Enterprise Motor Group Provide Easy To Access Car Financing

Most people, when buying a car, start with looking on the internet, and the friendly team at Enterprise Motor Group advise that before they start browsing the thousands of cars on display, it definitely helps to know their budget and price range. The Enterprise Motor Group team will work with their customers to determine their budget and tell them exactly what that turns into as a ‘cash price’. They are not a broker so people aren’t paying for a middleman.

With Enterprise Motor Group’s no obligation pre-approved car finance, prospective customers will know exactly what they can spend and how much their payments will be before they start looking. Everyone’s situation is unique, so Enterprise Motor Group offer tailored packages to fit with their easy to access car financing.

Car finance is a way of paying a new car off in easy regular payments and car finance in New Zealand is governed by some very strict laws, the most important of which is the CCCFA which sets out people’s rights as a consumer as well as the responsibilities of the people lending them the money. Most loans are paid weekly, fortnightly or monthly, and usually the frequency of people’s payments match their pay period. The most common terms for a car loan are 36 or 48 months; however, for those who might need lower payments to make the loan more affordable, online car loans offer terms of up to 72 months.

As part of their decision making process prospective customers will need to determine what their budget is and also what they will get approved for. Getting pre-approved does not commit someone to buying a particular car or take the finance; however it does allow them to shop around, knowing exactly what they can afford. It is important to note that while getting pre-approved can be helpful it is not a good idea to get pre-approved at too many places as it can have a negative effect on a person’s credit score.

What prospective buyers will need to qualify, in general terms, are a driver’s license and they must be over 18 years of age. They should also have the ability to afford the loan payment as well as their everyday living costs and have a steady form of income. They can not be currently bankrupt or have just completed a no asset procedure. Apart from this, most people will qualify for the Enterprise Motor Group finance packages.

For more information please visit the website at http://www.enterprisecars.co.nz .