Looking to drive off in a new set of wheels without selling your kidney? Car finance in Australia typically comes in three flavours: chattel mortgage, hire purchase, and personal loans. Interest rates can vary wildly from around 5% to 15% depending on your credit score and lender generosity. New cars usually cost between $20,000 to $100,000 AUD, so finance terms can stretch from a cheeky 12 months up to a soul-crushing 7 years. Used cars are kinder on the wallet but expect shorter loan terms and higher interest rates. For the best deals, check out Tradingpost and CarShowroom to compare prices, then ServiceCentral for finance options that won't leave you eating instant noodles forever.
LightingListing your ad only takes a few minutes, and most categories are free.
Post an adA weekly hand-picked round-up of the best bargains, free stuff, and trending listings. No spam, unsubscribe anytime.
Know someone looking to buy or sell something? Send them to Tradingpost, Australia's original marketplace.
