Car options for the first 3 months
Hi everyone, we're moving to Melbourne in January. I will start my job on 1 Feb and will have a bank account open (HSBC opened from the UK).
Question about what to do regarding cars because obviously I will have zero credit history in Australia. I'm thinking of getting a 2nd hand Nissan X-Trail which costs about $25k and will need financing but from what I read I need minimum of 3 months payslips to get a car loan. What would you suggest for car in the first 3 months? Should we do one of those "long-term rental" from Avis, Hertz, etc? Or is there another option? I looked online but it doesn't seem there's an equivalent of a UK PCH (leasing) in Australia? Many thanks for your help. |
Re: Car options for the first 3 months
What we did was buy a cheap car in the beginning ($5k ish) to get us around. It lasted about a year before I sold it to another new arrival for $4k.
|
Re: Car options for the first 3 months
Originally Posted by kamb1ng
(Post 12772421)
Hi everyone, we're moving to Melbourne in January. I will start my job on 1 Feb and will have a bank account open (HSBC opened from the UK).
Question about what to do regarding cars because obviously I will have zero credit history in Australia. I'm thinking of getting a 2nd hand Nissan X-Trail which costs about $25k and will need financing but from what I read I need minimum of 3 months payslips to get a car loan. What would you suggest for car in the first 3 months? Should we do one of those "long-term rental" from Avis, Hertz, etc? Or is there another option? I looked online but it doesn't seem there's an equivalent of a UK PCH (leasing) in Australia? Many thanks for your help. It's one of the few things I miss about the UK |
Re: Car options for the first 3 months
We rented from East Coast, who, despite their reputation, were very good. About $10 per day as far as I can remember. This was in Adelaide though.
|
Re: Car options for the first 3 months
Originally Posted by louie
(Post 12772567)
We rented from East Coast, who, despite their reputation, were very good. About $10 per day as far as I can remember. This was in Adelaide though.
|
Re: Car options for the first 3 months
There's really very few options when it comes to buying a car here. Australians regard second hand cars as highly valuable - its not uncommon to see a car listing for a second hand car with the owner wanting more money than what it would cost new. Strange, but its a mentality here.
I rented from east coast at about $1k a month, with a $4k excess. So it wasn't really worth it longer term as I couldn't save enough for a car. I would not go near a car loan here, the finance options are generally shocking with hidden charges, and dealers are typically very sneaky bunch with extra charges. My advice would be to buy a small undesirable second hand car (e.g Kia Rio 5 years old, < 100kms etc), and get by with that until you have enough saved for the car you think you need. You may not need an X-Trail. |
Re: Car options for the first 3 months
Originally Posted by rabble_rouser
(Post 12775466)
My advice would be to buy a small undesirable second hand car (e.g Kia Rio 5 years old, < 100kms etc), and get by with that until you have enough saved for the car you think you need. You may not need an X-Trail.
|
Re: Car options for the first 3 months
Originally Posted by kamb1ng
(Post 12772421)
What would you suggest for car in the first 3 months?.
I suggest buying a cheap backpackers car for around $1,000 Always backpackers leaving the country desperate to unload their car Make sure it is roadworthy with more than 3 months rego When you are finished with it, on-sell it to another backpacker This way you have a cheap reliable car to drive around for three months, whilst you build up credit ratings and whatnot. We did this initially, before eventually taking out a loan for a better car . |
Re: Car options for the first 3 months
Originally Posted by PittwaterPrincess
(Post 12778944)
Hello
I suggest buying a cheap backpackers car for around $1,000 Always backpackers leaving the country desperate to unload their car Make sure it is roadworthy with more than 3 months rego When you are finished with it, on-sell it to another backpacker This way you have a cheap reliable car to drive around for three months, whilst you build up credit ratings and whatnot. We did this initially, before eventually taking out a loan for a better car . |
Re: Car options for the first 3 months
Originally Posted by PittwaterPrincess
(Post 12778944)
Hello
I suggest buying a cheap backpackers car for around $1,000 Always backpackers leaving the country desperate to unload their car Make sure it is roadworthy with more than 3 months rego When you are finished with it, on-sell it to another backpacker This way you have a cheap reliable car to drive around for three months, whilst you build up credit ratings and whatnot. We did this initially, before eventually taking out a loan for a better car . |
Re: Car options for the first 3 months
Originally Posted by rabble_rouser
(Post 12779202)
Personally consider this poor economy. It may not last 3 months. 7-8k should get a small working car good for a year or two.
|
All times are GMT. The time now is 7:20 am. |
Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.