How to Find Low-Interest Car Finance

Unless you have been busy and had no time to watch the news on TV, you will have most likely heard about the competitive interest rates available in Western Australia.

Look:

The news is that interest rates are low and they are likely to fall even lower due to our uncertain economy. This competitiveness has led to easy finance being available.

There has never been a better time to organise car finance in Perth, and in certain cases, it is even possible to get a 1% car finance deal.

With the car loans market being so competitive, it might just be time to go shopping for a new vehicle. So, with this in mind, I will break down the various types of car financing available to help you decide which is best for you.

What are the various options for car finance in Perth?

There are many types of loans available, and a good car finance broker will be able to explain the details in depth. These are some of the better options:

Chattel Mortgage

This is similar to a house mortgage in that you only take full ownership of the vehicle once all payments have been completed.

The main difference compared with a regular secured loan which uses the vehicle as security, is that a chattel mortgage has significant tax benefits if the vehicle is mostly used for business reasons.

It is just like any loan, in that you agree a repayment period and monthly (or weekly) payments are due.

Secured Loan

This is the most common type of car loan that you will see. It basically means that the car itself will be acting as collateral.

It is similar to you loaning money from a bank to buy a home, in that, the bank will be confident they can sell your vehicle and recoup their money in the event that you fail to pay the loan in full. That is the “secured” part.

Secured loan rates are often lower than unsecured rates as the lender’s risk is lower.

Novated Car Lease

This is a lease agreement which involves your employer. You will not own the car at the end, but you will have reasonable monthly payments, and it is a way for your employer to guarantee your lease and to pay for your car as a part of your salary package.

Once again there are tax advantages to both you and your employer if you choose this method of financing. There is also no need to pay GST, as you are not actually buying your car, which will save a further 10%.

Using a Broker

This is a practical option as many car wholesalers will have a broker on-site who will be able to advise you of the best deals available and how to organise your car financing quickly.

You simply answer questions about the loan requirement, if it is secured or unsecured, your personal circumstances with regard to income and outgoings, and then leave it up to them to compare the available car finance in Perth.

Essentially they make the process easy as they are aware of the ins and outs of loans and how to find a good deal for your particular situation.

You should familiarise yourself with the various options for easy finance when buying a car in Perth.

A car finance broker is a good option as they will simplify the process, and often get you a deal which will make a considerable saving over the period of your loan.

Check out Westside Auto Wholesale for easy finance deals.…

Advantages of Getting Car Finance in Perth

Are you interested to acquire the best car finance rates in Perth? Do you need a consultation about car finance? Talking to a car specialist is the best way to find out!

Check out Westside Auto Wholesale for car finance rates in Perth! Borrowing money for your car is a common thing. Buying a car through finance could bring positive effects to your economic situation, as long as you are disciplined.

Here are 5 advantages of getting car finance:

Good for credit history

Even if you have a poor credit history, you will still obtain a car loan. However, you should be ready to pay for higher down payments and improve your credit points.

The good thing about car loans is that they can boost your credit history as long as you discipline yourself to pay on time. So, be sure to pay on time!

Flexible rates

Each car finance company offer different car loan rates depending on the loan duration and type of car. It is your aim to find out which payment terms is suited for you.

A good car finance company can present a flexible car loan rate scheme with the purpose of helping you pay for the loan quickly. It is helpful to talk to the car finance specialist about ways of paying off the loan shortly.

No collateral needed

There is usually no collateral needed when getting a car through finance. The car that you are trying to purchase will serve as the collateral.

However, you should be aware of the policies in case your car gets repossessed or damaged. Always ask questions to avoid misunderstanding and confusions in the future.

Easy application

Car loans are convenient. It only takes minutes to process and you will be able to drive away the car that you like.

However, it is recommended that you conduct a little research about the car that you like, know the background of the car finance company, and be aware of their policies. Nevertheless, most applicants for car loans is likely to get a positive result as long as you have a good credit history.

Added perks

Car loans are actually accompanied by bonuses such as free road tax, free servicing and fuel which can save you a lot in repairs and road taxations. So, do not forget to ask about added perks if you are getting a car loan!

Additionally, some of the car finance bonuses such as free servicing can add to the longevity of the car. The condition of your car is guaranteed while repaying it.

Remember:

  • Do not get a car loan because you think it is good for your credit history. Get a car because you can afford it!
  • Choose a car repayment scheme that fits with your budget and lifestyle. Do not put stress on your budget to avoid delayed payments.
  • Understand car loan policies. Always ask if something is unclear.
  • Do your homework before getting car finance. The best information can lead you to the best deals.
  • Always ask about after service. It can save you a lot on maintenance cost!

A car loan is one of the best ways to own a vehicle. There are also benefits that you can enjoy. However, you need to take full responsibility in making sure that payment is done on time.

Let this be your guide when you are looking for companies that offer car finance in Perth. Always ask the car finance specialist for flexible repayment schemes to help you pay the loan quickly.

Would you like a sample of an ideal car loan rates in Perth?

Reach out to Westside Auto Wholesale now!…

Advantages of Car Finance in Perth

Are you interested to acquire the best car finance rates in Perth? Do you need a consultation about car finance? Talking to a car specialist is the best way to find out!

Check out Westside Auto Wholesale for car finance rates in Perth!

Borrowing money for your car is a common thing. Buying a car through finance could bring positive effects to your economic situation, as long as you are disciplined.

Here are 5 advantages of getting car finance:

Good for credit history

Even if you have a poor credit history, you will still obtain a car loan. However, you should be ready to pay for higher down payments and improve your credit points.

The good thing about car loans is that they can boost your credit history as long as you discipline yourself to pay on time. So, be sure to pay on time!

Flexible rates

Each car finance company offer different car loan rates depending on the loan duration and type of car. It is your aim to find out which payment terms is suited for you.

A good car finance company can present a flexible car loan rate scheme with the purpose of helping you pay for the loan quickly. It is helpful to talk to the car finance specialist about ways of paying off the loan shortly.

No collateral needed

There is usually no collateral needed when getting a car through finance. The car that you are trying to purchase will serve as the collateral.

However, you should be aware of the policies in case your car gets repossessed or damaged. Always ask questions to avoid misunderstanding and confusions in the future.

Easy application

Car loans are convenient. It only takes minutes to process and you will be able to drive away the car that you like.

However, it is recommended that you conduct a little research about the car that you like, know the background of the car finance company, and be aware of their policies. Nevertheless, most applicants for car loans is likely to get a positive result as long as you have a good credit history.

Added perks

Car loans are actually accompanied by bonuses such as free road tax, free servicing and fuel which can save you a lot in repairs and road taxations. So, do not forget to ask about added perks if you are getting a car loan!

Additionally, some of the car finance bonuses such as free servicing can add to the longevity of the car. The condition of your car is guaranteed while repaying it.

Remember:

  • Do not get a car loan because you think it is good for your credit history. Get a car because you can afford it!
  • Choose a car repayment scheme that fits with your budget and lifestyle. Do not put stress on your budget to avoid delayed payments.
  • Understand car loan policies. Always ask if something is unclear.
  • Do your homework before getting car finance. The best information can lead you to the best deals.
  • Always ask about after service. It can save you a lot on maintenance cost!

A car loan is one of the best ways to own a vehicle. There are also benefits that you can enjoy. However, you need to take full responsibility in making sure that payment is done on time.

Let this be your guide when you are looking for companies that offer car finance in Perth. Always ask the car finance specialist for flexible repayment schemes to help you pay the loan quickly.

Would you like a sample of an ideal car loan rates in Perth?

Reach out to Westside Auto Wholesale about your Car finance needs today.…

Top 5 Tips to get the Fastest Car Sale at the Best Price

Selling a car successfully involves more than just gathering its service records and paperwork then showing up in some attention-grabbing ad. It’s a process that takes planning and organization. It’s, however, important to note that it doesn’t have to be as complicated as it may seem since one can reach prospective buyers using the web. Here’s how you can avoid common obstacles that can slow down or rather affect the selling process. 

Understand your Car’s Value

Everyone loves their car, and always think it is ‘special.’ Cars are a commodity whose values are set by the market. You can use car valuation websites to determine your car’s value. Make sure you’re honest about its condition, though. Factors that affect the value of a car include mileage, service history, age, and condition. Note that the biggest driver is usually the prevailing market price.

Time is Right

Timing might not necessarily be an important factor to consider when selling your car, but is can still make a difference. Winter might not be the best time to put a convertible sports car on the market. Demand for SUVs and minivans with enough interior space tends to rise during summer and the college drop-off season while that of sport-utility vehicles and cars increases as winter approaches. 

Prepare your Car

Preparation, in this case, involves cleaning up your car, vacuuming the interior, making minor repairs, visiting your mechanic for inspection, and much more. Your goal is to make a good first impression to your prospective buyers. It needs to look appealing and in top shape so you can get the price you want. Consider having professional detailer handle this task for you. 

How about the Paperwork?

Why wait till the last-minute to gather all the documents and paperwork you’ll need to sell your vehicle? Get your maintenance records, service schedule, bill of sale, receipts, and title ready. In the event you can’t fine the title, use the bill of sale instead. Locate all your car keys as well. You don’t want to miss out on a sale or have the final price offered drop because any of these is missing. 

Make the Pitch

Well, the assumption here is that you took lots of photos and advertised your car with the right information on the right platforms. Always remember to screen potential buyers. When a prospective buyer shows up, switch into sales mode. Focus on letting them see the most attractive features of your car. Such may include towing capacity, fuel economy, safety, reliability, and much more, don’t oversell! 

Be Ready to Negotiate the Price 

Negotiation skills are important at this stage. You’ve already done your best to show them the features that make your car stand out, and even given a test drive. Your starting price should always be higher than what you’re willing to accept. Don’t be afraid to let them go if they can’t meet the price you have in mind. If you and the prospective buyer agree on a price, close the same. It’s a done deal! Congratulations for successfully completing the sale.