Automotive Financial Services Pty Limited
A Consumer Loan is a convenient and flexible way for you to finance the purchase a new or used vehicle of your choice. At AFS, we call our consumer loan a Loan Contract & Mortgage. The vehicle is used as security for the loan, however you have ownership from the beginning of the contract. When you make the final payment we will remove our security interest over the goods and you get clear title to the vehicle. You can make a deposit towards the vehicle purchase to reduce your monthly repayments, however, depending on your credit profile, no deposit may be required at all. You may also be able finance other costs associated with the vehicle purchase such as comprehensive insurance, registration, and on-road costs. The AFS Consumer Loan has terms ranging from 12 to 60 months and the interest rate is fixed, meaning you can budget your expenses with confidence. We provide you with convenient payment methods like direct debit and Bpay and payments can be made as frequently as you like so that you can reduce the overall interest you pay. A Consumer Loan can also be used to finance motorcycles, boats, caravans, motorhomes, and light commercials. You also have peace of mind knowing that your loan is regulated by the National Credit Code.