Latest Offers: Wizard Car Loan

Key Features for Wizard Car Loan:

Highly competitive interest rates Loans for individuals including private sales, but excluding imported second hand vehicles Easy application online Mobile consultants for sign-up at home or work, in most areas Pre-approved loans allowing you to shop for your vehicle knowing that your finance is in place Extended Warranty and insurance for vehicles purchased privately, at a motor dealer or auction house A Bank Cheque to complete the purchase for private sales

"I find that it speaks volumes for the professionalism of your people that they took the trouble to make sure I was across not only the details of the loan contract they were preparing for me, but also the asset I was buying." - J.G., Sydney

Tips on finding and buying a car from Wizard Loans

Buying a car is exciting, but there are a few things to remember. Use this checklist to help you through the process.

Obtain your finance. Wizard loans can help you with your loan before you go shopping for a car, this way you know how much you can spend and will feel more confident in negotiating a better deal from the vendor.

Shop for you car. There are a number of places you can look for a car, each have their share of advantages and disadvantages.

New Car Dealers
Generally specialising in a particular brand of car. New car dealers can also stock used vehicles of the same brand and other brands which they may have traded-in or purchased from another source of sale.

A new or used vehicle purchased from a new car dealer often has a warranty as specified by the manufacturer or the respective State governments legislative requirements for older vehicles that have had the manufacturers warranty expire.

Used Car Dealers
Used car dealers vary considerably in size and the stock held. Vehicles purchased from a used car dealer can be less expensive than those purchased from new car dealers. A used car dealer may specialise by make, price or vehicle type, for example a 4WD specialist.

All dealers both new and used must guarantee good title on a vehicle sold.

Auctions
Purchasing a vehicle at an Auction can save you up to 7-15% on the purchase price as most dealers purchase the majority of their used vehicles from the Auctions.

It is important to note however, the difficulties with purchasing at an auction:

• Checking the vehicles condition. Although many of the vehicles have NRMA inspections or similar you are normally not allowed to test-drive the vehicle.
• There are no warranties on vehicles bought at Auctions.
• Experience at least one Auction prior to purchasing a vehicle. This enables you to obtain a reasonable price on the vehicle/s you are interested in.

Private Purchases
The cheapest method of purchasing a used motor vehicle is to buy it privately.

Things to look for:

• Some states have a legal requirement for the seller to provide written proof that the car meets road safety requirements
• Make sure you test-drive the vehicle
• Obtain a motorists association inspection where possible
• Obtaining clear title is essential. A clearance from REVS (register of encumbered vehicles) does not in itself provide good title
• There are the 'backyard' dealers i.e. those individuals who operate from home and pretend to be private sellers

Car Markets

Usually a location where private sellers gather together
Normal conditions include displaying the price of the vehicle and a current roadworthiness certificate
Let Wizard Car Loans know you have signed the purchase agreement by calling 1300 136 000 and we will assist in confirmation of the value of the car.

When you have found your dream car, click here to apply for a Wizard Car Loan. To speed up process, please have the following details ready:

• Age of the vehicle
• Make & model of the vehicle
• Cubic centimetre capacity
• Number of cylinders
• Transmission (auto/manual)
• Body type (sedan/hatchback/wagon)
• Kilometres
• Any extras that are non standard with the model e.g. sunroof air conditioning, alloy wheels etc

For example, a 1997 Holden Commodore VT Acclaim 3791cc V6 4 speed automatic sedan with 62000 Kilometres would have a confirmed value of $25000.