Purchasing a new or used car can be confusing and stressful but with these car finance tips you will be better prepared.

Budget – Ensure that you set a budget and stick to it, otherwise you may end up financing more than you can afford. 

Research – Once you have established the type of car you require for your needs, look on the internet for comparative prices. You can do this using redbook, cars advertised privately or through a dealer. Also ask for advice from friends as to whether they know if the car is fuel efficient and runs well.

Finance – Arrange your car finance. It is advisable to look on the internet for a car finance product as specialist car financiers have access to a wider range of car loans. Use our car finance calculator to get the best car finance deal for you. We can help you get the cheapest car finance from a selection of Australia’s leading financiers.

Test Drive – You must always test drive the car to ensure it runs smoothly. Take the car on the freeway to see it can handle 100km okay. Check that everything is in working order, such as the handling of the car and all electrics. Start the car from cold to make sure it starts first time.

Negotiate – Negotiating should always be done face to face so you can see if the seller is trying to hide something. Once you are satisfied with the price, take 5 minutes to think it over with a friend or a partner, that way you know you are not rushing into a decision.

Accessories – Make sure you are in receipt of the warranties, registration and service books so you can check the history of the car. A spare key should also come with the car as it is costly to have a spare made up.

You can save yourself hours of valuable time by utilising our online car loan quote tool. Using our unique car finance tool you can explore your car loan options as offered by our panel of Australian Banks and specialist car finance companies.

Our research showed that most consumers were looking for a quick and easy way to explore their car finance options without the need to submit multiple requests via the plethora of car finance websites now available. Many of the websites available in the Australian marketplace are dominated by car dealerships that utilise your enquiry to try and upsell you to buy cars from their dealership and other car related products including car insurance, car protection products and other aftermarket products usually associated with a new car purchase from a dealership.

All this can leave your head spinning – All you really wanted to find out is what the monthly payments would be on your new car purchase. All of a sudden you find yourself being pressured into deciding between including the paint scratch protection policy in your monthly payments or paying up front with cash. How did I ever let myself get lost in the sales process?

Take control of your situation and deal with a specialist car finance company that offers a quick and easy way to compare your car loan options and can offer a range of car loan products from Australia’s leading finance providers.

With Madison Finance we offer real time online car loan quotes for both business and private use car finance, so you can quickly find the cheapest car loan to meet your needs and budget and explore other finance options that you may not have previously considered.

You can use our car finance calculator to get the best car finance quote for your next new or used car. Whether you are looking for car finance for business use or for private use, our car loan calculator can be used to calculate your monthly payments for all types of car finance scenarios.

You can get a car finance quote for commercial hire purchase, chattel mortgage or a car lease and if you are not eligible to claim business use try a consumer car loan also referred to as a personal car loan.

A personal car lease could be a worthwhile consideration for approved applicants with an income in excess of $50,000. We also offer low doc and no doc car loans for self employed individuals, partnerships, companies and trusts. So whatever you car finance needs you are sure to find a solution with Madison Finance.

There has never been a better time to take advantage of the current pricing on new vehicles and record low interest rates, so we encourage you to explore your finance options by navigating around our website to try to find the cheapest car finance solution for your individual needs.

Have you bought a new car but haven’t been able to sell your old one? With our car selling tips, we might just be able to help you. Of course you have advertised your car and now potential buyers are coming to inspect it.  Do not give potential buyers any reason not to buy the car. The way to do this is by doing the following:

Tidy up – remove any personal belongings such as cd’s, tissues, loose change that may be lying about the glove box, centre console and door panels.

Clean – do a thorough clean which involves, vacuuming, cleaning the glass, dusting and polishing.

Repair – any lights, mirrors or bumps and scrapes.

Remove smells – that may linger from cigarettes, a pet or stains in the carpet. Empty the ashtray and clean thoroughly, clean any stains with a carpet cleaner and freshen up with some air freshener.

Service – top up the water coolant, oil, washing water for wipers and check the air pressure is correct in the tyres. Check the spare is in working order and also pumped to the correct pressure. Ensure the jack and toolkit is in order.

Mechanics – ensure the engine is running smoothly, the bonnet stays up in place and all electrics are in working order.

Documentation – the owners handbook and service book should be stowed neatly in the glove box and a current registration certificate displayed.

Market value – know the true market value of your car which you can check using red book or comparing to other cars of the same make, year and model.

You are provided with many options when looking for car credit but it is best to do your research first. You may wish to finance with the dealer or use your bank for a personal loan, but as a result you could end up paying much more than you bargained for.

It is a good idea to search online for your car credit as a car finance specialist will have access to a wide range of lenders to secure the best car credit available to you. They will be able to provide you with the lowest monthly repayments for the loan term you choose to take out.

A car finance specialist will also be able to provide you with sound advice when it comes to buying your car. They will be able to advise you as to what you should expect to pay for the type of car you are looking for. If you end up paying too much for your car, it will also mean that you need to finance more, which will result in further interest over the loan term.