Car Loans

Been dreaming of a new set of wheels? Maybe it’s time for an upgrade.

Let us make it happen for you with our personalised car finance options.

Whether you are considering that new showroom model or a sweet second-hand deal from a private seller, our car loans have you covered.

Secured car loan

How do car loans work?

One of the benefits of opting for a secured car loan instead of a general personal loan, is that it often reflects a lower interest rate coupled with a higher chance of approval. This is due to its specific financial interest, which makes secured car loans less risky from the lender’s perspective.

We also finance private sale cars. You do not need to purchase your vehicle from a dealer to qualify for car finance. All our car loan options cover private sales too, so rest easy, you can shop wherever you like. Get your pre-approval today and shop with confidence.

Secured car loan
Novated lease

Novated lease

A novated lease is a form of salary packaging through a three-way agreement between you, your employer and the finance company. Your employer is responsible for the lease repayments through your fixed-wage deductions. The great thing about a car lease under a novated agreement is that the vehicle is not restricted to business use – if you want, it can operate as your own personal car.

If you are thinking about a novated lease you need to discuss this with your employer. It is often a good option for them because it is a low-cost, low-risk employee benefit. It means negated penalties, outsourced administration, and no accounting liability. Benefits for you involve significant cuts on both upfront and ongoing costs. This could mean thousands saved.

Once you have confirmed that your employer is on board, you have basically done all the work needed on your part so you can begin reaping the benefits of our tailored novated leases.

Check out our novated lease calculator for a little taste of the big savings you could make.

Find out more

Balloon payment

A balloon (or residual) payment is the amount you owe to your car loan provider at the end of the term when there are no further repayments to be made.

The purpose here is to reduce the cost of your scheduled repayments by sectioning off a lump sum repayment at the end of the loan.

How does a balloon payment help me?

A balloon payment can be used to better manage your cash flow. This applies to both businesses and individuals – especially those who have variable cash flow due to salaries that partially operate on irregular bonuses.

Balloon payment

Whether it's that new house, refinance of your property, dream car, caravan, boat or motorbike, reach out to us today!

Get in touch

2024 / Mortgage Brokers Co. Jackson McCarthy is a credit representative (488785) of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit Licence 391237)