Four smart ways to save money on your next car

Whether you're buying your first car or upgrading, a little know-how can save you thousands, so we asked our Instagram community to share their best car-buying advice. These four tips come straight from real Australians who have been through the process. Consider them your cheat sheet for buying smarter.
Finance Tips
Vehicle Loans

Tip 1

Demo cars are hidden gems.

Demo vehicles, the ones dealerships use for test drives or display, are often drastically cheaper than brand-new equivalents, yet come with very low kilometres and a full manufacturer’s warranty. They’re registered as new, so you still get that new-car feel, just without the full new-car price tag. Because dealerships don’t always advertise their demo stock online, it pays to ask sales staff directly if any are available. You can also check dealership websites for a dedicated demo section or search car sales sites by filtering for ‘demo’ vehicles to spot current offers.

Tip 2

Always run an accident history check.

From as little as $2, you can look up whether a used car has been in a reported accident – a small price to pay for serious peace of mind. Use trusted services like the official PPSR (Personal Property Securities Register) or CarHistory. These providers can reveal if a vehicle has been written off, stolen, or has money owing on it. Never skip this step, no matter how good the listing looks.

Tip 3

Buy for your needs, not your wants.

It’s easy to fall in love with a car that’s bigger, flashier, or more loaded with features than you actually need. But those extras add up – not just at purchase, but in insurance, fuel, and servicing costs over time. Be honest about how you’ll actually use the car: daily commute, family trips, weekend adventures? Match the vehicle to your life, not your wish list.

Tip 4

Negotiate on extras

Dealerships want your business – and that gives you leverage. Get quotes from multiple dealers on the same make and model, then let each one know you’re shopping around. When you’re close to a deal, negotiate on the extras: floor mats, tinted windows, free servicing, extended warranty, or a tank of fuel. Dealers often can’t go lower on price but have room to move on add-ons.

Ready to finance your next car?

NOW Finance offers fast, flexible car loans for Australians with no hidden fees and fixed rates. Check your personalised rate in 2 minutes with no impact to your credit score.

Disclaimer: This article contains factual information only and does not constitute financial advice, a recommendation, or an offer of any kind. It has been prepared without considering your personal objectives, financial situation, or needs. Before taking any action, you should assess whether the information provided is appropriate for your circumstances. If this article discusses the acquisition or potential acquisition of a specific credit product, you should obtain and review the relevant disclosure documents before applying. The information is believed to be accurate as at the date of publication; however, changes in circumstances after this date may affect its accuracy. Any loan figures, interest rates, or lender comparisons used in this article are illustrative examples only and do not represent rates, fees, or products offered by NOW Finance or any specific lender. Actual loan costs will vary depending on your individual circumstances, loan amount, term and interest rate. 

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