We can help put you in touch with a car finance expert to help you from application to settlement, with rates starting with a 3.
This is just another way OnlineAuto is your one-stop-shop for buying a car from finance to sourcing to delivery, making the whole process easier, no matter where you are in Australia.
Applying for a car loan is quick and easy. To make the process more seamless, we recommend you prepare a pay slip or two, the proposed vehicles details, a list of your assets, liabilities and your proposed settlement date.
Typically to be eligible for a car loan, you’ll need to hold Australian citizenship or permanent residency, be over the age of 18, and earning some income. There may be further eligibility requirements depending on which lender you go with.
Luckily at OnlineAuto we are part of the Firstmac Group, meaning we can offer a variety of car finance options no matter what your situation is.
There are a few benefits to getting car finance instead of paying cash. For example, depending on the lender you may be able to borrow up to 100% of the car’s purchase price, which means even without a deposit or savings you can buy a car quickly. You may also need your savings for other expenses, making smaller, regular car loan repayments a better option. In addition, if you are buying a car for business purposes your car loan interest repayments may be tax deductible.
There are a number of different types of car loans available from various lenders. These include: