If you're looking at financing a new or used car, then you may want to consider a car loan from BankSA. As the largest financial institution in South Australia, it offers competitive options for securing credit for a car purchase.
It has secured and unsecured personal loans, either of which can be used to finance the purchase of a vehicle. A secured personal loan allows you to put your car up as security in case you can't make your repayments. As this is less of a risk to the lender, the interest on these type of loans tend to be cheaper. If you don't want to risk your car, you can opt for an unsecured personal loan.
BankSA has competitive products for secured and unsecured personal loans, so compare your options to find the best loan for you.
If you opt for the secured personal loan you can secure a lower rate by attaching your vehicle as a guarantee. A vehicle can be eligible if it is:
If you're interested in applying for a car loan from BankSA you can click "Go to Site" on your chosen loan above. You'll need to meet the following criteria to apply:
If you meet this criteria you can start your application. Make sure you have the following details on hand to complete the online application in full:
BankSA offers some convenient ways to finance a new or used car purchase, but ensure you compare your car loan options before you apply.
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