The Savings Tip Jar

111: How to get a good end-of-financial-year car bargain with Carma's Peter Willis


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On this week's episode we're talking about end of financial year, especially when it comes to cars. So we had Peter Willis on, the director of buying at used car marketplace Carma. We discussed how to spot a deal, the tactics that dealers use, and all the due diligence you need to do before taking the plunge. Plus, his savings tip is wheely pertinent and unlike any other we've had on the pod!

Plus we spoke with resident finance journalist Harry O'Sullivan on Queensland's Boost 2 Buy scheme, a new shared equity program that chips in for your first home in exchange for the equivalent share of equity. We discussed if this could actually be a secret money maker for the government, leveraging capital gains and potentially tipping more first home buyers beyond the stamp duty threshold.

Harry's article:

https://www.savings.com.au/news/boost-to-buy-queensland-first-home-buyers

And all the latest news and savings tips.

00:00 - Intro

02:30 - Savings Tips, check insurance in super and laundry sheets

05:09 - CPI pretty soft at 2.1%

09:20 - NAB and BOQ savings account cuts

13:06 - Unemployment steady at 4.1%

17:43 - Harry on the Boost 2 Buy Qld scheme

28:52 - Peter on EOFY car deals

38:13 - Outro


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The Savings Tip JarBy Savings.com.au