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Rates current 17-11-2023. National Loans is a Licensed Finance Broker here to assit you when you apply for a unsecure car loan online. Get car finance pre-approval today with National Loans.
Australia’s Unsecured Car Finance Experts
If you’re looking for a car loan to buy a new or used car, it’s important to explore all your finance options. One of those options is an unsecured car loan. Read on to find out everything you need to know about unsecured car loans, including their pros, cons and answers to FAQs.
3 Simple Steps
2. Choose Your Car
3. Sign And Collect
What is an Unsecured Car Loan?
Advantages of unsecured car loans
Disadvantages of unsecured car loans
Can I buy the unsecured vehicle from a private individual?
If you are buying a used car privately from an individual rather than a car dealer, you should check the PPSR to make sure there is no money owing on the vehicle. Do this BEFORE you hand over any money to the car seller.
If you don’t and you take out a loan to buy the vehicle, the seller’s lender can repossess the vehicle. They will do this if the seller doesn’t use the money you pay for the car to repay their loan.
The best way to avoid this scenario is to get a payout figure from the seller’s lender and to split the agreed selling price into two transfers — one to pay out the seller’s lender and the remainder to the seller.
Can I get unsecured car finance?
Not all lenders offer unsecured car finance, so it’s best to talk to an unsecured car finance broker to find out the ones you do. Our expert team of brokers at National Car can save you time and hassle.
We have a panel of unsecured finance lenders and we look for the best unsecured car loans Australia has to offer for our car buying clients. We can also help you with unsecured car loan comparisons.
The main concern of any lender when you apply for unsecured car finance is that you will make your repayments. The best way to convince a lender of that is to have a good credit score and to demonstrate that you can afford your repayments.
How do I apply for unsecured car finance?
Use our unsecured car loan calculator
Unsecured Car Loan Calculator
Get Unsecured Car Finance Pre-Approval
Getting an unsecured car loan pre-approval before you start looking for a car can be a very smart move. It will let you know the value of the car you can afford, so you don’t waste time looking at any vehicles that are outside your price range. You can apply for an unsecured car loan pre-approval
Or if you’d like to find out more about different car finance options, you can read more about personal car finance here, commercial vehicle finance here, and classic car finance here.
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Apply in less than 5 minutes and get your loan pre-approved in as little as 1 hour
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Get access to new vehicles at fleet prices and a large selection of used cars
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Trusted Bank Partners
Yes, we have fantastic relationships with a large number of car dealers , giving us access to fleet pricing on new vehicles and a large selection of used cars
This is dependant on your circumstances. After receiving any supporting documents we may need, in most cases we can have an approval in 1 hour.
That’s absolutely fine, give our friendly team a call on 1300 358 358.