Drive Away in Your New Car
You don’t realise how important having a car is until you don’t have one. From getting to and from work every day to running errands, having a reliable vehicle is crucial for day-to-day life. Whether your car has broken down, you need to upgrade to something bigger or you need a work vehicle, Your Advisor Group on the Gold Coast can help you secure a car loan.
Our
finance brokers have access to an extensive range of banks and lenders and will work hard to find you the right finance solution. We’ll sit down with you to understand your current situation and your loan goals before putting forward a shortlist of options. Our goal is to avoid the speed bumps and get you back on the road as soon as possible.
Car Loan Types & Features
Secured Loans
The bank or lender will take the car as collateral incase you can't make repayments. This will often result in a lower interest rate due to less risk for the lenders.
Unsecured Loans
An unsecured loan means you don't have to provide the asset as collateral, however may result in higher interest rates due to more risk to the bank or lender.
Fixed Rate Loans
A fixed rate car loan simply means your repayments and interest rate will stay the same throughout the course of your loan term.
The Car Loan Process
Whether you need to upsize for that new family member or you need a second car, we're here to help you find the right car loan. From saying hello to getting the green light, six steps is all it takes to get you behind the wheel of your new car:
Say Hello
Get in touch with our friendly team to get started.
Explore Options
We’ll put together a comprehensive list of suitable options and provide our recommendations.
Pre-Approval
Once you’ve chosen a lender, we’ll get the green light on getting you pre-approved so you can see your borrowing power.
Tinted Window Shopping
With pre-approval under your belt, you can start looking for that new ride.
Secure Finances
Once you’ve found the perfect vehicle, given it a test drive and made sure it’s mechanically sound, we’ll get to work securing the finance with your lender.
Hit The Road
Now, all you need to do is make an offer. If all is well and good, simply pick up the keys and drive away (into the sunset, of course).
Photo by: John
Balloon Payments: Other Things to Consider
What
You pay a larger sum at the end of the term, which is generally based on a fixed percentage of the total loan value.
Why
It reduces your repayments when you first start paying off the loan.
You should consider how this will affect the amount of interest you pay over the life of the loan and the total amount left to pay at the end of your monthly repayment term.
How Do I Know If This Is Right For Me
Our brokers will help you understand whether this approach is best for you and run you through everything you need to know in more detail.
Book a free 15-minute discovery call today!
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