We source and compare car finance options to suit your needs. There’s hundreds of car loan deals on the market, all with different features and terms. So, it can be overwhelming for the average Aussie to feel confident in choosing the best car loans. Car loan brokers talk to you about your budget and needs, then recommend a range of car loan options for you to consider. Car loan brokers use their expertise to suggest loan features and benefits that best suit your requirements.  

We go beyond recommending car loan products and we also help you buy the car too! This is a free service we provide as a value add. Many car buyers feel unsure about negotiating with dealers. With our knowledge of the industry and dealers, we can negotiate a great deal on your behalf, potentially saving you thousands.

Lenders pay a brokerage fee to us. The referral fees we get from dealers do not impact the price you pay for your car loan. You get the same competitive terms on your car loan. There is no markup or hidden fees. Essentially, the broker gets a commission from the lender.

It’s simple and easy to apply for car finance. Using the private online application portal, you provide your identification, proof of income, references and bank statements. If you’re an employee, you can provide payslips. If you are self employed, you can provide tax statements to show your income. This ensures you can prove that you are capable of making the car loan repayments. This information is a standard requirement in any credit application process.

The application process typically takes 20-40 minutes to complete.

Yes, there is no restriction on purchases of secondhand cars with our broker services. However, depending on the age of the vehicle, there may be restrictions on the loan terms for used car loans. This varies between lenders and will be discussed with you in detail before you start car shopping. 

Yes, we work with business owners of all kind to arrange their car finance requirements. Low doc loans are for the sole traders & self employed. A letter from your accountant is required. Full doc loans are for companies. Two years of financial reports are required.

It depends on your credit score and your credit history. If you have a history of failing to make repayments, lenders are naturally cautious about lending to you again. However, if you’ve proven that you have paid infringements and can service the loan, you may be more successful. It varies from lender to lender. If you have any concerns, we can discuss your credit rating with you and advise you on the likelihood of success. Meanwhile, you can use the MoneySmart website to check your credit score and find out where you stand.

It’s a clever marketing tactic to get you into the showroom. There are a number of restrictions in these loans that limit you. These include: 

• restrictions on the cars you can choose from, usually only the base model 
• shorter loan terms, such as over two years instead of five 
• little room to negotiate on price 
• strict criteria which reduce your eligibility
• no access to balloon/residual payments (this is a lump sum paid to the lender and the end of a loan, which reduces your monthly payments

Due to the large number of conditions and restrictions with 0% finance deals, check the fine print of the car loan terms before you sign. There may be hidden costs, so don’t go for 0% finance if it’s not the right car or loan conditions for you.

Yes, we offer a car sourcing service. If you don’t want to deal with sales staff and negotiating on price with dealers makes you uncomfortable, leave it to us. We have strong relationships with a number of dealers through our network and often find you a competitive offer. There is no fee for our car buying service, we offer it as a value add to our car broker customers.