Shop for a loan before you shop for a car

Many Australians are paying way too much for a car loan because they are financing at the dealer when they sign up for the car. Some people don't realize that many dealers make more profits on the finance than the car.

Getting the cheapest car loan deal you can could save you hundreds or even thousands of dollars over the life of the car. 

"You really need to shop for the loan before you shop for the car," said a leading consumer advocate.