As COVID-19 lockdowns begin to ease, many of our pre-COVID expenses are starting to resume, which could spell trouble for your savings. However, while your lockdown-saving style mightn’t be so realistic anymore, by ditching any major money-drainers you can limit your outgoing costs.
Love a scroll through Gumtree every now and again? Well, if you’re on the hunt for a new set of wheels, the range of choice is about to get a whole lot bigger.
Looking to get your hands on a new set of wheels so you can hit the road post ‘iso’? Well, say hello to these lenders who have slashed car loan rates.
Since the COVID-19 lockdown restrictions have been in effect, we’ve found there are two distinct types of savers in self-isolation: those spending less and saving more, and those who are now on a first-name basis with the postman because they’re shopping up a storm online.
Due to the COVID-19 outbreak many Aussies have had to say goodbye to public transport and instead look to purchasing second hand cars to get around.
If money troubles are at the forefront of your mind right now, you might be tossing up ways to reduce ongoing costs. One option could be to refinance your car loan. If it’s been a while since you got it, you could be missing out on a more competitive deal, plus thanks to the rise in online and non-bank lenders there are now more and more low interest car loans available.
Online lender loans.com.au has taken the axe to all of its car loans, bringing its rates to some of the lowest around.
Do you know what your current credit rating is? If not you may want to find out, especially if you’re in the market for a new set of wheels, because according to MyCRA Lawyers, more and more Aussies looking to take out a car loan are being rejected due to a poor credit rating.
They say every cloud has a silver lining, and if 2020 is the year you’re looking to pick up a new car, you may find that the odds are in your favour.
In the words of John Lennon, “And so this is Christmas and what have you done?”