Car Finance

Novated Lease vs. Car Loan: Which Should You Ch...

Novated Lease vs. Car Loan: Key Differences 📌 Novated Lease:✔ Pre-tax salary deductions = tax savings.✔ Includes maintenance & running costs.✔ No ownership unless you buy the car at lease...

Novated Lease Explained: How It Works & Who Can...

What Is a Novated Lease? ✔ A novated lease is a car finance option where your employer pays for the car using your pre-tax salary.✔ It’s a three-way agreement between...

How to Negotiate a Better Car Loan Interest Rate

Can You Negotiate Your Car Loan Interest Rate? ✔ Yes! Many lenders offer flexible rates based on your credit score & loan details. How to Negotiate a Lower Interest Rate...

How Credit Scores Impact Car Loan Interest Rates

Credit Score vs. Car Loan Interest Rates Credit Score Typical Interest Rate 750+ (Excellent) 5-6% 650-749 (Good) 7-9% 550-649 (Fair) 10-14% Below 550 (Poor) 15%+ or loan rejection 📌 Higher...

Do Car Loan Interest Rates Fluctuate?

Do Car Loan Interest Rates Change? ✔ Yes, interest rates are affected by market trends & economic conditions. 📌 Factors That Affect Car Loan Interest Rates:✔ Reserve Bank of Australia...

Can Refinancing Lower Your Car Loan Interest Rate?

How Refinancing Lowers Interest Rates ✔ When rates drop, refinancing can secure a better deal.✔ If your credit score improves, you may qualify for a lower rate. 📌 Example: Original...