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Things You Wish You Knew Before Buying a Car

What should I know before purchasing a car?

Things You Wish You Knew Before Buying a Car

The information on this website is general in nature and does not take into account your objectives, financial situation, or needs. Consider seeking personal advice from a licensed adviser before acting on any information.

Welcome to Things You Wish You Knew Before Buying a Car - the ultimate guide to understanding car financing.

For a limited time, you can download a free copy of this valuable resource. Our retail price for the eBook is AUD $19.95, but we're offering it to you for free - no strings attached!

Whether you're a first-time car buyer or an experienced shopper, this book is an essential resource for getting the best loan for your needs.

Inside this book, you'll discover tips for improving your credit, finding the best financing options, and negotiating for better loan terms. With a clear understanding of the factors that impact your ability to qualify for a car loan and how much you can afford to borrow, you'll be able to make an informed and confident car financing decision.

Published: Wednesday, 22nd Feb 2023
Author: Paige Estritori


Car Loans Articles

Loans for Cars: Finding out if you Qualify
Loans for Cars: Finding out if you Qualify
Qualifying for a car loan isn't all that difficult. There are a few key things that lenders will look at when considering your application, including your income, credit history/existing loans, employment, age, and residency atatus. As long as you have a good understanding of these factors, you’ll be in a much better position to qualify for a car loan. Keep reading to learn everything you need to know about qualifying for a car loan! - read more
Common Car Loan Pitfalls and How to Steer Clear of Them
Common Car Loan Pitfalls and How to Steer Clear of Them
Buying a car is a significant financial decision, and for many Australians, this means taking out a car loan. - read more
Loans for Cars: Understanding the Impact of Your Credit History
Loans for Cars: Understanding the Impact of Your Credit History
If you're in the market for a new car, you may be wondering if you can get a loan with poor credit. The answer is yes, but it's important to understand the impact that your credit history can have on the loan process. - read more
Insurance Renewal Approaching? Tips to Ensure You're Still Getting the Best Rate!
Insurance Renewal Approaching? Tips to Ensure You're Still Getting the Best Rate!
Is it that time of the year again when your car insurance is up for renewal? Often, it comes as a reminder in the mail or a notification from your insurer. But instead of instinctively renewing your existing policy, let's pause and explore the underrated benefits of a periodic insurance review. Taking the time to scrutinize your policy could unveil potential savings and align coverage with your current needs. - read more
Five Common Mistakes First-Time Car Buyers Make and How to Avoid Them
Five Common Mistakes First-Time Car Buyers Make and How to Avoid Them
Buying your first car is an exciting milestone that can offer a sense of independence and freedom. Whether you're envisioning weekend getaways or a smoother daily commute, the joy of car ownership holds a special thrill. However, alongside this excitement, it is crucial to approach this journey with awareness and preparation to ensure you make a smart financial decision. - read more
Understanding Specialist Lenders: The Secret to Better Car Loan Terms
Understanding Specialist Lenders: The Secret to Better Car Loan Terms
Specialist lenders are financial institutions that offer tailored loan products to meet the unique needs of borrowers who may not be well-served by traditional banks. These lenders often have more flexible lending criteria and can accommodate a broader range of financial situations. - read more
Loans for Cars: Getting an Even Better Deal
Loans for Cars: Getting an Even Better Deal
If you're in the market for a new car, you're probably wondering what you need to do to get the best car loan. It's no secret that the car dealership will try to sell you a loan, but you don't have to take their offer! In fact, you can get a much better loan if you know what you're doing. - read more

Finance News

Australia's EV Financing Hits $7.37 Billion in 2025
Australia's EV Financing Hits $7.37 Billion in 2025
18 Apr 2026: Paige Estritori
In 2025, Australia's electric and hybrid vehicle financing reached a remarkable $7.37 billion, marking a 20% increase from the previous year. This surge reflects the growing consumer shift towards cleaner transportation options. However, the potential removal of the Fringe Benefits Tax (FBT) exemption, known as the Electric Car Discount, threatens to stall this momentum. Recent polling indicates that over one-third of Australians would be less inclined to purchase an electric vehicle if this exemption were withdrawn. - read more
Record EV Sales in Australia as Fuel Prices Soar
Record EV Sales in Australia as Fuel Prices Soar
18 Apr 2026: Paige Estritori
In March 2026, electric vehicles (EVs) achieved a record 17.9% market share in Australia, nearly one in five new cars sold being electric. This significant uptick is largely attributed to escalating fuel prices and growing concerns over fuel security. The ongoing conflict in the Middle East has disrupted fuel supplies, leading to higher petrol costs and prompting consumers to consider more sustainable and cost-effective alternatives. - read more
New Government Initiative Offers Discounted Financing for Volkswagen Group EVs
New Government Initiative Offers Discounted Financing for Volkswagen Group EVs
18 Apr 2026: Paige Estritori
The Australian government's Clean Energy Finance Corporation (CEFC) has announced a partnership with Volkswagen Group to offer discounted financing for electric vehicles (EVs). This initiative provides up to a 1% reduction in standard loan rates for eligible EVs priced below the Luxury Car Tax threshold of $91,387. The program encompasses brands such as Audi, Skoda, Cupra, and Volkswagen, aiming to make EV ownership more accessible to a broader range of consumers. - read more
China Overtakes Japan as Australia's Top Vehicle Import Source
China Overtakes Japan as Australia's Top Vehicle Import Source
10 Apr 2026: Paige Estritori
February 2026 witnessed a significant shift in Australia's automotive import landscape, with China surpassing Japan as the largest source of new vehicles. This marks the first time in 28 years that Japan has been dethroned from the top spot. - read more
Rising Fuel Prices Accelerate Australia's Shift to Electric Vehicles
Rising Fuel Prices Accelerate Australia's Shift to Electric Vehicles
10 Apr 2026: Paige Estritori
As fuel prices in Australia continue to climb, reaching up to $2.50 per litre for unleaded petrol and surpassing $3 per litre for diesel, a growing number of consumers are turning to electric vehicles (EVs) as a cost-effective alternative. - read more
ASIC Calls for Improved Standards in Car Finance Lending
ASIC Calls for Improved Standards in Car Finance Lending
02 Apr 2026: Paige Estritori
The Australian Securities and Investments Commission (ASIC) has conducted a comprehensive review of the motor vehicle finance sector, uncovering significant concerns regarding lending practices. This examination has highlighted issues such as exorbitant establishment fees and a troubling rate of early loan defaults, raising questions about the adequacy of current lending standards. - read more
Australia's Car Buying Experience Transformed by Digital Finance
Australia's Car Buying Experience Transformed by Digital Finance
02 Apr 2026: Paige Estritori
Australia's automotive market is undergoing a significant transformation, driven by the rapid adoption of digital finance solutions. As consumers increasingly turn to online platforms for their financial needs, the car buying process is becoming faster, more transparent, and user-friendly. - read more

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Knowledgebase
Conventional Loan:
A type of mortgage loan that is not insured or guaranteed by the government.