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The 5 Best Car Financing Companies in Brisbane

The 5 Best Car Financing Companies in Brisbane

Range of services – Aside from car financing, we considered the companies that can offer other services that are in line with the main service they offer.
 
Reputation – We considered car financing companies that gained a solid client base, which signals the company’s expertise. We also considered their years of experience in the field.
 
Efficiency – It’s important for us to check the ease of their overall booking process. We also checked their accessibility to address their clients’ queries and clarifications.
 
Turnaround time – We checked the company’s quick coordination in finding the best solutions and deals for their clients.

    1. Approved Car Loans

    Approved Car Loans Homepage

    Services: Car Financing, Private Sale Car Loan, Car Insurance, Marine Insurance, Personal Loan, Equipment Loan, Bike Loan

    Website: https://www.approvedcarloans.com.au/

    Address: Suite 1, Ground Floor Credit One Building, 81 Brandl St, Eight Mile Plains, QLD 4113, Australia

    Contact Details: +61 733 406 700

    Operating Hours: Monday – Sunday: 8:30 AM – 5:00 PM

    Google Reviews Score 5/5
    Facebook Reviews Score 4.6/5
    Total Reviews5/5
    Score Consistency 5/5
    Range of services5/5
    Reputation5/5
         Work expertise5/5
        Years of experience5/5
    Efficiency4.7/5
        Ease of booking process5/5
        Accessibility to address queries4.5/5
    Turnaround time5/5

    Pros

    • Quick turnaround time
    • Has a wide selection of lenders
    • Obligation-free quotation 
    • Provides a wide range of warranty solutions

    Cons

    • Deals with a lot of clients
    • Limited number of agents

    Joining our list of the best car financing companies in Brisbane is Approved Car Loans. Aside from car financing solutions, the company also offers other related services such as personal loans and warranty solutions. 

    Because of this, we’re not surprised to see that the company has solid support from Brisbane residents.

    However, this growing support results in longer queues, which tells us that delays may happen from time to time. It’s also worth noting that a limited number of agents assist clients on a daily basis.

    On a lighter note, Approved Car Loans has been known for their quick turnaround time. We appreciate how their agents prepare all documents ahead of time to ensure the process will be as smooth as possible.

    On top of that, they have a wide selection of lenders that are only affiliated with Approved Car Loans, allowing clients to choose the one that would fit their requirements and budget.

    Another thing we like about Approved Car Loans is that they offer obligation-free quotations. This also gives customers more time to choose which agent they are more comfortable to work with.

    2. CarLoans.com.au

    CarLoans.com.au Homepage

    Services: Car Financing, Secured Car Loans, Unsecured Car Loans, Business Car Loans, Caravan Loans, Chattel Mortgage

    Website: https://www.carloans.com.au/

    Address: 40/123 Eagle St, Brisbane QLD 4000, Australia

    Contact Details: 1300 88 96 69

    Operating Hours: Monday – Friday: 7:00 AM – 7:00 PM

    Google Reviews Score 5/5
    Facebook Reviews Score 4.6/5
    Total Reviews5/5
    Score Consistency 5/5
    Range of services5/5
    Reputation4/5
         Work expertise4/5
        Years of experience4/5
    Efficiency4.5/5
        Ease of booking process5/5
        Accessibility to address queries4/5
    Turnaround time4.5/5

    Pros

    • Quick turnaround time
    • Easy lending process
    • Affiliated with major lending companies

    Cons

    • No office on weekends
    • A few reports of needing to improve coordination
    • Needs to improve response rate

    Since 2013, CarLoans.com.au has been providing car financing solutions across Brisbane. Though relatively new in the industry, it’s great that the company has been able to establish great relations with more than 30 reputable lenders in the city.

    In fact, they only partnered with major players in the lending industry, which gives us more peace of mind. Some of these affiliates are Automotive Financial Services, ANZ, and Macquarie, just to name a few.

    It’s also worth mentioning that their agents take their time in creating a good process since they started, which includes securing a great deal from their partner lenders.

    Because of this, customers can trust CarLoans.com.au to give good rates for their car financing needs. On top of that, the guys from CarLoans.com.au can quickly coordinate and process all documents and requirements, leaving worries away from customers.

    However, we have our reservations in terms of providing constant updates to their clients. We’ve heard that some people have been following up just to know the current status of their application.

    It can also get quite hard to get a quick revert from the company, especially for some calls or messages left on a weekend.

    On the other hand, we appreciate CarLoans.com.au for giving digital security a top priority through their data encryption and firewall mechanism. We love that all crucial and sensitive data from their pool of clients are safe, ensuring confidentiality.

    3. eCarz

    eCarz Homepage

    Services: Car Financing, Personal Finance, Business Loans, Boat Loans, Caravan Loans, Car Finder, Car Broker Services

    Website: https://ecarz.com.au/

    Address: 6/35 Paringa Rd, Murarrie QLD 4172, Australia

    Contact Details: 1300 37 83 87

    Operating Hours: Monday – Friday: 9:00 AM – 5:30 PM

    Google Reviews Score 5/5
    Facebook Reviews Score 4.9/5
    Total Reviews5/5
    Score Consistency 5/5
    Range of services5/5
    Reputation4.5/5
         Work expertise4.5/5
        Years of experience4.5/5
    Efficiency4.5/5
        Ease of booking process5/5
        Accessibility to address queries4/5
    Turnaround time4.5/5

    Pros

    • Efficient and prompt agents
    • Same day finance approval
    • Requires less documentation
    • Provides assistance even for self-employed applicants
    • Has a wide range of services, including car broker services

    Cons

    • Limited office hours
    • Not available on weekends

    Another one who deserves to be on our list of the best financing companies in the city is eCarz. 

    What we love most about them is their relatively fast approval rate, allowing them to award loans to successful clients the same day they completely submitted their requirements.

    In line with this, clients have been raving about the less documentation requirements when dealing with eCarz, allowing them to submit all the necessary paperwork at the soonest possible time. 

    We also love that the company has great affiliations with top lenders in the industry. Even better, eCarz has been able to secure lower interest rates from these partnerships.

    It’s also quite notable that the company can provide assistance not just to employed applicants but also to those who cannot provide enough financials.

    This tells us how we can comfortably address our needs to these guys, free of judgment – provided with utmost care.

    However, a longer queue is expected when securing an appointment with them due to limited office hours. Moreso, those who only have time on weekends may have to look for another company.

    Nonetheless, because their agents are prompt and efficient, we’re not surprised to see continued support from Brisbane people. With this, we feel that eCarz is worth a shot.

    4. The Car Finance Factory

    The Car Finance Factory Homepage

    Services: Car Financing, Quality Used Car Selling, Vehicle Brokerage Services, Vehicle Buy & Sell

    Website: https://www.carfinancefactory.com.au/

    Address: 33 Moss St, Slacks Creek QLD 4217, Australia

    Contact Details: +61 732 900 444

    Operating Hours: Monday – Friday: 8:00 AM – 5:00 PM; Saturday: 8:00 AM – 4:00 PM

    Google Reviews Score 4.6/5
    Total Reviews5/5
    Score Consistency 5/5
    Range of services4/5
    Reputation4.5/5
         Work expertise4/5
        Years of experience5/5
    Efficiency4.5/5
        Ease of booking process4.5/5
        Accessibility to address queries4.5/5
    Turnaround time4.5/5

    Pros

    • Offers up to 5-year vehicle warranty solutions
    • Provides assistance to pensioners, self-employed, and new residents

    Cons

    • Rates could be lower
    • Some instances of flooding marketing messages via SMS

    Since 1990, The Car Finance Factory has been providing car financial assistance across the city.

    Though there were reports about some delays caused by documentation issues, we’re still relieved to know that the agents are proactive enough in addressing the matters right away.

    Aside from assisting employed applicants, we love that they guys from The Car Finance Factory can also provide their services to those who are self-employed, those who are new residents of the country, and applicants who just turned 18 years of age.

    This flexible manner of assistance allowed the company to gain more traction among the other segments who wished to avail car financial loans.

    In line with this, we love how they coordinate the process with their clients. Even better, they make sure to give their customers a freedom to choose from their tailor fit loan options.

    Another thing we appreciate is their finance calculator available on their website. Through this, aspiring car loan applicants could easily get a range of monthly repayment.

    This allows them to see if dealing with The Car Finance Factory would be the best option for them.

    However, we’ve sadly heard a few complaints about customers getting bombarded with constant marketing messages through SMS.

    Though it’s quite understandable that some promotional announcements won’t hurt, we think it would be best to limit the frequency to avoid customers getting annoyed.

    All things considered, because of their lenient and easy process, The Car Finance Factory is worth a try.

    5. Naked Loans 

    Naked Loans Homepage

    Services: Car Financing, Quality Used Car Selling, Vehicle Brokerage Services, Vehicle Buy & Sell

    Website: https://www.nakedloans.com.au/

    Address: Level 13/144 Edward St, Brisbane QLD 4000, Australia

    Contact Details: 1800 43 86 25

    Operating Hours: Monday – Friday: 8:30 AM – 5:00 PM

    Google Reviews Score 5/5
    Facebook Reviews Score4.9/5
    Total Reviews5/5
    Score Consistency 5/5
    Range of services3.5/5
    Reputation4/5
         Work expertise4/5
        Years of experience4/5
    Efficiency4/5
        Ease of booking process4/5
        Accessibility to address queries4/5
    Turnaround time4.7/5

    Pros

    • 2011-2022 Gold Trusted Service Awardee
    • Quick turnaround time
    • Obligation-free quotation

    Cons

    • A few reports of needing to improve after sales services
    • Limited services to car financing only
    • Limited office hours

    It’s worth highlighting that Naked Loans has been able to get the Gold Trusted Service Award for two consecutive years. 

    Clients have been more confident in dealing with these guys. Their awards have been a huge help in attracting a new set of clientele as well.

    What we like about the company is that everyone can get encouraged to apply for a car financing loan regardless of financial status. Even better, they provide assistance even to Brisbane residents who have bad credit status.

    We also appreciate their easy application process online. Upon completing the form in under 10 minutes, applicants would just have to wait for Naked Loans to review it within 24 hours.

    On top of that, the company’s proactive agents will relay different finance options to their clients. The agents ensure that all necessary information will be cascaded and discussed from the get-go, which we certainly love.

    However, compared to its counterparts, Naked Loans is only limited to car financing services. They may not be the best option for those looking for other services related to this main service.

    We also have reservations when it comes to their after sales services. We hope that the guys from Naked Guys can improve this, most especially when addressing their clients queries after their loan settlement.

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