Personal Car Loans
This is a typical consumer Car Loan which is used by an individual to purchase a motor vehicle, boat or other asset. A consumer based Car Loan requires the goods to be used as security for the Car Loan contract. This facility falls under the consumer credit code (UCCC) where the interest rate, commission and other fees are disclosed on the contract. All consumer credit conditions apply to this type of Car Finance.
A Secured Car Loan can give you immediate use of the vehicle of your choice in exchange for regular payments over an agreed period of time.
Features and benefits of a Secured Car Loan
- Car Finance products with no payout penalties;
- Payments can be structured to suit your requirements;
- Registration costs, on road costs, loan insurance and comprehensive car insurance may be able to be financed on the Car Loan contract;
- Car Loan terms normally range from 12 months to 60 months. You may be able to elect to make monthly or fortnightly Car Loan repayments;
- A deposit may not be required for the Secured Car Loan, however should you wish to make one you will benefit from either lower repayments or a shorter term.
Need More Information?
If you would like more information on any Car Loan, one of our experienced Car Finance consultants can prepare you a tailored Car Loan package.
Call the team at Your Car Loan now on 1300 220 880 or complete the online application form and we'll get back to you shortly.
