Grant Clifton

But the best thing with that is make regular payments and extra payments if you can.

Work it out how much it's going to cost you.

If you want to get rid of it in a year's time, then work out what it's going to be and just start making those extra payments towards it, you know.

so i suppose it's little things to avoid to try and not get a start instead of a good one yeah well um i mean i'm under talk when i was 25 i went and splashed 60 grand on a look i think we've all done yeah yeah cars yeah um

If you cannot get that car, look, that's the best thing.

But I see guys want the latest and greatest cars, and they'll go and spend $10,000 on accessories and pump it up and do all that sort of stuff.

But just have a look at what it's actually going to cost you.

Ask the person where you're going to do the finance, what's this going to cost me overall, and then work it backwards.

So if you're spending $60,000, figure out what the payments are going to be, and you'll soon see that you're probably going to pay back about, on a $60,000 loan, probably $90,000.

So the best thing is to not buy it.

Can you make do with a cheap car?

Most guys buy a cheap car, buy a flash ute, sorry, or a flash car to impress people at the survey that don't even know.

You know, just to get the

I'd ride choice wheels, mate.

You've got to find the balance.

And look, if you do want to do that, speak to a broker because they'll get you the best rate.

And don't go and just get any rate.

Some of the rates I've seen on car finance can be up to 12%, 13%, 14%.

Well, sometimes the banks aren't best for car finance.

Absolutely, yeah.