Car Loans News

Car loans on the rise as car sales boom in Australia

ABS figures show car finance loan commitments increased 4.7% in May 2021, while the FCAI reported strong results for new vehicle sales in June, with Toyota coming out on top once again.

NSW Government incentivises electric vehicle buyers and June’s top green car loans

This week’s announcement of the 2021-22 NSW Budget revealed new measures to support the take-up of electric vehicles (EVs).

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How to get the best car loan rate before you visit the dealership

As our desire for a new set of wheels grows, Aussies looking to drive away in a new or used vehicle may be wondering what they can do to nab a competitive car loan rate. Here are RateCity’s tips for improving your chances of getting your best car loan.

New vehicle sales for April reach historic level

It would appear that demand for new vehicles is continuing to grow, with last month’s new vehicle sales figures reaching the highest level on record for the month of April.

Why a new car could save you money and April's top car loans

It’s no secret that used cars are a hot commodity in the car loan market right now, which is good news for sellers but less-than ideal for buyers. Before you hop in the drivers’ seat, it may be worth exploring the pros and cons of the affordability of both used and new cars.

Rising household wealth to drive more car purchases

More Australians have been buying motor vehicles and applying for car loans than at this time last year, with more money expected to be spent on cars in the year to come.

Some of the best car loans in March 2021

Planning a road trip over Easter? Want to finally go and visit those relatives you haven’t seen in what feels like more than a year? If you’re wanting a fresh set of wheels to hit the road, you may be in the market for a car loan.

Top rated car loans for December 2020

Those who have found themselves in the market for a new car are certainly not alone, as long-anticipated positive figures are revealed by the peak automotive industry body.

Australia’s top rated car loans for November 2020

New car sales experienced a decline for the 31st month in a row, but green shoots are beginning to appear in the Australian new vehicle market.

State Governments plan electric vehicle road tax

Two major states are working on introducing a tax on electric and other zero emission vehicles to subsidise road infrastructure, but industry groups warn it might affect the uptake of the nascent ‘green’ category.

Australia's best new and used car loans in October 2020

Shoppers in the market for a new car arguably have more bargaining power today than they’ve had in years, as dealers are working hard to turn a 30 month trend of falling car sales.

Used car prices swell by almost 30 per cent during COVID-19

Used car prices have swelled by a record 30 per cent following a stock shortage, but economists are suggesting now might be the time to sell as the rollercoaster ride could turn.