Motor Finance Wizard will pay more than $11 million to address concerns about its lending practices.
Aussies are buying more new cars, with four wheel drives and similar vehicles leading the pack, according to new figures from the Australian Bureau of Statistics (ABS).
Despite rising fuel costs, new research shows that car running costs have fallen over the past 12 months.
Most cars are depreciating assets, losing 14 percent per year on average in the first three years, then up to 8 percent after that, says consumer watchdog Choice.
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