Frequently Asked Questions

Depending on your circumstances you can borrow upto 100% of your car’s purchase value and add extras such as Car insurance and extended warranties often without the need for a deposit. 

Car loans typically start at $5,000 upwards depending on lender.

Applying is easy, visit our loans page, choose the loan you require and hit apply now.

Alternatively drop us a message, give us a call or visit our office to speak to an experienced consultant to discuss available loan options with you. 

Royston Finance will provide a no obligation, hassle free quotation for you to make an informed decision with no obligation to apply.

Organising car finance is often a lengthly process however not with Royston Finance!

We can have your application pre approved within a few hours and have you driving your car within the same day if you require a fast service or at your own pace. The average is around 2 days. 

Absolutely! , you will be able to pay off your auto loan early. In certain situations, this may result in an early repayment charge, the cost of which is determined by the size of your loan and the length of time remaining on your agreement at the time you pay it off. Many fixed rate loans will impose this restriction. However, some of our lending partners do not impose such penalties, so you may chat with one of our experts if you want to keep your options open about early repayment opportunities.

Absolutely – If you’re receiving Centrelink benefits which are fixed and consistent, we can usually able to secure upto $12,000 depending on your personal circumstances. This can include payments such as aged, disability and veterans’ pensions, as well as single parent and carer payments. However, payments such as JobSeeker and Youth Allowance aren’t usually applicable unless they run alongside PAYG income, as they’re contingent on factors such as your employment and study status, meaning they could cease during your loan repayment period.

We can accomodate short term employment however it will depend on the role you have done before and the role you are starting as well as time you have been continuously employed and on what basis. Best to check your personal circumstances with our specialist team. 

On a case by case basis depending on your personal circumstances we could potentially secure finance for you even if you have not resided in Australia before or you are simply returning to the country after an period of absence. 

We often work with new arrivals which are here to stay permanently or temporary on a visa. We have built up strong relationships with specialist lenders and we know exactly what they require to get the loans over the line.

Everyone has to start somewhere! 

We work with specialist lenders who can help you get approved for your first car loan. If you can demonstrate that you’re earning a comfortable living, have positive savings habits and are stable in your job and home life, then you should be on the way to getting your new wheels.

Whilst most of our customers purchase their cars through a dealership sale, we also have plenty of options for customers wanting to go through a private sale. Some lenders will require more documentation than others and most have an uplift in rate. 

We know the process well and we can guide you through it. 

Worth noting, Dealership finance options are often more expensive than using a brokerage service like Royston Finance as they are often restrictive and carry hidden fees.

Fixed - The rate offered will be locked in for the duration of your loan agreement, meaning your repayments will remain consistent through the loan period.

Variable - The rate is left open to potential change by your lender and fluctuation in the market. 

It’s worth carefully considering which you’d prefer when comparing car loan options.