Car Loans
LOOKING FOR THE RIGHT CAR LOAN?
Whether you’re buying your first car, upgrading your family vehicle, refinancing your current deal or adding one to your business, Flash Funding is here to help.
It’s simple: applying for a car loan has never been easier than it is with Flash Funding. With our experienced team of brokers based right here in Australia, we’re with you from start to finish to handle the heavy lifting throughout your application and ensure you drive away happy with minimal fuss.
*No obligation, no negative impact to your credit score.
WHAT ARE CAR LOANS AND HOW DO THEY WORK?
A car loan is a credit product designed to help borrowers purchase a vehicle. A lender, after conducting responsible lending checks, will approve an applicant for a loan if they meet their eligibility criteria. This loan is then transferred directly to their dealer or seller. In return for this up-front advancement, the borrower must pay back their lender with interest and fees.
The amount you borrow is tied to your borrowing power, as well as the cost of purchasing your car. The loan must be manageable for you to repay on a weekly, fortnightly or monthly basis. You can also decide the term over which you repay your loan, which can range from one to seven years in length.
Additionally, the interest rate you’re offered on your loan will be dependent on several different personal variables, such as:
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Your job and income stability
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Your credit score and history
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Your savingsYour assets and liabilities
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The type of car you purchase and its condition
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The Reserve Bank of Australia's cash rate
Car loans typically come with fixed interest rates, making them better for budgeting into the future as you’re protected against rate rises across your term. However, some lenders may allow you to choose variable rates.
WHY COMPARE CAR LOANS WITH FLASH FUNDING?
No impact on your credit score
Our consultants will conduct a soft credit check when assessing your application, so your score won't be affected.
40+ lending partners
We're partnered with over 40+ loan providers nationwide, giving you more high-quality options to consider.
Competitive interest rates
We scour our lending panel for the lowest rates and match you with the most affordable deal available.
100% online
There's no need for messy paperwork with us. When you apply, you'll be able to submit and sign all your forms electronically.