So. I'm looking for some advice about buying/leasing cars in Australia. I'm originally from the US...

I had a Falcon with 450,000km, it was a piece of shit. I've got an e39 BMW atm with 250,000km. Also shitty due to age, already spent like $10k in a year and a half on fixing it.

I'm not on just any old Centrelink, I'm on a Carer's Payment pension thing and rent assist. Pays $1600 a fortnight. The reason I really want this car is because I looked into how much I could budget for loan repayments on a 5 or 6 year loan, and this is pretty much the best thing I can get in that range, and I really like it.

I can't help you but I'm supportive of your choice in car.

Very nice.

I did expect slim to no chance on getting a loan that high, but I figured I'd give it a go anyways and hope for the best. Kinda just looking into all options before I give up completely. If anyone knows anything about leasing cars in Aus, I'd really appreciate some info.

This thread is a great example of why poor people stay poor.

Don't think you read the thread very well then... I've never gotten nice stuff for myself. Everything has gone towards the kids since they were born. I wanted to go this car because it's something I like and something that, at least on paper, I can safely budget for. I didn't even start looking at options until I had a price range I could work with. It's not like I'm going after a new supercar when I can't even feed my kids. I'm going after a used, decent car, that I like, but is still practical, and is within my budget after bills, groceries, etc.

300C is a POS, just get a fucking SS Commodore you seppo cunt

I'll pass. All the research I've done and my prior experience working with GM has lead me to a different conclusion. Thanks for the input though.

to make it even easier to spot newfags and normies like you

Fair enough. lol
Can't really argue that. Haha. I'm unfortunately pretty "normie". Not really new, just don't use Veeky Forums much, and when I do it's generally not in Veeky Forums. So, close enough I guess? lol

"I don't wanna buy GM"
"So I really like this Chrysler"

...what's the problem? Research on the 300 made me want it more, and I've worked on GM at a dealership and the quality was so bad on literally everything they sold, including brand new Corvettes, that I went from being a GM fan to wanting nothing to do with them.

Granted, that was in the US, so maybe the Aussie breed of GM is a different beast and I'm being unfair. That said, I still like the 300 better than pretty much any Holden I've seen since I've lived here... so there's that.

Fuck you. OP can like whatever he likes Its true he could find something just as fast and definitely more reliable from Holden or Ford for a lot less but people can like whatever they like

They can like whatever they like, but what they can afford is a different matter.

I feel for you, OP, raising 2 kids on your own and not being able to work is a fucked situation.

However, no one is going to finance you 30k on welfare, within your budget or not. Also leasing is going to cost you far more than buying outright. You say you don't want to spend thousands on maintance but fuel, servicing and insurance and rego alone on a big fucken 5.7L sedan is going to be substantially more than on something smaller, more reliable and more practical.

I know it sucks, but you're gonna have to put the kids first for a while yet m8.

I'm taking into account the price of fuel and insurance. Rego is free for me because the payment I'm on is considered a pension.

As for the kids coming first, they always do. That wouldn't change.

Buy a 3k Civic and suck it up. Shouldn't have had children if you couldn't manage finances or even have your life prepared for them.

You realize the Chrysler 300 is basically a shitty Mercedes and will keep you poor just like your shitty bmw right? Fucking stop it.

Hey look, an asshole who clearly didn't read the thread! Neat!

A. I had a good job before I had to stop working. B. Planning for your child to have special needs isn't generally something people take into account. C. Even if it was, nowhere did I say anything that would lead you to believe that I couldn't manage finances or deal with life with them. They're well cared for, have everything they need and want, and like I said several times... I originally got interested in this car because it's in a price range that I can ACTUALLY afford repayments on. The issue is actually GETTING the loan, not paying for the loan.

Unfortunately in Australia, even if you can sit down with the bank officer and go through expenses and show them you're able to make the payments, which I did by the way, they can still only go based off the expenditure models.

You have a health care card? I know you get a discount but I didnt think it was free. Fucking fuel is expensive at tbe moment, in Melbourne anyway.

I just quickly punched 30k into a loan repayment calculator over 60 months at 12% (maybe you could get a secured loan but if it's older than 5 years a lot of lenders will only offer a personal loan at a higher rate) and you'd be looking at about
677$ a month in repayments, repaying 40k in total for a car that will be eorth less than half that at the end.

So 330$ a fortnight of your $1600 income. What's your rent/mortgage look like? Insurance, medical expenses?

Or you could get rid of the bmw and get a VE with a nice interior and less than 100000 km on it for under 12k.

Your choice big fella but I've known a few people who used the "we've never had anything nice" excuse to justify buying something they couldn't actually afford. They ended up broke as all fuck.

Except for the whole having less than half the KMs of my BMW, being 10 years or more newer, and being significantly cheaper to work on... sure... TOTALLY the same. lol.

I have a health care card and pension card, yeah. Rego is free as long as you're only doing it for one vehicle. More than one isn't free. Fuel is kinda expensive, but my car now does even worse on fuel than the 300 would, so that's in the budget already. I was looking to get somewhere between 20k and 30k as an absolute max. I'd ideally like a 5 year repayment, but I could deal with 7, even though I'd probably cry by then. lol. The budget I had planned would be around $600/mo repayment with $700 being possible, but without the wiggle room of $600 or less. Rent is like $400 a week, don't have private insurance. Most of my son's stuff, therapy, specialists, etc is covered under NDIS.

What is a "VE"? One of the main reasons I originally even started thinking about a new car is because maintenance on BMW is insane, and because even though it's a 4 door sedan, my kids are already starting to run low on leg room. I also really like the looks, inside and out of the 300, and the whole Hemi thing doesn't hurt either. lol.

Like I said, I knew when I started looking that getting that kinda loan on Centrelink, even one of the highest paying and most stable payments they have, would be... a longshot, but I want to do everything I can to try before I give up on it. Getting something nice for a change would be a pretty huge moral boost, and I could really really use that. lol

>kids always come first
>I want to buy this expensive, unreliable, thirsty Chrysler (that's actually just a shitty Mercedes with the veneer of american 'luxury') with money I don't have

Pick one and only one.

>an American in Australia
How did you pull that off without being told "fuck off we're full"?

Heeey, another asshole who didn't bother reading the thread before being an asshole. Welcome to the party!

A lot of time, money, and effort. Working holiday Visa, then got married and moved onto partner visa, to permanent resident.

Okay so that makes it fine to make the same fucking mistake again?

How fucking stupid are you?

I'm not sure if you like, can't read, or what... but what I said is pretty much the exact opposite of what you somehow took away from that. It's a car that much much newer, with much much lower KMs, which would be far more reliable, and much cheaper to maintain.

And you asked how stupid I was... lol. Your "only buy aussie made!" thing is perfectly fine, as long as you don't let it make you see the exact opposite of what people say...

Children shouldn't be allowed to have children.

A VE commodore? Or a falcon? Or something smaller?

You've got your heart set on a big fucking car that you're already imagining yourself in, with half your income already going on rent, you want to put more than a 3rd of your "disposable" income into a fucking loan?

What about electricity, gas, water, phone? School fees, books, fucking laptops and excursions and stuff like that? You don't have contents insurance or car insurance? That's being a dickhead.

I'm a bit worried for you man. I was getting paid 23 as a 19 year old in 2005, 25.50 or whatever your last job was is not "doing alright" its not even a fucking grand a week before tax.

Times are tough bro and youre in pretty hard circumstances. Don't make it worse by getting a car you don't need. You want a morale boost, ditch the bwm and get something relatively new, easy on fuel, big enough for the growing kids.

Ohohohoho. Nice comeback man. Really burned me there... so well thought out and clever! Fuckin' natural genius you are.

Get some fucking money to buy things instead of getting raped by the Jews your entire life.

>waaaaaah nobody is indulging the echo chamber I so clearly crave!!!

Get your priorities on straight.

Chryslers are neither frugal or reliable. And if I remember correctly, you were complaining about sinking '10k this year' into a BMW with 250k kms, no?

No matter how much you think you can rationalise it (which you clearly can't, of you haven't noticed), trying to buy a big thirsty and unreliable American car is not a good decision.

If you want a 'nice' car, buy an Aurion.

It's decently quick, reasonably economical and because it's a Toyota it'll run until the end of time with only normal servicing.

Take a step back and have a think about what you're trying to achieve here.

>single parent of two kids
>on the dole (hurr carer's payments don't matter, you're still unemployed)
>trying to finance a 20-30k car which you probably can't afford the payments on

Open your eyes and use your brain before you make a bad decision that will impact your family.

Live within your means.

Going to have to agree with this one OP, aside from the fact he's the only non-dickhead trying to give you sage advice, an upgrade is a subjective term, especially when you're driving a BMW with a quarter million klicks

OP, is there anyway Centrelink will provide child care, especially for the special needs child so you can re-enter the workforce for supplemental income?

This bloke is saying exactly what I'm saying.

There's not much point continuing if you aren't going to act on the advice you came here to ask. Your bank has already knocked you back. Start looking at reasonable alternatives.

I appreciate the advice, and some of it's fair criticism. Few things though:

The amount budgeted that I could put towards the car was AFTER all bills and expenses.

When did I ever say I didn't have insurance? I said I didn't have private MEDICAL insurance...

Only a quarter of my income is going towards rent, not half. The loan repayments would only be a fifth of my income, not a third.

As for the pay... It seems pretty decent to me. I'm from the US, and I was making less than a grand a MONTH, working in mental health... Making a grand a week here made it really really easy to live to be honest. It was far more "easy living" than I've ever experienced before.

If it doesn't seem like much to you, than I'm real happy for you that you've never had to be too careful with money. For me, $25.50 an hour let me spend more freely than I'd ever done before. Being used to income I'd spent most my life working with, $25.50 is really REALLY easy to budget with.

Save your money to buy something out right, if the banks have been shuttering you, it's probably your only other option

I would try and find some dipshit P Plater and see if he'd trade for the BMW

Sorry i just read it as 1600 a fortnight income, 400 a week rent, so half your wage goes just on rent.

I didn't want to sound like I was bragging, just trying to suggest that 50 k a year doesn't go very far these days especially with a family.

Believe me I've been hard up, plenty of times, and its fucking stressful. Dumb loans played a part of that. I'm doing alright now, (I was away from home 4 months last year, 3 months so far this year, yes the moneys good but i fucking earn it) but I wouldn't consider a 30k loan to be suitable for a rapidly depreciating asset like a 300c.

My priorities are straight. Like I've said before, I originally got interested in this car because I thoroughly went through and made a budget, calculated what I could comfortably pay, and what the absolute max I could pay would be, and only then started looking in that price range. I've looked at a lot of sources, and the 300 seems relatively reliable. Not as reliable as say, the Aurion you mentioned (which btw is a good suggestion), but I wouldn't have to worry nearly as much as I do with the BMW, and when it did get to that age in how many years, the parts and such are much cheaper than what I spend on the BMW.

I don't want an echo chamber, I'm perfectly fine with criticism and advice, but people commenting just to be an asshole is pointless.

I've spent almost 40 years "living within my means". I wouldn't want this car if it was outside of my means. The reason I want it so much is because I basically went through "what's the best car I can get within my means". If I was going outside my means, I'd be asking how I can buy a 2017 M5 or M6 Grand Coupe or something.

That's my entire point. I'm not saying "How I can afford anons!?" I'm saying, I've taken substantial time to budget out expenses, come up with what I CAN afford, and looked within that range. I wouldn't have even bothered looking if I couldn't afford it. This post was about hopefully finding a way to get a loan, that again, I can afford payments for, or even a lease.

Hell, If anyone knows any jobs that'll let me work 4 hours a day and be totally fine with sometimes several times a week having to be like "Hey, I know I just got here half an hour ago, but my son's school called and need me to pick him up, sorry!", but that can still pay enough to be worth sacrificing my payment for, by all means, please tell me. I'd love to actually be able to make my own money instead of having to rely on government help.

Look. I deal with a lot. I've got two kids, one with special needs. It's extremely stressful. I spend a lot of nights without sleep because one of them decides to wake up at midnight or something. All my family lives back in the US, so it's literally me and only me. No pawning them off on the grandparents for the weekend, or if I'm sick or stressed out. Pretty much feel like I'm on the edge of sanity a lot of times. Figured since I NEED a new car, maybe I'd look into something that I could actually enjoy for myself. I'm not looking for pity or anything, just don't need angsty pricks trying to shit on my post. Good advice or even criticism is perfectly fine though.