Preparing for road trip holiday season: Which car? Which car loan?

The Christmas summer holiday season is fast-approaching and it’s time for many to start making concrete plans for where to go and how to get there. While many will be making overseas trips, holidaying in Oz is a great idea. Road trips to discover more of this great country can be a great way to holiday for individuals, couples and families. What you’ll need is a car suitable for the trip and for many buyers, a car loan to purchase a new vehicle.

To ensure the car loan doesn’t impact the holiday budget, buyers will want to be seeking an affordable car loan that works with their budget. With the RBA indicating further rate rises, sourcing the cheapest interest rate car loan is key for many buyers and can be sourced through Jade Car Loans.

To assist road trip holiday makers prepare for the upcoming season, we provide car buying inspiration with the latest top selling models and car loan information with our better interest rate vehicle finance options.

Which car? Latest Top Selling SUVs

The type of car required for a road trip will depend on the type of terrain planned to cover, what luggage needs to be taken, how many people are along for the ride and what extras need to be towed. We’ve drawn on the September top selling car figures for your inspiration. Supply issues are still prevalent in some markets, so having second and third preferences can be a good idea.

If planning to stick to the black top and cruise the coast or rural areas, a sedan or possibly a roadster or convertible may be a great choice. The top three models in the Sports category over $80,000 were the BMW 4 Series, Mercedes Class convertible and the Mercedes E-Class.

SUVs have surged in popularity in recent years and are the versatile choice for holidays and recreation as well as daily drive commitments. They have the luggage space to accommodate a range of requirements and depending on the size, are suited tow a boat, caravan or trailer with dirt bikes.

When buying an SUV, be mindful that not all Sports Utility Vehicles are four wheel drive or suited to off-road driving. If you’re planning to head off-road to explore tracks and trails, ensure you select a vehicle that is suited.

In the light and small SUV categories, the top selling models for September included the Mazda CX3, Kia Stonic, Mitsubishi ASX, Volvo XC40 and Audi Q3. Stepping up to the medium SUVs and top sellers included the CX5 from Mazda, Tesla Model Y, Mitsubishi Outlander, Mercedes GLC, BMW X3 and Toyota’s iconic RAV4.

In the large SUV categories Toyota’s Prado and the GLE from Mercedes-Benz topped their price ranges. Also in the mix are the MUX from Isuzu, Subaru Outback, BMW X5 and the Volvo XC90. For those that want plenty more grunt, check out the top sellers in the upper large SUV category. Here we’re talking big performers such as the LandCruiser and Patrol and the Mercedes GLS and Audi Q8.

For large families, a people mover may be required to ensure everyone can come along for the holiday. The top selling people movers in September were the Kia Carnival, VW Multivan and Hyundai Staria.

For road trippers that need their vehicle for work action as well, the classic ute is a great double-duty choice. The perennial top sellers in this category continue to the be HiLux, Ranger and Triton. But there are plenty of other sports utes worth considering.

Where supply may be an issue and buyers are keen for a quick purchase, speak with us first and arrange pre-approved car finance.

Which car loan?

Selected which car loan may be a lot easier than selecting a car. Rather than shop around for the cheapest finance, buyers can engage with Jade Car Loans to deliver the cheapest loan offer from across multiple lenders.

In regard to the type of loan, our Secured Car Loan is suited to most new cars and most private buyers. We achieve cheaper business car loan rates but the specific rate offered will depend on the individual assessment of the loan application.

Interest rates on motor vehicle finance, like other lender markets, are affected by RBA rate rises. With another and possibly more cash rate rises imminent, buyers are urged to move quickly before the next increase.

Where to?

With car and car loan sorted, it’s time to plan the road trip route. The choices may be many with a wealth of great destinations which can be reached and accessed by car. But the recent rain events both earlier in the year and through the spring have seriously impacted many regions.

Currently, there are flood-affected communities across Victoria, Tasmania and New South Wales. It is expected that areas of South Australia could be impacted as the waters flow downriver.

A few things regarding visiting areas which have been subject to rain events and/or floods:-

  • Be mindful and respectful that these communities may have suffered considerable damage and emotional distress. Facilities and services may not be at their best, be considerate. In some instances it may be advisable to take water and some essential so as not to be pressure on local stocks and supplies.
  • Be smart. Don’t travel through flooded roads, follow emergency services advice and stay across road authority notifications when plotting a route.
  • Be supportive. Wherever possible, support these communities as they recover by visiting and spending holiday dollars to assist businesses get back to normal.

An Australian summer road trip can be an incredible experience. Speak with us to assist with a cheap car loan to purchase the ideal vehicle for the journey.

Contact Jade Car Loans at 1300 000 003 for cheaper private car loans.

DISCLAIMER: IN REGARD TO MISREPRESENTATIONS AND ERRORS CONTAINED IN THE MATERIAL AS PRESENTED, LIABILITY IS NOT ACCEPTED. THE DETAILS AND CONTENT IS PROVIDED FOR CAR BUYERS AND INDIVIDUALS AND BUSINESS SEEKING FINANCE PURELY AS GENERAL INFORMATION. THIS IS NOT PROVIDED AS THE ONLY SOURCE OF FINANCIAL INFORMATION. ANYONE THAT CONSIDERS THAT NEED FINANCIAL ADVICE ABOUT THEIR SPECIFIC REQUIREMENTS SHOULD SEEK THEIR OWN FINANCIAL ADVISOR.