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Relevant Car Loans articles and tips

Alex Ritchie

Personal Finance Editor

Can I extend my car loan term?

Sometimes your original car loan is no longer financially suitable. In this case you may need to consider extending your car loan term. Let's explore the pros and cons of refinancing to extend your car loan term.

Car Loans

28 Jul, 2021

5 min read

Can I extend my car loan term?
Georgia Brown

Personal Finance Editor

What happens if my car is stolen and I have a car loan?

Having your car stolen can be an ordeal at the best of times. But what happens if it’s stolen when it’s still under finance?

Car Loans

25 Jul, 2021

3 min read

What happens if my car is stolen and I have a car loan?
Jodie Humphries

Personal Finance Editor

How do rent-to-buy cars work?

Do you want a new car, but would prefer to avoid paying upfront if you can? What if you were able to rent the vehicle and pay for it over a period of time? Find out the pros and cons of rent-to-own.

Car Loans

25 Jul, 2021

4 min read

How do rent-to-buy cars work? | RateCity
Jodie Humphries

Personal Finance Editor

How to buy a car that has a loan on it

Buying a car with an existing loan is possible, but the process needs to be handled carefully. You will need to know the status of the loan and how it’s expected to be settled before you close the deal.

Car Loans

23 Jul, 2021

3 min read

How to buy a car that has a loan on it
Jodie Humphries

Personal Finance Editor

What is a novated lease’s balloon payment?

When the term of a novated lease ends, you can choose to own the car by making a balloon payment. You can also refinance the novated lease and potentially save on taxes.

Car Loans

23 Jul, 2021

3 min read

What is a novated lease’s balloon payment?
Jodie Humphries

Personal Finance Editor

Can you use a home equity loan to buy a car?

If you’re contemplating buying a new car, it may be tempting to use your home equity to finance it. However, there are some reasons why a car loan may make more sense. Read on to learn more.

Car Loans

03 Jul, 2021

3 min read

Can you use a home equity loan to buy a car?
Jodie Humphries

Personal Finance Editor

Chattel mortgage vs hire purchase: how do they compare?

Choosing between a chattel mortgage or hire purchase arrangement requires deciding whether to buy a car for business purposes or simply leasing it for a fixed term.

Car Loans

28 Jun, 2021

3 min read

Chattel mortgage vs hire purchase: how do they compare?
Alex Ritchie

Personal Finance Editor

What is the maximum car loan term

In the market for a new car loan? Depending on your budget and personal financial circumstances, you may be wondering what the maximum car loan term is that you can apply for.

Car Loans

21 Jun, 2021

4 min read

What is the maximum car loan term
Georgia Brown

Personal Finance Editor

Can I sell my car before I pay off my loan?

Generally speaking, a car loan is a long-term commitment that can last up to five years – and sometimes more. So, what happens if you find yourself needing to sell your car before you’ve paid it off?

Car Loans

17 Jun, 2021

5 min read

Can I sell my car before I pay off my loan?
Jodie Humphries

Personal Finance Editor

How to sell your car

Whether upgrading or changing to a new set of wheels, how should you prepare for the sale of a car, and should you sell your car to a dealer? 

Car Loans

14 Jun, 2021

4 min read

How to sell your car
Alex Ritchie

Personal Finance Editor

Can I use a car loan to buy a car privately?

In Australia, you can use a car loan to purchase a new or used vehicle from a dealer or a private seller. However, it can be a slightly more involved process when buying a vehicle from a private seller.

Car Loans

09 Jun, 2021

3 min read

Can I use a car loan to buy a car privately?
Alex Ritchie

Personal Finance Editor

Four ways to pay off your car loan faster

Is your car loan weighing down your finances and preventing you from fully enjoying your new wheels? There are several ways you may be able to take back control and pay off your car loan faster.

Car Loans

08 Jun, 2021

4 min read

Four ways to pay off your car loan faster