View Full Version : Westralian Auto Finance
LooneyToons
03-01-2010, 06:59 PM
has anyone gotten a loan through this company before? i am considering applying for a $10000 loan through them and was wondering what kind of interest i can expect to pay any cracks i should be looking for in paper work things like that this is the 1st loan i am applying for and was wondering what my best options are, thank you.
Brett_J
03-01-2010, 07:18 PM
I was gonna go through them a while back now, the guy was a bit dodgy, Said I put a 2k deposit down on the car when I didnt and bumped the price up 2k to make it easier to get finance, which is illegal I found out. Apart from that made me say I earnt more than I did and had nearly zero bills, was starting to get way too dodgy and I didnt go through with it.
YOUR MATE
03-01-2010, 07:26 PM
RAC have been great for loans since I've used them. Had 3 or 4 over the years. Dont charge you more for paying off early and interest rates for members is pretty decent.
LooneyToons
03-01-2010, 07:44 PM
ahhh RAC is my insurance so maybe thats my best bet.
magic1
03-01-2010, 08:33 PM
use BMW finance, VERY LOW
satch
03-01-2010, 08:57 PM
use BMW finance, VERY LOW
WHS ^^
Otherwise have used Toyota and Bankwest as well, Bankwest was just peace of mind for moving money in/out and redraws etc as i had account with them at the time.
Jizz-Lebrity
03-01-2010, 09:32 PM
Wankbest's rates were pretty good for me, just be careful not to pay the loan out earlier than the terms of the contract say you can. Keep an eye on the loan with net banking and change the payments to $10 a week or something insignificant when the balance gets down to a couple of hundred dollars to avoid break fees :)
LooneyToons
03-01-2010, 10:15 PM
i bank with anz and use rac for my insurance im goin 2 ring around a few 2morow. cheers for the advice.
Drift_R32
03-01-2010, 10:19 PM
RAC fast track has served me well and i was on 10% which was great..but the place i got the finance, as in the car dealer honestly talked out his arse to the people at RAC cause he delt with them so much and withi 15mins i had 30k in my account,
Basically atm if your paying over 10% its too much
Macca
03-01-2010, 11:07 PM
i bank with anz and use rac for my insurance im goin 2 ring around a few 2morow. cheers for the advice.
just make sure u dont "apply" for too many. It also goes on your credit rating even if you dont go through with them.
ie sign the privacy disclaimer and then pull out
Brett_J
03-01-2010, 11:15 PM
just make sure u dont "apply" for too many. It also goes on your credit rating even if you dont go through with them.
ie sign the privacy disclaimer and then pull out
I had a finance broker send 6 out at once for the one car, I only signed the one, couldnt understand why I got rejected, that was till I got the the credit report mailed to me 2 weeks later.Fucking idiot.
mr_rotary
04-01-2010, 08:00 AM
Bank of Queensland. I have my car and my wife's through them. Out of about 4 banks I contacted to get another loan, these guy's bent over backwards to cater for my needs and had the lowest interest rates by 2%. And I don't even bank with them!
Awesome customer service, I can't recommend them highly enough.
jOh4n
05-01-2010, 02:11 AM
use BMW finance, VERY LOW
with regards to BMW finance, does the loan only apply to buying a BMW or a car in a BMW dealer yard only?
use BMW finance, VERY LOW
with regards to BMW finance, does the loan only apply to buying a BMW or a car in a BMW dealer yard only?
yeah, got any contacts for this?
want to get quotes for $38k asap (to buy a private car)
cheers
Cheapest money you can buy at the moment is RAC finance, if your a member, its a very competitive product.
i dont use them, got health, home & car insurance thru hbf.
i used to have a good loan broker at easifleet so will see if he still works there 2morrow.
any other options would be good, want the lowest rate & best deal etc. Im a very low risk lol, want another chattel mortgage
cheers
Milhouse
17-01-2010, 10:37 PM
just make sure u dont "apply" for too many. It also goes on your credit rating even if you dont go through with them.
ie sign the privacy disclaimer and then pull out
if you try to go for finance thru your bank and are unsuccessful, it basically shows up as an enquiry and doesn't affect your credit rating tho...
i dont use them, got health, home & car insurance thru hbf.
i used to have a good loan broker at easifleet so will see if he still works there 2morrow.
any other options would be good, want the lowest rate & best deal etc. Im a very low risk lol, want another chattel mortgage
cheers
Chattle is a different ball game all together. RAC is a consumer loan product.
rate isnt eveything, I could show you a great rate and still make a fortune out of you in fees ;)
Anyone that can get you under %10 on a Chattle is prety much on the game. How they set up estab fees etc is up to whos doing your finance. Bendigo and St George arent too bad. Nor is Esanda if your asste backed.
Go direct through the financier not a broker.
good to know, thanks for that.
Im very asset backed so wouldnt mind a decent deal.
cheers
if you try to go for finance thru your bank and are unsuccessful, it basically shows up as an enquiry and doesn't affect your credit rating tho...
Not quite true Owen, It does show up as an enquirey as you said. If there are alot of enquireys in short succesion, banks will decline a loan because they see alot of enquires, Basically they assume that youve applied for a loan and not been given it and they must have missed soemthing, so they will be un willing to press the approve button.
Chattle is a different ball game all together. RAC is a consumer loan product.
rate isnt eveything, I could show you a great rate and still make a fortune out of you in fees ;)
Anyone that can get you under %10 on a Chattle is prety much on the game. .
just had a quote from a broker ive used before.
quoted 9.25% on a chattel mortgage ($800 a month x 60, fees of $350)
just called to look at the car & its sold, fuck!
YOUR MATE
18-01-2010, 10:29 AM
As for being with RAC, all it takes to get their members interest rate is to sign up for Roadside assitence. $50 is the entry level I think, and only have to be a member when you take it out, so you can drop it after the first year if you like.
just had a quote from a broker ive used before.
quoted 9.25% on a chattel mortgage ($800 a month x 60, fees of $350)
just called to look at the car & its sold, fuck!
Thats a good deal for a 38k lend.
thanks for your opinion, yeah i thought it was a good deal, considering all he asked me was how long ive owned my home for.
if i find a car & go thru with it i will try & get the rate down a bit maybe.
cheers
GTS4SUM
18-01-2010, 11:21 AM
use BMW finance, VERY LOW
+1 im with them too
and no u dont need to buy a bmw to get a loan from them
plus there is no chage 4 paying off the loan early!
dont want to pay it off early
cheers
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