New "Beat the Dealer" Finance System
Don't get car dealership finance without getting a pre-approval from autobuddy
100% free service & no obligations
Won't affect your credit score
Dealer Finance
Car Loan Broker
May offer lower interest rates than car loans
Low interest rates may only be available for specific makes and models
Commission for the car salesman may push rates up
Interest Rates
Long Term
Lenders offer various rates, which means you can choose the most competitive
Using your car as security lets you take advantage of lower rates
Typically three- to four-year terms
A balloon payment is usually payable at the end of the term
Early repayment costs may apply
Choose rates between one and seven years
Early repayment costs differ between lenders
How to Get the Right Car Loan For You?
No need to shop around for better offers
Balloon payment can help lower your regular repayments
Gives you leverage to negotiate the sale price
A range of competitive car loans are available
Your repayments will see your car loan repaid in full at the end of the term
You can choose your lender and your loan
Benefits
Drawbacks
You need good credit to be eligible
It's usually only available to new vehicles
Balloon payments can be large and it can be difficult to save that money while repaying a loan
Higher interest rates may apply to certain types of loans
Upfront and ongoing fees may apply
Lending Partners
How should you finance your next car?
What People Are Saying About AutoBuddy
Speak to a friendly car finance advisor.
Why?
Access to more lending options
Can advise the best loan type (Novated, Chattel, Personal Loan)
Won't affect your credit score
100% free service to you
No obligations
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Rate Disclosure* Leading rate as of 1st of January 2021 is 2.85%PA. The interest rate is determined with reference to the age of the vehicle/equipment and the credit assessment. Interest rate loading may be applied. Establishment fees of $350. Different terms, origination, account keeping fees or other loan amounts might result in a different comparison rate. Lending criteria, fees and conditions apply. Rates, fees and conditions are indicative, available for new loans only and subject to change without notice.
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