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No Finance For Imports

RedDragonAus
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RedDragonAus Explorer

RedDragonAus

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My rant,

I found and did the deal for a V35, all the paper work for the credit app done. Jumping through hoops for what was to be a replacment loan for a evo I just sold. Then I get a call from my broker (after 2 weeks of paperwork) saying 'Sorry, Esanda dosent finance imports now, We thought it was a 350Z'. So they did a check of a few other companies for me and every one has either stopped dealing with imports or has made it very hard to finance (30% down ect).

Is this something that the australian auto industrie is pushing on finance comapnies?

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https://www.sau.com.au/forums/topic/279549-no-finance-for-imports/
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mjay Community Regular

mjay

Posted
Posted
My rant,

I found and did the deal for a V35, all the paper work for the credit app done. Jumping through hoops for what was to be a replacment loan for a evo I just sold. Then I get a call from my broker (after 2 weeks of paperwork) saying 'Sorry, Esanda dosent finance imports now, We thought it was a 350Z'. So they did a check of a few other companies for me and every one has either stopped dealing with imports or has made it very hard to finance (30% down ect).

Is this something that the australian auto industrie is pushing on finance comapnies?

had a similar problem when getting finance for mine through cba.. talk to the manager and say its a fcukn 350z ... exact same car.. dont be afraid to be an asshole.. esp coz u got nothin to lose

RedDragonAus Explorer

RedDragonAus

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Hey.

Grab a personal loan (instead of car loan). Im pretty sure they wont give a crap what car it is. You will actually own the thing too...

Interest rate will be a bit higher tho.

I have to do it as CHP for work, otherwise I would just get it from my home loan. Westpack may be coming to the party.

180 wanabe Proficient

180 wanabe

Posted
Posted

Personaly I have never financed a car yet... well I did take out a cash advance from citibank for 5 K @ 2.9% to help get my V35 but I made sure it was all paid off before the 6 month teaser rate was over and the normal rate kicked in!

but otherwise funk paying +10% interest on something thats going to go down in value over time not up!

RedDragonAus Explorer

RedDragonAus

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The car is a buisness expense and the intrest and the depreciation is a tax deduction. I will make more than 10% (not that my intrest rate is that high) on the money NOT tied up in my car. I just couldn't belive that Esanda wont cover imports anymore. I have had 4 cars with them and this was to be the 5th as well as the buisness is looking to change banks. Doesnt look like Im staying with ANZ.

BASHO Mentor

BASHO

Posted
Posted

Interesting--got to be be local automotive industry motivated , finance dosen't give a furry rats ass as long as the vig is payed.

Stupid farkers can't build/import the cars people want, so they obviously can't sell the shit so they decide they'll penalise the lunatic fringe, thats us, who buy grey imports (often because the industry was to stupid or greedy to bring them in in the first place.)

Now there's a smart move, that'll get us buying Falcadores, in fact I think I'll rush and get one now- ah hem. :P

And they wonder why they're going / gone broke.

;)

RedDragonAus Explorer

RedDragonAus

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None of the banks are coming to the term I can get for an australian deliverd car which I need for work. Looks like the 350Gt is not going to happen for me :D

I had a look at 3 350Zs today that were in the same price range. All were clapped out with bad paint and very worn interiors so Im going to look at a few subies now.

I have a set of coilovers for it already too, anyone want a deal?

MILLOS Community Regular

MILLOS

Posted
Posted

Hwy Jon how are you going?

I'm sorry to hear that you will not be able to get your V ;)

I am a Chartered Accountant and I got the loan for my V a couple of months ago through my work, we have a finance lending division at the firm.

We are based in Melbourne, but via emails and phone calls this can all be arranged.

I could get one of the guys from work to give you a call if you wish and see what they could do for you.......a last chance to see if you don't have to get rid of your coilovers :D

Let me know if you're interested, send me a PM

If you're not interested or if it is really too late, not too worry mate, just don't want you to miss out on such a great car that the V is!!!

n15m0 Grand Master

n15m0

Posted
Posted
Hwy Jon how are you going?

I'm sorry to hear that you will not be able to get your V >_<

I am a Chartered Accountant and I got the loan for my V a couple of months ago through my work, we have a finance lending division at the firm.

We are based in Melbourne, but via emails and phone calls this can all be arranged.

I could get one of the guys from work to give you a call if you wish and see what they could do for you.......a last chance to see if you don't have to get rid of your coilovers :)

Let me know if you're interested, send me a PM

If you're not interested or if it is really too late, not too worry mate, just don't want you to miss out on such a great car that the V is!!!

Millos,

What type of loan did you get from your lending division and what is the % interest rate charged? I might be interested down the track if and when the price of V36 coupes become more reasonable.

Nightcrawler Grand Master

Nightcrawler

Posted
Posted

Stupid finance companies/banks. This attitude was (almost) reasonable when grey imports weren't in the Red Book and difficult to get comprehensive insurance on .... but now they ARE in the red book (even the V35!), and are easy as to get full comp on, I can't see their issue ....

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