CAR FINANCE

CM Financial offer a complete range of Car Finance and Car loans for individuals, from a wide range of lenders.

Our specialist Car Finance consultants will examine all your finance options – Finance Lease, Commercial Hire Purchase, Novated and Fully Maintained Novated Lease, and Secured and Unsecured Car Loans – and tailor the right solution for you.

A Consumer Car Loan or Car Finance is a personal finance product where the financier lends the customer funds for the purchase of a vehicle, and secures the loan against that vehicle.

A Car Loan is can be known as a Consumer Loan or a Secured Car Loan.

How does a Car Loan work?

With a secured or consumer Car Loan or Car Finance ,the funder or financier advances funds to the customer to purchase a car. This is paid direcltry to the Vendor of the goods on settlement of the loan or finance.

The customer takes ownership of the vehicle at the time of purchase, and the financier takes an interest in the vehicle as security for the loan, usually called and encumberance.

At the end of the loan, the financier or funder removes the encumberance on the vehicle, giving the customer clear title.

What are the beneifits of a Car Loan?
• Flexible contract terms ranging from 24 to 84 months (two to seven years)
• Fixed monthly paymnet
• Cash or Trade in vehicle can be used to lower the repayments
• A tax deduction is available when the vehicle is used for business purposes See ATO • Secured Loan so Lower interest rate that an Unsecured Personal Loan

Who does a Car Loan suit?

A Car Loan or Car Finance is suitable for any individuals wishing to purchase a car who do not have significant business use of their vehicle.

CM Financial are always on hand to answer your questions. If you would like to know more about a Car Finance and Car Loans, please complete our online enquiry form ,request a call back and a consultant will call you back at a convenient time.

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