1. Choosing the vehicle Hide
Buy the car that best suits your needs and your budget. Always research the market first so that you know what to expect in terms of value for money.
2. Get the right finance Hide
Shop around for competitive finance before going car shopping. Never accept a loan or finance agreement just because it’s quick, easy or convenient. The interest rate may be much higher than what you could get from other providers. Where possible you should consider obtaining finance before hand or be aware of rates of finance available before you visit a dealership.
3. Protect yourself Hide
It is risky to buy from an unlicensed dealer or a private seller. They are unregulated and there is little legal protection in the event of a problem. Licensed dealers must offer a cooling-off period and Statutory Warranty on most used vehicles they sell. Always make sure the vehicle actually exists, is available and meets your expectations.
Car insurance
Protect the vehicle that gets you from A to B. Our car insurance covers a wide range of vehicles
4. Get an independent inspection Hide
Always have a used car inspected by a qualified mechanic before you buy it. A safety certificate or Statutory Warranty isn’t a substitute for a vehicle inspection. Make an independent inspection part of the contract and make sure the wording allows you the right not to purchase if the inspection is unsatisfactory. Most importantly don’t accept the car unless you are satisfied with its condition.
5. Insure your car before you drive away Hide
Compulsory Third Party insurance (CTP) is part of your car's registration in Queensland, but you’ll need more protection. CTP insurance only covers personal injuries sustained by passengers in your vehicle, not at fault drivers and other users. CTP Insurance does not cover damage caused to or by your vehicle. You should have Comprehensive Motor Vehicle Insurance or Third Party Property insurance as well.
6. Know your budget and how far you will travel per month. Why? One needs to know the running cost per km for the vehicle.