You’ve probably heard it all a million times before (possibly because we’ve been the ones saying it to you): you can’t get a secured loan on a vehicle when the vehicle is situated overseas.
Since we began in this game, the above rule has meant that anyone wanting to import their own car through Iron Chef Imports has had to either (a) pay for everything with cash, or (b) get an unsecured loan rather than a car loan, which usually meant getting stung with horrible interest rates along the way.
We’ve tried oh so many times to convince lenders that they need to provide our customers with a special product that allows importers to borrow the initial amount for the vehicle, then switch across to a standard, secured car loan once the vehicle has landed in Australia and is on the road.
Well now – finally – we’ve gone and bloody done it, with the help of a lender who, surprisingly, was using a similar hybrid-loan set up in a completely unrelated field.
So now, you can get the best of both worlds: save thousands of dollars by importing your own car from overseas through Iron Chef Imports, AND get access to lower-interest car loans through a variety of lenders, courtesy of our lending partner.
Interested in finding out what you can borrow before you start searching? They can help with that too.
Click on the link below and the team from iCredit will get in touch to see what package they can put together to best meet your individual needs.