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Showing results for tags 'finance'.
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Hi everyone, I am located in Syd and I am about to buy a financed car from QLD Just two questions for now: 1. Just wanted to know what are the usual or best procedure to purchase a financed car (which hopefully secure both seller/buyer from running away) 2. Whats the best way to deliver the car from QLD to Syd? and which company would you strongly recommend? Thanks all in advance!
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Good morning all I am about to enter the process of importing an R32 GTR into SA from japland. I'm looking to finance roughly $20k which i intend to cover the vehicle and all importing/ compliance costs, rego and on-road costs separately. I actually work in vehicle financing so i understand the ins and outs but i'm looking for options and feedback. which banks have you used, what rates you have experienced and how or if you were able to overcome some basic problems such as the catch 22 of securing a vehicle with is not here yet. Ok, so first off the easy method is cash i know... The second option is line of credit from my mortgage but my equity is for another property so i wont be touching it. Now, to the options i need your feed back on. - Unsecured personal loan. Easy to get for the amount i need. The rates i'm looking at through peoples choice credit union are about %12 Easy to use but not wanting to pay interest i don't need to if i don't have to. If you used a personal unsecured loan what rate did you get and by which financial institution? if its reasonable i will consider it but the second option i'm hoping is a possibility which is.... - secured personal loan. Obviously Better rates, I expect from peoples choice around %8 fixed for 5 years I have had loans for grey imports (already regoed in Australia) before with a+ conduct so they have pre-approved the $20k for another. My issue is that they need the vehicle to be registered in aust with most importantly a full 17digit AUST vin to release the funds. They will pay the full invoice for vehicle and importing costs and will need to pay the importer directly which is good. This means i need funds to pay the man for the car but cant be done until imported to aust so catch 22. If i had to I can cover this with my own cash currently on my mortgage and reimburse myself later but I would be relying on the honesty of the importer to refund the double payment (one payment from myself to actually import and one from the bank who must pay the invoicing importer).... i'm a trusting person but it could become an issue and its a choppy process at best. OK so, If you used a personal secured loan what rate did you get and by which financial institution? How did you go about paying your importer, were they willing to front the costs for a full payment at the end (after deposit)? any advice on how to go about this method? -
Where do people go for Grey Import Finance these days? Where do people go for Grey Import Finance these days? and what's regarded as a "good" interest rate for imports? Thanks for your help!
