We really need some financial advice on buying a new car?

please :) .. Ok my partner and i need a new car. We have a small family (1 2yr old son). Right now we own a VT holden commdore with $4000 remaining on the personal loan we got to buy the car off a family member but as the car is getting older our pockets r constantly being emptied. Every week there will be something new that will go wrong with it. We have currently paid for $3492 in new parts and repairs. It uses a tank a week in fuel (approx $70) and we starting to not feel 'safe' in our own vehicle. We want a new car but were not sure what to do with the old one. Its putting a strain on our family income having to come up with great lump sums every 1 or 2 weeks. Were not sure if we should trade the VT in at the time of buying the new car or if selling it privately, paying off the personal loan and then buying the new car is the way to go? What would you do? Were looking at FINANCING a Holden 2007-current and right now the fave is a VE wagon. Very fuel efficient, reliable, enough room for us who travel 1000kms 4 times a year.. Any advice would be greatly appreciated. Thank you :)We really need some financial advice on buying a new car?
I would try selling your current car privately try to get your money's worth before trying to trade it in. If you don't receive any offers for awhile then I would considerer trading it in for the 2007 Holden and finance the rest.We really need some financial advice on buying a new car?
Are you sure that that's income and not just plain old spending?
If you want to find the best car loan deal, you'll need to think outside of the box a bit. Getting information on the generalities of car loans is the relatively easy bit. There are plenty of glossy brochures with flashy cars on the front and models driving them. Then there are the newspaper and TV ads etc. The problem though is then deciding which is the one for you.





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There are various techniques you can use for this ranging from picking one out of hat like a raffle, right up to doing a full in-depth analytical study of all the products and coming to a conclusion. If you're either very lucky or have vast experience of the finance industry, the above methods may work well. If not, you may have some troubles sorting out the good offers from the not so good.
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