Welcome to the Melbourne Community Daily Discussion Thread.

  • Cendana@lemm.ee
    0·
    1 year ago

    Anyone here have suggestions/know of an unbiased financial advisor?

    We’re paying way too much on car rental now so looking to replace that with our own car.

    Tossing up between buying a brand new 2023 Corolla hybrid sedan for $37k driveaway, getting a used 2020 Corolla hybrid hatch with 52000km for $30k driveaway (but my wife and I collectively agree that the 2023 option would be better). From dealer.

    Also tossing up between a novated lease vs a People Choice Credit Union car loan (not doing cash anymore). Have trouble doing a true comparison taking into account the balloon payment but from my limited abilities, it seems like the CU is cheaper when factoring in that $11k novated balloon.