RateCity.com.au
  1. Home
  2. Car Loans
  3. News

Car Loans News

The latest car loans news and tips

Tony Ibrahim

Senior Journalist

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.

Car Loans

21 Oct, 2020

4 min read

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

Senior Journalist

After 30 months of declining sales, car industry banks on relaxed lending criteria

New car sales have passed a grim milestone, but the industry is hopeful the government’s relaxing of lending criteria could help turn their fortunes.

Car Loans

08 Oct, 2020

4 min read

After 30 months of declining sales, car industry banks on relaxed lending criteria
Tony Ibrahim

Senior Journalist

Used car prices balloon by 25 per cent in a year: analysts

Used cars values jumped by 25 per cent since the beginning of the year, a new report reveals, spurred by a drop in supply, a lift in demand and the lockdowns instituted to contain COVID-19.

Car Loans

17 Sep, 2020

4 min read

Used car prices balloon by 25 per cent in a year: analysts
Georgia Brown

Personal Finance Editor

Best car loans for September 2020

Despite new car sales continuing to decline in response to COVID-19, there’s no shortage of competitive car loans available to those who are in the market.

Car Loans

08 Sep, 2020

2 min read

Best car loans for September 2020
Tony Ibrahim

Senior Journalist

Car sales tumble as select banks cut car loan rates

Australia’s love for the 4WD could not slow down the car industry’s two year sales slump, new data reveals, but more than a dozen banks have made buying a car a little easier by cutting interest rates.

Car Loans

04 Sep, 2020

4 min read

Car sales tumble as select banks cut car loan rates
Tony Ibrahim

Senior Journalist

New car sales tumble creating bargain opportunities for buyers

New car annual sales experienced a significant drop compared to a year earlier, an analysis of car sales found, shifting bargaining power away from dealers and towards buyers.

Car Loans

27 Aug, 2020

3 min read

New car sales tumble creating bargain opportunities for buyers
Tony Ibrahim

Senior Journalist

Electric car sales treble, but Australia lags without investment: EVC

Sales of electric cars trebled over the last year, but a lack of government support is preventing car makers from bringing more affordable models to Australia, a report by an industry authority claims.

Car Loans

19 Aug, 2020

4 min read

Electric car sales treble, but Australia lags without investment: EVC
Georgia Brown

Personal Finance Editor

SUVs claim over half of the market while new car sales continue to face tough conditions

New car sales continue to be impacted by “challenging and difficult conditions”, according to the latest Federal Chamber of Automotive Industries (FCAI) data.

Car Loans

10 Aug, 2020

3 min read

SUVs claim over half of the market while new car sales continue to face tough conditions
Georgia Brown

Personal Finance Editor

Three ways green car loans could save you money

Buying an eco-friendly, or ‘green’, car is not only an environmentally responsible decision, it could also potentially be a financially responsible decision in more ways than just day-to-day running costs.

Car Loans

02 Aug, 2020

3 min read

Three ways green car loans could save you money
Alison Cheung

Finance Writer

Best car loans for July 2020

EOFY car sales may have ended, but that doesn’t mean car salespeople are no longer vying for your business.

Car Loans

16 Jul, 2020

2 min read

Best car loans for July 2020
Alison Cheung

Finance Writer

New car sales activity revs up in June as bargain hunters snap up EOFY deals

Car shoppers were out and about in June, with more than 110,000 new vehicles sold in the month.

Car Loans

06 Jul, 2020

3 min read

New car sales activity revs up in June as bargain hunters snap up EOFY deals
Alison Cheung

Finance Writer

Top-rated car loans for May 2020

If you’ve been dreaming of buying a car for a long time, it's worth comparing your options with some of Australia's leading car loans for May 2020, as rated by RateCity's Real Time Ratings system.

Car Loans

22 May, 2020

3 min read

Top-rated car loans for May 2020