Getting a new car should be an exciting time, researching websites, test drives, checking out all the vehicle options. If you have bad credit or are on Centrelink, it can also be a difficult time finding a lender who is willing to approve your loan request.
Money3 likes to give everyone a fair go, so even if your credit history is not perfect or whether you are taking home government benefits, we may still be able to help1. We look at your current financial situation and affordability when evaluating your loan application. Your loan request could be pre-approved up to $35,000 depending on affordability. Once pre-approved, you can join in with the excitement of finding your new car!
Please note that your pre-approval loan offer is subject to final approval, once you have found the perfect vehicle.
Perhaps you have already been doing some research, visited some showrooms or have test driven the car of your dreams and know exactly what new car you want to buy - alternatively you may want to find out how much you are able to borrow first, before you shop around. Either way, the next step is getting your loan pre-approved.
Money3 will consider all types of new vehicles from cars to motorbikes or even campervans!
Unlike other lenders and high street banks, we will look at your individual circumstances when reviewing your application, your current financial situation and your ability to repay.
If your current financial situation is not perfect, Money3 may still be able to help1. So if you are on Centrelink or have had bad credit in the past, we'll take a fresh look at your application when considering your loan request.
As a responsible lender, how much you will be able to borrow will be based on how much you can affordably repay within the loan term.
1. Subject to verification, suitability and affordability
Once you have your loan pre-approval, you can find your new vehicle with confidence, agree on a sale price and then let us know the details of the vehicle you'd like to purchase.
We'll guide you through the process from here, so you can start driving away with brand new car as soon as possible.