At Portsmith Fuel you’re guaranteed to receive the best possible service. Being locally owned and operated since July 1998, with a network of service stations in Portsmith, Edmonton, Stratford and Mareeba, we’ve been continually improving our standard of service to locals and the surrounding areas.
Become a local supporter today. Simply by refuelling your vehicle and purchasing your extras with Portsmith Fuel, you’re playing a vital part to keeping the money in the community. And what’s more, you could be in the running to win fantastic prizes weekly simply by purchasing your necessities from Portsmith Fuel Service Stations.
Whether you’re after a refill or a bulk order, we’ll look after you! With some of the best fuel prices in town, you can rest assured that you’re in good hands with Portsmith Fuel. And if you’re working back late or passing through, don’t forget about our hot food takeaways and cafeteria. Just relax in air-conditioned comfort with a great coffee and a hot meal. So come in today!
Portsmith Fuel also supplies Mother Ship fuel and lubricants on the East Coast and Torres Strait through Endeavour Shipping.
If you live in Australia and work with an employer who offers a novated lease option, you might have questions. This is a program that benefits you and your employer as far as taxes are concerned, and you might have a few questions before you enter into a novated lease agreement with a car dealership, lender, and your employer. Before you sign and agreements, find out the answers to your most commonly asked questions.
Is the car I buy for me?
Yes, your car is for you. You are financing the car with your own money when you enter a novated lease agreement with your employer. This money is not your employers. It is yours, and you are free to spend it as you see fit. The only thing your employer has to do is take the money for your payment out of your salary prior to paying you.
Does my employer have any say in my car choice?
No, your employer does not have any choice in the kind of car you buy. If they offer Novated Lease Stratton Finance, you are free to buy whatever you want without their input. There are not guidelines, no restrictions, and no input comes from your company. You’re going to choose the car you want and your employer is merely going to adjust your salary payments as necessary to make the car payment to the lender.
Can my employer take my car from me?
Your employer may not take your car from you for any reason. They cannot hold it from you if they feel you’re not doing your job, they may not take it from you, and they may not dictate how you use it. A novated lease does not provide your employer any sort of ownership or rights to your car. All it does it allow them a few tax breaks where their own finances are concerned, and they don’t care what you do with the vehicle you own and pay for.
What happens if I leave my job during my novated lease agreement?
It’s a commonly asked question. You buy a car with a novated lease agreement through your employer. If you decide to take a new job elsewhere, what happens to your car? You may take it with you and transfer your novated lease agreement to your new company. If they offer the same program, you can just transfer the agreement to them. You can negotiate a novated lease agreement if they don’t currently offer one and that’s how you pay for your car.
You can buy your own car with a novated lease agreement without providing any financial power to your employer. You are the sole owner and the only decision maker regarding your vehicle. It’s a beneficial financing option, but it’s one you might want to take advantage of before the offer expires.
There are several reasons why you may get a car finance application rejected by a lender such as bad credit score or if you’re self-employed and applying for credit for the first time. Here are tips on how to easily get approved for car finance solutions.
Clear your debts and demonstrate your saving capabilities
Before you approach a bank or a lender, ensure that you clear all your debts and show that you can save regardless of whether you’re seeking for up to 100% of the car’s value or part of the amount. It’s a way of demonstrating that you have disposable income and you’re financially stable to spend on car finance and other extras such as car maintenance, car insurance, or even fuel.
Consider using a guarantor or security
You might have to consider the option of applying for a secured loan. Secured loans for car finance allows the lender to place your car as collateral, and thus they can be repossessed by the lender if you default on the Car Loans by Stratton Finance. As a first-time borrower, you can get someone to be your guarantor.
Shop for an affordable car
Affordable car finance doesn’t necessarily mean buying a cheap car but instead seeking for a car finance option that doesn’t blow your budget. In fact, your application can be rejected right off the bat if you ask for too much. Remember, there are costs that add up such as stamp duty, registration, and car insurance, and thus investing in a car is more than just handing over an amount that is equal to the price ticket. Potential lenders might classify you as an irresponsible borrower if you don’t make these considerations.
Compare car finance options
Use resourceful tools like the internet to research the available viable options and car finance products before applying. Applying for any loan requires extensive research so that you can be in a position to make an informed decision.
Check your credit score
You have a right to check your credit reports and ascertain whether you have a good credit score. It’s possible for creditors to forget to notify you of outstanding debts or incorrectly report defaults.
A bad credit that shows a history of defaulting payments in the past may hamper your chance of getting approved for car finance from a potential lender. It’s your responsibility to fix any errors on your credit history and position yourself strategically for lenders, brokers, and car dealers before you apply for a car finance solution.
What to Do if You’re Behind on Your Car Finance Payments
It can be easier than many people realize to get behind on your car finance payments. If you recently lost your job, for example, keeping a roof over your head might have been more important to you than paying your car payments. This is just one of many situations that can cause you to fall behind, but once this happens, it can be easy to feel as if you’re drowning. Luckily, you do have options. These are some of the things that you can look into if you’d like to get out of this situation.
Try Negotiating With Your Car Finance Company
For one thing, it is important to stay in contact with your car finance company when you are behind on your payments. For some people, it can seem easier to ignore the situation that is going on. After all, if you don’t have the money to make the payments, you might not think that anyone from your car finance company is interested in taking to you in the first place.
However, as with many creditors, it is very important to stay in contact with your lender when you’re going through a bad financial situation. For one thing, doing so might just protect your car from being repossessed. Plus, you might find that your Car Loans by Stratton Finance company is more willing to work with you than you think. Some companies have programs that their customers can participate in to help them get caught up on their loans. For example, you might be able to make partial payments until you get caught up, or you might be able to change your payment due date to a date that is more convenient for you. Another option might be to add one of your car payments to the back end of your loan to give you time to get caught up. If you call and talk to someone from your car finance company, you can find out more about your options. The key is to not ignore the situation and to make sure that you keep the lines of communication open.
Sell the Car
Another option that you can look into if you can no longer make your payments is to sell your car. Even though this might not be something that you want to do, you might find that you can sell the car and then purchase one that is more affordable. This can help you get your finances back on track and can make things a lot less stressful for you.
Refinance Your Loan
One good option that you might want to look into is refinancing your car loan. Then, you can often enjoy a lower interest rate on your car finance payments and can reduce the amount that you have to pay each month. This can be one of the best options to look into if you would like to keep your car.
As you can see, just because you fall behind on your car payments does not mean that you have to panic. Instead, you can look into one of these options to help you get your finances back in order again.
When car lenders started offering 72 month loans they were something that no one had heard of before. The world reacted to this type of car loan in a variety of ways. Now they must prepare for a 84 month car loan.
Many car financing outlets are now starting to experiment with 84 month loans. That is a seven year loan, but that also means lower monthly payments for the person who takes out that kind of car loan. From November 2013 to October 2015 the lowest delinquency rates for those with a credit score of between 641 and 680 on a car loan were for those with an 84 month loan. The highest rates were for those who had a 72 month loan interestingly enough according to autonews.com.
Extended terms on a Stratton Car Loans is something that a lot of people ask for. They want a particular vehicle but may not be able to make the payments on a more traditional car loan. If they are just able to get the finance place to extend those terms for them, they can enjoy the experience of having the car of their dreams just like everyone else.
The very low interest rates that are available today on money make an 84 month loan seem very appealing to a lot of people. The longer the term of the loan the lower the amount that one has to pay on a monthly basis. If they can just get their finances a little bit in order they can make those payments and have their nice car.
There is always the option to pay extra on an 84 month car loan to pay the vehicle off a little sooner. Since 7 years is a long time to have a loan out, it is also a long time to have one’s financial situation change for the better. If things improve financially for some over time, then they have the possibility to pay extra over time.
Lenders love these changes to the car loan options that they offer as well. The longer term loans mean that lenders are able to remain profitable for a very long time to come. They can count on a revenue stream that continues to come month after month. This is better for them than having customers who come in and trade in the car that they already have for something else. People were doing that for a while, but now they have returned to financing their car loan for a long period of time.