Red & Blue

Car Loans

About Our Car Loan

Buying a car is a dream for many of us. But does that mean we need to break our piggy bank to buy it? We are here to help you hit the open roads with our simplified car loan process. At Red & Blue Car Loan, we want to make it as easy as possible for you to get the best deals on your car loan. That’s why we’ve partnered with some of the best lenders in the country who are committed to making sure your next car purchase is smooth and without any hiccups.

Types Of Car Loans


Standard Loan

Standard loans are the simplest and are borrowed from renowned financial institutions like banks and credit unions. These institutions help you in buying a new or already used vehicle by providing you with a substantial loan. In this type of loan, you are expected to be financially sound to comfortably make the repayments. 

Finance Lease

To get immediate use of a car, the preferable option is a finance lease. In this, the financier buys a car and then leases it to the motorist for business purposes with limited or no capital expenditure.

Commercial Hire Purchase

This loan structure is used for business purposes. With the help of commercial hire purchase, you own assets from the beginning and repay the financier in instalments. As the title suggests, you are hiring an asset intending to purchase so you do not fully own the asset until the full amount is repaid.

Novated Lease

A novated lease is a three-way arrangement in which the employee’s wages are reduced and the salaries are sacrificed to the equal value of vehicle benefits. The employee directly leases the car from the financier and pays through the novated deed on the wage.


Operating Lease

In this type of loan, the financier buys the car and rents it to the motorists. Motorists use it risk-free and in the end, motorists have an option to buy the car or rent it.

Chattel Mortgage

A fixed loan where the lender propels cash to purchase a vehicle. The agent holds a home loan over the vehicle which is utilised as security for the advance. Motorists can fund the absolute price tag of the vehicle or can set aside a direct instalment or utilise an exchange.

Customer Service Commitment

Let us do the legwork for you

We can help you turn your home dreams into reality with a variety of home loan options. Get in touch today and we’ll walk you through the process.