Secured Car Loans

What is a secured car loan?

A Secured Car Loan is a personal finance loan where the loan provider lends you the customer funds to purchase a motor vehicle and secures the loan against the vehicle.

How does a secured car loan work?

You the customer are the owner of the vehicle, the financier takes an interest in the vehicle as security for the loan. Once the loan has been repaid the financier removes their interest in the vehicle.

Secured Loan Features

  • Flexible contract terms ranging from 12 to 84 months (one to seven years)
  • A balloon value can be applied to the contract enabling the monthly repayments to be tailored to a budget
  • Choice of fixed or variable interest rates
  • A tax deduction may be available when the vehicle is used for business purposes
  • The loan is secured against the vehicle, allowing lower interest rates
My Money House Group of Companies

My Finance House

My Property House

My Rental House

My Planning House

 

My Insurance House

Enter the Market

My Accounting House

Freedom Solutions Group

CONTACT US

My Finance House Pty Ltd (ABN: 93 152 933 027) and its advisors are authorised representatives of Australian Finance Group Pty Ltd (ABN: 11 066 385 822) ACL: 389087. My Property House Pty Ltd (ABN: 95 546 970 124) holds corporate licences in SA (RLA258698), VIC (075837L), NSW (10023837), QLD (3734768). My Insurance House Pty Ltd (ABN: 98 617 730 506) and its advisors are authorised representatives of Spectrum Wealth Advisers Pty Ltd (ABN: 57 134 661 706) AFSL: 334400. My Planning House Pty Ltd (ABN: 67 250 050 701) is a referral partner to BAM Financial Planning (ABN: 38 243 277 188) who are a corporate authorised representative of Financial Services Partners Pty Ltd (ABN: 15 089 512 587) AFSL: 237590. My Accounting House (ABN: 93 989 069 265) is a referral partner to Rowe Partners Pty Ltd (ABN: 59 105 365 688).

© 2019 All rights reserved - MY MONEY HOUSE