The answers to frequently asked finance questions.
When considering financing a vehicle there may be a number of finance questions that you may have. If you can’t answer all your finance questions here please don’t hesitate to contact us. Our friendly and experienced AAA staff will be able to answer all of your finance questions. Call today or enquire online.
It’s easy! Either give one of our experienced staff a call on (07) 5493 1222. Or complete the Quick Loan Enquiry form. You can even get a pre-approved loan.
We will get you the best deal from our range of lenders. We then contact you, discuss the details, request any supporting documentation required by the lender (such as payslips, drivers license) and proceed to finalise your loan application.
Yes. We have a broad range of lenders and present your application to those that will be best suited to your individual circumstances ensuring that you get the most competitive interest rate available for you.
es. Pre approved loans are a great way to ensure that you know your budget and future repayments before deciding on a vehicle. It can also help you negotiate a better deal!
Yes. AAA Finance and Insurance will work hard for you to ensure the best loan outcome. We have specialist lenders that can help you get a loan and improve your credit rating.
You will need to provide documents that prove who you are and where you live (drivers license, passport, birth certificate, rates notice, rental agreement) and confirm employment and salary (pay slips, bank statements).
A balloon payment is a lump sum payment usually paid at the end of the loan term. It reduces the repayment figure throughout the term of the loan. Not all of the principle of the loan is paid off during the loan resulting in a balloon payment at the end the loan term. The balloon amount can either be paid off in full at the end of the loan or refinanced.
There are no costs to apply for a loan. Once your loan is approved there is a one off broker fee to cover our costs. This cost is incorporated into your loan repayments.
Finance companies take into consideration your credit history, deposit amount, assets and liabilities, work history and salary. Our experienced staff will ask you questions regarding your individual circumstances and finance history. We will work hard to ensure that you get a loan approval with the best possible terms.
