Westminster National Finance Broker blog

Easily calculate the real cost of buying and running a car

  • Category: Personal Finance Articles and Resources

Buying a car is an emotional decision. The type of car you buy is important because you'll own it for a long time so it has to meet your needs.

ASIC has recently launched The MoneySmart Cars app that helps you become an informed car buyer and gives you more confidence and control when you go into a car dealership.

The app helps you:

  • Save money by giving you the real cost of your car purchase
  • Avoid common car buying traps and identify hidden costs
  • Find alternate ways to finance a car

This app is ideal for you if you're ready to buy a car. You'll get an initial result of what your car will cost and you can further personalise the result by inputting details of your car and loan options.

Click here for the Craig Lowndes 1 minute demo https://www.youtube.com/watch?v=5fZwOknWaOA  and search your App Store under Moneysmart cars.

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