Get Easy Car Loans & Hit the Road with Peace of Mind
If you are an aspiring car owner, finding the best car loan can be time-consuming and tedious. Partnering with qualified and reliable finance brokers can help you save thousands of dollars in interest rates and lower processing fees. Besides, you can simplify the application process and avail easy repayment options.
Looking to Buy a Car? Let Us Help You Get Behind the Wheel Sooner!
Car finance is a preferable way to purchase a car – be it a new or a used one. Whether you need a car for personal or commercial use, Eight Finance can arrange the loan so that you can fulfill your requirements to the best. To add to your benefit, we can help you organise pre-approval finance for your dream vehicle. When you have a pre-loan approved, you will get to know how much you can afford and negotiate the right deal accordingly.
How to Compare Car Loans & Unlock the Best Deal?
Before exploring various car financing options, you should have an idea of the various types of interest rates and terms so that repayment won’t be a burden.
- Fixed or Variable Interest Rates-
By choosing fixed interest rates, the car loan repayment schedules will remain fixed and won’t change. You will know exactly how much amount will be debited from your account every month. With variable interest rates, loan repayment schedules may change with market dynamics. If interest rates surge, your repayments will be higher and vice-versa.
- Secured or Unsecured Loans-
Most car loans are secured and if you don’t repay on time, the lender can repossess your vehicle and sell it anytime. Whereas with unsecured loans, you don’t need to have your car deposited as security. However, the interest rates will be higher than usual and you won’t be able to borrow much. - Balloon Payments – Be Aware!
Some car loans come with balloon payment options. This means you need to pay off a part of the loan as a regular payment and then pay the final amount as a lump sum at the end of the loan term. This may seem an ideal deal as your monthly payments will go down. But you need to also be aware to repay the lump sum amount with interest, so practically, the total borrowed amount will get higher.
We Serve in All Over Australia
We assist customers all over Australia, from big cities to rural areas:
Secure the Best Car Loan With Us
Call our expert finance broker to discuss the best car loan options. We are always ready to help you secure the best deal!
