At Finance Scout, we make getting into your next car easy and affordable. We’ll find you the best rate from hundreds of secured car loans offered by almost 30 different lenders, tailored to fit your needs.
Our expert brokers do all the hard work for you, taking care of everything from application to settlement. You just enjoy the ride!
A secured car loan is a type of loan where the vehicle you’re purchasing serves as collateral for the loan. This means that if you fail to make your loan payments, the lender can repossess the car to recover their money. Because the loan is secured by the car, lenders often offer lower interest rates compared to unsecured loans.
We’ll save you from all the stress while saving you valuable time and money too—a complete one-stop shop! Our car loan specialists are here to help you, from navigating the minefield of lender requirements to negotiating and arranging the settlement with the lender.
Our experienced car loan specialist will fight for you and save you money.
We can find you good value finance regardless of your personal circumstances or credit history.
We select products from only the best lenders who meet out strict criteria for price, service and ethics.
We take the hassle out of getting a car loan.
A variety of secured car loans are available from different of lenders. The ideal secured vehicle loan for you will depend on your financial status and the length of loan you desire. Here are a few things to consider when assessing a loan.
Secured car loan rates impact your monthly payments and vary substantially amongst lenders. Be sure to examine comparison rates that include the complete cost of the loan before applying.
These can include one-time expenses such as establishment fees, as well as recurring fees such as loan service fees. To be sure you’re receiving a decent deal, compare fees in addition to interest rates and loan features.
Lenders specify certain loan periods that you may choose from (typically one to five years for fixed-rate loans and one to seven years for variable rate loans). Check to see whether you can repay the loan over a time that fits your budget.
The average minimum loan amount is $5,000, with maximum loan amounts varying widely amongst lenders. Some lenders don’t have a maximum loan amount and instead judge on a case-by-case basis. Keep this in mind while deciding which vehicle to purchase.
Some lenders allow you to make extra repayments to pay off your debt faster. If you think you’ll be able to contribute more money to your loan, make sure to factor this into your comparison. Keep in mind that some lenders will charge fees if the loan is paid off early, so try to look for a loan that doesn’t have these fees.
Loans come with a variety of features to assist you in managing them more effectively. Some lenders include cheap car insurance with their loans, while others provide car-finding services.
CarLoans.com.au takes the hassle out of applying for a secured car loan.
Our four-step process saves you time and gets you behind the wheel fast.
Yes, if the sum is large, it will be easier to obtain as a secured loan than an unsecured loan. Loans are less risky when an asset is used as collateral, therefore your chances of approval may be better.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
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