James Grima from Omniwealth believes that the benefits of purchasing a car for a good price can be lost in higher leasing costs.
“A car buyer is just like a home buyer and needs to look at the monthly loan repayment amount rather than the advertised interest rate. The actual repayment amount will allow a buyer to see the total cost which can include extra financing costs laid over the rate quoted by the financier.
“Car or work vehicle leasing rates for a business person with a clean finance record are still very competitive. Even people with impaired credit histories or limited financials can secure vehicle financing in many cases,” said James Grima, Managing Partner – Lending at Omniwealth.
James Grima
Managing Partner – Lending
Omniwealth
t: 02 9112 4300
m: 0407 407 104
james.grima@omniwealth.com.au
www.omniwealth.com.au
Aaron Fuda
SMSF, Residential & Small Business Mortgage Broker
Omniwealth
t: 02 9112 4328
m: 0451 178 522
aaron.fuda@omniwealth.com.au
www.omniwealth.com.au