You could save thousands of dollars or get more favourable payment terms on your car loan!
Contact our team of expert car loan brokers today!
Is your current used car loan costing you too much? If you have committed to a high interest rate loan then you could save thousands over the repayment term by switching.
The cost of living has exploded in recent years. You could cut your loan repayments by refinancing and extending your repaymnt term.
Some lenders charge significant monthly fees, which can add up over the years! Refinancing to a car loan with a cheaper fee structure could also save you hundreds of dollars.
If you have a balloon paymnt coming up and no savings to cover it then refinancing can help you meet that commitment without defaulting and potentially hurting your credit score.
How we can help you refinance your car loan:
Car broker finance to secure a great deal fast!
How does it work?
Fast track your car loan refinance application by speaking to our expert team of brokers today. They will find a great deal, calculate your savings, and take care of the process from start to finish.
Our expert car loan brokers will assess if there are more suitable alternatives avaialble.
We prepare your auto finance application to the lender of choice to get you the best rate.
Sign the the contract and get approved in as little as 24 hours.
Your existing loan is paid out and your new repayment term begins.
Car Refinance FAQs
Here’s a little more about how we operate to best serve our customers who are looking to refinance their car loan. Got a more specific question? Feel free to get in touch.
You can refinance any active car loan as long as you can demonstrate that you can make the repayments, and the secured asset meets the lender’s criteria.
Gusto Finance has access to over 30 lenders and if they can find an alternative car loan that either saves you money, or meets your other requirements (such as minimising your repayment amount) then they will recommend a refinance. From there, it is just a standard loan application process.
You can start by completing our inquiry form here. You will also need to supply the following documentation:
The short answer is yes, but it will depend on the number, size, and type of defaults. Our expert brokers can provide you with a consultation to find what options are available to you.
As part of your initial consultation we will do a “soft credit check”. This does not affect your credit score and will not show as an inquiry on your credit file.
Once we submit your application to a lender they will always complete a full credit check as part of your loan assessment. This will show up as an inquiry.
Yes, some of our lenders will consider Centrelink income when assessing your capacity to make repayments on your car loan.
However, not all Centrelink income categories are eligible and our brokers can guide you through this.
Book your obligation free consultation here.
You can usually borrow the full value of your existing loan so there are no out of pocket expenses when refinancing.
However, this is dependent on the value of your vehicle compared to the size of the loan – the Loan-to-Value ration.
Our brokers always include this in their loan health check when assessing your options for refinancing.
Yes, bad credit car loans are our specialty! We have a number of lenders on our panel who will lend based on current behaviours rather than focusing only on past mistakes.
If you are not yet ready then we can help wth some general guidance for how to improve your credit.
Our brokers will provide expert guidance to find the most suitable car loan for your circumstances.
A credit guide and consent form will be provided to you prior to any loan application submission on your behalf. We will then fight with GUSTO to find a great deal!
Once you have provided all of the required information we will process and submit your application within hours! We aim for same-day approvals and a speedy settlement.
Loan approval timeframes are dependent on your circumstances and cannot be guaranteed but we will always be following up with GUSTO!
ACN: 677 827 637
Gusto Finance PTY LTD | ACN: 677 827 637 | Credit Representative # 559858 is authorised to provide credit assistance by National Finance Connections | Australian Credit License # 543046.
Disclaimer:
This website is designed to provide you with factual information only. This information contained within does not take into account your needs objectives or financial situation. To understand whether a credit product is right for you speak to one of our licensed Finance Brokers. Terms, conditions, fee’s, charges and minimum loan amounts may apply. Credit is subject to approval by the credit provider under their responsible lending policy.
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