Vehicle Loans

Vehicle Loans

There are many ways to buy a vehicle including from dealerships, privately (from people that you know, Trade Me and roadside sales) at auctions (Turners Car Auctions) or importing a vehicle purchased overseas.

Vehicle Finance

There are also many ways to source vehicle loans.

Dealer Offered Finance – this can sometimes be the cheapest as the vehicle importers or the dealerships might discount the finance to make the purchase seem more attractive.

Vehicle Finance Companies – this is a popular way to finance used vehicle and many dealerships have arrangements with finance companies, but your financial adviser may have access to better rates for vehicle loans as they have access to more than one source of finance.

Banks Offer Vehicle Finance – many people will go directly to their bank to arrange vehicle finance. Again your financial adviser may have access to better rates for vehicle loans as they have access to more than one source of finance being the various banks (including at residential home loan mortgage rates) and finance companies.

All Types Of Vehicles

Of course most families require car loans but at North West Mortgages we can arrange all sorts of vehicle finance from the basic family car to helicopters and most things in between including;

Car Finance – for everyday cars to classic and specialist vehicles

Boat Finance – for small trailer boats to larger launches and yachts

Commercial Vehicle Finance – for vans, trucks, diggers and other machinery

Aircraft Finance – for helicopters and planes

Get Payments To Suit

The key to getting the best vehicle loans is to ensure that the loan repayments suit your cashflow and the life expectancy of the vehicle.

Payments can be tailored to suit, the loan term can be matched to the time you expect to own the vehicle and balloon payments can be used (if required) to represent the future value.

Contact an adviser who can help you with your vehicle loans.

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