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Buying a Car

Why Your Car Isn't Worth As Much As You Think!

Currently most people have an overinflated idea of the value of their existing car and what they are going to get if they trade it in. In my opinion, this is largely due to the easy access to classifieds sites where similar cars listed for sale are mistakenly used to benchmark the market value. Let me explain... It's called Carsales not Carsold. The prices you see advertised are anything but the actual sales price....

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Will the Fixed-Price Agency Model lead to Higher Prices for New Car Buyers?

Late last month, in Canberra, there was a Senate Inquiry discussing the plan put forward by Honda and Mercedes-Benz to introduce fixed pricing across their dealerships. Honda has already committed to roll out a fixed-price agency model from the middle of next year, whereby its showroom numbers will be slashed dramatically to cater to the move. Meanwhile, Mercedes-Benz intends to make the switch in early 2022. What...

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What to Look for in Your First Car

When it comes to purchasing your first car, price is often the driving factor as far as the decision making process goes. That’s despite the fact that your first car will often be burdened by numerous other costs and considerations. Whether it be the cost of insurance, fuel consumption, maintenance and repairs – there are financial worries beyond the bottom line. On top of that, you also have reliability...

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Why Luxury Cars Haven’t Been Feeling the Pinch

The new car industry’s slide has been well documented. Dating even further back than the COVID recession, sales have been trending down for the best part of two and a half years now. Of course, the recession has exacerbated that trend, with certain months resulting in dire sales numbers that would have had the industry very worried. However, there has also been a rare and some might say ironic bright spot ami...

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