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Relevant Car Loans articles and tips

Jodie Humphries

Personal Finance Editor

How to buy a car that has a loan on it

Buying a car with an existing loan is possible, but the process needs to be handled carefully. You will need to know the status of the loan and how it’s expected to be settled before you close the deal.

Car Loans

23 Jul, 2021

3 min read

How to buy a car that has a loan on it
Jodie Humphries

Personal Finance Editor

What is a novated lease’s balloon payment?

When the term of a novated lease ends, you can choose to own the car by making a balloon payment. You can also refinance the novated lease and potentially save on taxes.

Car Loans

23 Jul, 2021

3 min read

What is a novated lease’s balloon payment?
Jodie Humphries

Personal Finance Editor

Can you use a home equity loan to buy a car?

If you’re contemplating buying a new car, it may be tempting to use your home equity to finance it. However, there are some reasons why a car loan may make more sense. Read on to learn more.

Car Loans

03 Jul, 2021

3 min read

Can you use a home equity loan to buy a car?
Jodie Humphries

Personal Finance Editor

Chattel mortgage vs hire purchase: how do they compare?

Choosing between a chattel mortgage or hire purchase arrangement requires deciding whether to buy a car for business purposes or simply leasing it for a fixed term.

Car Loans

28 Jun, 2021

3 min read

Chattel mortgage vs hire purchase: how do they compare?
Alex Ritchie

Personal Finance Editor

What is the maximum car loan term

In the market for a new car loan? Depending on your budget and personal financial circumstances, you may be wondering what the maximum car loan term is that you can apply for.

Car Loans

21 Jun, 2021

4 min read

What is the maximum car loan term
Georgia Brown

Personal Finance Editor

Can I sell my car before I pay off my loan?

Generally speaking, a car loan is a long-term commitment that can last up to five years – and sometimes more. So, what happens if you find yourself needing to sell your car before you’ve paid it off?

Car Loans

17 Jun, 2021

5 min read

Can I sell my car before I pay off my loan?
Jodie Humphries

Personal Finance Editor

How to sell your car

Whether upgrading or changing to a new set of wheels, how should you prepare for the sale of a car, and should you sell your car to a dealer? 

Car Loans

14 Jun, 2021

4 min read

How to sell your car
Alex Ritchie

Personal Finance Editor

What happens to my car loan if my car is written off?

It’s every driver’s worst nightmare; getting into an accident or facing damages so severe your car is written off. But if you’re still making repayments on a car loan, what happens to your loan if the vehicle is a write off?

Car Loans

10 Jun, 2021

3 min read

What happens to my car loan if my car is written off?
Alex Ritchie

Personal Finance Editor

Can I use a car loan to buy a car privately?

In Australia, you can use a car loan to purchase a new or used vehicle from a dealer or a private seller. However, it can be a slightly more involved process when buying a vehicle from a private seller.

Car Loans

09 Jun, 2021

3 min read

Can I use a car loan to buy a car privately?
Alex Ritchie

Personal Finance Editor

Four ways to pay off your car loan faster

Is your car loan weighing down your finances and preventing you from fully enjoying your new wheels? There are several ways you may be able to take back control and pay off your car loan faster.

Car Loans

08 Jun, 2021

4 min read

Four ways to pay off your car loan faster
Georgia Brown

Personal Finance Editor

Should I choose a petrol, hybrid, or electric engine for my new car?

Buying a new car is a big commitment, particularly if you plan to hold onto it for the next five to ten years. So, does it still make sense to buy a car with a petrol engine?

Car Loans

27 May, 2021

5 min read

Should I choose a petrol, hybrid, or electric engine for my new car?
Georgia Brown

Personal Finance Editor

Can I get a car loan if I am self-employed?

Self-employed individuals often don’t earn a standard wage like a permanent employee would. So, what does this mean when it comes to getting approved for a car loan?

Car Loans

25 May, 2021

3 min read

Can I get a car loan if I am self-employed?

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