How it Works
Buy your next new or used car faster and with less hassle with Finance King. Our experienced brokers will do the leg work for you to find the lowest rates and the most favourable loan terms for your next vehicle purchase.
Car Finance Calculator
Frequently Asked Questions
Can I get pre-approval for a car loan?
Yes, our brokers can get you pre-approved for a new or used car loan on the Sunshine Coast in as little as 24-hours. Depending on how quickly you're looking to move, our brokers can work with you to secure pre-approval as quickly as possible.
Can I get finance for a used car?
Yes, we can offer finance and car loans for both new and used vehicles. It's worth noting that used car finance typically attracts a slightly higher interest rate than a comparable new car loan due to the extra risk that is taken on by the lender.
What's the maximum I can borrow?
Your borrowing capacity will depend on your unique financial circumstances. Factors such as loan history, employment status, debt-to-income ratio (DTI), and a range of other factors are used to assess your borrowing capacity. To get a more accurate idea, you can use our free online personal loan calculator.
How do the loan repayments work?
Car loan repayments work to pay the principal of the loan - this is the amount that you borrow to purchase the vehicle - and then part of the interest of the loan - this is the amount of interest that is charged to you by the lender.
The terms for each loan are slightly different, so it's important to understand your repayment schedule and loan terms before moving forward. Our car loan brokers will make every effort to communicate your repayment obligations before you move ahead.
How often to interest rates change?
Fixed rates will remain the same throughout the term of your car loan, while variable loans can fluctuate in line with market conditions. It depends on your specific loan product and terms.