Newsroom

Personal Finance Secured Loan

  • Oxcel Finance
  • May 18, 2022

What is a secured loan?

A secured loan is the most common form of personal vehicle finance.

The lender gives you the funds to buy a vehicle and holds a mortgage over it as security for the loan. As long as you make regular repayments, you???ll own the vehicle outright at the end of the loan term.

You can use a secured loan to finance a car, caravan, boat, or motorcycle.

What are the benefits?

With a secured loan, you???ll enjoy lower interest rates and fixed repayments for the life of the loan. Even if you???ve got a bad credit record, we can usually find a loan that???s right for you.

Features of a secured loan

  • New or used vehicles
  • Flexible loan terms, from 1-7 years
  • Fixed interest rate
  • Weekly, fortnightly, or monthly repayments
  • Residual value or ???balloon??? payment options
  • Cash deposit/trade-in or 100% finance.

Related Posts

Cars & Utes

Get to know the best utes of 2023

Are you in the market for a ute (utility vehicle) in Australia and want to know how to get the best one? There are a few key things to consider when shopping for a ute, including...

January 19, 2024
Cars & Utes

Australia???s Top 20 Choice of Cars

1. Toyota Hilux Toyota tends to dominate, claiming 20.6% of market shares. This year both the Hilux and Land Cruiser was just behind the Ford Ranger in popularity, and that could...

May 18, 2022
Cars & Utes

3 ???To-Dos??? When Buying a Car

Buying a new or second-hand car is not something we typically do all that much, so for many car buyers it can be easy to make a mistake. Fortunately, there are some simple steps...

May 3, 2022

Meet Our Panel

With a wide range of panel of lenders you can be assured we’ll find a competitive finance solution to suit your needs

  • All Lenders
  • Residential
  • Commercial
  • Business Loans
  • Asset Finance
  • Personal Loans
  • Industry Partners
icon

Looking For More Information?

We’ve made it convenient for you to find everything you need here

icon

Calculators & Tools

Try It

Helpful Articles

Read More

Finance Options

Read More

FAQs

Read More

Instant Quote

Get Quote

About Us

Read More