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  • Is it time to upgrade your car?

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    As the Academy Award-nominated Australian film Mad Max: Fury Road indicated last year, we are a nation that loves its cars. It's no coincidence that one of the country's most successful cinematic productions is essentially focused around one long car chase.

    Whether Max Rockatansky had anything to do with it remains to be seen, but 2015 was also a bumper year for car sales. According to figures from the Federal Chamber of Automotive Industries, Australians bought 1,155,408 passenger vehicles in the last 12 months, a 1.7 per cent increase on 2014. Could it be time you traded in your old bucket for some brand new wheels?

    Taking out a new car loan can be the first step towards making the roads in your city a safer place.

    Protecting yourself and those around you

    One of the best reasons for trading up your vehicle is to make yourself, your family and your fellow commuters safer. Attention in the car safety space has turned towards protecting pedestrians, with the Australasian New Car Assessment Program (ANCAP) recently focusing on innovations to minimise injury in the event of a collision.

    "With a concerning 7.9 per cent increase in pedestrian fatalities across Australia in 2015 there needs to be a strong focus on vehicle technology to help contribute to reducing this figure," said James Goodwin, ANCAP chief executive officer.

    To keep up to date with the latest safety specifications, taking out a new car loan can be the first step towards making the roads in your city a safer place.

    New cars are full of the most recent safety innovations.New cars are full of the most recent safety innovations.

    Reliability when you need it most

    To avoid incidents where you'll unleash your own fury on the road, it helps to know that your vehicle is reliable. The J.D. Power 2016 U.S. Auto Avoider Study found that 55 per cent of new car buyers in the US cited better reliability as their main reason for purchasing a new car, so you can see that it's a huge concern.

    In today's fast-paced business world, the last thing you need are unexpected delays, and anyone who has owned an older car knows the sting of financial pain that can come with regular maintenance. A brand new car can give you greater peace of mind, as they are less likely to have mechanical problems, and if they do most will come with a few years of service warranties.

    If you think the time might be right for you to get yourself a new ride, speak to Mortgageport about securing a car loan. Who knows when you might need a safe, reliable vehicle to get you across the parched desert of Australia.

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