ABN Holders:
Compare The Top Business
Car Finance In Minutes
- No obligation
- No impact on your credit score
- Takes less than a minute
- No impact on your credit score
- No obligation
- Takes less than a minute
40+ lenders and more than 1000 loan options compared
GET STARTED
How It Works
Let’s Chat
It all starts with filling out the quick form with your details so we can understand your needs.
We Get To Work
Our team will then find the best local finance brokers in your area and have them organise a financial assessment & custom quote.
The Choice Is Yours
With your custom quotes, the choice is now yours. Your Trusted broker & funder are now ready to help you get approved.
Let’s Chat
It all starts with filling out the quick form with your details so we can understand your needs.
We Get To Work
Our team will then find the best local finance brokers in your area and have them organise a financial assessment & custom quote.
The Choice Is Yours
With your custom quotes, the choice is now yours. Your Trusted broker & funder are now ready to help you get approved.
BENEFITS
- Preserve Working Capital: By financing a vehicle purchase, businesses can avoid depleting their cash reserves, allowing them to invest in other areas of the business .
- Flexible Payments: Auto loan payments can be structured to fit your business's cash flow, helping to manage expenses effectively.
- Tax Benefits: Businesses can claim depreciation on the vehicle as a tax deduction, reducing their taxable income.
- Cost Control: By financing vehicles over a longer period, businesses can better manage their transportation costs.
- Expand Operations: A well-equipped fleet can support business growth by enabling employees to reach customers more efficiently.
CLIENT REVIEWS
What Aussies love about Compare Auto Loans
Jack Williams
“Using Compare Auto Loans made purchasing my dream car a breeze! The application process was smooth, and I appreciated the flexibility in payment options. The team was helpful and guided me through every step. Overall, a fantastic experience!”
Emily Thompson
“Compare Auto Loans helped me get behind the wheel of my new car without breaking the bank! Efficient, professional, and trustworthy highly recommend their services.”
Terri Davies
“I have now purchased my car through a broker from Compare Auto Loans, they were amazing and very helpful, highly recommend them.”
Ethan Taylor
“Compare Auto Loans helped me secure the perfect car with ease. Their efficient process and friendly staff made the experience stress-free. Highly recommend!”
Richard Duncan
Everything was fantastic. All went quite smoothly, even the finance guy dealing with me. It’s a fairly big process when you’re going for finance. Last time I bought a new car, I just paid cash but I went through finance this time and everything went fine. I can say, quite easy to work with.
MOST ASKED QUESTIONS
FAQs
What is commercial auto loan
A commercial auto loan is a type of financing used by businesses to purchase vehicles for company use.
How do I apply for commercial auto loan
You can apply for auto financing in several ways:
- At a dealership: Many dealerships offer financing options directly.
- Through a bank or credit union: You can apply for a loan before purchasing a vehicle.
- Online lenders: Some lenders offer online applications with pre-approval options.
What credit score do I need to get approved for an auto loan?
Most lenders prefer a credit score of 600 or higher, but many offer loans for those with lower scores. If your score is lower, you might pay a higher interest rate.
What interest rates can I expect for commercial auto loans?
Interest rates vary based on your credit score, loan term, and lender. Generally, those with higher credit scores receive lower rates, while those with lower scores or longer loan terms may face higher rates.
What types of vehicles can be financed?
- Cars and SUVs for sales teams or executives.
- Vans for delivery, construction, or service-based businesses.
Can I finance a used commercial vehicle?
Yes, many lenders offer financing for used vehicles. However, the interest rates may be higher, and lender might have restrictions on the age and mileage of the vehicle.
