car loan what to look for
Buying a Car June 5, 2018

What to look for in a car loan

When you’re hunting for a new car, it can be easy to get caught up in the detail of the make, model and price. Finding the right car loan can be just as important! With the right car loan, you can save money, make payments that suit you, and make everything nice and easy.

A fair interest rate

When shopping for a car loan, interest rate isn’t everything, but it’s certainly important. A low interest rate can save you plenty over the loan term.

Interest rates are calculated on an individual basis, subject to a number of factors including your credit rating.
Our interest rates are fixed for the term of your loan, so you can rest easy knowing your repayments won’t change.

Flexible criteria

We like to say yeah more than we say nah. Here at Sprint, we accept all types of drivers licenses – learners, restricted, full and international. We can look after all credit types – from unicorn perfect to less than ideal credit. It’s certainly possible to approve bad credit loans, but there are a few other criteria you also need to meet – such as affordability and a consistent income.

Loan terms that work for you

Payments are flexible and can be set to weekly, fortnight and monthly depending on your income schedule. Loans are available with up to 7 years to pay!

No obligation quote

We’d love to help you with a loan, but we understand you might not be 100% ready to go when you apply. Which is why our applications have no obligation attached – simply apply, and we’ll be in touch with any offer and quote. Which means you can apply for pre-approval before you go car shopping – so you know exactly how much you can spend, and you’re ready to go with finance.

An easy process

Because there’s usually better things to do than wait on the phone, scan, photocopy and visit offices! Our application process is 100% online and can be done using any device (including mobile). Even bank statements can be retrieved on your behalf online, and contracts can be signed on your phone. If it’s easier though, you’re welcome to give us a call or visit.

What type of car you can finance

We understand the most exciting about car finance is a new car! We don’t mind if your car is black or pink, a convertible or a pick-up truck, but we do have a few requirements. Vehicles need to be 2005 or newer and have 120,000kms or less on the clock. They need to be registered with current WOF and be comprehensively insured throughout the term of the loan.  Cars can be purchased from any registered Motor Vehicle Dealer, nationwide.

Ready to go?

Even if you haven’t started shopping for a new car, you can get pre-approved for  car loan with Sprint. Once pre-approved, you’re all set once you find your dream ride – Apply Now

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