Refinancing your car loan could make your repayments lower, especially if you say yes to these quick questions:
If you said yes to any of these questions, it could be in your interests to call us on 1300 722 210 to find out right away what the options are, or fill out a Quick Quote and one of our expert lending team will call you very soon.
Apart from the obvious advantage of saving you a lot of money in interest repayments, there are many other reasons to consider if a refinance car loan is a good idea for you:
Save money on current fees and charges
Reduce your monthly repayments
Get features your current car loan doesn’t offer
Choose different loan term and payment options to suit your current needs
Alter the terms of the final balloon or residual payment
Trade in your old car for a new one
Peace of mind that you have the right loan for your current circumstances
It's not always going to be the smartest move to refinance your car loan. There can be penalties for leaving your existing car loan, setup fees on the new loan, and interest rates may be less favourable than when you got the first car loan. But, unless you talk to a finance manager to fine out, you won't know if you could really be better off!
By using our car finance calculator, you’ll have a clear picture of what your repayments might be. Remember, every lender & loan is different! To find out exactly get in touch with one of our expert brokers to work out what repayments you can afford.
Give us a call now 1300 722 210 and we'll quickly assess if refinancing your car loan is the right step forward for you.