Posted 6th October, 2014 in Car News
To prevent leaving unhappy after paying too much at the car dealership — take note of these common mistakes to avoid when researching and buying your next car.
Car buying and car loan tips
Buying add-ons that you don’t need
Make sure you research and get to know the features that you want for your car. Knowing what you want will ensure you don’t buy add-ons that you could live without.
Not comparing car makes and models
Try to be open-minded about different models and brands of cars that could suit your business or lifestyle. The more options you consider, the more likely you are to find a car that meets all your requirements, for a better deal.
Settling for what’s in stock at the dealership
It’s easy to get caught up in the excitement, and people tend to become a little impatient when buying a new car.
Did you know that only a small percentage of people wait to have their car ordered through a dealer? That accounts for the majority of people who just settle for what they see at the dealership, even if they are settling for something they don’t really want.
Buying a car is a big deal, so why not wait a few weeks for what you really want in your car, even if it is just a different colour? Patience is a virtue!
Not test driving the car
This is one of the most important steps when picking a new car.
You could discover that the seats are uncomfortable, the car doesn’t drive smoothly or that you can barely move the gears. It only takes a short drive to discover these problems and it is also an opportunity to see how the car drives compared to other models that you might be considering.
Passing on a used car inspection
Don’t take the seller’s word that there are no mechanical defects.
After all, the car is being sold for a reason, so there could be problems with the car that cannot be seen with the naked eye.
Why not get a mechanic to take closer look through the vehicle to make sure it runs well and warrants the sale price. That way, you won’t encounter any problems on your drive home!
Focusing on short-term costs
It is important to focus on the overall cost rather than the month to month price, as it can be easy to lose track of your expenses.
Knowing the total cost of your car can also help you choose the right finance.
Not considering your financing options
If you don’t plan on buying the car with cash — consider your car finance options, or crunch the numbers in an Online Car Loan Calculator.
A chat with a NuStart expert finance consultant is a great place to start.
Contact us to get Fast Online Pre-approval, or call a NuStart Finance consultant on 1300 883 983 to discover your finance options today!Read more
Posted 25th August, 2014 in Car News
Australian business owners rely heavily on the performance of their equipment to stay competitive. In most cases, and as technology evolves, that means taking out equipment finance to keep operations up to speed.
If you have applied for an equipment loan through one of the major banks as a contractor, small business, or self-employed – you’ll know how difficult it can be difficult to lodge your application without the extensive financial documents the banks require.
Before you raise a white flag in frustration at all of this hoop-jumping – we have good news! You can get fast equipment finance with a NuStart Low Doc Equipment Loan for your business.
What is low doc equipment finance?
A low doc, or low documentation loan, is equipment finance without the need to provide a long history of paperwork.
If you’re a typical business owner, you’re not alone in failing to meet standard bank criteria. At NuStart Finance, we work closely with our lending partners to negotiate equipment finance based on your unique business needs.
Low doc equipment loans – the benefits
Low doc loans are a fair, flexible option for business owners – especially if you have been knocked back by a major lender in the past.
Because your income streams may be a little more inconsistent than that of a mid-size or large company, your low doc loan is tailored with a customised repayment schedule to fit your business plan.
At NuStart, we aim to take the hard work out of finance for hard-working business owners like yourself.
To chat about your Low Doc Equipment Finance Options with an expert NuStart consultant, contact us on 1300 883 983 today!