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Car Loans Articles

Relevant Car Loans articles and tips

Mark Bristow

Personal Finance Editor

Can a car be used as collateral for a loan?

It is possible to use a car as collateral to secure a loan, which could let you enjoy a cheaper interest rate. But there are also risks to consider before you apply.

Car Loans

17 Feb, 2025

5 min read

Can a car be used as collateral for a loan?
Mark Bristow

Personal Finance Editor

The advantages and disadvantages of a chattel mortgage

A chattel mortgage is one of the financing options available when you’re buying a car for business use. Understanding the pros and cons will help you make an informed decision.

Car Loans

14 Feb, 2025

6 min read

The advantages and disadvantages of a chattel mortgage
Mark Bristow

Personal Finance Editor

Will my car loan affect my mortgage application?

A car loan may positively or negatively affect your mortgage application, depending on your credit score and debt to income ratio.

Car Loans

14 Feb, 2025

8 min read

Will my car loan affect my mortgage application?
Mark Bristow

Personal Finance Editor

Can you get a car loan with a new job?

It is possible to get a car loan if you’ve just started a new job, though you may need to take some extra steps.

Car Loans

24 Jan, 2025

7 min read

Can you get a car loan with a new job?
Mark Bristow

Personal Finance Editor

How to choose a right term for your car loan

The length of your car loan’s term will affect its cost, both in month-to-month repayments and the total interest you’ll be charged on your vehicle.

Car Loans

22 Jan, 2025

4 min read

How to choose a right term for your car loan
Mark Bristow

Personal Finance Editor

How to get a car loan and increase your chances of being approved

Applying for a car loan can sometimes be more overwhelming than buying the car itself, with all the research and paperwork involved. And even once you’re ready to apply for a car loan, there’s no guarantee that your application for car finance will be approved.

Car Loans

15 Jan, 2025

9 min read

How to get a car loan and increase your chances of being approved
Vidhu Bajaj

Personal Finance Writer

What are the additional charges you need to pay when buying a car?

If you're planning to buy a new car, ensure you leave some extra room in your budget to pay for the hidden costs you may not be aware of.

Car Loans

15 Jan, 2025

8 min read

What are the additional charges you need to pay when buying a car?
Mark Bristow

Personal Finance Editor

What happens if you trade in a financed car?

Trading in a financed car is possible, but you may need the car loan lender’s permission before taking any action.

Car Loans

08 Jan, 2025

6 min read

What happens if you trade in a financed car?
Mark Bristow

Personal Finance Editor

Can I increase my home loan to buy a car?

If the time has come to upgrade to a new set of wheels, but your savings won’t quite cover the purchase cost, you might be weighing up your financing options.

Car Loans

08 Jan, 2025

5 min read

Can I increase my home loan to buy a car?
Mark Bristow

Personal Finance Editor

How to increase the resale value of your car

While cars typically depreciate over time, there are steps you can take to maximise your car’s resale value.

Car Loans

16 Dec, 2024

5 min read

How to increase the resale value of your car
Mark Bristow

Personal Finance Editor

What's the most tax effective way to buy a car?

Buying a car can be a major financial commitment, so it makes sense to check how this purchase could influence the tax you pay.

Car Loans

11 Dec, 2024

5 min read

What's the most tax effective way to buy a car?
Mark Bristow

Personal Finance Editor

Personal loan vs car loan: which option is suitable for you?

Car loan vs personal loan: Explore the differences, benefits, and limitations to help you decide on a suitable option for financing your car.

Car Loans

25 Nov, 2024

6 min read

Personal loan vs car loan: which option is suitable for you?