Sep 07th, 2023

3 Tips For Finding The Best Ute

So you are thinking of purchasing a ute?

Well 2018 is still young, which means it’s a great time for a fresh start, kicking new goals and making positive changes to your life. So with that being said, it makes sense to have a fresh set of wheels to match the new you (in other words, permission to purchase that new ute – granted).

But like any major purchase, there are many things to consider when buying a ute.

Inevitably you will weigh up the costs, practicality, aesthetic preference, and of course the safety rating of the vehicle (don’t forget that last one). But what about all the other important elements you need to think about?

“What other elements?” I hear you say.

When buying a new vehicle, there are a few common (yet important) criteria that people frequently skim over, or forget to inspect altogether. Today, we are going to outline the top three tips for finding the best vehicle for you, so when the time comes to buying that perfect ute, you know exactly what to look for.

3 Tips For Finding The Best Ute

#1 Do your research

It’s very easy to get sucked in the spell of an attractive vehicle. However, doing your research on the make, model and background of the car (particularly if it is pre-owned) is extremely important.

Become an expert on the vehicle you are interested in by examining official reports, having a detailed vehicle history report carried out and by doing your research online. At Rostron Finance, we perform a PPSR search, which will reveal if a used vehicle is stolen, written off, or carries any unpaid debts to other finance companies.

Thoroughly look into the model of the vehicle to find common defaults and be prepared to ask the seller any relevant questions. You can also get a good idea of the fair market price of the vehicle simply by researching the specific model and year.

#2 Get down and dirty

Sure some motors are bought purely for pleasure (the vast range of sexy utes on the market labels them not just a workers’ vehicle). However, a majority of pre-owned utes have been used for some type of laborious work in the past.

Any small issue you find with the vehicle now could be the potential for a greater issue down the line. To ensure you know exactly what you are getting yourself into, don’t be afraid to get underneath the vehicle and check for any signs of damage, leaks or rust before leaving a deposit.

You should also check under the bonnet for leaks, the condition of the coolant and the oil. If you are unsure exactly what to look for, it is a good idea to take someone with a sound knowledge of motor mechanics to check over the ute for you or have an RACQ inspection done on the vehicle.

#3 Understand your finance options

Once you are sure you have found the right vehicle, it is time to think about finances. Paying with cash isn’t always the best option as there are usually tax advantages if the ute is being bought for a commercial purpose. Therefore borrowing via a loan may be the best way forward.

With such a wide range of lenders and repayment options to sieve through (and let’s not forget the crafty sales techniques of the seller), it can be difficult to know which is the right option for you. If you are unclear on how much money should you put down initially, whether you can negotiate on the interest rate of the loan, or if there are any hidden fees in your arrangement, you may find it beneficial to read our blog 6 Things To Consider Before Applying For A Car Loan, before signing that dotted line.

Alternatively, you can receive a free motor finance quote on our website, or speak to one of our professionals on 1300 70 70 39 who will be happy to answer any questions you may have.

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Finance in NZ insurance option considerations
01

Comprehensive Insurance

Comprehensive insurance, refers to a comprehensive coverage policy that offers extensive protection across various domains. It is a type of insurance designed to provide all-encompassing financial security in specific areas, such as health, property, or business. Comprehensive insurance typically covers a wide range of risks and scenarios, ensuring policyholders are well-prepared for unexpected events and potential losses.

Finance in NZ - the importance of shortfall gap cover insurance
02

Shortfall Gap Cover

Shortfall Gap Cover (Also known as GAP) covers you in the event that your vehicle is written off. Gap cover is recommended for anyone that is financing a large portion, if not all, of their vehicle and is taking out comprehensive insurance. Speak to one of our Rostron Finance specialists about the different covers, exclusions and maximum claim limits before making a decision if this is right for you.

Loan protection for finance in NZ
03

Loan Protection

Protect yourself from missing a payment and damaging your credit history. We understand that taking out a new loan can be a big commitment for some people and if something was to happen to you it could put you into financial hardship. Speak to one of our Rostron Finance specialists about Loan protection today.

Mechanical breakdown insurance for finance in NZ
04

Mechanical Breakdown Insurance - Commonly referred to as (Extended Warranty)

Navigate the roads with confidence, knowing that Rostron Finance Motor Vehicle Breakdown Insurance has you covered. Whether it's a sudden engine hiccup or a flat tire, our comprehensive coverage ensures you'll never be stranded, offering a reassuring layer of financial protection for your automotive journeys.

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