Resources

June 12, 2019

Understanding the Market Value of Your Car

Table of Contents What Is the Market Value of My Car? What are the Most Common Factors that Determine a Car Valuation?Make and ModelThe Age of the CarOdometer ReadingColour Accident and Repair HistorySpecial Features and UpgradesMarket DemandA Breakdown of Independent Car Valuation Guides RedBookMycarpriceCarChaseOther Factors to Consider When Valuing Your Continue reading...
June 11, 2019

How CTP insurance works in different Australian States

Table of Contents What is CTP Insurance? CTP Insurance When Buying a New CarCTP Insurance When Buying a Used Car  How CTP differs between the different Australian StatesCTP Greenslip in New South Wales (NSW)CTP Insurance in the Australian Capital Territory (ACT) CTP Insurance in Victoria (VIC)CTP Insurance in Queensland (QLD) CTP Insurance in Continue reading...
June 11, 2019

Car Depreciation Explained

Table of Contents  What is Car Depreciation? What Factors Influence Car Depreciation?  Depreciation of Private Vehicles Depreciation of Work-Related Motor VehiclesHow to Calculate Car Depreciation How to Reduce Car Depreciation Choose carefullyBuy carefully and negotiate shrewdly Use carefullyConsider a nearly-new or hardly used carRegular cleaning and maintenanceMinimise Mileage Best resale value cars i.e slowest Continue reading...
June 10, 2019

Buying a new car and trading in at the same time? It’s all about the change-over

What is the “change-over” in a car deal?  When one buys a new car and trades-in their old car, the term change-over (or change over) is relevant to the value of the deal in real terms. e.g. the new car costs $20,000 drive away and your trade-in value is $10,000 Continue reading...