Secured Car Loan
Buying a new car is an exciting process, so why can’t the finance aspect be too? With a secured car loan from Rapid Loans, we take the stress out to make the experience an enjoyable one. Whether you’ve got your eyes set on a particular car you’ve seen online from a private seller, or you want to spend days walking around dealerships looking for that perfect match – we want to help.
Rapid Loans offers a two week conditional pre-approval so that you can shop for cars with confidence.
What is a secured car loan?
A secured car loan means that we use the car you’re purchasing as an asset to secure your loan. This is common practice in car finance.
What kind of vehicle can you lend for?
Rapid Loans secured car loans can also be used to purchase other types of vehicles, in new or used condition:
- Jet Skis
Sounds good! How do I apply?
You can apply for your secured car loan online from the comfort of your own home.
- Click ‘apply now’ and fill out our easy 4-step application.
- Fast track your application by supplying additional documents in a secure, user friendly platform.
- One of our consultants will be in touch ASAP.
Car Loan Calculator
Use our simple car loan calculator to find out how much you can borrow towards your new set of wheels.
- $ 2,001
- $ 3,000
- $ 4,000
- $ 5,000
- $ 6,000
- $ 7,000
- $ 8,000
- $ 9,000
- $ 10,000
How often do you get paid?
*Estimated repayments start at
Secured Car Loan
Purchasing a vehicle is sure to be one of the biggest financial decisions of your life. This is a major investment that will serve you for many years, helping you enjoy life, spend time with family and friends, make it to work daily and run your errands. Whether you mainly use your vehicle in town or tend to save it for long-distance drives, it is vital that you have a reliable vehicle. If you do not yet have a vehicle or are realising that your current vehicle is not as reliable as it once was, it may be time to consider financing your next car in the upcoming weeks
Why You Should Choose Rapid Loans
- Easy application process
- Fast response
- Excellent customer service
- Customised repayment options
- Two-week conditional pre-approval option
Rapid Loans is proud to offer our many customers several benefits. These include the following:
- Incredibly fast online application process
- Fast payments upon approval
- Personalised services with a premium put on customer satisfaction
Now may be the right time to buy a vehicle if you fall into one of the following categories.
- You have been relying on public transportation and now is the time to buy a car.
- You are ready to purchase your first car after getting your license.
- You are looking for a second vehicle or a larger car for your family.
- You are looking to upgrade your current vehicle.
Benefits of a Secured Car Loan
At Rapid Loans, we offer secured car loans. Understanding more about this type of financing will help you choose us with confidence.
Unlike an unsecured loan, a secured loan is a type of financing that requires collateral. In the case of a secured car loan, your new vehicle is the collateral that we use to ensure that the loan is paid back according to the financing terms. Rapid Loans will hold a security interest in the vehicle until the loan is paid off completely.
As long as you are confident that you can pay back your loan in the time at the amount allotted, a secured car loan is the obvious answer to financing your vehicle. You will be able to purchase your vehicle quickly and drive off the lot in no time.
Our secured car loans can be used in one of two ways.
- To apply for conditional pre-approval before going vehicle shopping
- To pay for a vehicle after finding the one you like
Easy Online Application Process
Today, we know how difficult it can be for customers to show up in person to apply for a loan. This cantake up valuable time that you may not have in your busy life. That is why we make our loan application process so easy. You can complete the entire application online in only a few minutes, letting you stay in and stay comfortable in your pyjamas if you like while you get the financing that you need.
In addition, Rapid Loans offers a variety of online resources to help you at every step in the financing process
- Online car loan calculator
- Car buying tips
Our car loans are ideal for the following people.
- Those who work full-time
- Those who work part-time
- Those who have just received their learners’ permits
- Those receiving government benefits
- Subcontractors and self-employed individuals
Incredibly Fast Response Time
We know that your time is valuable. That is why we work quickly to get you the car loan that you need. Not only can our online application be completed quickly, but also you will hear back from one of our car finance consultants in 24 hours or less. This fast turnaround time will help you secure the vehicle that you want before someone else drives it off the lot. In addition, if you are approved, you should have the necessary funds to purchase your vehicle in under 24 hours as well.
Tailored Finance Options for Your Unique Needs
At Rapid Loans, we also understand that each of our customers is different and faces different financial needs. For this reason, we offer financing and repayment options designed to meet your unique requirements. Our loans are not one-size-fits-all. Instead our car finance consultants create the perfect loan and repayment terms for you. Some customised options include the following:
- Weekly, fortnightly or monthly payment terms
- Conditional acceptance of government pension and benefits for payment
- A variety of loan terms available
Superior Customer Service at Every Step
Our goal at Rapid Loans is to take one potentially frustrating task off your plate. We make getting a Secured Car Loan fast and easy, and our customer service agents set the tone for your experience with us. Each agent is highly trained and is able to answer your questions on your first call or email. We are readily available during business hours so that you can be driving your new vehicle as soon as possible.
Our customer service team can help you with many aspects of the loan process, including the following:
- Choosing loan terms and limits
- Keeping you in the loop throughout the entire process
- Navigating through disputes and hardships
Ideal Loans for Used Car Shopping
Used cars can be snapped up from local lots in a heartbeat, meaning that you need financing in place to get the vehicle you want. Our secured loans in amounts ranging from $5,000 to $25,000 are ideally suited for purchasing a used car, truck or SUV. You can use your car loan to purchase a used car at a dealership, from a private seller or even at an auction.
Two-Week Conditional Pre-Approval Option for Easy Shopping
While you can choose to find the vehicle that you want before applying for a loan from Rapid Loans, we offer up to two weeks of conditional pre-approval. This brings several benefits with it, including the following:
- Nab the vehicle you want immediately.
- Show sellers that you are a highly suitable buyer.
- Improve your negotiating power.
- Know the amount you can spend before shopping.
Finance Your Next Vehicle with Rapid Loans
Before applying for financing with Rapid Loans, be sure to complete the following requirements.
- You can prove your place of residence.
- You can show three months of continuous income.
For years, we have worked with numerous car buyers to help them get the vehicles of their dreams without any of the stress of the typical financing process. Choose Rapid Loans with full confidence for your next vehicle loan and experience the numerous benefits that numerous other customers have already discovered.