Gtr Finance Options

[jazz2903]

Hi guys,

Only just signed up to this forum so really excited to hear your thoughts and ideas when it comes to GTR financing.

At this stage i am looking to get one in the next 6-12 months - It's been on the shopping list for a while now and after just recently going off on my own and establishing my own business i am now in a position where i can afford to do it!

I'm most likely looking to buy one second hand (probabaly 2011-2012) and would prefer a balloon loan arrangement.

Does anyone have any advice for me regarding best interest rates out there atm, nissan financing (are they decent?), importing the car (is this even possible and a cheaper alternative?), any other advice you can give me

Thanks guys and look forward to hearing from you all

Jarret

[stolen_s15]

NAB are doing 5.29% finance on commercial vehicles and equipment.

You need an ABN but that's about the best deal you will get. The car would need to be landed in the country though for them to do it.

[SamFarrand]

Hey Jarret, Im a finance broker and financed my GT-R through ST George Bank. Can definetly help you get a good rate if you like...

Sam

[Sparks]

You have quite a few options to finance your GTR. As it will be a used vehicle expect rates to be a little higher using major banks. I will eat my hat if NAB will do 5% on a used vehicle. A private broker or even dealer based finance will be your best bet. Be prepared and negotiate not just rate but any origination or brokerage fees.

And remember 5yr 30% balloon equals roughly $40k on a used GTR at $120k so be ready for when that comes around.

[Cowboy1600]

Hey Sam, who do you aggregate through?

To Jarret, if Sam isn't practical due to geographic location, let me know where you are and I'll put you in touch with a finance broker.

Also you won't get 5%. Expect closer to 10%.

[C4a0s]

And remember 5yr 30% balloon equals roughly $40k on a used GTR at $120k so be ready for when that comes around.

OMG...

[GH05T]

mmmk so secured commercial loans will attract a lower rate not higher.

the trade of for this is you are not protected by the UCCC cosumer regulations, this realistically boils down to costing more if you cancel early and loosing some protection aginst charges, this is a very basic explanation.

i finance a few of these and im happy to help if you need. just pm me bud.

[GH05T]

also residuals are used for a pourpose dont just get one to lower your repayments, correct structure is more important.

[Seano350GT]

If you are considering buying the vehicle through a dealership i would strongly suggest sitting down with a business manager and tell them you're comparing rates.

Firstly sit down with your bank and see what you can do, go back to the dealer and get them to better it.

This is what a lot of my customers do and end up saving themselves some money.

[SamFarrand]

I am a business manager at Lynford Motors in WA. I Financed a 2010 GTR we sold a bloke in QLD and wasnt difficult.

Rates do depend on a lot but we have bigger buying power than most so our rates are usually a bit lower. A bit on 120K can be a lot though!!!

Give me a call if you want to discuss Jarret 08 9242 9061

[Seano350GT]

Good to have some professional advice here on this forum, goodluck with your purchase Jarret.

[Cowboy1600]

I am a business manager at Lynford Motors in WA. I Financed a 2010 GTR we sold a bloke in QLD and wasnt difficult.

Rates do depend on a lot but we have bigger buying power than most so our rates are usually a bit lower. A bit on 120K can be a lot though!!!

Give me a call if you want to discuss Jarret 08 9242 9061

Ahhhh....I thought you were a finance broker.

[Bepo]

Ask Nissan, I got quoted either 2.9% or 3.9% with 30% balloon a month back from Nissan Finance on a low km MY12 (with 5,000km)