If you’re looking for the best rate car loans around, you can expect to go through hours of car loan comparisons to find the ones that match your needs or preferences. But what if you didn’t need to? What if you could just complete a quick form, provide a phone number, and get back three well-matched quotes chosen from a selection of over a thousand?
CarClarity is what you’re looking for – but before we get into that, let’s talk about your car loan interest rates.
Getting a good interest rate on car loans will depend on what you consider as good or ideal. Rather than asking for solid numbers, compare interest or comparison rates between car loans instead.
Our suggestion is to listen to the car dealers’ sales pitch – and then compare notes privately. CarClarity helps customers and intent borrowers do so with the help of our innovative smart tech.
CarClarity is the first auto loan company to utilise smart tech to find the best rate car loans out of a thousand car credit products from over forty auto loan partners. With this, we provide you with top-matching personal car loan offers our partners are currently offering – and the best part is that you aren’t obligated to commit to your top matches if you decide to sleep on it for a bit (but if you do find a great deal, you don’t want to wait too long either until you completely miss out).
Our platform makes it possible for us to do a soft check on your credit report. Unlike hard checks or hard calls, soft checks don’t involve exhaustive credit investigations that negatively impact your credit score. This is good news if you’re canvassing for the best rate car loans available to you on our platform.
If you feel that your top-matched car loan offers are missing a key requirement or preference, or if you prefer to acquire your vehicle from a private seller or dealer, CarClarity can also help organise financing for loans from $5,000 up to $250,000.
Get in touch with our car loan experts for any enquiries regarding direct financing; we’ll be more than happy to compare car loan options with you.
While applying for finance for a car loan through banks may seem more reliable or secure, they’re not necessarily better. It depends on what you, as a borrower, will need.
If you prefer shorter loan terms that don’t require collateral, or if your credit score is still recovering from financial trauma, the best rate car loans for your specific standing may be unsecured loans. On the other hand, if you have good to excellent credit ratings and prefer more flexible auto loan financing, secured car loan options may provide more favourable terms and rates for you.
Both secured and unsecured car finance loans are available through auto loan providers. There are even credit providers that specialise in auto loans and may offer stronger deals or loan rates than what you’ll be offered through banks.
Keep your credit score healthy. It’s one of the key points in your credit loan application that auto loan providers look into when you apply for car loan finance. A healthy credit score gives you an advantage in negotiating for more competitive vehicle financing rates or loan terms.
Your credit history also demonstrates your loan repayment habits, so it’s a good idea to build a strong history by maintaining regular payments on all of your credit products. This includes small personal loans, BNPL consumer debt, and credit cards.
The little things add up, especially when it comes to interest, and auto finance lenders will be more inclined to offer good car loan deals if you have a history of reliable repayments.
You may also invest in a down payment. Even if you plan on fully financing your car purchase through car loan financing, setting aside some funds as a down payment or advance payment can help you save on interest and other fees.
Saving for consequential expenses also helps if you plan on loaning conservatively. Having a financial buffer for any unexpected expenses during your first months of owning your financed car means you won’t need to refinance your vehicle so soon after taking out a loan for it. If you’re planning on getting a used vehicle, these funds will help cover an independent professional car inspection to determine roadworthiness before you commit to a car loan offer.
CarClarity aims to bring car loan comparisons into a new future by developing multiple tools that will help our customers find the best rate car loans on our platform suited to their unique circumstances and needs. Through our partnership with over forty vehicle-specific auto loan providers, CarClarity can pull credit offers from a combined catalogue of over a thousand loan products. Simply fill out a few details on this form such as the amount you want to borrow, desired loan term and current income, and we'll show you your top three matches.
Running a search through CarClarity is free of obligation or commitment – and if you feel that directing financing through CarClarity is the better option, we’re here for that too. So take a few minutes to look through our website and apply for a car loan with us today!
CarClarity is an online financial comparison service and is owned and operated by CarClarity ACL Pty Ltd ABN 50 606 243 243 / ACN 606 243 243 and Australian Credit License 478 874.
CarClarity provides you access to our expert team who can assist in selecting suitable car loans from our panel of 40+ lenders and over 1000 financial services products. The financial products compared on this website do not necessarily compare all features that may be relevant to you and CarClarity does not compare all rates in market.
All applications are subject to the credit provider’s credit assessment and loan eligibility criteria. Terms, conditions, fees and charges apply. Information provided is factual information only, and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licensed financial or tax adviser. CarClarity may receive a commission from lenders we recommend.
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