Are you in the market for a car this year? Or have Auswide Bank's low car rates got you thinking about new wheels?

The car buying process can seem like a daunting one, but with a little bit of preparation you can be on the road in no time at all.

Do your research

Try not to get your heart set on one particular make or model. Do your research and you might find a car better suited to you. And if it's a used car you're in the market for, many sites can help you get a gauge for price and value, depending on factors such as year, model, transmission and kilometres.

Arrange your finance

Before you go to purchase a car, be sure you have your finance in check. It means you'll be certain of your budget and having pre-approval may also give you the upper hand during negotiations. Auswide Bank offers fast, online pre-approval for car loans so you know what cars are within your price range.

Ask for an independent opinion

Especially if you're buying a used car, it's really important to ensure the car is in the condition you agree to purchase. Arrange for your local mechanic to inspect the vehicle and flag any issues before you sign on the dotted line.

Insure before you drive

Finally, make sure you have your car insurance sorted before you drive away. Auswide Bank can arrange your car insurance for you with an easy online 'quote to buy' process or apply in branch. We offer a range of competitive premiums including 'multi-cover discounts' and the easy 24 x 7 claims service means you'll have the peace of mind that you and your new car are covered.