Car loan options
Need transport? Whether the vehicle is for personal or commercial use we can assist you in financing the purchase.
Ask us about motor vehicle finance options.
Personal car loan Packages
The criteria for normal lending and car security needs to meet all the guidelines for a loan approval.
- We can offer competitive fix rates.
- You can Borrow $7,500 up to $100,000 for a new or used car.
- Terms of between 1 and 7 years
- Establishment fee
- Monthly service / administration fee.
- Comprehensive insurance for your car and Personal loan protection insurance.
We can offer you affordable monthly repayments that you can control. You can choose your weekly, fortnightly or monthly payment terms that will suit your current budget and situation as long as you can pay the car loan for 1 to 7 years. You can make added repayments to repay your loan faster. If you decide on a term greater than 2 years and you already fully paid it in less than 2 years, however, you will need to pay fee. This fee will be waived if you’ll pay your loan by applying for a re-financing through other personal car loan plan. You can pay via direct payments from debit cards, BPAY or at some bank branches. Some lenders charge an addition fee for every late payments. A lump sum payment will also help you reduce your monthly repayments.
We can also offer lower rates by using the car as a security. Loan payments are fixed once your contract starts you will always know when your payments will be.
Novated lease packages
Eligibility for novated lease:
- Must be looking to lease for a car worth $10,000 more (before GST)
- Must be employed by a registered business in Australia
- Must have a good credit history.
- Hassle free budgeting for your monthly rental as your employer will provide this for you.
- You have an option to use the vehicle without paying a deposit or the hassle of being reimbursed from your employer
- You can choose the type of car that you want or from where you will acquire it.
- Enjoy the convenience of retaining the car even if you move employment.
- You won’t be left with an unwanted car even if your employee leave
- You can provide the benefit of a vehicle for your employee without reflecting it on your balance sheet.
Flexible rental time frames and options
- Lease terms are available for 1 – 5 years so you can manage your budget
- Make rental payments monthly, quarterly, semi-annually or annually
- Rental payments are fixed once your contract starts so you always know what your rental payments will be.
Oak Laurel Mortgage Brokers – Loans made easy!