New Car Loans & Car Finance options

New car loans are financing solutions designed to help individuals purchase new vehicles by spreading the cost over time instead of paying upfront. These loans provide flexible repayment terms and competitive interest rates, making it easier to afford a new car while managing your monthly budget. Australian Equipment Finance offers new car loans with fast approval, allowing you to buy the car that fits your lifestyle and needs without worrying about the financial strain of an upfront lump sum.

Applying for a new car loan with Australian Equipment Finance is simple. Complete our online application form, providing details about your income, the car you want to purchase, and your financial history. After submission, we’ll review your application and provide approval within 24 hours. Once approved, you can proceed with purchasing your new vehicle from a dealership or private seller. Our fast approval process ensures that you can secure your dream car without unnecessary delays.

Yes, Australian Equipment Finance offers new car loans that can be used to purchase electric vehicles (EVs). As electric cars become increasingly popular for their environmental benefits and fuel savings, our loans provide the financial flexibility to invest in the latest EV technology. Whether you're looking at a Tesla, Nissan Leaf, or another popular EV model, our loans can help you finance your purchase with competitive interest rates and manageable repayment terms.

Yes, it is possible to get a new car loan with less-than-perfect credit. While having a higher credit score may provide access to better interest rates, Australian Equipment Finance works with individuals from a variety of financial backgrounds to find a loan that fits their circumstances. We review each application on a case-by-case basis and offer flexible options to help you secure financing, even if your credit history isn’t ideal.

Australian Equipment Finance offers flexible repayment options for new car loans. You can choose a repayment schedule that fits your financial situation, whether that means shorter terms with higher monthly payments or longer terms with lower monthly costs. Our loans typically offer terms ranging from 12 to 84 months, giving you the freedom to select a plan that works best for your budget while allowing you to enjoy your new car without financial stress.

At Australian Equipment Finance, we offer a fast and efficient approval process, with most new car loan applications approved within 24 hours. This quick turnaround ensures that you can secure your vehicle purchase as soon as possible, whether you're buying from a dealership or a private seller. Once approved, the funds are made available to complete your purchase quickly and seamlessly.

Yes, Australian Equipment Finance allows early repayment of new car loans without penalties. This gives you the flexibility to pay off your loan ahead of schedule, reducing the amount of interest you’ll pay over the life of the loan. Early repayment is a great option if your financial situation improves or if you want to reduce your monthly expenses by eliminating your loan faster.

The interest rates for new car loans vary depending on factors like your credit score, loan amount, and repayment terms. Australian Equipment Finance offers competitive interest rates designed to keep your monthly payments affordable. We provide transparent loan terms with no hidden fees, allowing you to understand exactly what your repayment plan will look like before committing to the loan.

Yes, Australian Equipment Finance offers new car loans that can be used for both dealership purchases and private sales. If you're buying from a private seller, we can structure the loan to cover the purchase price, ensuring you can complete the transaction securely and efficiently. This flexibility allows you to shop around and find the best deal on the car that suits your needs, whether from a dealership or private party.

Yes, many new car loans allow you to include additional costs like registration, insurance, and extended warranties in the total loan amount. Australian Equipment Finance provides flexible loan solutions that can be tailored to include these costs, helping you manage all expenses related to your new car in one easy payment plan. This can simplify your finances and make it easier to budget for the full cost of car ownership.

If you want to trade in your vehicle during the loan period, you have a few options. You can either pay off the remaining balance of your loan using the trade-in value or negotiate with your lender to roll over the remaining balance into a new loan for the trade-in vehicle. Australian Equipment Finance can work with you to ensure the process is smooth and fits your financial situation, making it easier to upgrade your vehicle when needed.

A fixed interest rate means that your interest rate stays the same for the duration of the loan, ensuring that your monthly payments remain consistent. This provides stability and makes it easier to budget. A variable interest rate, on the other hand, may fluctuate based on market conditions. While variable rates can offer lower initial payments, they may rise over time, potentially increasing your monthly payments. Australian Equipment Finance offers both options and can help you choose the one that best suits your financial situation.

Yes, Australian Equipment Finance provides new car loans that can be used to purchase luxury or sports cars. Whether you're looking to finance a high-end sedan, a powerful sports car, or an electric luxury vehicle, our loans are designed to offer flexible repayment terms and competitive rates to make your dream car a reality. We work with various dealerships and private sellers to ensure you can secure the vehicle you want.

A balloon payment is a lump sum that you agree to pay at the end of the loan term, which reduces your monthly repayments during the loan period. While this can make your regular payments more affordable, it means you'll have a larger payment due at the end of the loan. Australian Equipment Finance offers loans with balloon payment options, allowing you to reduce your monthly payments and giving you the flexibility to pay off the remainder at the end of the loan period, refinance, or sell the car to cover the balloon payment.

Yes, you can refinance your new car loan if you find better interest rates or more favourable terms. Refinancing allows you to replace your existing loan with a new one, typically at a lower interest rate or with different repayment terms. Australian Equipment Finance can work with you to explore refinancing options, ensuring you continue to get the best deal for your car loan.