Posts in Finance
Should I buy gap insurance for my car loan?

I took a loan offered from dealer, but they kept pushing me towards the taking gap shortfall insurance. I did not take it. My thoughts were that I did not want to spend another $800 on top of the loan (plus interest on it for five years) just to make sure that if my car gets written off, the shortfall is paid to the lender. I believe that if I get a comprehensive insurance policy then that should cover it off in the event my car is written off?

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What's the Best Car for a Long-distance Commute?

I now travel from Brisbane to Gold Coast for work and the second car is getting tired. I am wanting to replace with a comfortable highway cruiser but would also love some sporting performance for a bit of fun. I have looked at everything from older, big, luxury German cars to new hot hatches and plenty in between but am confusing myself such that I can't decide. 

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Abolish The Luxury Car Tax

If Luxury Car Tax hit only the richest one per cent, we’d all be okay with that. But it doesn’t. Plenty of ordinary car buyers find themselves kicking the Luxury Car Tax tin. You could easily pay it, next time around. Cars are the only consumer item in Australia, with a levy imposed on their alleged luxury. Luxury Car Tax is out of step, and extortionate. This is what happens when too much fluoride leaches into the water in Parliament House...

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New Car Buyer 2014 Finance Forecast

2014 opens with a perfect storm for car buyers - with low interest rates on car loans and low prices on new cars. But what will happen later on in the year? Interest rate rises? Price rises? John Cadogan takes a look at the major economic forces driving the new car market, the car loans market, and the Australian economy. Find out why now is the perfect time to purchase a new car.

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