My Money House is very experienced in providing Secured Car Loans and Novated Leases to ensure customers can purchase their first car or update their current vehicle.
The benefits of a secured car loan include:
- Flexible loan repayment periods for 2 to 7 years
- The option for a residual value to reduce the monthly repayments
- Competitive interest rate
- A lump sum option to reduce the balance owed on the loan
- If the car is used for business purposes, a tax deduction can be made
- Lower interest rates due to the loan being secured against the vehicle
A novated lease works in the following way:
- The Novated Lease is a three-way agreement between you, your employer and the finance company.
- You will be using your pre-tax income to pay for the novated lease.
- You are the legal owner of your vehicle.
- You will be able to choose the vehicle that’s right for you.
- You will enjoy a higher disposable income.
For more information about a Car Finance, please visit My Money House.