Auto Loan offers the most comprehensive auto purchasing solution, including:
• Highly competitive interest rates
• Loans for individuals including private sales, but excluding imported second hand vehicles
• Easy application online or phone us on 1300 136 000
• Mobile consultants for sign-up at home or work, in most areas
• Pre-approved loans allowing you to shop for your vehicle knowing that your finance is in place
• Extended Warranty and insurance for vehicles purchased privately, at a motor dealer or auction house
• A Bank Cheque to complete the purchase for private sales


Things you can do next

• Residual Value Estimate based on Taxation Guidelines
• Tips on finding and buying a car
• Looking to buy a vehicle privately?
• Information about GST
• Car finance calculator
• Insurance and warranty



Tips on finding and buying a car

Buying a car is exciting, but there are a few things to remember. Use this checklist to help you through the process.

1. Obtain your finance. Auto Loan can help you before you go shopping for a car, this way you know how much you can spend and will feel more confident in negotiating a better deal from the vendor.

2. Shop for you car. There are a number of places you can look for a car, each have their share of advantages and disadvantages.

New Car Dealers
Generally specializing in a particular brand of car. New car dealers can also stock used vehicles of the same brand and other brands which they may have traded-in or purchased from another source of sale.

A new or used vehicle purchased from a new car dealer often has a warranty as specified by the manufacturer or the respective State governments legislative requirements for older vehicles that have had the manufacturers warranty expire.

Auctions
Purchasing a vehicle at an Auction can save you up to 7-15% on the purchase price as most dealers purchase the majority of their used vehicles from the Auctions.
It is important to note however, the difficulties with purchasing at an auction:
a. Checking the vehicles condition. Although many of the vehicles have NRMA inspections or similar you are normally not allowed to test-drive the vehicle.
b. There are no warranties on vehicles bought at Auctions.
c. Experience at least one Auction prior to purchasing a vehicle. This enables you to obtain a reasonable price on the vehicle/s you are interested in.

Used Car Dealers
Used car dealers vary considerably in size and the stock held. Vehicles purchased from a used car dealer can be less expensive than those purchased from new car dealers. A used car dealer may specialize by make, price or vehicle type, for example a 4WD specialist.
All dealers both new and used must guarantee good title on a vehicle sold.

Private Purchases
The cheapest method of purchasing a used motor vehicle is to buy it privately.
Things to look for:
 • Some states have a legal requirement for the seller to provide written proof that the car meets road safety requirements
 • Make sure you test-drive the vehicle
 • Obtain a motorists association inspection where possible
 • Obtaining clear title is essential. A clearance from REVS (register of encumbered vehicles) does not in itself provide good title
 • There are the 'backyard' dealers i.e. those individuals who operate from home and pretend to be private sellers

Car Markets
 •  Usually a location where private sellers gather together
 • Normal conditions include displaying the price of the vehicle and a current roadworthiness certificate



       Information Required Before Apply -
                          Auto Loan

Age of the vehicle
Make & model of the vehicle
Cubic centimetre capacity
Number of cylinders
Transmission (auto/manual)
Body type (sedan/hatchback/wagon)
Kilometers
Any extras that are non standard with the model e.g.    sunroof air conditioning, alloy wheels etc