dream car


To help you out, we’ve put together everything you need to know to get you into your dream car and on the road, fast – and without a fuss!

1. Work out your budget

First off, you need to work out how much you can realistically afford to spend each month on a car repayment without blowing your budget. Make sure you consider things such as living expenses, bills, food and the occasional coffee (!). Once you have that figured out, head to a personal loan calculator to find out what you can afford to spend and what your repayments might be. Don’t forget to factor in insurance and maintenance costs. These won’t be included in your monthly repayments; you’ll have to come up with those funds too.

2. Apply for a car loan

Unless you have a huge amount of money saved, you’ll need a car loan to finance your dream set of wheels. A car loan works like a personal loan, the only difference is that it can only be used for the purchase of a car, which is then held as security.

It’s a good idea to have your finance lined up before looking for a car. It puts you in a better bargaining position because you know exactly how much money you have to play with – especially if you’re buying from a private seller.

People’s Choice Credit Union can help you finance your dream car. It’s one of Australia’s largest credit unions that offer a great Personal Loan alternative to the big banks. With 345,000 members Australia-wide, People’s Choice is focussed on people, not profit. They offer fast pre-approval, competitive interest rates and fixed rates for the first five years.

3. Shop for your dream car

Now you’ve secured your Personal Loan it’s time for the fun part – shopping for your dream car. Before you start visiting car dealerships, check out your fave celebs {below} and their cars. Celebs are more like you than you think. They have busy lives, places to go and kids to drive around, just like you… so scroll down for some new car {or upgrade} inspiration.

4: Start paying your car loan

After you’ve found your perfect car and the sale is finalised, you will get information about the payment schedule for your loan. It’s a good idea to sign up for the online service so you can make payments and check your balance, anytime, anywhere. FYI: People’s Choice Personal Loans have no monthly account fees, flexible repayments {you can pay weekly, fortnightly or monthly}, and there are no penalties if you want to pay a chunk off your loan. It doesn’t get any better than that!

5. Happy {safe} driving

+ stay tuned for more of our ‘finding the perfect car’ posts!


This article is in collaboration with People’s Choice Credit Union.
Terms & Conditions apply to any products you consider.
{*bellaMUMMA only collaborates with brands and products she would recommend to her friends!}