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When it comes to getting the best car finance rates, it really depends on the borrower’s personal circumstances. His credit score must be really good if he wants the lowest possible rates. That’s where a car finance broker can help by analysing the borrower’s situation. He will then recommend the right lending institution. To learn more about this, check out these slides.
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A lot of people ask what the lowest rate is, and I understand why that would be a customer's first question when we speak to them on the phone. It really depends on their personal circumstances, their financial history, the car that they're buying and a number of other things. So that's where we as a broker come in. We assess their situation. We do a needs analysis and figure out what they're looking to do and what's going to best suit them. Then we advocate on their behalf with the banks to find the best rate for them. This is going to be a difficult question to answer just off the bat - what's the best rate? But after we do some inquiries and have an opportunity to speak to them, we can often get them a great deal.
IN THIS VIDEO: Senior Asset Finance Broker Francis Valente explains how brokers can help get great deals.
Do you want to get the best car finance interest rates? Our brokers can assist you with this. Get big savings and much better rates compared to whatever the banks and car dealers can offer. Visit our website today to get started.