Here’s a real FinancialPlus!
You no longer need to face up to that car yard finance pressure. It can be a bit confronting, right? It can also rope you into all kinds of upsells you don’t need. Well, you don’t need to get your finance through car dealers anymore. Let us get it for you through one of our lenders with interest rates and repayments that make sense.
Work for yourself?
That’s not a problem as we have some great options for you with some great rates.
A Chattel Mortgage is normally the way to go but always check with your accountant to make sure that they agree.
With a Chattel Mortgage, you own the car from the start, you don’t need to have a deposit as you can generally finance the lot and, a FinancialPlus, the car being financed is normally sufficient security for the finance and, therefore, won’t tie up other assets.
But an even bigger FinancialPlus is that there could be taxation benefits as you can normally claim back the GST paid on the car!
Can I get a no-doc car loan if I work for myself?
You can! Or at least, you might be able to. If you’re a homeowner with a nice clean credit history, and you’re registered for GST then the banks tend to say, “Hmm, this looks like a safe enough bet!” That’s a nice no-credit car loan and you don’t need to verify income on it. Talk to us if you’d like to know more.
What if I work for someone else?
That’s not a problem either although there is a little more paperwork involved and we will need payslips and a few other bits and pieces but we can work you through this. A consumer car loan is the way to go and its pretty straightforward!
Are car loan interest rates generally similar?
Actually, never look at the rate. At FinancialPlus, we can compare the rate from two lenders. One might appear to have a much higher rate, but when we work out the true cost to you, the repayments come out the same. It’s all about how they work their fees. That’s the advantage of a broker – we know this stuff so you don’t have to. Whatever you do, don’t base any decision on the interest rate – find out what it will set you back each month including all charges and upfront fees.
Does it help to do car finance through FinancialPlus?
Yes, it definitely does. Think of it this way. You’re at the dealership drooling over a gorgeous car and you’ve got two negotiations going on – one for finance and one for the price of the car. If you’ve managed to haggle your way into some terrific 1% finance deal, that’s probably where your dealer’s going to shut up shop – they’re unlikely to budge on the car price. If, however, we get you that terrific finance deal independent of the dealer, you’re in happy negotiation land. You say, “I want the car, I’ve got this much, no more.” If they want to sell the car, you’re in the driver’s seat, literally!
How quickly can I get finance through FinancialPlus?
It’s quick. We can give you a quote within a couple of hours. Once we get your OK to proceed, we’ll tell you what we need. If you work with us, we can have the loan funded with two or three days so we don’t muck around.
Some good advice would be this: don’t allow yourself to get too caught up over one particular car until you have spoken to us.
Don’t fall into the trap of being there in the car yard with that beautiful chariot right before you. You can touch it, but you can’t take it home. That’s when emotion can take over and lead to rash decisions and you end up paying more than you need and signing up for any old loan. Get a pre-approval instead before you go.
If you’d like to chat about your car loan options, call us on 07 5564 5903 or make an enquiry.