You've worked hard to save a deposit for your dream car - now what? We've compiled some tips to help get you on the road smoothly!

Budget for ongoing costs (try our budgeting tools!)

You've done the initial saving, but it's important to make sure you've accounted for the ongoing costs of your new car. If you estimate and budget for the cost of ongoing maintenance such as servicing, registration, tyres, fuel and car insurance you could prevent the shock when bills start rolling in. Our Expenses Planner Calculator can help give you an idea of how much you will need to set aside and our SmartBudget account could help break down large payments into smaller, regular deposits across the year.

Help protect your new wheels with CGU Insurance

It's important to help protect your investment by adequately covering your new car. Through our insurance partner CGU, you can choose from five levels of cover designed to suit different needs and budgets.

To explore your options or get a quote, visit our Car Insurance page.

Buying a second-hand car? A pre-purchase inspection may save you in the long run

If you're considering purchasing a used vehicle, a mechanical pre-purchase inspection could be a smart step to take. While it may cost you up front, it may help you avoid buying a vehicle with hidden issues, potentially saving you thousands down the line.

Plus, check the Personal Property Securities Register

Another tip for purchasing preowned vehicles is double checking the Australian Government's Personal Property Securities Register (PPSR). For a small fee, the register can confirm if there is debt owing on the vehicle and may be able to advise if it's been recorded as stolen or written off. It’s a simple check that offers valuable peace of mind.

Organise finance (we can help with that!)

If you’re ready and eligible to take out a loan, our lending specialists can help you through the process. We offer a range of car loan options to suit different vehicles and budgets:

Use our Personal Loan Calculator to estimate your repayments and understand the potential interest over the life of the loan.

Online Application

Internet Lending Privacy Collection Notice

Queensland Country Bank collects your personal information to assess your application, verify your identity, manage any products or services you hold with us, and comply with our legal and regulatory obligations (including under the Privacy Act 1988 (Cth), Privacy (Credit Reporting) Code and Anti‑Money Laundering and Counter‑Terrorism Financing Act 2006)

Our Privacy and Credit Reporting Policy explains how we manage your personal information, how you can access or correct it, and how to make a privacy or credit reporting complaint. Our Privacy and Credit Reporting Notification outlines how Queensland Country responsibly handles the collection, use, storage, and disclosure of your personal information, including credit-related details and credit reporting (including the credit reporting bodies we deal with).

Our Electronic Identity Verification Collection Notice explains how we will manage your personal information if you consent to us verifying your identity documents (e.g., Australian drivers licence) electronically using the Attorney-General’s Department’s Document Verification Service (DVS). You do not have to agree to verify your identity documents electronically. If you prefer not to provide your identity information online, you will be able to choose to verify your identity in person at a Queensland Country branch using your identity documents.

 

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By continuing with your application, you:

 

Products issued by Queensland Country Bank Limited ABN 77 087 651 027 AFSL/Australian Credit Licence 244 533 are subject to applicable conditions, fees and charges, which may vary or be introduced over time. Further information and terms and conditions are available upon request. Approval of credit products is subject to our lending criteria. The information provided is general and does not consider your individual objectives, financial circumstances or needs. Before acting, assess whether the product is suitable for you. Please review the relevant disclosure documents, before making any decision. Target Market Determinations for our products can be accessed at any time.

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Enjoy your new wheels!

 

This information is intended to be general in nature and is not personal financial advice. It does not take into account your objectives, financial situation or needs. Before acting on any information in this article, you should consider the appropriateness of the information provided. In particular, you should seek independent financial advice.

Queensland Country Bank Limited ABN 77 087 651 027, AFSL 244 533 acts under its own AFSL and under an agreement with the issuer Insurance Australia Limited under the CGU brand ABN 11 000 016 722, AFSL 227681. Any advice provided is general advice only and does not take into account your individual objectives, financial situation or needs (“your personal circumstances”). Before using this advice to decide whether to purchase a product, you should consider your personal circumstances and the relevant the Product Disclosure Statement and Target Market Determinations from cgu.com.au.

Terms and conditions apply. View the relevant TMD available at queenslandcountry.bank. Normal lending criteria, terms, conditions and fees apply and are available on request.

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