powering smart financial decisions

How to prevent vehicle repossession in Australia

If you take out a car loan and find it difficult to repay, you may face the threat of having the car repossessed by the lender. Find out how you can prevent this or get your repossessed car back.

Can I transfer my car loan to someone else?

While you probably didn’t anticipate having to sell your car before the end of your loan term, plenty can change over the course of a few years. This might lead you to wonder whether you can transfer your car loan to another person.

Hatchback vs sedan: Which should I choose?

If you’re in the market for a car and can’t decide what type of vehicle will suit you, it’s a good idea to compare the pros and cons of a hatchback vs a sedan.

Can I extend my car loan term?

Sometimes your original car loan is no longer financially suitable. In this case you may need to consider extending your car loan term. Let's explore the pros and cons of refinancing to extend your car loan term.

What happens if my car is stolen and I have a car loan?

Having your car stolen can be an ordeal at the best of times. But what happens if it’s stolen when it’s still under finance?

How do rent-to-buy cars work?

Do you want a new car, but would prefer to avoid paying upfront if you can? What if you were able to rent the vehicle and pay for it over a period of time? Find out the pros and cons of rent-to-own.

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.

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.

How to choose between fixed and variable rate car loans

Before you buy a new set of wheels, it helps to explore your financing options and choose the right type of car loan to get the maximum value out of the deal. Unfortunately, there's no formula to decide which car loan is the best for you, but learning more about the available options can help you make an informed choice. 

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.