Car Loan News

RateSetter makes major changes to car & personal loan interest rates

Online peer-to-peer lender RateSetter has shaken up its car and personal loan products, raising and lowering various unsecured loans by as much as 56 basis points.

By William Jolly ● May 02, 2019

Petrol prices hit 22-week high

The national average price of unleaded petrol in Australia has hit its highest point in nearly half a year, just in time for the Easter holidays.

By William Jolly ● April 17, 2019

Toyota to offer incentives to buying used cars

Leading car manufacturer Toyota has introduced a new used-car incentive scheme that guarantees future values on second-hand vehicles.

By William Jolly ● April 16, 2019

Consumers ‘cautious’: March new car sales slip

Amid an increasingly uncertain economic climate, Australian sales of new vehicles in March were down 7.1% on last year, according to the latest figures.

By Dominic Beattie ● April 03, 2019

Young drivers mostly asking parents for first car cash

Many young Aussies say they will ask their family to fork out to help them buy their first car, according to a new survey.

By William Jolly ● March 19, 2019

Intention to purchase new cars declines

The number of Australians looking to purchase a new vehicle in the next four years has hit the lowest level since 2014, according to Roy Morgan Research.

By William Jolly ● March 15, 2019

New vehicles sales fall again in February

After falling in January, the latest new car sales figures show more of the same for February 2019, with sales declining by 9.3%

By William Jolly ● March 05, 2019

Uber to bring tipping to Australia

Ride-sharing giant Uber has introduced a new feature in its Australian app that lets riders ‘add a tip’ – and it hasn’t gone down particularly well.

By William Jolly ● March 01, 2019

Electric vehicles seek exemption from proposed luxury car tax in NSW

The New South Wales Labor opposition has proposed a luxury car tax if elected – and the green car industry isn’t happy about it.

By William Jolly ● February 28, 2019

Car loan arrears on the rise

The proportion of Westpac car loans in arrears has risen, according to Deutsche Bank, which can pose a risk for investors, customers and the bank itself.

By William Jolly ● February 26, 2019

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