Understand the Real Cost of Your Car Finance
The only true way of comparing car finance is:
- Calculate the total repayments over the period (36 payments of $x)
- Add any residual or balloon payment
- Add any fees, charges, delivery fees etc.
- Check the vehicle compliance plate to ensure you are financing a current year vehicle
This will give you the total cost over the finance period!
Zero Interest – Zero Chance!
From time to time we see offers of “0” Interest Rate Finance, but too often we find this can mask a higher overall cost of car finance which can be driven by:
- A higher purchase price
- A higher balloon payment (Which equates to higher interest costs)
- Additional fees and charges
- Unaffordable repayments
- A vehicle built in the previous year
If it sounds too good to be true – it often is!
A Finance Broker Gives You Choice!
When you use a Finance Broker for your car finance you can tap into the whole market – as distinct from an offer from one Lender or Dealership.
While the rate offered by a Lender or Dealership may look great – you have no real basis of comparison!
As a Finance Broker, I can help you access truly market competitive offers from a panel of lenders which includes all the major Banks!
Saving Your Time & Hassle!
A Finance Broker can also make it easy by doing all the fine tuning and negotiation on your behalf!
Importantly, as a Finance Broker I will also look beyond your immediate need, to ensure the car finance offered is tailored to your individual circumstances – allowing for any other commitments you may have!
If you are thinking of buying a car which needs to be financed, avoid later regret and unexpected costs by ensuring the finance you take is truly market competitive and tailored to your circumstances.
Give me a call for a quote and I will help you navigate the complexity and get the right finance you need – fast!