Melbourne Car Loans
Melbourne is at the doorstep of some of Australia's best scenic drives, from the Grampians to Great Ocean Road, making it a driver's paradise. If you're looking for a new or used car in the Melbourne region then you've come to the right place.
CarFinance.com.au work for the best car loan interest rates for their customers and will be there with you every step of the way, from your initial application to the moment the car keys are in your hands.
Understanding Car Loans in Melbourne
Car loans are financial products that allow you to borrow money to purchase a car. It's essential to understand how they work before diving into the application process. When taking out a car loan, you agree to repay the borrowed amount, plus interest, over a specific period.
Types of Car Loans Available
Secured Car Loans
These loans require you to provide collateral, usually the vehicle itself. Secured loans generally offer lower interest rates and larger loan amounts, making them a popular choice.
Unsecured Car Loans
Unlike secured loans, unsecured car loans don't require collateral. While they provide more flexibility in choosing your car, interest rates tend to be higher due to increased lender risk. That being said, they can be a great option for loans needed that fall outside of a lenders general security guidelines, such as if the car is of a specific age or other variables in the loan agreement that don’t satisfy the security criteria.
Chattel Mortgages
Looking for business car loans? Let us help you with your next chattel mortgage.
Securing the right car loan is a vital step in the car-buying process. Take the time to understand the different types of car loans available and assess your creditworthiness and budget. It is also helpful to get pre-approval, so you’d know how much budget you can have for your car.
What are the popular cars in Melbourne?
Last 2022, there was about 237,775 vehicles sold in Melbourne, this is according to drive.com.au. Here is the complete list of the vehicles sold in Victoria:
- Ford Ranger – 11,923
- Toyota HiLux – 10,193
- Toyota RAV4 – 7,223
- Mazda CX-5 – 6,474
- Mitsubishi Triton – 5,147
- Hyundai i30 – 4,896
- Isuzu D-Max – 4,371
- Hyundai Tucson – 4,152
- Toyota Corolla – 4,139
- Toyota LandCruiser Prado – 3,852
According to the report, Victoria is the only state or territory in Australia where Ford Ranger led the sales, whereas in other areas the dominant seller is the Toyota Hilux.
Road trip ideas in Melbourne
Melbourne, a vibrant and diverse city in Australia, offers numerous exciting road trip destinations for travelers seeking adventure and exploration. Here are some road trip ideas in and around Melbourne:
- Great Ocean Road: Embark on a breathtaking journey along the iconic Great Ocean Road. Marvel at the stunning coastal scenery, including the Twelve Apostles, Loch Ard Gorge, and the scenic viewpoints along the way. Don't forget to stop at charming seaside towns like Lorne and Apollo Bay for a taste of local culture and cuisine.
- Yarra Valley: Head to the Yarra Valley, just an hour's drive from Melbourne, for a delightful wine and food escape. Explore renowned wineries, enjoy wine tastings, and indulge in gourmet meals paired with picturesque vineyard views.
- Grampians National Park: Experience nature's grandeur at Grampians National Park, a few hours' drive from Melbourne. Discover breathtaking landscapes, ancient rock formations, and scenic hiking trails with opportunities to spot wildlife.
- Mornington Peninsula: Enjoy a leisurely road trip to the Mornington Peninsula, known for its beautiful beaches, hot springs, and excellent food and wine. Relax in the natural hot springs or explore the charming seaside villages of Sorrento and Portsea.
- Phillip Island: Take a trip to Phillip Island, famous for its penguin parade and wildlife experiences. Witness the enchanting sight of little penguins returning to their nests at sunset, and visit the Koala Conservation Centre and Seal Rocks for more wildlife encounters.
- Dandenong Ranges: Discover the tranquil beauty of the Dandenong Ranges, located just a short drive from Melbourne. Enjoy lush forests, panoramic views, and picturesque gardens like the famous Puffing Billy steam train.
- Daylesford and Hepburn Springs: Escape to Daylesford and Hepburn Springs, renowned for their mineral springs and spa retreats. Unwind in natural hot springs, explore local art galleries, and indulge in delicious farm-to-table dining.
- Wilsons Promontory: Venture to Wilsons Promontory National Park for a stunning coastal getaway. Explore pristine beaches, diverse wildlife, and scenic hiking trails like the iconic Mount Oberon Summit Walk.
Car Dealerships in Melbourne
Start your car shopping adventure with Onlineauto.com.au, where you'll find attractive offers on new cars. Their user-friendly online platform enables you to browse through a diverse selection of vehicles and seize competitive deals, all from the convenience of your home.
If you prefer a physical dealership, explore your options below. Let carfinance.com.au assist you with financing for your upcoming purchase.
Melbourne Motors
Address: 64 Lonsdale Street, Dandenong VIC 3175
Contact Number: (03) 9793 2284
Website: https://www.melbourneonlinemotors.com.au/
Melbourne Car Supermarket
Address: 399 Warrigal Road Cheltenham VIC 3192
Phone: See dealership phone numbers.
Website: https://www.carcity.com.au/
Cars Of Melbourne
Address: 1109 Sydney Rd, Coburg North VIC 3058, Australia
Contact Number: +61 3 9354 8828
Website: https://www.carsofmelbourne.com.au/
Melbourne's Cheapest Cars
Address: 4/6 Lennox St, Moorabbin VIC 3189, Australia
Contact Number: +61 1300 303 987