Where do people go for Grey Import Finance these days?

[BurtoN86]

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!

[niZmO_Man]

I thought you'd just sell drugs or something.

Or, unsecured personal loans.

[Coullsy]

yeah i would of though a personal loan would be the way to go

[Leroy Peterson]

most grey import finance comes from the dealership theyre bought from, usually?

as far as importing through a broker... I thought the 3-4 individual payments make a bit more manageable than big payment upfront, but yeah personal loan I guess. Some banks offer loans specifically for cars, I dont see why that car has to be in the country or registered to qualify.

[Coullsy]

Generally they wont give a car loan for a car that is being imported, because if it all goes bad they can't use it as collateral

[Cowboy1600]

Personal loan. There might be a few boutique asset finance companies who'll do grey's, but they'll charge you as high or higher than personal rates but also hold a caveat on your car.

If you do find car finance for grey's, their advertised rate will be a load of bollocks. They are allowed to quote base rate before fees. Once they load up app fee, origination fee, brokerage and monthly fee the real rate will likely be worse than personal loans.

If you want, tell me where you are and I'll put you in touch with a good finance broker.

[tridentt150v]

Good thing about a personal loan is you can decide what insurance policy you want.........you don't really get a choice with car finance.