Re-Finance Your Car Loan With Aussie
So, you’ve been ripped off elsewhere? You’re currently on a really high interest rate at the bank? The car yard organised some dodgy finance?
Or you just want to restructure your current loan to suit your budget?
No worries. Aussie Car Loans can payout your existing loan with your current bank or finance company and we’ll arrange a package to suit your budget.
Why re-finance your car loan?
Many clients re-finance simply to just get a better deal. Aussie Car Loans’s low interest rate will reduce both your term and the amount of interest you pay over the loan period, saving you huge $$$.
You can further reduce your repayments by increasing the term, allowing you to minimise your scheduled minimum commitment.
You could also choose a balloon payment or residual option. This variation is slowly growing in popularity. By setting a larger balloon payment for the end of the term, which can vary according to circumstances, you can reduce your monthly payments to better balance your budget. At the end of the term, you can either pay out the full amount in one hit or re-finance the balloon amount and continue paying off the car over a new loan period.
Alternatively, you may have already paid for the car in full with your own savings. See our Finance-Back option to borrow against the equity in your vehicle.
Finally, you may just be switching from a business type loan to a personal loan to avoid paying unnecessary stamp duties & GST, or vice versa ie switching from a personal loan to business finance to take advantage of possible tax benefits.
Whatever the reason, Aussie Car Loans is confident that we can arrange a better deal.