1300 Car Finance

Secured Car Finance

Secured Car Finance is a great way to finance a new or used vehicle of your choice. This finance option provides you with flexible terms whilst allowing you to purchase the vehicle from a Dealer, Auction or a Private seller.

What is Secured Car Finance?

Secured Car Finance is finance where the vehicle is encumbered by the financier and therefore gives you the assurance of a fixed interest rate for the life of the finance. You'll be protected from any interest rate rises and your regular finance repayments will also remain the same so you can easily budget for your repayments each month.

Who is eligible for Secured Car Finance?

Secured Car Finance is predominantly designed for those who wish to finance a car for personal use. The financier funds the full or part purchase price of the vehicle. This option also allows the borrower to finance their insurance premium, dealer on-road costs as well as RTA transfer fees and at the same time contribute a deposit/ trade-in to reduce the finance repayments.

Benefits of Secured Car Finance

• Fixed payments for the term of the agreement allow for more accurate budgeting and Protect you against interest rate fluctuation.
• Interest is calculated on the outstanding principal balance, so any additional payments you make reduce the total interest payable.
• A balloon payment or residual can be added as a final payment to reduce the repayments.
• You can obtain pre-approval before you go shopping, giving you greater bargaining power.
• The option of No application fees, No ongoing fees and No Payout penalties.

Need a car finance quote?

For more information or if you have any questions about Secured Car Finance, just call 1300 Car Finance thats 1300 227 346 and speak to a qualified finance consultant or why not complete our friendly online finance enquiry form and a experienced finance consultant will contact you shortly.