Vehicle Finance FAQ's
Does Dandenong KIA provide vehicle financing?
No. We have a range of lenders that we work with on your behalf in which our Business Managers are accredited with. Having access and partnerships with a range of well-known and respectable lenders allows Dandenong KIA to get you the best finance deal possible.
What paperwork will I need to supply to have my car loan pre-approved?
You don’t need to supply us with any documents for a conditional pre-approval. Once you find your new car, we will ask you to verify some information such as income, employment status, residential address and proof of identity. In some cases, additional information may be required prior to approval.
what are my ongoing fees?
As with any loan or finance package, there may be some additional fees from the lender. At Dandenong KIA, our tailored finance packages can include any fees in your loan term, making payments easier and transparent. Our Business Managers will explain all the fees with you at the time of your application.
What is the interest rate i will be paying?
As one of the largest vehicle financing dealerships in Australia, we have access to some of the best interest rates available on the market. Your interest rate and interest payments will depend on a range of criteria, including the type of finance, age of vehicle being purchased, your income status and credit history. Our commitment to our customers is to be transparent and clear, as we understand that purchasing a car can be one of the biggest investments in your life.
Can i make additional payments on my loan?
Yes! You can make as many additional payments as you like, and your loan status will be in an advanced payment state. Please be aware that there may be early termination fees if you pay out your contract early.
What if i am unable to repay my loan due to sickness or unemployment?
The best way to counter this is to take out one of our many loan repayment protection plans, that can cover your repayments in case of serious illness, personal injury or loss of employment. Please speak with one of our Business Managers to find out more.
I need some more information or assistance?