Are you looking to buy a vehicle in Western Australia and are interested to know your options for second-hand car finance?
There are various ways to get good deals for auto car finance, and you could be driving away in your new car in just a few hours.
At Westside Auto Wholesale, we have a specialist car finance division, who can help make financing your dream car from dream to reality.
If you would like more information, please just drop-in for a chat with our friendly team at your convenience.
Car finance is similar to any other loan product in that it can improve your lifestyle as long as it is managed properly.
It is important not to mishandle a car loan as it can cause emotional and financial stress.
It is always best to talk to a car finance professional who will help you calculate what you can afford and get the best deal available.
What are some of the positives of using car financing?
One of the main benefits of car financing is that it gives you almost immediate access to a vehicle that you might not otherwise be able to afford or that you would need to save for.
This can be extremely useful if you need an improved car for family or work reasons.
No deposit car finance is often available, and it can be an attractive option for times when your budget is stretched on taking care of other commitments.
Another positive of taking out car financing is that it can help you improve your credit score as long as you follow the repayment schedule on time.
This will be useful for applying for future loans such as a mortgage or for home improvements.
At this time, car finance is an extremely competitive business in Australia so you should be able to get a competitive deal which may allow you to buy a better quality vehicle than you expected.
Your auto car finance advisor will be able to show you the best deals available on the market.
One advantage of using a car wholesaler for car finance in Perth is that it is quick to organise.
There is also a wide selection of quality used vehicles on-site and car financing is straightforward to put together.
You could be driving away in your new car in a matter of hours!
How does car finance work?
Simply stated, car financing is the funds you loan to buy a car. You can decide on your level of repayments, by putting down a higher or lower deposit and over how many years.
Once your car finance is agreed you will have an agreed amount of time to repay it following the terms that you have agreed with the lender.
Car Wholesaler Finance
Your car wholesaler can secure your funds through an outside lender, and they often have inside knowledge of the best finance deals on the market.
There may be some lower than usual finance rates available on specific makes and models. You should always ask specifically for any promotional rates available.
If you use your car wholesaler to organise finance it will be just like a regular car loan and you will make repayments over a set period, but you might be able to lower your monthly payments by negotiating a lump sum balloon payment for the end of your loan period.
Westside Auto Wholesalers are one of the best-established car wholesalers in Western Australia and can offer you great advice on car finance in Perth and the surrounding areas.