More Australians than ever are buying imported cars also referred to as grey cars. There are now some specific low deposit and no deposit finance options for buyers purchasing import cars.
Usually the big banks will not help as some import car borrowers are perceived as higher risk. Banks also rely heavily on Red Book and the Glasses Guide to identify the value of vehicles and vehicle information. This information is then reviewed with applicant information to determine the risk involved in lending. If information is not available in these guides, banks are not likely to provide finance.
We work with specialist lenders who are experienced in finding unique finance solutions for import (grey) cars.
Our teams are knowledgeable and experienced in finding different types of import car loan solutions from our panel of over 20 lenders. Our panel of lenders includes banks (both big and small), non-traditional lenders, and peer to peer lenders. This means we can help you find low rate loans that you might not see advertised.
A type of car loan borrowers use to purchase imported cars from countries outside Australia.
Ready to get the car of your dreams? Get finance ready for your import car. Get National Finance + Loans on your team. Ask questions or apply today by phone, online or in person.