7 tips on How you can get your car loan approved fast (2021)
An approved car loan brings people a sense of great success and accomplishment, but there are some tips that you should know before you apply.
We can assist with finding the perfect car, truck, bike, jet ski, boat, caravan or equipment to suit your budget.
Hewcorp Finance has access to Australia’s leading banks and lenders and offer competitive finance, insurance and warranty solutions just for you.
The team at Hewcorp Finance are more than just brokers.
We understand that you have your own unique needs, and that’s why we take the time to know your circumstances, and develop tailor made finance solutions that help you achieve your goals.
Whether you’re looking for a new home, a family car, or a ute to store your tools, or a truck to boost your business capacity, perhaps even a boat to cruise beautiful Moreton Bay, or a caravan to see some of our great country, Hewcorp Finance is the answer.
That’s why we’ve been delivering peace of mind and the right finance solutions to Redland Bay and Bayside Brisbane since 2005.
it’s important to explore competitive financing options for your new pride and joy, unless you want to get caught in one of the many car buying traps.
When it comes to sourcing appropriate finance, it's important to ensure the loan is structured the right way, as well as offering competitive interest rates and fees.
Whether it's a small camper trailer, a fully featured caravan, a modern motor home, or a specialised trailer for a prime mover, we can help you.
With some of the most beautiful parts of Australia, it's only natural you might want to purchase a boat or other water based recreational devices and explore the waterways.
We’ve outlined some general information about some of the most popular vehicle loan structures. Business loans including Chattel Mortgage, Low Doc Loans and non business loans for consumer use.
Getting the right loan that not only meets your needs, but fits in with your long term financial goals is vitally important.
“We understand that you have your own unique needs and we take the time to get to know you and your circumstances so that we can develop tailor-made finance solutions that help you achieve your goals.”
Director, Hewcorp FInance
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Hewcorp Finance can proudly say that our service is considered to be industry-leading, Owen has 40+ years of experience. His aim is to find the best deal for our customers.
We have access to a range of finance companies - including some not available to the general public or through other brokers – and wholesale interest rates.
Owen is highly experienced and knowledgeable, and he provides industry-leading, personal service.
Having an experienced finance broker working for you can be invaluable at this stage, as they know how to best present your application to the lender.
We understand that you have your own unique needs, and that’s why we take the time to know your circumstances and develop tailor-made finance solutions that help you achieve your goals.
Fast approval, one-stop-shop with no headaches, deal with professional automotive specialists.
We offer flexible repayments from monthly, fortnightly or weekly for 1-7 years.
Put us on your test to see how much can you save on your car loan without any obligations.
A car loan allows you to borrow a certain amount of money to buy a car. In return for the loan, you pay interest to the financial institution that lent you the money. You need to pay back the loan within a certain period of time (called the term) which ranges from one to seven years.
The interest rate on car loans can be as low as early 3% depending on the customer profile and vehicle usage.
The cost varies from lender to lender and can be included in the monthly repayments.
Some lenders will make you pay a penalty, or early termination fee, if you pay off your loan ahead of schedule. This is to compensate them for the interest payments they don’t get to collect.
The resale value is the price you could realistically charge if you were to sell your car. Almost every car loses value each year, although at different rates. As a guide, cars depreciate on average by 14 per cent per year in the first three years and then eight per cent per year after that.
My husband and I have worked with Owen from Hewcorp Finance twice now and highly recommend his advice and assistance. Great service and support throughout the process, start to finish. We will definitely use his services again.
An approved car loan brings people a sense of great success and accomplishment, but there are some tips that you should know before you apply.
When talking to banks or finance brokers, you’ll often hear them use the term ‘balloon payment’, or ‘residual’ when describing the arrangements at the end of a loan term.
Spanning a career in the finance industry over 40 years, there aren’t too many scenarios that Hewcorp Finance Director and Principal Broker Owen Kirk hasn’t experienced.
Under the term Asset Finance there are a number of actual financing options such as Chattel Mortgages, Finance Leases, and Personal Loans etc.