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Tips for buying a car

1. Set your budget.

What are you willing to pay for a car? What can you realistically afford to fund? Have a clear understanding of your finances and know where to set your maximum… keeping in mind you don’t necessarily have to reach your limit. Don’t forget to leave room in the budget for all those extra costs such as insurance and registration.

Use our Car Loan Repayments Calculator to see what your repayments could be.

2. Find your car.

There can be so many choices when it comes to purchasing a car. New or used? Automatic or manual? Do you want a car that is small and economical? Maybe a car that is large and powerful? Or are you purchasing the main family car? Maybe you’re even considering going electric to make a positive impact on the environment.

You will need to sit down and have a think about all the different features you want and work out if they can fit within your budget. Check websites like for a better idea of which car you really want, and your price range.

3. Test drive it and ask a mechanic to check it over.

Once you have found the car, make sure you inspect it thoroughly. Peer inside it, open and close every bit of it, check the air conditioner, speaker and horn! But, don’t get too excited… yet. Take it out for a test drive and see what it is like. Remember, you could be driving this car for many years so you want to make sure you are comfortable in it.

Next, seek an expert’s opinion on the car. Ask a mechanic to inspect it so you know it is mechanically sound before driving away in it.

4. How will you pay for it?

Some of us haven’t quite saved enough for the full cost of the car. You might need to get a personal loan to finance all or part of it.

If you’ve got pre-approval or you’re ready to apply for a loan, we’re ready to help.

5. Protect it.

Whatever car you choose, where ever you drive it, we can cover you with Motor Insurance. Just tell us what cover you need and we’ll arrange it. Peace of mind doesn’t get much better than that.

Compare our car loans

Check out our great range of car loans to find one that suits your needs.

Get in touch

To find out more, speak to our friendly staff:

Call 1300 131 844 during business hours
Email us at [email protected]
Visit a branch

Mail: PO Box 6074 Halifax Street PO, Adelaide SA 5000

If any of your CDR data is incorrect, please contact us. You can also send a Secure Message via the Inbox in Online Banking or the Banking App. We will not charge any fee for requests to correct customer CDR data.

If you have a complaint or an issue, please read about our complaints process here.

How can we help?