Residual Balloon Payment Explained
The balloon payment is the amount of money that you owe after your novated lease or car loan has ended. It’s calculated as a percentage of the finance amount required to purchase the car.
How to Test Drive a Vehicle
Testing driving a new vehicle, when done correctly, is a lot of fun. You’re experiencing a completely new car that could possibly be yours, if you fancy it enough. There’s a bit of an art to test driving a car, especially if it’s a used one.
How Using a Fuel Card Saves you Money
Fuel cards are important tools that are used by the vast majority of businesses with registered vehicles. They can save businesses a ton of cash, make admin processes quicker and more effective and they can also reduce the risk of diesel theft.
How to Negotiate Buying a Car from a Dealer
Haggling. It’s a lost art form that’s only really been rehashed by sites like Facebook Marketplace and Gumtree, where people offer you 80% less than what you’re asking in some kind of desperate attempt to rip you off.
How does a car allowance work
Car allowance is a set amount offered to you by your employer to contribute to the use and expense of a motor vehicle aka car. And there are no limits or restrictions on how you use the car.
Five Reasons to Choose a Chattel Mortgage
Chattel mortgages are one of the most sensible ways of financing a vehicle. All over the world, businesses and individuals alike use chattel mortgages to purchase new and used cars, so there’s no wonder why you’re considering it too.