CarExpert

JUNE 18, 2024

That’s the case at the moment for hundreds and hundreds of Model 3 and Model Y vehicles that continue to arrive by boat, but don’t have any buyers attached to them. A recent 7 News story detailed the deluge of Teslas sitting dormant at the docks in Melbourne with no buyers in sight. And in some cases that works.

Balloon Payment 111

Balloon Payment Termination Fee Early Termination Fees Sales 111

CarExpert

JUNE 6, 2024

Dealer finance is a growing field and it’s unusual for a prospective car buyer to go through the process without receiving a spiel on loan options. At their core, dealer finance packages are no different to the loans sold by banks and other financial institutions. So, how does dealer finance work?

Finance 75

Finance Balloon Payment Banking Deal 75

CarExpert

APRIL 20, 2024

The case for cash To pay cash for a new car means parting with the full price of the vehicle at the time of purchase, giving the buyer entitlement to the full value of the car without any further financial commitment. In isolation, financing a car means that you pay more than a cash buyer for the same car, worsening your financial situation.

Finance 97

Finance Balloon Payment Buyer Banking 97