Bank Car Loans
Bank car loans are often the first place we think to find finance for the purchase of a new car. Although the general trend of the Australian finance market has been downward, some car loan brokers like Finance Ezi have managed to stay on top and out-compete most of the other listed Australian finance brokers. They have maintained their buying power against the backdrop of a global financial downturn.
At Finance Ezi we are continuing to grow by predominantly targeting credible clientele who value efficiency and competitive terms of borrowing. We offer the most viable and affordable bank car loans, services and products in the financing market.
Car Finance Companies Closed
Several major car finance companies on the lending market have closed shop and those still hanging on have either tightened their loan approval chains and/or restructured through job cuts, departmental closures or mergers. For example, GE closed their automotive arm which most brokers relied as their focal lender, GMAC and Ford credit have both made moves to discontinue their finance arm in Australia.
The way in which most of the auto loan companies that continue to be successful have maintained or even improved their financial performance, is dexterity in the formulation and efficiency in delivery of customized bank car loans, products and services, targeted to a wide range of customers financial needs.
Car Loans Quote
We have made it very simple to get car loans quote electronically via the web. Simply submit your name, email, phone, loan type, amount required and payment period.
Specializing in low cheap car loan rates for car finance Australia-wide. We offer personalized, accurate loans repayment packages for all customers, and attractive loan structures depending on the type and age of the vehicle purchased, your personal financial and employment situation and on the terms of the type of agreement you are seeking to negotiate.
Get a online Finance Ezi Car Loans Quote.
Car Loan Calculator
Use our online car loan calculator to have an idea of how much it will cost you to borrow. For instance, you can use it to find out whether you are getting the right interest rates, compare repayment amounts with loan periods, and hence the time you need to repay the loan, and generally find the effect of changing the variables so that you enter in to the loan agreement with your eyes wide open.
Use our online Car Finance Calculator.
Car Refinance
If you want to have the monthly payments of your car loan reduced, consider car refinance. This offers you a chance to pay a lesser amount of money every month, and depends on the equity of the car: its current value less what is currently still owed on it. This option is particularly recommended for those people who are perpetually behind payment schedules.
Enquire here for a quote on car refinance.
New Car Loans
For secured financing, the interest rate is generally lower than for unsecured loans. In this case the security is the car itself, and generally not offered on cars over seven years old. New car loans normally have fewer bad debts or losses associated with loans secured on them, so the lenders reduce their margins and hence offer better rates.
Where there is no difference in car finance interest rates between new and used cars, some rates may depend on how much you borrow or on your credit rating or score. We deal with many lenders and borrowers and hence know from experience what the proper interest rates should be, irrespective of these general factors.
If you want to arrange a car loan,
simply apply online or phone 1300 003 003
Compare Car Finance
Car loans are normally payable over 5-7 years, and the rates offered depend on the model and make of the vehicle in addition to factors previously discussed. You can then compare car finance quotes, taking interest rate, financing charges and other costs and benefits into account rather than just comparing repayment figures.
Finance Broker
As a leading finance broker we are associated with certain banks or lending institutions and in most cases we are able to offer lower introductory bank car loan rates for our clients, whereas others might charge higher interest rates for new customers.
Used Car Loans
Depending on the lender, used car loans may be acceptable or could attract a penalty. For instance, once a car reaches 7 years old or more, some lenders will reduce the repayment period or even decline the credit application. If you are purchasing an older car it may be a good idea talking to one of our staff experienced in providing finance for older cars.
