Whether buying a brand new vehicle or used vehicle, one thing is the same – you’ll need money. With so many financing options available, including from the car manufacturers themselves, it’s important to know whether you a getting the right deal for your specific requirements.
Do you haveĀ a home loan?
In some cases, it may be better using available funds from your home loan to finance the vehicle purchase. Not only does this make it easier to manage your finances by centralising it all, but it simplifies the process of securing the funds in the first place, as your trusted by your lending and have a pre-existing financial arrangement to leverage.
Have you chosen your vehicle?
If you’re unsure of the exact model you would like, then approaching a lender beforehand to understand your borrowing capacity may help narrow your options and simplify the selection process.
Selecting the right option.
It pays to have someone with experience in these matters, who can guide you through the technical requirements. This is where we can help. At Ask A Broker, we have experienced staff who can take you through the whole purchase, right up to the point you are handed the keys.