Are you looking for a car loan? You’ve come to the right place. We offer a wide range of car loans to suit your needs, whether you’re looking for a new or used car, or a short-term or long-term loan.

Types of Car Loans

We offer a variety of loans, including:

  • Secured loans: These loans are secured against the car you are buying, which means that if you default on your payments, the lender can take the car.
  • Unsecured loans: These loans are not secured against any asset, so they tend to have higher interest rates.
  • Short-term loans: These loans have terms of up to 3 years, and are typically used to finance the purchase of a used car.
  • Long-term loans: These loans have terms of up to 7 years, and are typically used to finance the purchase of a new car.

Benefits of Car Loans

There are a number of benefits to getting a it, including:

  • You can get the car you want now: If you don’t have the cash to buy a car outright, a car loan can help you get the car you want now.
  • You can spread out the payments: It allows you to spread out the payments over a longer period of time, which can make them more affordable.
  • You can improve your credit score: Making regular payments on your car loan can help to improve your credit score.

How to Get a Car Loan

If you are considering a car loan, there are a number of things you need to do, including:

  • Shop around: There are a number of different lenders that offer car loans, so it is important to shop around and compare rates.
  • Understand your needs: You need to understand your needs and what type of car loan is right for you.
  • Get quotes: Once you have decided on the type of car loan you need, you need to get quotes from a number of different lenders.
  • Apply for finance: Once you have found a lender that you are happy with, you need to apply for finance.

Conclusion

Getting a car loan can be a great way to get the car you want. If you are considering a car loan, it is important to understand your needs and shop around for the best deal.

If you are interested in learning more about car loans, please contact us today. We would be happy to discuss your options and help you find the right solution for you.

Here are some additional tips for getting a loan for a car:

  • Have a good credit score: A good credit score will make you more likely to be approved for a it, and you will also get a better interest rate.
  • Have a down payment: A down payment will show the lender that you are serious about the loan, and it will also lower your monthly payments.
  • Compare rates: Shop around and compare rates from different lenders before applying.
  • Read the terms and conditions: Make sure you understand the terms and conditions of the loan before you sign anything.

We hope this information has been helpful. If you have any further questions, please do not hesitate to contact us.

Loan Process

We follow a systematic process that keeps everything on track and discipline is what drives us forward.

Contact our dedicated lending specialist

01

Send your documents

02

We provide you with options.

03

Aprroval

04

Settlement

05

Understanding loan types and features.

Secured loans

You provide collateral (such as the car or property) as security against the loan in case you can’t afford your repayments. Lenders typically offer lower rates for secured loans (vs an unsecured loan) because there is less of a risk to them.

Unsecured loans

No additional security (e.g. your car or property) is provided against the loan. Instead the lender will rely on your credit score when they decide whether or not to approve you for the loan. Interest rates can be higher than a secured loan and you might not be able to borrow as much.

Fixed rate

Your interest rate and repayments will stay the same during the fixed term of your car loan.

A secured car loan usually means that your car will be the security for the loan. For example, if you don’t pay the loan repayments in time, the lender could step in and repossess your car. An unsecured loan on the other hand means that you don’t need to provide your car as security. In saying that, the interest rate could be increased and your borrow capacity could then decrease.
When you purchase a new car there are more costs to be aware of than the car loan itself, this includes stamp duty, registration, car insurance and running costs. I can help you weigh up how much your new car will cost and explore ways to bring these costs down.
To set your negotiating skills into overdrive - you should get pre-approved for a car loan before you head to a dealership. Pre-approval will tell you - how much you can afford, how much your repayments would be, what type of interest rate you can get and the loan features that are available to you.