Personal Car Loan
Smarter funding solutions for businesses that don’t stand still
Fixed Low Rates
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Personal Car Loan
We make both purchasing and financing a car simple. Our finance experts will secure you a low rate from our panel of over 50 lenders, providing you the finance you need for your car purchases.
3 steps and you’re on your way
We know finance feels complicated. That’s why we make it three steps, no stress.
1. Apply Now
Your finance specialist will take the information we need and search the market for the best finance package.
2. Choose Your Car
Already found a car? That’s great, just send us the details. If not, we can help source your new or used car from our network of contacts.
3. Sign & Collect
Once you’ve checked and signed the documents, we’ll settle the loan so you can collect your car. It’s that simple!
Car Loans vs Personal Loans
Personal loans can be a great way to finance your new car, especially if you don’t have the cash on hand to pay for it outright. But there are a few things you should know about personal loans before you apply, including how they differ from car loans.
The biggest difference is in the interest rate you’ll pay. Car loans usually have lower interest rates than personal loans, because the car is used as collateral. This means that if you default on the loan, the lender can repossess your car to recoup their losses.
Personal loans don’t have this same level of security, so they tend to come with higher interest rates. That being said, personal loan interest rates are still relatively low, especially when compared to credit cards.
So if you’re looking to finance your new car with a personal loan, you can still get a competitive rate.
Buying a car with a personal loan
If you’re looking to finance your new car, make sure you compare multiple lenders to get the best personal car loan rates possible. Use our loan calculator to get a quick estimate of your repayment schedule, based on the amount borrowed and the agreed-upon term.
Once you’ve found the right personal loan for you, the process for applying is relatively simple. At National Loans, even if you have poor credit, we will work to create a specialised program that gets you the personal car loan you need.
Once you’ve been approved for the loan, the lender will send you the money. You can then use that money to pay for your new car. Just make sure you make your payments on time to avoid any late fees or damage to your credit score.
How Does A Personal Car Loan Work?
It’s easy! Just apply online in minutes and get a decision in as little as one hour. Once you’re approved, we’ll transfer the funds to your account, and you can use the money to buy your new car.
With a personal loan, you’ll have a set repayment period (usually between one and seven years) and a fixed interest rate, so you’ll know exactly how much you need to repay each month. This makes budgeting easy and gives you peace of mind that you won’t be hit with any unexpected costs.
Best of all, with a personal loan, you won’t need to put your car up as collateral, so you can keep driving it while you repay.
Features Of A Personal Loan For Cars
- Fixed interest rate: This means your repayments will stay the same for the life of the loan, making it easier to budget.
- Fixed term: Personal loans usually have terms of one to seven years, so you’ll know exactly how long you have to pay off the loan.
- Flexible repayments: You can choose to make weekly, fortnightly or monthly repayments, and even put extra money towards your loan to pay it off sooner.
- No early repayment fees: You can make extra repayments or pay off your loan early without being charged any penalties.
When To Use A Personal Loan To Buy A Car?
A first-time buyer looking to finally get a reliable vehicle? need to refinance your current car? adding a classic car to your garage? there are lots of reasons why you might want to take out a personal loan for a car.
One of the most common reasons can be to finance a business vehicle as you start up a new enterprise. the costs associated with any business, large or small, can be significant – and a business car is no different. You may want to buy a bigger car for client meetings, or one that’s more economical to help with the running costs of your business. in either case, a personal loan for a business car can give you the flexibility to choose the right vehicle without breaking the bank.
Another reason people might want to take out a personal loan to buy a car is if they’re a sole trader. many self-employed individuals don’t have the same level of financial security as those in full-time employment, so getting a car loan can be more difficult.
A personal loan for a car can give you the freedom to buy the car you need without having to worry about being declined for financing.
Using Our Personal Car Loan Calculator
A risk-free option for those considering personal car loans is our easy-to-use calculator. just input a few simple figures, and it provides you with an estimated payment schedule.
The beauty of personal car loans is that they can be used for any make or model of car. you’re not restricted to a particular dealer, so you can shop around for the best deal. and if you find a great deal on a used car, you can use a personal loan to finance it too.
To find out how much your repayments might be, try our personal loan repayment calculator today!
Where To Get Personal Car Loans In Australia
While many options offer personal loans, none of them can boast the reputation of national loans, which helps thousands of people every year as australia’s most trusted provider.
With a team of experienced loan consultants who are ready to help you get the best deal on your personal car loan, let us find the right solution and get you on the road.
Benefits Of Using National Loans
Benefits of using national loans lightning-fast approval: we know that when you’re looking for a personal loan, you want it fast. that’s why we offer some of the quickest approvals in the industry.
Market-leading interest rates: we have strong relationships with many major banks and lenders, so we can get you a great rate on your personal loan. No hidden fees or charges: the price you see is the price you pay. we don’t charge any hidden fees or add on any extra charges.
Flexible repayment options: we offer flexible repayment options to suit your lifestyle and budget. Friendly and helpful staff: our team of loan consultants are ready to help you through the entire process, from start to finish.
If you’re looking for personal car loans in australia, look no further than national loans. apply now for a fast and easy approval process!
Why choose National Loans?
1800+ Five Star Google Reviews
With thousands of loans delivered per year National Loans is Australia’s most trusted provider
Fast Approval
Apply in less than 5 minutes and get your loan pre-approved in as little as 1 hour
We Work For You
We work for you, not the lenders, to get you the lowest rate and lowest repayment
Access Lower Rates
25 years of industry experience sees us being able to access the lowest rates possible for each customer
Protect Your Credit Score
Protect your credit score by matching with the best lender the first time
Free Car Finder Service
Get access to new vehicles at fleet prices and a large selection of used cars
Australia’s Finance Specialists
At National Loans, we make borrowing simple. As trusted experts in loans and asset finance, we partner with Australia’s leading lenders to secure low-rate loans and fast approvals.
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FAQs
Can you help me find a car ?
Yes, we have fantastic relationships with a large number of car dealers , giving us access to fleet pricing on new vehicles and a large selection of used cars.
Who can Apply ?
How long does the application take ?
This is dependant on your circumstances. After receiving any supporting documents we may need, in most cases we can have an approval in 1 hour.
What if I don’t want to apply for a loan online ?
That’s absolutely fine, give our friendly team a call on 1300 358 358.
Ready to take the next step?
Fast, simple, and tailored finance starts here.