Your interest rates might vary according to various factors. This includes the age of the vehicle you are buying, your credit score & credit file, assets & liabilities. Our financing rates start at 4.99 % for new vehicles.

Usually, the loan exit fees are small, and are charged for a sum/month for every month you terminate early. You need to confirm the information with your broker for a specific loan lender.

No you will not be charged if your application is declined.

Your credit file does not show ‘Declined,’ but only reflects as an ‘inquiry for finance.’ However, more than 6 inquiries in a period of 12 months may slow down your finance application.

A lease is a commercial contract for businesses. Breach of lease contract results in heavy penalties. A lease is also fully tax deductible.

Your vehicle loan can be approved within 24-hours if you are eligible for the loan. However, in some cases, it may exceed the 24-hour period for disbursal of the said amount.

All the charges such as government registration and brokerage will be added to your loan amount so that you do not have any out of pocket expenses.

We will require your ID, income documents, and receipt of the goods you are purchasing.

$8,000 is the minimum amount you can avail through us.

Car finance is a credit agreement made between you and the lender which allows you to buy a car.

Car finance should be thought about in two stages:

1. Choose the type of deal you want: personal loan, lease, hire purchase or personal contract purchase (PCP).
2. Then choose the provider that offers the best deal for your needs.

Personal loan – This is one of the most common ways to finance your new car. You‘ll borrow money from your bank/building society etc. When you buy the car, you’ll get instant ownership.

Personal contract purchase (PCP) – With this method, you’ll pay a deposit (around 10%), then you’ll have fixed monthly payments. This is ideal if you’re flexible with what happens at the end of the agreement. The car will belong to the finance company during your contract, and you’ll only be paying off the depreciation. This is usually the preferred option for purchasing a new car as the monthly payments tend to be lower. However, once your contract comes to an end you’ll have three choices:

• Pay the remaining value of the car to keep it
• Exchange the car
• Return the car to the supplier

Hire purchase (HP) - Similar to PCP, hire purchase requires a deposit and fixed monthly payments. The car is owned by the HP company. You’ll only be hiring it until you’ve made the final payment, after which you will own the car.

Leasing - This option means you’re renting, and therefore will never have any ownership of the car. Unlike PCP, you won’t have the option to buy the car at the end of the contract. However, every two to three years you’ll be able to change the car you’re driving. This is a good way to drive cars that you usually wouldn’t be able to afford to buy. Effectively the payments you make only cover the car’s depreciation.

For more information call Financing&co

At Financing&co we’ll allow anyone to see if they’re able to get finance within minutes. You just need to give us some information, and we’ll allow lenders to carry out a soft credit search to see if they can offer you a good deal. This will not affect your credit rating.

If you have a poor credit history, you can still apply for car finance – the company will look at your personal circumstances, such as your employment status, age, income and loan size, alongside your credit history . You’ll then get your exact interest rates and payments.

A reputable dealer is a dealer who you can trust – they have a good customer base, and will be professional in manner. You get peace of mind when comparing car finance deals through Financing&co as we only work with reputable dealers.

There are two different types of credit checks. A soft credit search will be a background search. Examples of these searches could be checking your own credit score, a background check, and pre-approved loan offers. None of these will affect your credit rating.

A hard credit search would occur when you’re applying for a loan or credit card. These searches will show up on your credit profile and may affect your score, although in many cases only temporarily.

Every lender will be different. Some of our lenders can get you the funds within two days. However, it’s usual for the money to come through in about three to five days.

Yes. When you search for car finance with Financing&co just pop in the registration number of the car you’re looking at, then you can compare quotes from our list of top Australianlenders.

Finance is a great way to work out what you can afford and pay a fixed rate each month - unlike mortgage and credit card products, the rate isn’t variable.

This option gives people with a stretched income more options. By making our comparison tool as quick and easy to use with the actual amount you will be paying onsite, the customer will know instantly if they can afford the repayments.