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Financial Literacy: Buying a Car (Y12)

Making wise decisions about money is a skill that everyone needs to know.

On Line Car sales sites

Websites such as

www.redbook.com.au 

www.tradingpost.com.au

www.drive.com.au

and

www.carsguide.com.au

are reliable and informative guides to finding your first or next car. 

Changing ownership of a car

Transferring registration

If the used car you buy is leased or has money owing on it, the financial institution involved can take steps to have the vehicle repossessed from you, even though you were unaware of the situation. You can find out more from the Office of Fair Trading.

 

 

(Credit http://eschericchia.giovani.it/)

Costs of Running a Car

Costs of running a car – budgeting for car expenses

 

Explains the running costs associated with running a car, including purchase costs, registration, insurance, petrol prices, servicing and repairs, and more.

What you should know about buying a car

How to buy and maintain a new or used car. Learn about the process for getting a roadworthy certificate, buying and insuring your biggest investment to date.

 

 

 Arm leg both

  

 

(Credit www.Autoguide.com)

How about at a Government Car Auction?

 

The Public Trustees runs regular auctions of cars on behalf of QFleet and Queensland Government Departments.

   

(Credit QLD Public Trustees)

Get details of the next auction at  http://www.pt.qld.gov.au/

 

Click here to get a set of frequently asked questions about buying a car at auction.

Car Insurance

Compulsory third party (CTP) insurance is collected with vehicle registration. It indemnifies vehicle owners and drivers who are legally liable for personal injury to any other party in the event of a motor vehicle accident. Registration also allows common safety standards to be enforced and provides an efficient system to prevent the re-registration of stolen vehicles.

 

Learn more...

Car Safety Certificates

All registered cars in Queensland must have a current Safety Certificate before they are offered for sale. Significant fines apply for failing to display a current Safety Certificate.

In the case of a private sale the Safety Certificate is valid for a period of two months or 2,000km, while for dealers the Safety Certificate is valid for three months or 1,000km - whichever comes first. You should check that the certificate is valid before you commit to the purchase, as the transfer of registration cannot be completed without one.

Learn more....

Key Sites

LIBRARY CATALOGUE

QLD Government Rules on Buying Cars

 

(Credit  Queensland Government)

Department of Employment, Economic Development and Innovation.


My Car

 

my car

(Credit http://www.ehow.com)

For the final word on "ridig in cars" listen to Ted Mulry

(if only to check out the Mulletts!)