Gift giving is on everyone’s mind at this time of year. We’re often asked about a better way to finance those big ticket items that usually go on the credit card or eat large holes in your savings account. Whether it’s an overseas holiday, a new car, a great set of furniture or even a boat, we can help you get the right finance so the gift giving experience is just as much fun for you as it is for the lucky loved-ones!
How to make a real splash!
Watersports have long been a passion for many Australians and a boat provides some great opportunities for family activities and together time in the great summer weather. If you've been thinking about buying a boat this festive season, you'll already have in mind the kind of boat that will be appropriate for your purposes.
Whether you're thrilled by the idea of going sailing, waterskiing or fishing, getting your finance in place before you start shopping for the boat model you want will help you set a reasonable budget and put you in a great position to negotiate the best price. We can pick and choose amongst a variety of lenders to help you find the right asset financing for your needs and personal circumstances.
Comparing models and prices can be a bit confusing. And there's usually a load of extras that can drive up the price and catch you by surprise. A great way to compare models when you're shopping around - and make sure you find one that's in your budget - is to use a Boat Buyer's Checklist.
Drive a hard bargain at the end of year car sales
One of the things we love to help you with is asset financing for a new car. If you're thinking about buying a new family car, a first car for a young person, or even a big surprise for that special someone, then this is a great time of year to do it!
Car dealerships are already announcing their end of year sales on this year's models all over town. And even where no sales are advertised, it's the time of year when the dealers want to move this year's models so they're much more open to negotiation.
The one thing you'll want to avoid is dealership financing. Whilst the advertised interest rate often sounds great, it's usually a one-size-fits all deal that doesn't take into account all the financing fees, charges and penalties – or your personal circumstances. Getting your financing in place first will also insulate you from the pressures and tricks the dealerships try on you when you sit down to sign the deal – extras that drive up the costs and don't do you any favours.
The key to getting the best price is to have your financing in place first. This will help set a budget benchmark for your negotiations once you choose the model you want. You can shop at several dealerships for the best price and then drive a hard bargain by making them compete for your business.
Just like we do for mortgages and asset financing, depending on the loan amount, we can often pick and choose from a variety of different lenders to find you the best rate, features and loan term to meet your particular needs. So if you'd like to talk about financing for your festive season gifts and purchases, just get in touch today!