Loan Company

[R34NRG]

im normally with commonweath and stuff and they dont normally touch car imports for loans. but because im a full member they said they will try. ill get a answer tm morning.

i have a feeling it wont go through so i was wondering wat other places will lend me a loan for a import?

can u please tell me the interest rate aswell thanks.

i bought my r34 at kamakazi motors and they have a inside guy that will give us a loan but a freakin interest rate of 13% (dats like 2.4k)

help us out guys

[Amaru]

Get a personal loan not a car loan, they dont care what you use the money for then.

[Mr Italy!]

Loans are the devil.

Try hit up a family member for a loan, work something out with them and sign some forms etc. Much cheaper, easier and hey atleast your giving like 5% (or whatever interest rate you guys work out) to a family member instead of throwing it at a bank which makes 2 billion dollars profit in 4 months.

Edited February 20, 2006 by Mr Italy!

[RBFIRE]

the things we do for car! :lol:

St george is pretty decent,

U can take up a holiday LOAN, they give u cash, u spend on wat is ever up to u,

my brother TOOK on 25k loan, the interests is 11.85%,

dun go to commo, they charge like 12.20%

compare the rate from all the banks, if that is the path u take,

[ScorpR32]

I've had 2 recent loans with both National & St George. I found National are the quickest + at the time they were waiving the application fee. St George have been a bit slow lately with both approvals + processing.. i.e. you call the processing dept and wait like 15-20 mins. Probably check the interest rates though.

[Topaz]

I got a $25k loan with my parents as a guarentour (sp?) so my repayments only have about 8.5% interest . The money is automatically transfered from my account to my parents either instantly or a day or so before the payment is made to the bank....

[raz0r$harP.UK]

Good place to check out interest rates is www.infochoice.com.au

Usually have trouble getting a loan for an import for two reasons:

1) age (generally over the 3/5/8 year old maximum age for a car under loan purchase)

2) it's an import

[someonestolecc]

You get a personal loan then spend it on whatever you want.

Car loans are like mortgages. They won't accept imports because they won't want to sell them.

Personal loans are not guaranteed, so attract a higher rate of interest but you get to do what you like with the cash.

If you can't sort out a cheap rate for yourself you should probably not sign anything yourself and ask your parents to help you... (assuming they know how to shop around)

[**JaR**]

take up a personal loan. if they wask what the moneys for...

and they shouldnt coz really they arent supposed to. say its for house renovations or something....

thats what i did

[Bliksem]

Esanda about 9.5% i think but this was like 3 years ago.

they did my FTO...

the skyline doesnt have a loan though.

Edited February 20, 2006 by MintR33

[Veilside R33]

I met with St. Goerge today, interest rate is about 11.5%

They do both fixed and variable loans, the fixed means that the rate won't change (duh) but if you pay the loan off early, you incurr additional fee's.

The variable allows the rate to fluctuate but it almost never does much either way.

The majority of loans done are on variable terms.

I'm meeting with CPS tomorrow as i think they are doing about an 8.5% variable.

I'm having to shop around, as being purely on commission i'm hard to finance.

[MFC05]

just go personal loans but the downside is thr interest rate are generally pretty high