Lotus Excel Car Finance from Beat the Banks Aussie Mortgage Masters
Cheap Car Loans
Several factors come into play when searching for car finance for your Lotus Excel loan. These factors include the type of loan such as short or long term or whether it is a secured loan and your credit quality.
Secured loans are loans that use an Lotus Excel the vehicle being purchased, as the security for the loan. In the even that repayments are being met the credit provider can repossess the asset to recover their money.
Unsecured loans do not use an asset such as the Lotus Excel as security and if the loan is failed to be repaid the credit provider can take you to court to recover the property and money lent. These loans are often harder to acquire as it is often a larger risk to the credit provider and the interest rates are usually higher as well.
Low Doc Car Loans
Low-doc loans refers to a loan product that has a lower requirement for documentation of an applicant. For low-doc car loans they often require that the Lotus Excel be primarily for business use.
Car Buying Tips
Purchasing near the end of the month can provide a better discount for your new Lotus Excel from a dealer as often they will operate on monthly sales targets. This will mean that car dealers will be more likely to offer discounts and additional free extras at this time.
Knowing the typical drive-away price for a Lotus Excel along with the cost of any extras will provide a comparison to the price being offered by the dealer for the Lotus Excel being offered.
Dealers will often compete with each other, which makes getting multiple offers from different dealers, one technique to reduce the price for your Lotus Excel.
Ensure that you perform a test drive, as knowing how the Lotus Excel feels to drive, compared to another Lotus Excel’s will help you decide which one you prefer.
Bad Credit Car Loans
These loans are designed for people who have poor credit history and therefore often have difficulty in receiving approval for car loans.
Lease or Buy?
Buying a Lotus Excel is considered a better deal than leasing as leasing is effectively renting a car continuously. The expiation to this is if your Lotus Excel is a deductible business expense, as leasing allows a much larger tax deduction. this is probably one of the main exceptions that leasing has over purchasing a vehicle.
The monthly repayment for purchasing a car are often higher as you are buying a whole car not just renting it. Also often when leasing you will be locked into a contract with large penalties to exit early.
Used Car Loans
Used car loans will operate the same way as new car loans. Usually the Lotus Excel that is being purchased will be the security for the loan allowing a more competitive interest rate. Loans can be between $2,000 and $70,000 however if will often depend on the credit provider and your credit history and the age of the Lotus Excel.
The benefit of loan protection insurance for your Lotus Excel, is to provide assistance with the loan repayments including paying out the remainder of the loan if your circumstances change making you no longer able to meet your commitments. The levels of cover are usually depend on the circumstances that are preventing you from making loan repayments.
- Death Cover
- Disability Cover
- Death & disability cover
- Disability and involuntary unemployment cover
- Death, disability and involuntary unemployment cover
Novated lease refers to when the obligations for your Lotus Excel in the lease contract, are transferred from one party to another.
Often used in Australia to refer to the arrangement of a motor vehicle being included within a salary packaging where a lease is novated from an employee to an a employer.
In the case of salary packaged novated lease, employee leases a motor vehicle and the employer agrees to take on the obligations of making the lease payments.
Lotus Excel – SPECIALIST SERVICES INCLUDE
Now that your Lotus Excel is looking great again, their are a few other things you can do to keep your Lotus Excel running well.
Super Quick Oil Change provide pre purchase vehicle inspections for your Lotus Excel at a residence or dealerships. Mettams Mufflers Perth, can provide better fuel efficiency and power with a custom performance exhaust system for Lotus Excel models.
Perth Towbar Fitters can fit quality Lotus Excel Towbars in three Perth locations. For fiancing you can contact us directly or you can contact Westcorp Capital, finance for a new Lotus Excel with competitive car loans for Lotus Excel. If your new Lotus Excel has any scratchs or scuffs contact Car Clinic for mobile scratch removal for your Lotus Excel.