September 04, 2024 by Mortgage Choice
When you think “mortgage broker,” home loans are probably the first thing that comes to mind. But did you know your Mortgage Brokers are experts in all types of loans - including your car loan. Here are six reasons why working with a mortgage broker is the smarter choice when you’re in the market for a new set of wheels.
1. Tailored advice on all the big numbers
Buying a car is a big financial commitment, likely second only to purchasing a home. That’s where your Mortgage Choice broker comes in. We take the time to understand your financial situation and goals, ensuring you’re comfortable with the repayments before you commit and that you're not buying something that is out of your budget. It’s the kind of expert advice designed to put you in the driver’s seat with confidence.
2. Save money on your loan
Tempted by dealer finance or planning to approach your regular bank? Think again. Dealer finance often comes with hidden costs and less flexibility, while sticking to one bank can limit your options. Your Mortgage Broker works with a wide panel of lenders, giving you access to competitive car loan options. With expert guidance, you can avoid costly mistakes and secure a loan that fits your needs and budget.
3. Save time
Shopping for a car is exciting, but the paperwork? Not so much. That’s where we come in. Your local Mortgage Choice broker can handle all the legwork, comparing loans, negotiating with lenders, and even assisting with the trade-in of your current car. Our goal is to get you approved faster so you can enjoy your new ride sooner, without the stress.
4. The power of choice
The right car loan isn’t just about the rate. Some loans come with fees and charges that bump up the cost. Others can be very restrictive. But there’s also a good selection of surprisingly flexible car loans with features to help you pay off the balance sooner.
Unlike car dealerships that may offer only one or two financing options, your Mortgage Choice broker connects you to loans from over 35 lenders. Whether you’re after flexibility, lower fees, or features that help you pay off your loan sooner, we can find the car loan that ticks all the boxes for your needs.
5. An expert you can trust
Mortgage brokers are finance professionals who take the time to understand each customer’s needs, and then match a car loan to their circumstances. Car yards, on the other hand, are in the business of selling cars, and opting for dealer finance can see you paying more for your vehicle through expensive charges, less room to negotiate on price and complex finance structures. And, you can ask all the questions you need to ask about finance options and what you can comfortably afford to repay.
6. Skip the car yard shuffle
Hate the hassle of negotiating at the car yard? We’ve got you covered. Mortgage Choice offers a convenient car-buying service that takes care of everything—from finding the make and model you want at a great price to arranging the trade-in of your old vehicle. We can even deliver your new car straight to your door. It’s car buying, simplified.
Thinking about a new car? Chat to Mortgage Choice in Boronia!
Whether it’s a sleek sedan or a family SUV, buying a car should be as stress-free as possible. As your local Mortgage Choice Broker in Doncaster, I can help you secure a loan that’s tailored to your budget and lifestyle. Ready to get started? Let’s find your perfect car loan today!
Call Kamal Nannar directly on 0466 002 221 or email kamal.nannar@mortgagechoice.com.au
