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Top 5 test drive tips before you buy a used car

Buying a used car comes with advantages and disadvantages, but if you have decided to put money down for one, you have to make sure you are getting your money’s worth. The obvious disadvantage in a used car is that it might have suffered damage, some of which may not even be obvious at first glance. While it is important to test drive any car you are thinking of purchasing, new or old, it is especially important for used cars, because of the risk of damage.

Why 0% financing doesn’t work out as well as it seems

Let’s say you’re interested in purchasing a car, and you come across 0% financing, which sounds like a bargain. Lots of companies are advertising it, and it seems really good. What’s not to love about it, right? But things are never as they seem, so you should know that there’s a catch. 0% financing looks great at first glance, but when you dig deeper, you will discover that it doesn’t work out as well as it seems.

Types of Car Finance

Say you’re thinking about purchasing a new vehicle, but you’re not exactly flush with cash, so you need to figure out some type of financing. What are the financing options available for a person wishing to buy a car in Australia? Let’s see.

Reasons You Should Buy a Convertible

There is an irreplaceable thrill that you get when driving a convertible, mainly because of the multiple turning heads as you drive along the street. So, it’s safe to say that convertibles attract plenty of people. And it’s no surprise to that, is it? There’s something greatly unique about driving a convertible, because, let’s face it, nothing compares to an open-air driving experience. Now, if you have been back and forth about purchasing a convertible yourself, here are the main reasons you should no longer postpone it! 

Chattel Mortgage vs Lease

If you’re in business and you want to save money on interest and tax, there are many options available to you. One is buying outright and the other is leasing. If you are looking to start up your business or update your current car (or fleet of cars) a lease might look tempting. But what are the real costs and dangers of leasing? We break them down in this blog post.

What are the Chattel Mortgage Interest Rates?

Chattel mortgage interest rates are generally lower than that of consumer car loans. At Savvy, our chattel mortgage interest rates start from 5.51%p.a. (with a 6.43%p.a. comparison rate.) The interest rates on chattel mortgages can vary. This guide tells you all you need to know about chattel mortgage interest rates and the different terms you may see when researching chattel mortgages and business car loans.

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