Google Reviews

Why is it a bad idea to save for a car?

Loan Services | Financial Agent | Insurance Agent| Surelend | 6

If you are living on the Gold Coast, or anywhere else in Australia, you may have felt the need to buy a car for picking and dropping your child to school, to go to college, office or for other miscellaneous jobs. When you contemplate buying a car, you have two options- either save to buy later, or take a loan and buy the model of your choice right now.

However, saving is a very slow process, especially if you are saving for expensive objects like a car or a house. It can take months or even years to save a large amount of money. Here are some more reasons to let you know why saving for a car is a bad idea.

  1. Slow and tiresome process: As mentioned above, saving is a very slow process. Doing so will result in a waste of your time. Saving means that you are putting aside a certain sum of money. When you take a loan from Surelend, you are doing the same thing, you are putting aside an amount of money, but the advantage is that you can have the car of your dreams right now.
  2. Car model: Suppose you have chosen a car model, but by the time you save money for that car, you fall in love with a newer and more expensive model. Buying a car in the future with a choice of car in the present will not satisfy you. Therefore it is suggested that you should buy a car as soon as you chose a model with the help of a loan.
  3. Best deals: A finance broker can get you the best deal for your car. At Surelend, we have a view of the total market and a huge choice of models of cars which enables us to recommend you the best deal according to your needs and financial situation.

Surelend can offer loans to any Australian resident with the best car loan option for your situation, tailored to meet your requirements.

Our Lenders

How We Work

Loan Services | Financial Agent | Insurance Agent| Surelend | Apply

Apply

Loan Services | Financial Agent | Insurance Agent| Surelend | Get The Best Deal

Get The Best Deal

Loan Services | Financial Agent | Insurance Agent| Surelend | Get Approved

Get Approved

Loan Services | Financial Agent | Insurance Agent| Surelend | Get The Keys

Get The Keys

Why Surelend

  • Loan Services | Financial Agent | Insurance Agent| Surelend | Why Surelend Icon Competitive interest rates
  • Loan Services | Financial Agent | Insurance Agent| Surelend | Why Surelend Icon Incredibly High approval rate
  • Loan Services | Financial Agent | Insurance Agent| Surelend | Why Surelend Icon Fast and Easy loan approval process
  • Loan Services | Financial Agent | Insurance Agent| Surelend | Why Surelend Icon Less Documents and time consuming paperwork
  • Loan Services | Financial Agent | Insurance Agent| Surelend | Why Surelend Icon Help for both Employed and Self-Employed loan applicants

Menu