If you’re in the market for some new wheels, it’s worthwhile sorting out your finance before you walk into a dealership. Here are some of the things to think about:
Car dealer financing: Using the dealer’s financing options is often appealing because it is a one-stop experience. They will also be keen to do a deal so you can buy then and there. However, whilst dealership finance can seem quick and easy, it doesn’t necessarily mean you’ve got the best loan solution.
Brokers: As a broker we have access to a wider range of lenders and finance options key advantage of using a broker well before you start looking is that they have access to many finance options. Brokers can also arrange pre-approval so when you do find that perfect car, you can pounce knowing you’ve got the funds even before you test drive.
Unlike many dealerships, brokers can also access car loan options for borrowers who may have an imperfect credit history or are recently self-employed.
Getting a pre-approved car loan is a good option if you prefer to shop around and want the flexibility to buy new or used from a dealer or a private seller. Find out more by contacting us on contact@ovmfinance.com.au