Stress free car finance
We're not just about getting you into your dream car; we're here to make the car finance journey as smooth as freshly paved roads.
Competitive interest rates
When it comes to financing your car, every dollar counts. mymoto finance offers some of the most competitive interest rates on the market, ensuring you keep more money in your pocket while you hit the open road
Flexible financing options
We understand that one-size-fits-all doesn't work for everyone. mymoto finance customises your car finance to fit your unique financial situation. Whether you're looking for a traditional car loan, a motor vehicle lease, or a chattel mortgage, we've got you covered.
Streamlined application process
Say goodbye to stacks of paperwork and endless waiting. mymoto finance streamlines the entire online application process, making it quicker and easier than ever to get approved for your car loan. You'll be behind the wheel before you know it, with more time to enjoy your new ride.
There are two main types of car finance available in Australia:
- Secured car loans: These loans are secured against the car itself, which means that the lender can repossess the car if you default on your repayments. Secured car loans typically have lower interest rates than unsecured car loans, but they also come with more risk.
- Unsecured car loans: These loans are not secured against any collateral, which means that the lender cannot repossess your car if you default on your repayments. However, unsecured car loans typically have higher interest rates than secured car loans.
In addition to these two main types, there are also a number of other car finance options available, such as:
- Lease purchase: This option allows you to lease a car for a set period of time, with the option to purchase the car at the end of the lease term.
- Novated lease: This option is similar to a lease purchase, but the lease payments are made by your employer through your salary.
- Personal loan: You can also use a personal loan to finance a car. However, personal loans typically have higher interest rates than car loans.