In Australia, employees who are working with or some of the reputable and well known companies as a permanent employee can get a better Car Finance as compared to the Car Loans offered for the people who are not associated with a certain company. It is because when a person is affiliated with a reputable company that is capable of supporting the staff members directly, then there can be a lot of benefits that the employees could get benefited very easily.
If you are among those, who is an employee of a reputed company and you have to apply for a car loan and need a 100% approval for the financing, then you can try out asking for a Novated car lease.
A Novated Lease is the kind of financing facility that is available for the employees only and is supported by the company itself.
So, if a person applies for a car loan through the company the loan repayment will be directly paid via the monthly salary and the employee will get a salary after deducting the repayment before hand.
This makes it sure that the employee will never have to worry about the repayment or anything else and all will be handled by the company and they will keep deducing the repayment until its complete.
In contrast to this, if you are not an employee or have to apply for business purpose loans for Truck Finance etc, you may opt for Chattel Mortgage to make sure you never get into trouble and can stay safe from any extra charges.
In case of Bad Credit Car Loans a lender can also help a person by offering limited loans that you can repay easily. You can calculate the available car loan options for you using Car Loan Calculator by the particular company you are going to get or deal in for the financing facility.