Buying a Car

Buy or Repair? What Should I Consider?

April 20th 2020 by Rene | Buying a Car

Saying goodbye to a tried and trusted vehicle can be a difficult thing, especially when you have accumulated so many memories over the years and are reluctant to let go. At that point, you might ask yourself, is it worth ploughing more money into your car to keep it in fair condition, or fork out altogether for a new car? Weighing up a new car The first thing you’ll want to consider are your immediate near-te...

How to Negotiate with Pushy Dealers

April 13th 2020 by Rene | Buying a Car, Dealerships

For many, the negotiation stage when purchasing a new car is one of the most dreaded parts of the whole process. While the prospect of securing a brand new vehicle should be an exciting time, the big ‘dance’ that comes before it is not always viewed so favourably. What’s more, just as you might need some time to come to a decision, you will probably have various dealers in your ear trying to close...

Why Refinancing Your Car Might Be a Winner

April 10th 2020 by - | Buying a Car

Recent rate cuts by the Reserve Bank of Australia (RBA) left the official cash rate at a historical low of 0.25%. We also saw the first out-of-cycle rate reduction since 1997. But the RBA wasn’t the only one dropping their rates last week, with many lenders also announcing a reduction in interest rates. While most savvy consumers understand that they can refinance their home loan to make the most of low intere...

What is the Difference between 4WD and AWD?

April 7th 2020 by Rene | Buying a Car, Car Formats and Segments

SUVs are the clear frontrunner in the Australian car market with a commanding lead over passenger vehicles, which once ruled the roost. As more buyers shy away from sedans and opt for SUVs instead, one common question pops up. What is the difference between 4WDs and AWDs? Unlike what you may have been led to believe, the two formats are not one and the same. Understanding 4WDs Four-wheel drive (4WD) vehicles rely u...

How Dealer Leads Are Shifting amid the Coronavirus

March 31st 2020 by Rene | Buying a Car, Dealerships

As tough times mount for the wider community, with many concerned about their physical and financial health, here at PriceMyCar we are observing a drastic slowdown among the number of prospective buyers interested in new cars, considered dealer leads. Although a reduction in buying interest is to be expected, the speed at which this has occurred, effectively in as little as two weeks, is something that doesn’t...

Should I Buy the Latest Release Car or Last Year’s Model?

March 29th 2020 by Rene | Buying a Car

The end of the calendar year often throws out a lot of new car bargains, with the allure of discounts often leading to a spike in sales. After all, dealers don’t want to be left holding stock for a model that is no longer badged with the current year, or may even be superseded. However, as dealers clear vehicles from the prior calendar year, it raises the question, is it in the best interests of new car buyers...

Honda Set to Move to Fixed Pricing

March 27th 2020 by Rene | Buying a Car, Dealerships, Pricing Issues and Practices

After much speculation, Honda has finally confirmed its plans for the Australian market for the foreseeable future. While some industry experts predicted that the Japanese brand might wind up its local operations, just as Holden has recently done, the company has instead ‘committed’ to retaining its presence down under. However, the auto-maker’s commitment comes with a few strings attached. And for...

What Impact Might the Declining Australian Dollar Have on Car Prices?

March 24th 2020 by Rene | Buying a Car, Pricing Issues and Practices

Amid all the latest headlines focusing on the Coronavirus, financial markets have been roiled. This includes sharp currency movements that have seen the Australian dollar plunge to a near eighteen-year low. Although this trend has been playing out for a longer period across the last 24 months or so, the shift of the world’s attention to an accelerating viral pandemic has only exacerbated the weakening local cu...

What to Look for in a Family Car

February 19th 2020 by Rene | Buying a Car

The humble family car has become central to the everyday life of Australians right around the country. Whether it’s the school run, day trips or weekends away, you want to ensure that you have a vehicle that is cut out for the task. With that, there are certain traits that endear themselves well when it comes to picking up a great family car. We take a look at some of these key features so that you know what to...

Considerations When Buying Ex-Demonstrator Vehicles

December 30th 2019 by Rene | Buying a Car, Pricing Issues and Practices

Earlier this year, the new car industry changed the method with which it reports some of its sales data. As a result, one of the consequences to come out of this is a reduction in the number of ex-demonstrator cars being sold in showrooms across the country. The changes are because of the way reporting obligations dictate stock transfer from manufacturers to dealers. You can read about the particulars in greater det...

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