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The different types of EOFY deals carmakers offer

CarExpert

These deals are often characterised by price discounts, the addition of accessories, or various financial bonuses, meaning buyers will almost always benefit by purchasing a new vehicle in the run up to June 30. There are three main types of offers typically seen at EOFY: finance, runout, and factory bonuses.

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Did I make a mistake by filling out a credit application when buying a car with cash?

Shawn Ryder

When navigating the complexities of purchasing a car, many buyers encounter financial concepts that can significantly impact their decision-making processes. Long Finance Terms: Extended loan terms may reduce your monthly payments, but they also lead to slower progression toward equity, allowing negative equity to persist longer.

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Using a credit union and negotiating with the car dealer?

Shawn Ryder

When it comes to buying a car, knowing how to use financing options like credit unions and negotiating effectively with car dealers can lead to significant savings and a better overall experience. Credit unions often provide competitive financing rates that can enhance your negotiation power at the dealership.

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