BIG TIP: Buying a Car? Why not use your Home Loan?
Seen advertisements for vehicle finance where the interest rates seem to good to be true? Beware!! Once you check the vehicle price and the actual car repayments you may well find you have been tricked into very expensive finance.
Two questions you should always ask your car dealer before signing their finance documents
(1) How much would the car cost me if I were to pay cash?
(2) What will the actual repayments be if I go ahead with your finance?
You will find its always cheaper using your home loan finance to pay for the car. We simply restructure your home loan so you can buy the car at home loan interest rates.
Most importantly - If you are using the car for business, the loan CAN be structured so the interest is tax deductible.
So call me BEFORE you buy! That way I can have the finance ready for you when you need it.