Are you looking to purchase a new car?
Make it happen at Peel Finance Brokers with our low-rate personal loan.
Why borrow with us?
- Low, personalised rates to reward your good credit
- Flexible loan terms from 6 months to 5 years, for up to $45,000
- Fast approval times, funds in as little as 24 hours
- No early repayment fees or exit fees
Our partner offers some of Australia’s lowest personal loan rates and once they’ve received your application, they offer approvals and funding in as little as 24 hours.
Apply for a low rate car loan today!
Finance for a New Car
Loan for a Holiday
Debt Consolidation
Do you have a lot of debt? Are your monthly payments too high? Peel Finance can help consolidate your debt. We can help you lower the interest rate on your debt and consequently lower your monthly payments as well.
Basically, debt consolidation is the combining of all your unsecured debt (credit cards, Finance Cards) into one monthly payment.
Frequently Asked Questions
What is a car loan broker?
A car loan broker is a professional who specialises in helping customers find and secure financing for purchasing their vehicle. To identify the finest loan choices for their clients, car loan brokers consult with a number of different lenders.
How do car loan brokers work?
Brokers of car loans consult with their clients to learn about their credit history and financing requirements. They then compare interest rates, terms, and fees for several loan alternatives from lenders to locate the best one for their customers.
What advantages do car loan brokers offer?
Customers can save time and money by using a vehicle loan broker to obtain the finest loan alternatives accessible to them. Additionally, brokers can provide individualised assistance and guidance throughout the financing procedure.
Can a car loan broker help with my bad credit?
Yes, vehicle loan brokers frequently assist people with poor credit in locating loan possibilities that they might otherwise be unable to find. However, these loans may have higher interest rates and costs than those for persons with strong credit.
How common are car loans in Australia?
Car loans in Australia are moderately common. Approximately 2.7 million Australian drivers, or 13% of them, currently have a car loan.
Who can apply for a car loan in Australia?
As long as you meet the lender’s eligibility conditions, you are qualified for a car loan. As a result, you must be at least 18 years old, an Australian citizen or permanent resident, and in possession of a job or other stable source of income.
Can I get car financing if I am self-employed?
Yes, even if you work for yourself, you can still get approved for a car loan. You will need to give the lender certain information to demonstrate your ability to repay the loan.
How much must I make to be eligible for car financing?
Generally speaking, a bank advises that no more than 25-30% of your annual salary go towards a vehicle due to the fact that other costs related to the vehicle must be taken into account, including insurance, servicing, and of course, gasoline costs.
How do I choose a broker for a car loan?
It’s crucial to choose a car loan broker that is informed, trustworthy, and experienced. Additionally, make sure to select a vehicle loan broker who is communicative and responsive. Throughout the loan application process, a competent broker will keep you updated and be ready to address any questions or concerns you may have. Peel Finance Brokers goes the extra mile to make sure you get the right car loan for your needs. We are experienced and knowledgeable in the car loan industry, and we can guide you toward the best option.
Related Service: Novated Finance Lease Broker in Perth for Car or Motor Vehicles
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