What are car loans?
The car loan remains the most common vehicle purchase solution in New Zealand. Hardly a marvel, since not many people have sufficient savings to afford a new car off the bat.
Car loans in essence are a way to pay for a new car by borrowing money from banks, finance companies and car dealerships. While you’ll have to repay the money owed along with the interest incurred on the loan, the idea here is to gain ownership of the car as soon as possible.
Before applying for any car loans, you should look to compare all of your car financing options in NZ with glimp. Using glimp, you’ll be able to find the best car loans in NZ to avoid having your finances take a serious hit.