1300 Car Finance

Sub Prime Car Finance

Sub Prime Car Finance is finance which specialises in benefiting individuals and companies that have had credit problems in the past .

What is Sub Prime Car Finance ?

Sub Prime Car Finance can relate to many different types of finance contracts. Mainly the term is used to describe finance that relates to individuals with previous credit problems. Every Year thousands of hardworking people are declined for vehicle finance. We believe that people should not be penalised for their past credit problems that bear no relation to their present circumstances. Sometimes people end up with a bad credit status by no fault of their own. At 1300carfinance we are not interested in your past. Only in your present. We will endeavour to arrange the finance for you. Your repayment terms are structured to suit your monthly budget. We use a large panel of lenders so we are able to find a tailor-made package for you.

Under a Sub Prime Car Finance agreement, the customer is the registered owner of the vehicle and is responsible for the all costs associated with maintaining, running and insuring the vehicle.

Who is Eligible for Sub Prime Car Finance ?

As long as you can can provide us with proof of residency and income and can afford the repayments we will endeavour to arrange your finance. We arrange sub prime car finance on a wide range of cars. Moreover, as finance is secured against the car, both home owners and tenants are welcome to apply for sub prime car finance.

Benefits of Sub Prime Car Finance?

• Flexible loan terms to suit your cash flow requirements or budget (1-5 years).
• Residuals/Balloons can be structured to reduce your repayments.
• Fixed interest rate.
• Fixed monthly repayments.
• Interest is calculated on the outstanding principal balance, so any additional payments you make will reduce the total interest payable.
• You can obtain pre-approval before you go shopping, giving you greater bargaining power.

Need a car finance quote?

For more information or if you have any questions about Commercial Hire Purchase 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.