Car Loan Process

//Car Loan Process
Car Loan Process2017-11-10T13:27:36+00:00
At Best Loans First we have a simple process in applying for your loan.

1. GATHERING YOUR INFORMATION-ENQUIRY
Complete and submit an enquiry form. If you have not found a car yet, we can help you find one. We can provide a free pre-approval that allows you to know exactly how much you can borrow and what your repayments will be. This allows you to buy a vehicle that is within your budget.

2. APPLYING FOR THE FINANCE
One of our brokers will be in touch with you to take a more in depth application. They will ask you questions about your employment, address, income and the intended purchase.

3. FORMAL SUBMISSION
Your personal Best Loans First broker will collate and handle your application and liaise with the Lender to ensure your application is handled promptly.

4. APPROVAL FROM THE LENDER
We aim to achieve an approval on your application within 24 hours. (This time frame may be dependent on receiving the relevant supporting documentation). We will keep you informed at every stage of the process and may contact you for additional information as required by the lenders.

5. LOCATE YOUR CAR
We are able to finance all types of cars regardless whether you purchased privately or through a dealer.

6. SETTLEMENT / DELIVERY
IF you have found the car we will handle on your behalf directly with the Car Dealer to ensure all the paperwork is in order and provide confirmation so you can drive away knowing all the documentation has been taken care of.
For more information submit an enquiry by clicking on the enquire now button or simplyApply Now

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