Driving dilemma: Transport costing Perth families $16,652 a year
The price of transport in Perth is costing families around $16,652 every year according to the AAA’s (Australian Automobile Association) most recent Transport Affordability Index, with car loan repayments making the biggest dent in household budgets.
Read MoreElectric vehicles taking our roads by storm as affordability improves
As electric vehicles become ever-more affordable to buy and run, the EV revolution may hit our roads sooner than expected, according to a new forecast by the advanced transport team at Bloomberg New Energy Finance (BNEF).
Read MoreAussie car love affair costing $2.8 billion every week
Despite Aussies’ love affair with cars, keeping them on the road isn’t cheap. According to a new survey by RACV the average cost of running a car is setting drivers back $207.84 a week, a 1.6% increase from last year. With 13.8 million passenger vehicles registered on our roads this means our nation’s weekly car ownership bill sits at around $2.8 billion.
Read MoreAvoid the EOFY car sale trap: low interest rates don’t always mean low repayments
With the end of financial year - and the end of financial year sales - approaching, Aussies may be gearing up to splurge on a new car soon. But bargain-hunting drivers need to be careful of rising car loan costs when shopping this year’s sales.
Read MoreKia cleans up in 2016 Australia’s Best Car Awards
The 2016 Australia's Best Cars awards are in, and Korean manufacturer Kia has proved the most impressive with the judges, winning three categories and placing five times.
Read MoreAre flying cars just around the corner?
Marty Mcfly and Doc Brown watch out, because you might not have the skies to yourselves for much longer after Uber Technologies acquired former NASA engineer Mark Moore to lead its flying car program, Uber Elevate.
Read MoreCar loan providers slash rates in time for dealership sales
Now more than ever is the perfect time to purchase some new wheels, with car dealerships across the country slashing price tags on stock they are trying to clear before 2016 winds up.
Read More92% satisfaction: Car owners the happiest consumer group in Australia
Dealerships across the country rejoice! According to the latest research car owners are the most satisfied consumer group in Australia, with an average 92% satisfaction rating.
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