3 tips to consider when looking for a car loan
![Purchasing a new car for their business](/adobe/dynamicmedia/deliver/dm-aid--b213649c-5e69-48a6-86af-7d764a85a4f7/20-purchasing-business-car-with-chattel-mortgages.jpg?preferwebp=true&quality=85)
Estimated read time: 2 Minutes
There’s no denying it – cars can be expensive. So many people choose to apply for a loan to finance their purchase, rather than buying with a lump-sum cash payment.
We’ve pulled together some tips that could help assist with the application process, and help you find the right loan for your individual circumstances.
We’re here to help
Buying a car can be exciting, so if you do your homework, understand your options and are comfortable with the loan you’re taking, you'll be in the best position to enjoy the experience.
To get you started, find out your individual car loan rate and repayments before applying, without affecting your credit score. Alternatively, call us on 137 377.
Information provided is factual information only and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser.
All applications for credit are subject to credit assessment, eligibility criteria and lending limits. Terms, conditions, fees and charges apply.
The results of the borrowing power calculator are based on information you have provided and is to be used as a guide only. The output of the calculator is subject to the assumptions provided in the calculator (see 'about this calculator') and are subject to change. It does not constitute a quote, pre-qualification, approval for credit or an offer for credit and you should not enter commitments based on it. The interest rates do not reflect true interest rates and the formula used for the purpose of calculating estimated borrowing power is based on the assumption that interest rates remain constant for the chosen loan term. Your borrowing power amount will be different if a full application is submitted and we complete responsible lending assessment. The results in the calculator do not take into account loan setup or establishment fees nor government, statutory or lenders fees, which may be applicable from time to time. Calculator by Widgetworks.
Pepper Money Personal Loans is a brand of Pepper Money Limited. Credit is provided by Now Finance Group Pty Ltd, Australian Credit Licence Number 425142 as agent for NF Finco 2 Pty Limited ACN 164 213 030. Personal information for Pepper Money Personal Loans is collected, used and disclosed in accordance with Pepper’s Privacy Policy & the credit provider’s Privacy Policy.
Pepper Money Limited ABN 55 094 317 665; AFSL and Australian Credit Licence 286655 (“Pepper”). All rights reserved. Pepper is the servicer of home loans provided by Pepper Finance Corporation Limited ABN 51 094 317 647. Pepper Asset Finance Pty Limited ACN 165 183 317 Australian Credit Licence 458899 is the credit provider for asset finance loans.
Pepper and the Pepper Money logo are registered trademarks of Pepper Group Assets (Australia) Pty Limited and are used under licence.