As an award-winning provider of speciality finance, Liberty understands that the difference between ordinary and extraordinary comes from providing that little bit extra.
While it may not have the longest history in the business, Liberty has been around for more than 20 years. During that time, it has expanded to offer home loans and personal loans, car loans and business loans.
Offering flexible solutions to allow customers to find their perfect loan, Liberty has assisted more than 210,000 customers by advancing more than $19 billion in funds.
In doing so, it has picked up numerous industry awards and accolades, while providing its customers with innovative solutions and competitive prices, offering support and service, with greater choice and freedom.
Why choose Liberty for your car loan? If you’re looking for a flexible solution to your car financing needs, if you have had trouble fitting into other lenders’ borrowing categories, Liberty may just have what you need.
Liberty offers a range of car financing options
Liberty offers a range of car financing options, with car loans to suit many different types of driver. From Liberty Drive and Liberty Business, to Low-doc car loans and Out of the Box car loan solutions, Liberty’s car loan options are well worth a closer look.
Offering Liberty’s lowest car loan interest rate, Liberty Drive is the go-to car loan option for most types of driver. Applicants can borrow $5,000 to $100,000 over a period of two to seven years, with weekly, fortnightly and monthly repayment options available.
Balloon payments are also an option on this type of car loan, allowing you to pay a lump sum at the end of the loan, to keep repayments as affordable as possible.
Liberty also offers a Flexible Payment Arrangement on this car loan, allowing you to reduce your monthly repayments by up to two thirds when you want to use your money for other things.
Meanwhile, Insurance Shortfall Protection on this loan can protect you should your car be written off. If your car is written oﬀ, ISP will cover any balance on your car loan, leaving you with peace of mind – instead of a large payment to cover.
Liberty Drive can be a good option for young drivers looking to invest in their own car. Liberty can offer drivers under 23 loans of up to $35,000, depending on their circumstances.
Unlike Liberty’s other car loan options, Liberty Business offers car financing for business use. Car buyers may choose this loan for its competitive fixed rate, its extra car loan protection, and its flexible payment options.
Similar to Liberty Drive, Liberty Business offers loans of $5,000 to $100,000, over two to seven years, with weekly, fortnightly or monthly repayments, and balloon payment options available.
Flexible Payment Arrangement and Insurance Shortfall Protection are also on offer, while other handy benefits such as car loan protection options, low-doc application and older vehicle financing can make this a very appealing option for business owners.
Low-doc Car Loans
With traditional car finance options, some car buyers can find it hard to get approval on a loan. This can be especially true for those who are self-employed. However, Liberty can offer an alternative with its low-doc car loans.
Open to finding alternative ways to verify applicants’ income, Liberty offers competitive car loans to self-employed car buyers, with loans from $5,000 to $80,000 available (according to circumstances).
Again, these loans are offered over a period of two to seven years, with balloon repayments and weekly, fortnightly and monthly repayment options available. Liberty’s Flexible Payment Arrangement and Insurance Shortfall Protection are also on the table.
Out of the Box Car Loans
Some car buyers just don’t match the requirements of traditional lenders, which can make it very difficult to get approved for a car loan. Offering an alternative solution for these types of car buyers, Liberty has its ‘Out of the Box’ car loans.
Whether you have a poor credit history or an irregular income, Liberty promises to look beyond your past, to focus on your current financial circumstances.
By thinking outside of the box, Liberty creates a customised finance solution for car buyers who may have trouble getting approved elsewhere.
These Out of the Box car loans are offered on older vehicles up to 20 years old, allowing car buyers to borrow $5,000 to $75,000 over a period of two to seven years. Balloon payments, flexible repayment schedules, Flexible Payment Arrangement and Insurance Shortfall Protection are again, in play.
Comparing Car Loans
When comparing car loans with Liberty – and with those from other lenders – be sure to use a car loan calculator to work out an affordable repayment schedule, while choosing the car loan with the best value. Be sure to take into account any establishment fees, ongoing fees and any other fees that may apply.