Car Finance can be complicated and convaluded at the best of times. Do you take car finance at your bank? Do you take car finance with the dealer when purchasing a car from the dealership or do we use a car finance broker? Do you want standard car finance, novated lease or a commercial hire purchase? There are literally over 10 different car finance products available, so which is best? Below we take you through some of the car finance options available to you.

Car dealership car finance offers you the convenience of being able to purchase the car then and there and considering the purchase of the car is an emotional purchase we can sometimes be excused from taking car finance with the car dealer. Fact is, if you take car finance with a car dealer you will often not be paying the best rate you can get.

Banks once again offer you the ability to take car finance over the phone, they already have all of your personal and financial information but will you be getting the best rate?

By using a car finance broker you are able to compare all of your finance options in a one stop shop. Most car finance brokers will be able to offer you ever major finance lending institution along with some lesser known finance companies.

So what is the answer? SHOP AROUND for the best Car Finance deal. There are literally more than 40 lenders competing for your business!

TheDriveShow has selected a premium car finance broker to assist you in securing the best car finance available today. Our car finance broker has been carefully selected to ensure you will be well looked after and not be pushed in to a car finance agreement.

To enquire with the car finance company we recommend, click here

Types of Car Finance available;

Standard Car Finance

Car Finance will usually be offered to an individual who meets the lenders criteria. Typically this will be secured car finance, meaning that in the event of non-payment the lender can repossess your car. As this car finance agreement is secured against your car you will generally get better rates.

Novated Lease

A novated lease is a three way agreement between your employer, the finance company and you. Novated Leasing is becoming increasingly popular as for high income earners this type of car finance has some major tax benefits.

Bad Credit Car Loans

If you have missed a payment on your credit card or have an outstanding telco bill you can still get car finance, likewise if you have been entered in to a part nine agreement. You will typically pay a much higher interest rate for this.

The Drive Show can assist you in getting car finance with any car manufacturer in Australia.