Finance Blog

Finance News, Comments & Advice

Subaru release diesel Outback

November 30th, 2009 in Car Finance

Subaru now have a diesel powered engine amongst their range with the release of their new Outback. The turbocharged 2.0D Outback meets European standards with the new reduced emissions requirement. Whilst providing a smooth comfortable ride it does this economically, consuming just 6.4 litres of fuel per 100 km. With car manufacturers eager to provide consumers with economic cars producing low emissions, Subaru have certainly managed to do this.

 

The new diesel Outback will come in three models being the 2.0D, 2.0D Premium and 2.0D Premium with SatNav. The Premium models include a leather trim, sunroof, DVD, reversing camera and Bluetooth compatibility. The Premium model with SatNav is priced from $40,490. The Diesel models provide the same exceptional comfortable ride as its Petrol counterparts and have the same spacious cabin.

 

The Outback continues to maintain its excellent safety for occupants with five stars given by ANCAP, being the highest possible rating. Safety features include a cocoon for the engine to protect passengers in a head on collision and a knee airbag for the driver. Contact your local Subaru dealer for a test drive.

Finance Victoria

November 29th, 2009 in Equipment Finance

Madison Finance offers finance to customers throughout all of Australia. Our head office is based in Richmond, Victoria with other offices in Sydney and Brisbane. We provide finance for cars and other vehicles and all types of equipment. We offer a wide range of financing options, such as chattel mortgage, lease, commercial hire purchase and a novated lease program. We pride ourselves in providing our customers with the upmost professional service.

 

We understand that when looking for finance you require not only the best value product on the market but a product that suits your circumstances and budget. With access to over 30 lenders, some with exclusive agency, we will be sure to find the perfect finance solution for you.

 

Getting your drivers licence

November 26th, 2009 in Car Finance

Working towards getting your drivers licence is a very rewarding and satisfying experience. Once you have your drivers licence it opens many doors for you. It provides you with independence and will often be a requirement for your working career. It may seem daunting at first to hop behind the steering wheel but it is a necessary part of the learning experience. You will need to obtain 120 hours logged driving experience prior to sitting for your drivers licence. This must include 10 hours of driving at night. All logged hours must be signed by your driving supervisor.

 

Having a drivers licence is a privilege and must be treasured. You are not only responsible for yourself but your actions will affect other road users. Drive responsibly and heed the advice of your supervisor. If you have your learners permit you will know the road rules, you just need to put them into practice.

 

As a learner driver you mustn’t drive using a mobile phone and this includes hands free. You will also need to have a zero blood alcohol concentration. You can’t tow any other vehicles or trailers. Your L plates must be clearly displayed and you must always carry your learner permit with you. Your fully licenced driving supervisor must have a blood alcohol concentration of under .05. These simple rules are put into place for your safety and the safety of others. So enjoy your driving experience and remember to take care on the roads!

 

Finance for the money conscious

November 25th, 2009 in Equipment Finance

In these difficult economic times it is likely that you are conscious of what you are spending and are looking at ways to save money. Same goes when obtaining finance. You need to ensure that you are receiving the best possible finance deal. Don’t be mistaken into believing that the lowest interest rate is the cheapest. You will need to compare like for like finance quotes. This is a difficult and time consuming task. Particular given that you will need to take into account any fees and charges to give a true interest rate.

 

Comparing the monthly repayments is a good start but you will need to ensure that they are a like for like comparison. That is, are you borrowing exactly the same amount over the same term and have the same residual. Are there are penalty fees and are the fees and charges the same over the term of the loan. You will also need to take into consideration your intentions over the term of the loan. If you think you may pay the loan out early you wouldn’t want to take out a finance contract that attracts an early payout penalty.

 

By utilising the services of a finance broker you will have access to a large range of financiers. This will provide you with a broad range of finance products thus ensuring that you will obtain the best possible finance solution for you. A finance broker will be well equipped to provide you with the best possible advice and will also be well informed as to what special promotions are being offered at any one time.

 

Novated lease program

November 24th, 2009 in Novated Lease

Does your company offer a novated lease program? If they do, it is worthwhile looking into. Do your research and see how much money you would save by taking out a novated lease. Your employer may even allow you to salary package your partner’s vehicle too. By financing a car by way of a novated lease it enables you to purchase the vehicle from your pre-tax income. You may wish to take out a fully maintained novated lease. This enables you to not only finance the car from your pre-tax income but to pay for the running costs, such as fuel and servicing from your pre-tax income too.

 

To find out what you could save by salary packaging your vehicle, use our online novated lease calculator. To find out more about salary packaging and what your monthly commitments would be, speak to one of our friendly staff members today on 1300 887 967.