1300 547 226
1300 547 226

Tips for Buying and Selling a Vehicle

Things you should know

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Buying a vehicle is a big decision. Your vehicle is likely to be one of your most significant assets, so it’s important to do your due diligence before you buy a used car.

Following the steps below will mean you undertake a thorough check on the used car you’re considering buying, and gives you the best chance of avoiding a lemon.

01

Low-Interest Financing

You’ll enjoy flexible, tailored financial solutions to help grow your business.

02

The Right Fit

Our team of equipment specialists can help you choose the right lending model for your business.

03

Obligation Free Consultation

We offer easy-to-follow advice outlining exactly what you’ll need to do to have your loan approved.

01

Your repayments will be made using a combination of your pre and post-tax salary, reducig your taxable income and saving you a thousands at tax time.

02

A novated lease includes your vehicle’s running costs such as fuel, servicing and tyres. You’ll have to pay for these expenses regardless – so it make sense to use your free tax salary to pay for them, further reducing your taxable income.

03

You’ll enjoy GST excluded from both the purchase price and running costs of your car.

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Tips for Selling a
Vehicle Privately

Selling your car privately can be a daunting and time-consuming process – but is usually a more financially-rewarding approach than trading it in.

 

  • Have the vehicle professionally cleaned or detailed inside and out.
  • Create a listing at carsales.com.au and ensure it includes:
    – As much information about the vehicle as you can;
    – Photos (as these are vital – provide at least twenty clear photos of the car both inside and out, including shots of the odometer and your service history record).
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  • Screen all enquiries to avoid spending time on timewasters. Some good questions to ask potential buyers are:

– Are you ready to buy now?
– Do you have finance organised?
– Are you comfortable with the advertised price?
– Are you considering other cars?
– Would you buy my car if it’s as I’ve described in the ad?

  • Arrange for potential buyers to inspect your car at a time that’s convenient for you – a genuine buyer will accommodate your schedule.
  • Ask for a deposit to secure the vehicle if a buyer confirms they want to buy. Keep your advertising live until you’ve received all funds and the sale is complete (you can pause your listing if you’d prefer).
  • Never release the vehicle until you have cleared funds. Always ask for a bank cheque rather than a personal cheque.
  • If your vehicle is under finance, the buyer usually pays the finance provider directly, and any remaining funds go to the registered owner of the vehicle.

 

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    Please contact us on 1300 547 226 for a No Obligation, FREE Quote, and Approval! Or, simply contact us today for a 5-minute callback.