Car Finance

Car financing can be define as a procedure whereby consumers, who don’t have
financial capability to purchase an automobile by cash or those who are unwilling to deplete
the majority of their resources on an item at a time, gets money from a financier to purchase
it and pay it back at a set of period.

For business, 360 financial are offering a few attractive plans. Commercial Hire
Purchase Plan, for example. It is a business finance product where customer hires vehicle
from financier for a period of time and proceed with fixed monthly payment.

Chattel Mortgage is one of the commercial finance products for vehicle which is to
be used predominately for business purposes that is very similar to secured Car Loan. 360
Financial realize that operating costs are not cheap either, therefore, a plan which is known
as Fully Maintained Operating Lease is introduced to the public whereby they take
responsible for servicing, registration and maintenance cost for a single monthly payment.

A company which aren’t interested to outlay any capital to purchase the vehicle as it
associated risk for owning a vehicle can prefer Operating Lease which enables them to lease
a vehicle without taking risks associated of owning a vehicle.

No Financials Car Loan is perfect for those who are unwilling to disclose their
financial information to repay the loan can be easy upgrade options for those professionals
or people with an existing loan in hand.

For personal car finance, 360 Financial offers Commercial Hire Purchase which is a
type of car finance whereby customer uses vehicle by hiring it but the ownership will be
transferred once the consumer made the final payment. This plan is almost the same as car
loan whereby loaner has the car as security but with a lower interest rate as compare to
personal loan.

Car finance is an issue applicable to everyone because car is becoming an important

transport either for business purposes, or even for our house daily chaos.