Line up a car loan for the New Year car sales!

January and February is a great time to buy a car. Car dealers all over the country will be clearing last year’s stock at knock-out prices. So, if you want to take advantage of the New Year car sales, get ready by talking to us about your finance now.

Why talk to us?

It’s important that you get a car loan that’s affordable, competitive and tailored to fit your personal financial circumstances and goals. Car dealership finance is not tailored to individuals – it’s often locked in to the full price of the car and repayment terms can sometimes be too short for many people to afford.

There are many options available to finance the purchase of a motor vehicle. One option is to use any available equity in your home. This could be by either an increase in your home loan or perhaps redraw funds from your existing home loan.  This type of funding is generally at a cheaper rate but you may not want to extend the finance on a motor vehicle for the term of your home loan (up to 30 years).  You may wish to structure your loan repayments so that the vehicle portion of your loan is repaid in 3 to 5 years.  We can help you with this.

If you don’t own your home or have insufficient equity you could consider a personal loan for your motor vehicle.

Leasing, Hire Purchase or Chattel Mortgage are options available for self-employed and business owners.

So, to make sure you don’t miss out on a great car deal, ask us to help you organise your finance now. We’d love to help make your New Year a happy one.