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Money Tag

We have all seen the glossy car ads trumpeting the driveaway price or “drive away, no more to pay”. Dealers typically promote these packages when they are looking to shift greater volumes or make way for next year’s stock.

But what does this sales pitch actually mean? Does the driveaway price include stamp duty? What about if you want to add accessories? Do you have to pay for insurance separately?

If you have superannuation, then it is likely you also have some form of super life insurance. By law, it is compulsory for all employer super funds to provide members with life insurance and total and permanent disability (TPD) insurance. The level of cover, however, will vary depending on your fund and your circumstances.