We’ve all heard the horror stories about a mechanically challenged friend buying a car and it turning out to be an absolute lemon.
Well, the truth is that sourcing finance for the car isn’t all too dissimilar. Here are 12 reasons why you won’t end up with a lemon of a loan with us.
1. Using a finance broker doesn’t cost you a penny
Using a car finance broker is free. We won’t charge you for any of the work we do on your behalf. All enquiries are free and there’s absolutely no obligation to proceed with any options we present.
While it’s true we work on a commission basis from the lender, we work for you. Not the dealership. Not the bank. You.
If we don’t find you a loan product that you’re completely happy with, then you’ll go elsewhere and we don’t get paid. Fair enough!
2. Access to possible discounts
We don’t want to brag, but negotiating with lenders is our thing. We deal with lenders every day and know how hard to push when sourcing a loan. This can sometimes result in discounted rates and better outcomes.
3. Time is money
Using a finance broker saves you time. And as we all know, time equals money.
By having us negotiate on your behalf, you can avoid countless hours researching rates, repayments and lender policies.
You can even use our car loan calculator to estimate repayments and get a better idea of what your vehicle finance could look like before getting started.
4. We’ve got your best interests at heart
Our number one priority is helping you source a finance solution that suits your needs.
It’s important for our reputation that we get this right. Large banks and dealerships don’t always have the same incentive to ensure you’re completely satisfied with the process.
5. Pay less for the vehicle
There’s this little trick dealerships like to use: the old “Drive Away, 0% Finance” offer.
But all too often those vehicles are sold at inflated prices.
For example, a vehicle with a $24,990 price tag and a 0% finance deal might sound great, but the manufacturer may have been willing to sell it outright for significantly less. In some situations, sourcing a competitive finance package can leave you financially better off overall.
6. Avoid hidden nasties
Did you know that 80% of people don’t read Product Disclosure Statements?
You can’t exactly blame them. If you read every PDS, terms and conditions and privacy policy you came across, it would take weeks every year.
Instead, we help simplify the important information and point out the key details that matter.
7. Access to dozens of lenders
We’ve got access to dozens of lenders to help find competitive options.
You generally won’t have access to this many lenders if you go directly through a bank or dealership.
8. Get a loan suited to your needs
After finding out more about your situation, we can approach our panel of lenders and identify finance solutions suited to your needs.
This can even include helping identify vehicle options that suit your family or lifestyle requirements.
9. Got less than perfect credit?
If you’ve had credit issues in the past, there may still be options available. We understand which lenders may be better suited depending on individual circumstances.
It can also help to understand how your credit score works before applying.
10. Convenience is king
We take the legwork out of sourcing car finance. We’ll liaise with lenders on your behalf, compare options and come back with recommendations suited to your needs.
That can remove a lot of stress and save significant time.
11. Minimise the impact on your credit file
Applying with multiple lenders directly can create multiple credit enquiries on your file.
Working with a broker can help streamline the process and reduce unnecessary applications.
12. The personal touch
While online and big-bank options exist, we pride ourselves on a more personal approach.
If you ever have questions or concerns, you can simply pick up the phone and talk to a real person.
Get the ball rolling now
Too often sourcing car finance ends up in the “too hard basket”. By picking up the phone and contacting us, we can help get the process moving.
It’s quick and easy too. We’ll gather some initial details and get to work.
That way you can get back to everything else on your to-do list, or just kick back and watch Netflix.
