Buyer Guide

What is the most expensive Hyundai?

What is the cheapest Hyundai?

What is the most expensive Audi?

What is the cheapest Audi?

April is the slowest month of the year for new car sales because half of it is taken up by school leave and public holidays.

Bad credit car finance is a great option for getting the car you need and repairing your credit.

In fact, there’s several. If you’re an ABN holder, a consumer loan – the most common type – might not be the best way forward for you and your business.If you’re buying a car for more than 50% business use, a loan product known as a chattel mortgage may be more beneficial than a standard consumer loan.A chattel mortgage comprises two parts – the chattel and the mortgage. Chattel is also called a “security"; what the loan value is tied to. In this situation, your purchase car is the “chattel.” The mortgage is the loan itself. The sum of money plus interest owed to your lender.As a business owner you can claim depreciation and interest charges on your BASChattel mortgages have the interests of businesspeople because they can claim any GST paid on the car on their next Business Activity Statement (BAS). As a business owner you can also claim depreciation and interest charges on your BAS and in some cases, the full input tax credit.Since a chattel mortgage is a type of secured loan, chattel mortgage interest rates are generally lower compared to unsecured consumer loans.Businesses can tailor their chattel mortgages for individual needs. For example, if you need to secure cash flow, you can opt for 100% finance plus extras such as insurance so your initial outlay is nil. You can also put a deposit down or trade-in your old vehicle.You can also structure the loan with a residual or “balloon” payment at the end of the loan. You can set the term of the loan from 12 to 60 months or even longer (in select cases). Unlike consumer loans, chattel mortgages do not fall under the regulatory framework of the National Consumer Credit Protection Act (NCCPA). The NCCPA compels licenced credit providers to conduct strict credit checks and attend to other consumer safeguards when considering loan approvals.They must also provide fee, charge and other loan information up front. It’s bad business practice to withhold information from potential customers. However, we urge you to note chattel mortgages exemption from the regulation.Article credit: Savvy

Purchase price is only half the battle in ownership — these are the champions come trade-in time. Buying the right new car can save you thousands of dollars. With depreciation tearing the largest chunk out of any motoring budget, easily beating the costs of fuel or servicing or insurance, it pays to go with a

Spend a nest egg wisely or grow old disgracefully ... try these for motoring into the sunset.

Complaints are on the rise about the harsh ride and tyre noise in cars.