I'm looking at buying a new Forester (or similar, but we like the Subaru most so far) and I'm curious to know everyone's thoughts on loans.com.au, or alternatives. I have not financed a car before.
Toyota Finance through Subaru have offered me 5 years at 5.7%, or 7 years at 5.4%. From what I understand, there are monthly fees, premature pay off fees and a $600ish dealership fee.
I do not have enough redraw in my 1.99% fixed home loan to take the whole amount needed, having moved into my new home almost a year ago. I do have a little bit in there I could use though.
Seems like Loans.com.au are offering 4.67% for 5 years at the moment, but I can't find any information about how reputable they are, or anyone's experiences with the company for car loans. There seem to be many complaints about variable home loans, but not much on fixed car loans.
Loans.com.au estimates that a like-for-like borrowed sum is about $70 cheaper per month than Toyota Finance. It has a $400 establishment fee, which after savings, doesn't seem to matter.
Any help or advice is appreciated, about finance companies, or choice of SUV.