There are a lot of different ways to finance your car, let’s keep it simple
Finance 101 will make it quick and easy to secure your next car loan. We work with over 20 different lenders with access to specialised products, allowing our team to tailor the perfect loan for you. Working with Finance 101 will ensure that you have access to market leading interest rates and are kept up to date every step of the way. It’s that simple!
Personal Car Loans
A personal car loan is the most common type of car finance product. This is where the vehicle will be used mainly for personal use. You can choose either a secured car loan or an unsecured car loan, depending on what benefits are most important to you. The secured loan will normally mean lower interest rates as the lender holds security over the loan, whereas with an unsecured loan the lender doesn’t hold the title on the car and you’ll generally be able to pay out early with no penalty at all.
Some of the key features of secured or unsecured car loans are:
Finance any age car anywhere in Australia
Available for dealer, auction and private sales
Flexible loan terms available (from 1-7 years)
Balloon (residual) options available
Rates and payments are fixed over the term of the loan
Pay it off faster to save interest
Finance the full purchase price or chip in some deposit
Make extra repayments if you like
Business car loans
A business car loan is the type of loan for customers who are self-employed or plan to use the vehicle mainly for business use. Business loans come in a few different shapes and sizes, being Chattel Mortgages, Hire Purchases or Finance Leases. Some lenders will require financials but Finance 101 have access to a variety of different low doc or no doc loans as well for your convenience.
Some of the key benefits of business car loans are: