The recent storm in Melbourne caused chaos within the car dealership industry. As massive hailstones came down so did the prices of the cars. Many dealerships were uninsured for hail damage and as a result have had to slash the prices of their cars to remove their damaged stock. Car dealerships all over Metropolitan Melbourne are having a “hail sale”. Dealerships want to remove their damaged stock this weekend and are willing to negotiate heavily on all new and used damaged stock.

If you are looking for a bargain on a car then this weekend is the best weekend to negotiate a price for you. Some cars are only slightly damaged so it is worthwhile looking at what the dealerships have to offer.

When buying a new or used car you will usually require finance. Car finance does not need to be obtained from your dealership or bank. There are many alternate financing arrangements available. By accessing a car finance broker you will be giving yourself the best opportunity to be provided with the best possible car finance solution. A car finance broker will be able to offer a variety of car finance products from a wide range of financiers.

By having access to so many products your finance broker will be able to tailor a finance package to suit your needs, circumstances and budget. You will have the flexibility to find a term that suits you by altering the length of the loan and the residual amount. Products available include chattel mortgage, personal lease and commercial hire purchase. Alternatively, you may wish to arrange a novated lease whereby your finance payments are deducted from your pre-tax income. Whatever your financing requirements, Madison Finance will have a finance solution for you.

Take the stress out of obtaining car finance and do it the smart way. By using a car finance broker you will gain access to a wide range of financiers. By having access to so many financiers you will be provided with a broad range of finance products. This will ensure that you obtain the best car finance solution for you. Your car finance broker will tailor a car finance package to suit your needs, circumstances and budget.

You may wish to use the services of an online finance broker. By taking this option you will have access to online quotes and applications. This is a convenient method of arranging car finance as it can be done at a time that is convenient to you. At Madison Finance we understand that life is busy and as such have designed an easy to use website whereby you can obtain online quotes and make an application online. We can also forward your car finance documents via email to expedite settlement.

Alternatively, you may wish to contact a Madison Finance representative on 1300 887 967. We will be able to assist you with your car finance queries and guide you through your car purchase and finance.

Hyundai have launched a new compact SUV that will replace the Tucson. The ix35 is a sleek vehicle that was built in Germany. Hyundai have proven to become a popular choice for consumers. Hyundai sales increased in 2009 while many manufacturers suffered due to the global financial crises. January sales in Australia were up by 68 percent. This is a good indication that Hyundai are a force to be reckoned with. Hyundai are improving the quality of their vehicles whilst they continue to grow.

The ix35 comes in three models, Active, Elite and Highlander. Each model has a choice of petrol or turbo-diesel engine. The base model is well equipped with keyless entry and alarm, six airbags, stability control, 17 inch wheels, electric drivers seat and iPod compatibility. The ix35 is available now with the base model having a starting price of $26,990 plus dealer delivery and on road costs.

To arrange for finance pre-approval apply for a quote online or speak to a Madison Finance representative. An application can also be made online or alternatively over the phone within a matter of minutes.

As the new year is now here, car manufacturers are keen to keep the momentum going from last year. Sales in December of 2009 were very strong due to business buyers wanting to take advantage of the Government’s tax incentive scheme. Even though the Government’s tax break is no longer available, there has been a 5 per cent reduction in the tariff charged on imported cars. This reduction took effect on the 1 January 2010. Most manufacturers are passing this saving on to the customer by way of slashing their prices or providing added bonuses.

Even though this tariff only applies to imported vehicles, local manufacturers are still benefiting. As some car parts are imported, local manufacturers are passing these savings on to the customer. When looking for a bargain on a 2010 model car be aware of the difference between compliance plates and build plates. If you purchase a car with a compliance date of 2010 the car will be seen as a 2009 model and therefore will already have one year of depreciation. Ensure that your 2010 model car has a build date of 2010.