Get a great deal on your home loan from expert advise at LeMerit Finance.
Car & Asset Finance
Make your dream car coming true, contact us for a quote, and let us help you.
Q1. Am I qualified for a car loan?
To apply for a car loan, you must be
18 years or older,
An Australia Resident
Earing regular income,
Able to meet the repayments
Looking to borrow more than $5,000
Speaking to us for a quote on your car loan.
Q2. How much interest rate, is fixed or variable?
It is only fixed rate option for car loan repayments.
Q3. If I am self-employed, can I still have car loan?
Self-employed applicant is still qualified for car loan as long as you can provide recent personal tax return.
Q4. Can I buy second hand vehicle with car loan?
Yes, but lenders may give below restrictions,
100% borrowing is not available
Private sale may not available
Car age is less than 5 years old
Q5. Can I borrow 100% of car price?
For new car, lenders can consider 100% borrowing for you. However, if the car is second hand or demo, lender may reduce to 90% or 80 % subject to car conditions.
Q6. Are there any fees involved in getting car loan?
Yes, there may be some fees involved, including:
Lender application fee
Vehicle inspection fee (for private purchases)
Monthly account fees