Car Finance Australia
4 Tips for Choosing the Right Company Car
Before you start hunting for a business car loan, you need to have a solid idea of the sort of business vehicle you are looking for. When it comes to major purchases (like a company car) it is important that your decisions are based on strategy, logic and thought, not on impulses. Company cars should be wise purchases that contribute to the bottom line of your business.
So, here are 4 tips to help you get the most out of your business car loan by choosing the right car for your business.
Choose a Fuel Efficient Car
This one is pretty self explanatory… if you plan to travel a lot in your business car, make sure that you save money (and the environment) by choosing a car that is fuel efficient. The Australian Government’s Green Vehicle Guide is a great place to start – it allows you to compare the environmental performance and fuel efficiency of up to 3 cars at once.
If you’re really serious about fuel efficiency or environmental sustainability, you could even consider an electric or hybrid car.
Choose a Car That is Safe
This seems obvious… but you’d be surprised how many people opt for stylish design or wow factor over the most important feature of any vehicle – safety.
If you’re going to be driving your business car every day, it needs to be safe. Before deciding on a car, check out the Australian-Government sponsored website How Safe Is Your Car, which will help you to Find the safest car possible. Cars have great safety standards these days, so it won’t be difficult to find a car that is both safe and stylish.
Choose a Car That Suits Your Business
Your business car needs to appear professional and suit the concept and aesthetic of your business. The car that you drive when you are on business is a physical representation of your company – so make sure that it reflects your brand in a positive light. One of the most important things to consider when choosing a business car is what you will be using the vehicle for…
Is it a general vehicle for you and your employees to get around in?
Something small and fuel efficient ought to do the trick.
Is it a delivery vehicle?
A van might be the best option.
Do you take the car on client visits?
The car will likely be the first thing the client sees, so make sure it represents your brand and emphasises your success.
Will it just be you driving the vehicle?
Think about the functions that will make you feel like your time in the car is as efficient and comfortable as possible.
Don’t choose your company car on a whim – instead, see this decision as an opportunity for strategically improving your business’s effectiveness.
Choose a Car with Functions that Will Make Your Life Easier
Think in depth about what you need from your company car: lots of boot space for storing equipment? 5 seats for car pooling? A small exterior for squeezing into small car parks? Voice command that enables you to make phone calls and perform certain tasks while driving? Memory foam seats for ultimate long-trip comfort? Once you have figured out your criteria, choose the vehicle that ticks the most boxes.
A great business car is one that maximises, rather than incapacitates, the efficiency of your business and its staff. Choosing the best company car for your business isn’t easy. Luckily, we’re here to help. Simply contact us for expert advice on business car loans and for more information about finding the perfect vehicle for your business.
Is Your Bad Credit History Stopping You From Obtaining Car Finance in Brisbane?
Whoever you are and whatever your situation, we can help
Do you have a ‘bad’ credit car loan history? Have you been refused loans in the past because of it? If so, we’re here to help. At Car Finance Australia, we will do whatever we can to help you improve your credit history, open up your access to future loan services and overall give you the fair chance that you deserve. If you’re looking for the best car finance in the Brisbane market, you’ve found it.
What Is Bad Credit History?
In Australia, your credit file doesn’t actually state whether your credit history is ‘good’ or ‘bad’ – instead, it simply records all of your credit history into a ‘credit report’ (which is then reviewed by any potential lenders). Your credit report contains information like the following:
- Previous applications for credit you have made
- The number of credit enquiries you have made in the last five years
- The types of credit you have applied for
- Your debt repayment history
- The names of lenders who have provided you with credit
People with credit reports that contain evidence of unpaid debt and late repayments can find it very difficult to secure loans. We hate to think of our customers being defined by their credit past, so we look at the future – Whether you are just beginning to establish financial standing, or have had difficulties with your credit rating in the past, we will work with you to make sure that you get a second chance.
At Car Finance Australia, we take the stress and confusion out of finding the right car finance to suit your personal or business needs. We have competitive rates, low monthly fees , in some cases no termination charges, and all of our car finance processes are easy, flexible and affordable.
Thanks to our range of car loan options, we can meet the needs of a wide range of customers, regardless of their financial situations. The lenders we partner with understand that our customers need flexibility and they are happy to help by providing affordable loans that are tailored to meet the individual needs of each and every customer.
How Can We Help You?
We provide a range of services including:
We also provide a number of insurance services.
Interested in one of our car finance solutions? Get a free quote.
Whoever you are and whatever you’re looking for, we will try our best to meet your car finance needs. Bad credit car loan history be danged.
Don’t hesitate to contact us for more information about our car finance services in Brisbane and Australia-wide.