Buying a Car

There is nothing like getting a new car or upgrading, that new car smell! We have helped hundreds of clients get the right solution for their finance needs. Whether your car is for business or pleasure we will provide you with the most competitive finance to secure your next purchase. We have a wide range of solutions and low rates for you.

Vehicle Finance

A secured loan or sometimes referred to consumer loan or car loan, is mostly for personal use but can also be tax deductable if it is for business use. The finance company lends you your funds to purchase your vehicle and then secures the loan against the vehicle.
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Commercial / Car Lease

If you use your vehicle for more than 50% a Lease may be an option for you. Under a lease agreement the financier purchases the vehicle and you lease the vehicle back from the financier by paying a fixed monthly payment for the term. You acquire the vehicle one payment at a time until the last payment (residual) is paid. At the end of the term you have the option to buy the car, trade it in for a newer model, or extend the lease agreement.

Chattel Mortgage

A Chattel Mortgage is a commercial product, so if you use your vehicle for more than 50% business use, you are eligible. A Chattel Mortgage works by the financier providing the funds to you for the purchase. The finance company take a mortgage/ charge over the vehicle as security and you have ownership at the time of purchase. When your finance term finished the charge is removed and the vehicle is yours outright.

Novated Leasing

Salary packaging and Novated Leasing go hand in hand.

A Novated Lease (fully maintained) allows the employer to deduct a portion of the entire vehicle expenses out of the employee’s Pre-Tax income. Paying for a vehicle this way results in reducing your taxable income and consequently decreases the amount of tax that you pay. Substantial savings can be achieved by acquiring and operating a vehicle using pre-tax income.

The savings on tax effectively means that a Novated Lease can be one of the cheapest and smartest ways to own and operate a vehicle. In most cases it is cheaper than paying cash for the car.

Personal Loan

When it comes to obtaining a personal loan, most individuals usually consider banks or online lenders as their primary options. However, there’s another valuable resource you might not have thought about: us! While we are renowned for our expertise in home loans, we also play a crucial role in helping you secure personal loans.

Let’s explore how Nexgen Lending can assist you in finding the perfect personal loan to meet your financial needs and aspirations.

Extensive Lender Network

We maintain a broad network of financial institutions, including banks, credit unions, and alternative lenders. This extensive network allows us to connect you with lenders offering various types of personal loans, ranging from unsecured personal loans to secured loans with collateral. By leveraging these relationships, we can help you access lenders you might not have discovered independently.

Personalised Financial Guidance

We’ll provide you with multiple personal loan offers from different lenders. This empowers you to compare interest rates, loan terms, fees, and repayment options, ensuring you find the most cost-effective and suitable personal loan. Having multiple options at your disposal enables you to make educated decisions that align with your financial objectives.

Loan Comparison

One of the primary advantages of working with us is our personalised approach. We invest time in understanding your financial situation, goals, and requirements. This enables us to recommend personal loan options that align precisely with your unique circumstances, whether you require funds for debt consolidation, home improvement, education, or an unexpected expense.

Expertise in Financial Solutions

We stay abreast of lending trends and industry changes. We can guide you through the complexities of personal loans, explaining intricate terms and helping you comprehend the implications of various loan choices. Our expertise ensures you make informed decisions that are in your best financial interest.