Red Car Finance is fast becoming recognised as one of Australia’s most progressive and easy-to-use online car finance sites specialising in car loans in Australia.

You’ll speak with real, experienced people who actually want to help, who know car loans in Australia – and know how to get you into dream car fast, and without fuss. We understand that you just want to get into your car knowing that everything is taken car of…

…and with Red Car Finance it is.

Red Car Finance will actually save you time by doing the running around and comparing car loans for you.

You’ll save money too…

Red Car Finance and their partners deal directly with a broad panel of Australian lenders which means instant access to a huge suite of tailored finance solutions and options, lowest car loan rates and money saving features such as no payout penalties for you.

Red Car Finance’s success and continual growth is built on 2 simple principles:

1. Personalised service and care. This includes giving you the answers you need without you having to ask.

2. Attention to detail. We take care of the details so you can relax and enjoy buying a new car.

Getting a Better Car Finance Deal by Re-Financing

Red Car Finance can even help you re-finance your current car loan or car finance package so you are able enjoy more comfortable car loan repayments, or take advantage of the lowest car loan rates.

Car Loans for Business and Personal needs

Whether it’s a Consumer Loan, Corporate Hire Purchase, Novated Lease or Chattel Mortgage you would like to know more about, Red Car Finance are well equipped to walk you through the maze of car finance options and to help you into your new (or used) car ensuring that all your expectations and goals are met… even exceeded.

Which car loan is best for me with regard to business and personal use?

You’ll want to be able to justify greater than 50% business use of your car before looking at the various car loan options for business. You would need to document this business use with your accountant (your accountant should be able provide you details on exactly how you need to do this). If all is documented as should, then tax deductions can be made.

In the event you’re not going to be able to justify business use greater than 50%, a Personal Car Loan (Consumer Secured Loan) will almost certainly be the best option for you.

With this said, you may want to take a look at a Novated Lease. Novated Leasing can provide good advantages and benefits for individuals who use their car for both business and personal purposes.

More about Personal Car Loans (Consumer Secured Loans)

Personal Car Loans (Consumer Secured Loans) are purposed for those who use their car either primarily or wholly for personal use.

With Personal Car Loans your finance company provides the funds to the where the car is being purchased once your car loan is approved and all relevant documents have been provided. The finance company ‘keeps use’ of the vehicle (as security) – this means the car will be encumbered until such time as all the monthly repayments have been made.

When all the repayments have been made on the contract for the said vehicle, the loan contract is then deemed finalised by the finance company. The finance company then lifts the encumbrance on the car at which time you the client is given full legal ownership over the car.

It is also worth noting that Personal Car Loans (Consumer Secured Loans) are covered by the UCCC – that is the Uniform Consumer Credit Code.

And the other good thing about Personal Car Loans is that the terms are extremely flexible. Terms can range from as shorter time frame as 24 months, or can be stretched out as long as 84 months.

With Personal Car Loans you can elect a fixed or variable interest rate, put in your own cash deposit, even trade in your old car against the new one which again means there is a great deal of flexibility, however you’d like to work it.

This flexibility with Personal Car Loans means there’s a good chance that providing your car finance application is fairly strong, there is a very good chance your finance consultant will be able to tailor your repayments and package to perfectly suit your lifestyle and budget.

Car Loan Calculator

Our online Car Loan Calculator will give you some fast answers, but if you are looking for the best car loan or finance package, we highly recommend taking a minute to complete our car loan enquiry form. This way one of our experienced car finance consultants will be able to give you a fast, friendly and most accurate quote – and walk you through some options for further lowering your car loan repayments, or paying your car loan off quicker.