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Is Paying Off Your Business Car Loan Early the right Move?
Paying off your business car loan early might seem like a prudent financial decision. However, in many cases, it doesn’t offer the financial benefits you might expect. Here are 3 key reasons why. 3 Reasons NOT to pay off your business car loan early 1. Tax Benefits of a Business Car Loan The first key…
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Should You Finance a Car for Business? How Buying on an ABN Can Save You Money
Many business owners wonder whether financing a car under their business is a smart financial move. The right financing choice can help you maximize tax savings, improve cash flow, and even unlock GST benefits. If you’re an ABN holder, purchasing a vehicle through your business can offer significant advantages—but it’s essential to understand the best…
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The Do’s and Don’ts of Branding Your Company Vehicle
Your company vehicle can be more than just a means of transportation. It can also be a mobile advertisement for your business. A well-branded vehicle can enhance your brand’s visibility, build credibility, and even generate leads. However, poor branding choices can have the opposite effect. When purchasing a new company vehicle a low doc car…
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Financial Pitfalls to Avoid When Getting a Car Loan
Buying a car is an exciting milestone, but securing the right loan is just as crucial as choosing the right vehicle. Car loan pitfalls to avoid, such as poorly structured terms, can lead to unnecessary financial strain, higher costs, and long-term regret. Here are key financial mistakes to watch out for when financing your next…
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K’gari camping trip with the AAA Finance Family
A K’gari camping trip, formerly known as Fraser Island, is a must-do adventure for every Australian. We embarked on our journey from the Sunshine Coast at the crack of dawn, aiming to arrive at Inskip Point just before low tide. From there, a swift ferry ride transported us to K’gari. Our route took us along…
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ABN Car Finance Guide
When you apply for an ABN car loan the process can seem quite dauting. Whether you’re a sole trader, a small business owner, or running a larger enterprise, an ABN car loan can help you finance a vehicle for business use. This article will walk you through the ins and outs of ABN car loans…
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Mortgage Redraw or Secured Car Loan: The Best Way to Finance Your Next Car
When buying a new car, choosing the right financing option is crucial. Many buyers consider either a mortgage redraw or secured car loan, but which one is the smarter choice? Peter Watman, owner manager of AAA Finance, explains why redrawing on your mortgage can be detrimental to your long-term financial success. Many a bank manager has…
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Benefits of using a Business Car Finance Broker
Using a business car finance broker has a number of advantages. Brokers provide access to a wide range of lenders, specialised knowledge, expert guidance, and significant time savings. Their negotiation power secures better loan terms and interest rates. Assistance with documentation and a streamlined application process ensures quick car loan approvals. Brokers offer tailored business…
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Can I get a car loan with no proof of income?
The answer is yes! If you run a business with an active ABN and have assets to support your application, you may qualify for a car loan with no proof of income. This type of financing, known as a no doc car loan, is a form of chattel mortgage. The vehicle itself acts as security…
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Low Doc Car Loan Eligibility: Do you qualify?
Wondering if you meet the low doc car loan eligibility requirements? Low Doc Car Loans are designed for self-employed individuals and businesses with an ABN. These loans offer flexible financing without the need for extensive paperwork. Find out more about the many benefits of Low Doc Car Loans in our comprehensive blog. Lenders have specific…