If you are on the hunt for some finance and your bank is being difficult why not visit your local finance broker.

What is a Finance Broker?

A Finance Broker can be referred to as a seller or a consultant, they aim at guiding you in finding the best finance option for your new car, truck or bike by following processes and various guidelines of a variety of lenders. The consultant negotiates with the client and the lender, finding ways to over come obstacles whilst getting the best deal available. There is a range of lenders on board, not all companies will be suited for all individuals.

Brokers are professional individuals who have great knowledge of finance options of many lenders, looking at satisfying all parties involved. They assist you in making decisions from what car your budget can afford to which lender will give you the lowest interest rate and the best payments options in the long-run.

What you should know as a client?

When seeking finance at any financier they will ask you to provide personal details, most importantly income, living arrangements and current liabilities. You cannot expect to receive a low interest rate if you have an appalling loan history or being bankrupt. It all depends on what type of client you are and whether you have had any previous or current defaults.

How to go about contacting a Broker?

With technology rapidly improving you don’t even have to visit your local broker, it’s as easy as making a 10-minute phone call to enquire or complete an application on the phone. When the consultant receives your application you will receive a call to verify your personal information, if you are eligible they will negotiate with the lender to find a product that will satisfy you.

Natloans is a Finance Broker that specializes in finding the best finance option for your new bike or car. For more information on who we are and what we do, contact us on 1300 628 562 or visit our website www.natloans.com.au to find out what deals are available at the moment.

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Are you thinking of buying a new car? Before you sign any contracts or pay one dollar you should consider various points. You want to be buying a car that is within your budget and most importantly suits your needs.

What should you keep in mind when shopping for a from a car dealer?

1. Remember to do your homework, read reviews, speak to your mechanic and any friends that have the same car. They will give you an honest opinion.
2. Decide on a budget and seek for a pre-approval before you even think about finding a car, you want to know that the finance is there when you find the perfect package.
3. If your buying from a dealer does not get persuaded by their discounts in purchasing another vehicle you know nothing about!
4. Pay a professional to inspect your car if it’s not brand new! Various companies offer this service, specifically for the pre-purchase of your car. An engine test and a road test is taken out and you receive a detailed report in order to guide you in making your decision.
5. Do not pay a deposit unless you are certain the car is in excellent condition.

How about private sales?

1. Check that the car is paid off! The only service “Register of Encumbered Vehicles” will provide you with a certificate that there is no money owing on the car.
2. Have your car examined by your local mechanic; you don’t want your purchase to be faulty!
3. Be sure that the owner is who they claim they are, in case it is a stolen vehicle.
4. Negotiate a fair price with the owner.
5. Take the care on a test drive!

Take the time to examine your car thoroughly, taking on necessary tests and measures so that you can be satisfied with your purchase. You don’t want to be buying someone else’s problems and having to pay another that much to fix mechanical problems!

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When thinking of buying a car, the first thing you usually think about is what is your budget? Did you think about the ongoing costs needed to run a car?

If you are looking at purchasing a brand new vehicle you must consider a few things, remember your car may depreciate up to 35% of its value within the first year. You will also need to pay stamp duty, dealer delivery and any extras you wish to add. Before you realize you may be over your budget or can afford to add a few more luxury items!

Once you are ready to hit the road with your new car, there are many ongoing costs that you must be ready for.

Insurance is vital incase of any accidents or damage to your car, insurance is essential in that when you unexpectedly have a collision the company will fix it at a much lower cost. You will need to pay insurance either monthly or once a year to cover you and if an incident does occur you will need to pay excess. Prices can range from $900 – $3000; this amount will vary depending on your driving history, age and location you live in.

Maintaining your car will depend on how well you drive and take car of it. You need to service your car on a regular basis in order to change oils, headlights and tires if needed. There are many more components that need to be changed depending on the situation.

Petrol is needed for running your car, unless you are using diesel or gas. They are all weekly costs that needed to be paid for or you won’t be getting anywhere! It is no secret that the prices are increasing, you cannot refill with $20 any longer, and you will need at least $40 for a full tank depending on the size of your car.

Parking can be an issue for some individuals depending on where they live and work. If you are working in the city expect to pay at least $10 a day on parking, even if you live near the city negotiate a permit if possible to prevent yourself getting booked. You don’t want to have to deal with ongoing parking fees, they aren’t cheap these days.

The above factors all need to be considered before buying a new vehicle, if you cannot afford the expenses you may need to find a cheaper option. Perhaps it’s a smaller car, a bike or even a scooter; there are many products that can still get you to your destination!

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