Get the right car loan for you – Contact Car Loan World
Car Loan World specialises in finding the right car loan for your needs. We have helped 1000’s of individuals find an ideal car loan and best of all our service comes with no obligations. Contact us and get a quote today from our panel of lenders. We have an expertly trained team of understanding finance consultants to help find you a car loan at competitive interest rates no matter what your situation
About Car Loans
Personal car loans are ideal for people who want to buy a car but don’t have the money to pay for it upfront. By taking out a personal car loan, the borrower can spread the cost of the car over a period of time, which can make buying a car much more affordable.
When you take out a personal car loan, you will agree on a repayment schedule with the lender. Choose a loan amount that you can afford, and a repayment schedule that fits within your budget. The lender will usually charge a certain amount of interest on the loan, so be sure to take that into account.
There are fixed rate and variable rate personal car loans. A fixed rate loan will charge the same amount of interest over the life of the loan, making it easier to budget. The interest rate on a variable rate loan will vary according to the market and the lender – great if rates are low, not so good if rates are on the rise.
There are also secured and unsecured personal car loans. A secured personal car loan is usually secured against the car, where the car is used as collateral. This can make the loan cheaper and easier to get approved for as it is deemed less of a risk to the lender.
Instant Approval
Get a fast decision on your loan!
Flexible Payment Options
Choose a payment schedule that suits you!
100% Finance, No Money Down
No deposit to worry about!
Features and benefits
- Pay a lower interest rate by using your car as security
- Fixed interest rate for the life of the loan
- Choose weekly, fortnightly or monthly repayments
- No deposit required
- Get a fast decision on your loan with instant approval
- Loans over 2-7 years
Important Factors
to Keep in Mind
If you plan on taking out a personal car loan, you will need to decide how much to borrow. If you know which car you want to buy, this part will be easy. If you don’t know which car you want to buy, use a car loan calculator to work out how much you can afford.
Using a car loan calculator can help you work out how much you can afford to repay each month, how much you can afford to borrow overall, and how long you want the loan to last. It can also help you to compare personal car loans from different lenders.
Choosing a personal car loan that you can afford is the key to a successful loan. Don’t borrow a loan you can’t afford, or you may find yourself overstretched financially. Try to choose a loan over the shortest period of time with the lowest interest rate and affordable loan repayments.
Compare personal loan options, and take into account how much you will pay in interest and fees, as well as what features the loan offers. Always read the terms and conditions in full, and make sure the loan is right for you before you apply.