Jump to content
SAU Community

Recommended Posts

Guest reggin

just hoping for the names of any banks/finance lenders that offer finance to purchase a skyline, recently sold my car and my dad had agreed to take out a loan on my behalf to cover to rest of the cost of an r34 non turbo however upon ringing his bank (st george) he was told they would not offer finance because it is a high risk vehicle and fully imported, any help would be appreciated, thanks

Link to comment
https://www.sau.com.au/forums/topic/84197-financing-a-skyline/
Share on other sites

which bank? the commonwealth bank :(

both my car loans thru them, i did list "nissan skyline + parts" on the loan applicaiton as uses...no questions asked, no dramas, applied, got the loan the next day...and that was for a fully imported gtr, including paying for importing and the car itself...

strange that st george wouldnt do it? heard thay have lots of nice fees tho on their loans, commbank = not many fees IMHO

look into the members equity building society in VIC also or newcastle credit union, they have some pretty competitive rates...

Guest reggin
which bank? the commonwealth bank :(

both my car loans thru them, i did list "nissan skyline + parts" on the loan applicaiton as uses...no questions asked, no dramas, applied, got the loan the next day...and that was for a fully imported gtr, including paying for importing and the car itself...

strange that st george wouldnt do it? heard thay have lots of nice fees tho on their loans, commbank = not many fees IMHO

look into the members equity building society in VIC also or newcastle credit union, they have some pretty competitive rates...

thanks for your input, if you dont mind me asking was that with a secured or unsecured loan?

if you go for a personal loan they really shouldnt knock you back because of the car it is, it is strange that st george knocked you back.

i got my loan through the national, but if you ring up any finance place they shouldnt give you any trouble providing you have a job and have been there for more than 6 months they should give you a loan no worries

its b.s. they ask you "what is the loan for?" isn't the idea for a personal loan, that it can be for anything?

they wouldn't lend my mate money just because he said it was for "a holiday" and they wouldn't lend it to him because they didn't believe he was using it for that purpose.. what a croc.

seriously??? thats gay.

when i went for my loan they asked whats it for, i said a car, they said what sort, i said a nissan, thats all i said and they went  :angry: ok

hope they approve mine! got a guarantor, and its gonna be commonwealth so hopefully its sweet

1 of the online checks i did, i think it was westpac said in-eligible if its for an import

DO NOT GO WITH COMMONWEALTH OR ANY BIG NAME AUSSIE BANKS!!!

Reasons: Way too expensive and a big lack of customer support when it comes to negotiating the best option for your situation - been there done that! Most just asked what it was for, my age, and then turned me down (they have way too much emphasis on age and what it is for, didn't even consider my income or financial assets).

Solution: Personal loan!!! It doesn't hold your car as security and it also doesn't fix in the amount of interest meaning you could pay it all back in no time with no interest!

Personally I went down this path after being turned down by countless banks on the R34. Most said the 34 did not qualify for their secured car loan conditions. HSBC turned me down too, but they offered the Personal Loan instead - ends up being $20 a fortnight more expensive :D

$28000 over 5 years @ 9.95%pa = $320 a fortnight (paying at this frequency gets reduces the interest by an amount which is equivalent to $4000 meaning I pay off the loan in 4.5 years

DO NOT GO WITH COMMONWEALTH OR ANY BIG NAME AUSSIE BANKS!!!

Reasons:  Way too expensive and a big lack of customer support when it comes to negotiating the best option for your situation - been there done that!  Most just asked what it was for, my age, and then turned me down (they have way too much emphasis on age and what it is for, didn't even consider my income or financial assets).

Solution: Personal loan!!!  It doesn't hold your car as security and it also doesn't fix in the amount of interest meaning you could pay it all back in no time with no interest!

Personally I went down this path after being turned down by countless banks on the R34.  Most said the 34 did not qualify for their secured car loan conditions.  HSBC turned me down too, but they offered the Personal Loan instead - ends up being $20 a fortnight more expensive :P

$28000 over 5 years @ 9.95%pa = $320 a fortnight (paying at this frequency gets reduces the interest by an amount which is equivalent to $4000 meaning I pay off the loan in 4.5 years

i always intended on going a personal loan, not a car loan....

may i ask what financial institution you used?

and you may find that your interest rate is lower than commonwealths 12.24% because your loan is a lot larger...

HSBC Australia.

Apart from some communication problems with their call centre staff, I can't really fault them on too much.

Their assessment system is pretty good and they are more than helpful when suggesting alternatives or other options.

Hope it works out for you mate!

HSBC Australia. 

Apart from some communication problems with their call centre staff, I can't really fault them on too much. 

Their assessment system is pretty good and they are more than helpful when suggesting alternatives or other options.

Hope it works out for you mate!

how do you make repayments ?

just that im with commonwealth and they make it easy as with scheduled transfers from ur net bank accounts etc

Direct Debit on a nominated Fortnightly basis... only because I get paid fortnightly.

If I got paid weekly I would do it that way and probably save another half year on that in interest too (you can nominate the option you want before taking the loan).

I'm with Commonwealth too, they just DD from my account - no charges associated with it.

Direct Debit on a nominated Fortnightly basis... only because I get paid fortnightly.

If I got paid weekly I would do it that way and probably save another half year on that in interest too (you can nominate the option you want before taking the loan).

I'm with Commonwealth too, they just DD from my account - no charges associated with it.

so where would you go to see their loans etc? a website or apply over the phone or what?

www.hsbc.com.au

After that you just download the forms , fill them out and submit them!  They call you and confirm everythin, send you the contract, you return it and the money is in your account!

thanks mate

what was the turn around on applying, being approved, and receiving funds?

how long did it take etc

thanks

Well for me it took a little longer as I applied for a car loan at first (they called me later to tell me i wasn't applicable).

I'd say that if you got your application submitted and posted off, the total time would be about 1 week before financing takes place.

If you do it over the phone it'll be faster.

Don't bother with a secured loan, you get every excuse in the book. To old, to fast, to imported... Unsecured with the Commonwealth, approved with in 20min over the net (in pincipal) in about 3-4 working days the branch you nominated calls you and makes an apointment to view all your payslips ect to back up what you said in the online application, the next day you have the money in your account. Done. Unsecured is the way to go, only asked what it was for out of general interest of the loan officer. Shes like, "o yah kool a skyline..."

Then you get the car and a week later it needs a new gearbox... its all good...

Don't bother with a secured loan, you get every excuse in the book. To old, to fast, to imported... Unsecured with the Commonwealth, approved with in 20min over the net (in pincipal) in about 3-4 working days the branch you nominated calls you and makes an apointment to view all your payslips ect to back up what you said in the online application, the next day you have the money in your account. Done. Unsecured is the way to go, only asked what it was for out of general interest of the loan officer. Shes like, "o yah kool a skyline..."

Then you get the car and a week later it needs a new gearbox... its all good...

well i have a "contact" at commonwealth, so she'll prolly hook me up when i call on monday...

as for the gearbox, i certainly hope not

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now


  • Similar Content

  • Latest Posts

    • As discussed in the previous post, the bushes in the 110 needed replacing. I took this opportunity to replace the castor bushes, the front lower control arm, lower the car and get the alignment dialled in with new tyres. I took it down to Alignment Motorsports on the GC to get this work done and also get more out of the Shockworks as I felt like I wasn't getting the full use out of them.  To cut a very long story short, it ended up being the case the passenger side castor arm wouldn't accept the brand new bush as the sleeve had worn badly enough to the point you could push the new bush in by hand and completely through. Trying a pair of TRD bushes didn't fix the issue either (I had originally gone with Hardrace bushes). We needed to urgently source another castor arm, and thankfully this was sourced and the guys at the shop worked on my car until 7pm on a Saturday to get everything done. The car rides a lot nicer now with the suspension dialled in properly. Lowered the car a little as well to suit the lower profile front tyres, and just bring the car down generally. Eternally thankful for the guys down at the shop to get the car sorted, we both pulled big favours from our contacts to get it done on the Saturday.  Also plugged in the new Stedi foglights into the S15, and even from a quick test in the garage I'm keen to see how they look out on the road. I had some concerns about the length of the LED body and whether it'd fit in the foglight housing but it's fine.  I've got a small window coming up next month where I'll likely get a little paint work done on the 110 to remove the rear wing, add a boot wing and roof wing, get the side skirt fixed up and colour match the little panel on the tail lights so that I can install some badges that I've kept in storage. I'm also tempted to put in a new pair of headlights on the 110.  Until then, here's some more pictures from Easter this year. 
    • I would put a fuel pressure gauge between the filter and the fuel rail, see if it's maintaining good fuel pressure at idle going up to the point when it stalls. Do you see any strange behavior in commanded fuel leading up to the point when it stalls? You might have to start going through the service manual and doing a long list of sensor tests if it's not the fuel system for whatever reason.
    • Hi,  Just joined the forum so I could share my "fix" of this problem. Might be of use to someone. Had the same hunting at idle issue on my V36 with VQ35HR engine after swapping the engine because the original one got overheated.  While changing the engine I made the mistake of cleaning the throttle bodies and tried all the tricks i could find to do a throttle relearn with no luck. Gave in and took it to a shop and they couldn't sort it. Then took it to my local Nissan dealership and they couldn't get it to idle properly. They said I'd need to replace the throttle bodies and the ecu probably costing more than the car is worth. So I had the idea of replacing the carbon I cleaned out with a thin layer of super glue and it's back to normal idle now. Bit rough but saved the car from the wreckers 🤣
    • After my last update, I went ahead with cleaning and restoring the entire fuel system. This included removing the tank and cleaning it with the Beyond Balistics solution, power washing it multiple times, drying it thoroughly, rinsing with IPA, drying again with heat gun and compressed air. Also, cleaning out the lines, fuel rail, and replacing the fuel pump with an OEM-style one. During the cleaning process, I replaced several hoses - including the breather hose on the fuel tank, which turned out to be the cause of the earlier fuel leak. This is what the old fuel filter looked like: Fuel tank before cleaning: Dirty Fuel Tank.mp4   Fuel tank after cleaning (some staining remains): Clean Fuel Tank.mp4 Both the OEM 270cc and new DeatschWerks 550cc injectors were cleaned professionally by a shop. Before reassembling everything, I tested the fuel flow by running the pump output into a container at the fuel filter location - flow looked good. I then fitted the new fuel filter and reassembled the rest of the system. Fuel Flow Test.mp4 Test 1 - 550cc injectors Ran the new fuel pump with its supplied diagonal strainer (different from OEM’s flat strainer) and my 550cc injectors using the same resized-injector map I had successfully used before. At first, it idled roughly and stalled when I applied throttle. Checked the spark plugs and found that they were fouled with carbon (likely from the earlier overly rich running when the injectors were clogged). After cleaning the plugs, the car started fine. However, it would only idle for 30–60 seconds before stalling, and while driving it would feel like a “fuel cut” after a few seconds - though it wouldn’t fully stall. Test 2 – Strainer swap Suspecting the diagonal strainer might not be reaching the tank bottom, I swapped it for the original flat strainer and filled the tank with ~45L of fuel. The issue persisted exactly the same. Test 3 – OEM injectors To eliminate tuning variables, I reinstalled the OEM 270cc injectors and reverted to the original map. Cleaned the spark plugs again just in-case. The stalling and “fuel cut” still remained.   At this stage, I suspect an intermittent power or connection fault at the fuel pump hanger, caused during the cleaning process. This has led me to look into getting Frenchy’s fuel hanger and replacing the unit entirely. TL;DR: Cleaned and restored the fuel system (tank, lines, rail, pump). Tested 550cc injectors with the same resized-injector map as before, but the car stalls at idle and experiences what feels like “fuel cut” after a few seconds of driving. Swapped back to OEM injectors with original map to rule out tuning, but the issue persists. Now suspecting an intermittent power or connection fault at the fuel pump hanger, possibly cause by the cleaning process.  
×
×
  • Create New...