Car Finance Deals - Know Your Options

For many of us the option to walk into a showroom and buy a car outright would be impossible. The vast majority of us when looking to purchase big ticket items need to source some kind of finance. However, not all finance options are created equal, there is a huge variety of options available. When searching for new car finance deals, Australia-based drivers need to do their due diligence.

Check Your Budget

A good first step before even visiting the Subaru dealership is to work out what your budget is. Many people have a tendency to underestimate this step, but it is vital to your financial health. Before seeking Subaru finance for the car of your dreams, you need to make sure that you can afford the monthly payments. Start out by making a list of all your current financial responsibilities and don’t be too harsh on yourself. When working out a budget many people neglect their basic needs such as clothing or an entertainment allowance. If you really need a car perhaps you could forgo the odd night out, but if you can’t go out at all you will soon regret your purchase.

Choose the Right Vehicle

Finding the right vehicle within your budget can be a real nightmare if you don’t have a clear idea of what you need. We can all have our heads turned by the latest Subaru WRX STI, but do we really need it? Take some time and really evaluate what you need a car for. Take into account how many people the vehicle needs to carry, how safe it is and how economic it is. A car with good fuel economy can really save you a lot of money if you drive a lot.

Getting the Best Finance Deal

When looking for new car finance deals Australia based drivers should consider choosing a vehicle make that has a strong financing package available. Many dealerships offer financing that is far better suited to buying a vehicle than you would get from traditional lenders. This could be strongly influenced by the size of the deposit that you have available. If you have a current vehicle that you wish to part exchange as part of the deal this may be possible. In many cases privately selling your car to raise money to use as a deposit against a new vehicle will be the best option. However, if you cannot be without a vehicle it may be a better option to check with the dealer and see what they will offer you.

If they are looking for new car finance deals Australia based drivers should contact us at (08) 9416 0888. At City Subaru, we can offer you Subaru Car Finance deals that can be tailored to your unique circumstances. Our rates are highly competitive and we are currently offering a deal where you have nothing to pay for 6 months. If you would like more information get in touch with us today and we will be happy to answer any questions or queries that you may have.