Whether it's the family SUV, a first car, a work ute or a touring 4WD, the right car loan can save you a lot over the life of the loan. Core Vehicle & Asset compares car finance from a wide range of lenders, so you get a loan that suits your budget, not just the one the dealer offers.
Car loans we arrange
- Secured car loans. The car is used as security, which usually means a lower rate than an unsecured loan.
- New and used cars. From brand new to older vehicles, depending on the lender.
- Dealer or private sale. Many lenders will finance a private sale as well as a dealer purchase.
- Business car loans. Finance for sole traders, companies and trusts, including chattel mortgages. Talk to your accountant about the tax side.
- Utes, 4WDs and work vehicles. For tradies, farmers and businesses of all sizes.
Choosing the right car loan
The lowest advertised rate isn't always the cheapest loan. We look at the whole picture:
- Loan term. Usually one to seven years. A longer term lowers repayments but costs more in interest.
- Balloon payment. A lump sum at the end of the loan can reduce your regular repayments, but you'll need to plan for it.
- Fees. Establishment fees, monthly fees and early payout fees all add up.
- Deposit or trade-in. Not always needed, but it can help your rate and repayments.
Get pre-approved before you shop
With finance pre-approved, you know your budget and can negotiate like a cash buyer. It also means you're not under pressure to take the finance offered at the dealership.
What you'll need
- Photo ID such as your driver's licence
- Proof of income, like recent payslips or business financials
- Details of your expenses, debts and assets
- Details of the car, once you've found it
Looking for finance for something else? We also arrange equipment, truck, caravan, boat, personal and business loans.