Finance Broker versus Bank

Finance brokers can help you choose from a selection of loans provided by different lenders. While a bank can only offer you its own products. Finance brokers have the knowledge and tools to compare often hundreds of products and you get a loan suitable for your circumstances and needs.

 

Finance Broker versus Dealerships

Finance Brokers have the knowledge and tools to compare often hundreds of products and you get a loan suitable for your circumstances and needs. Dealerships are target-driven and earn commission from the number of vehicles and financial agreements settled each month. Buying a car can be a fun but daunting experience and the entire process of visiting dealerships, negotiating a deal and payment for the car can be confusing and overwhelming for many. In many cases, a person can find a good deal on a car but when it’s finalised you will be left scratching their head wondering why it all cost so much more. The Car Dealer will usually push you into their dealer finance quickly, don’t forget, that you have another option in the form of Car Finance with a Broker.