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Personal Finance

Your local Holden Dealer can assist with finance options that meet your requirements.

Know the road ahead with loan terms of up to 7 years.

Flexibility

Choose between weekly, fortnightly or monthly payments.

Choice of term

Choose the length of the loan term, from 1 to 7 years.

Tailoring

A range of deposit and balloon payments available to suit your needs.

Everything you need

Have the option to include on-road costs into your loan.

Fixed Rate Loan made easier.

Car finance doesn’t have to be complicated. Access tips and articles on this website to help you find a suitable finance option.

Fixed Rate Loans

Personal Finance

Fixed-rate Loans: A Guide

If you've got your eye on a new Holden and you're thinking about taking out a Fixed Rate Loan, you can find some information about the product here. The information sets out the key features of the loan, so you can decide if this type of loan may suit you.

Read more

Personal Finance

Fixed-rate Loans: A Guide

If you've got your eye on a new Holden and you're thinking about taking out a Fixed Rate Loan, you can find some information about the product here. The information sets out the key features of the loan, so you can decide if this type of loan may suit you.

The basics

What is a Fixed Rate Loan?

With a Fixed Rate Loan, the interest rate is locked in for the term of the loan and your repayments are set, so you know how much your regular repayment will be.

How does it work?
  • Step 1: Choose your new Holden
  • Step 2: Apply for a loan
  • Step 3: Get approved
  • Step 4: Drive away
Who would it suit?

A Fixed Rate Loan may be a good option if you want the confidence and certainty of knowing exactly how much each repayment will be. Plus, you can choose a loan term and weekly, fortnightly or monthly repayments to suit your lifestyle.

What should I look out for?

Make sure you ask the necessary questions before you sign on the dotted line. Some important questions include:

  • How much interest will I pay during the life of the loan?
  • Are there any fees and charges on top of that?
  • Will I be charged additional costs if I pay the loan back early?
  • What will the repayments on the loan come to in total?
  • Will I still have a Balloon Payment at the end?

Key Features

Choice
  • A contract with your choice of term ranging from one to seven years, so you can decide what term best suits your needs.
Certainty
  • Know exactly how much you need to pay each week, fortnight or month.

Considerations

Paying Interest

Interest is charged on all loans, so you'll pay more than the price of the vehicle over the period of the loan.

End-of-term payments

If you chose a Balloon Payment option, you will owe a lump sum of money at the end of your contract. Be sure to factor that into your long-term budgets.
What's a Balloon Payment?

Choosing a Term

By choosing a longer term your regular repayments will be less, but you'll pay more interest in the long run. If you choose a shorter term your regular repayments will be more, but you'll pay less interest in the long run.

If you'd like more information, browse our handy personal finance articles or ask the finance manager at your local Holden dealership.

Holden Financial Services is a registered trademark of General Motors LLC and is used under sub-licence by St. George Bank - A Division of Westpac Banking Corporation Limited ABN 33 007 457 141 AFSL and Australian Credit Licence 233 714. Finance to approved applicants, subject to suitability. Credit criteria, fees, charges and terms and conditions apply.

The information provided on this website is intended to provide general information only. Holden Financial Services does not provide taxation advice. You should obtain independent taxation advice. Please speak to an independent advisor for any tax-related queries.

Read more personal finance articles

Personal Finance

Balloon Payments: A Guide

Read on to find out if a Balloon Payment might suit your requirements.

The basics

What is a Balloon Payment?

A Balloon Payment is a lump sum of money, additional to your monthly repayments, that is due at the end of the loan term. You should ensure that this payment meets your needs and that you have a plan to fund the payment.

For example: Say you borrow $40,000 over 5 years to pay for your car and choose to have a $10,000 (25%) Balloon Payment on your loan. Your monthly repayments will be lower than if you had no Balloon Payment, but you will still owe the financier $10,000 at the end of the 5 year loan term.

If you'd like more information, browse our handy personal finance articles or ask the finance manager at your local Holden dealership.

Holden Financial Services is a registered trademark of General Motors LLC and is used under sub-licence by St. George Bank - A Division of Westpac Banking Corporation Limited ABN 33 007 457 141 AFSL and Australian Credit Licence 233 714. Finance to approved applicants, subject to suitability. Credit criteria, fees, charges and terms and conditions apply.

The information provided on this website is intended to provide general information only. Holden Financial Services does not provide taxation advice. You should obtain independent taxation advice.

Holden Financial Services are not providers of taxation advice. Please speak to an independent advisor for any tax-related queries.

Read more personal finance articles
Choosing a term length

By choosing a longer term length your regular repayments will be less, but you'll pay more interest in the long run. If you choose a shorter term length your regular repayments will be more, but you'll pay less interest in the long run.

In-car technology

Personal Finance

Tips to minimise the amount of interest you will pay

Fixed Rate Loans can be a good option if you want to spread your payments over time instead of buying the car with cash. But if you choose a shorter term, you'll pay less interest in the long run.

Read more

Personal Finance

Tips to minimise the amount of interest you will pay

Fixed Rate Loans can be a good option if you want to spread your payments over time instead of buying the car with cash. But if you choose a shorter term you'll pay less interest in the long run.

Shortening your term

If you can afford to pay a little more every month, choose a shorter loan term and you will pay less interest in the long run.

For example, if you choose to repay the loan over a term of 48 months rather than 60 months you will have a higher repayment but will save on the interest you pay.

If you'd like more information, browse our handy personal finance articles or ask the finance manager at your local Holden dealership.

Holden Financial Services is a registered trademark of General Motors LLC and is used under sub-licence by St. George Bank - A Division of Westpac Banking Corporation Limited ABN 33 007 457 141 AFSL and Australian Credit Licence 233 714. Finance to approved applicants, subject to suitability. Credit criteria, fees, charges and terms and conditions apply.

The information provided on this website is intended to provide general information only. Holden Financial Services does not provide taxation advice. You should obtain independent taxation advice. Please speak to an independent advisor for any tax-related queries.

Read more personal finance articles
Have you considered a Balloon Payment?

A Balloon Payment^ is a lump sum of money, additional to your monthly repayments, that is due at the end of the loan term. You should ensure that this payment meets your needs and that you have a plan to fund the payment.

Balloon Payments

Personal Finance

Balloon Payments – A Guide

Read on to find out if a Balloon Payment^ might suit your requirements.

Read more

Personal Finance

Balloon Payments: A Guide

Read on to find out if a Balloon Payment might suit your requirements.

The basics

What is a Balloon Payment?

A Balloon Payment is a lump sum of money, additional to your monthly repayments, that is due at the end of the loan term. You should ensure that this payment meets your needs and that you have a plan to fund the payment.

For example: Say you borrow $40,000 over 5 years to pay for your car and choose to have a $10,000 (25%) Balloon Payment on your loan. Your monthly repayments will be lower than if you had no Balloon Payment, but you will still owe the financier $10,000 at the end of the 5 year loan term.

If you'd like more information, browse our handy personal finance articles or ask the finance manager at your local Holden dealership.

Holden Financial Services is a registered trademark of General Motors LLC and is used under sub-licence by St. George Bank - A Division of Westpac Banking Corporation Limited ABN 33 007 457 141 AFSL and Australian Credit Licence 233 714. Finance to approved applicants, subject to suitability. Credit criteria, fees, charges and terms and conditions apply.

The information provided on this website is intended to provide general information only. Holden Financial Services does not provide taxation advice. You should obtain independent taxation advice.

Holden Financial Services are not providers of taxation advice. Please speak to an independent advisor for any tax-related queries.

Read more personal finance articles

We make financing a Holden quicker and easier.

Step 1

Do your research

  • Learn which finance options are available to you.
  • Read our tips and articles to learn more.
Step 2

Visit your local Holden Dealer

  • Take your favourite Holden for a spin.
  • Discuss your finance options in more detail.
  • Be approved and take your new Holden home.
Step 3

Enjoy post-sale benefits

  • A dedicated Holden Financial Services contact centre.

^A balloon payment is a lump sum of money, additional to your monthly repayments, that is due at the end of the loan term. You should ensure that this payment meets your needs and that you have a plan to fund the payment.

Holden Financial Services is a registered trademark of General Motors LLC and is used under sub-licence by St. George Bank - A Division of Westpac Banking Corporation Limited ABN 33 007 457 141 AFSL and Australian Credit Licence 233 714. Finance to approved applicants, subject to suitability. Credit criteria, fees, charges and terms and conditions apply.

If you can get your employer on-board, enjoy a new Holden with payments deducted from your pre-tax salary.

Fixed payments

Monthly payments are deducted from your regular salary.

Certainty

Enjoy the certainty of fixed payments.

Novated Lease made easier.

Car finance doesn’t have to be complicated. Access tips and articles on this website to help you find a suitable finance option.

Novated Lease

Personal Finance

Novated Leases: A Guide

A Novated Lease can potentially save you money compared to purchasing a new Holden using other forms of finance. If your employer agrees, read on to find out how it works and see if this could suit you.

Read more

Personal Finance

Novated Leases: A Guide

Novated Leases can be confusing, especially when they're explained in finance jargon. But come tax time, they can potentially save you quite a bit of money. If your employer offers this option, read on to find out how it works and see if this could be the right choice for you.

The basics

What is a Novated Lease?

A Novated Lease is a type of salary packaging that allows you to drive a new car. Holden Financial Services owns the car and leases it to you. Provided your employer agrees, your employer is responsible for making the monthly payments under the lease, taking those out of your pre-tax income. Essentially, you hand over a portion of your salary to drive a new Holden.

How does it work?

The Novated Lease works as a three-way agreement, called a Novation Agreement, between you, your employer and Holden Financial Services. Under it your employer takes on the responsibility for making the monthly lease payments to Holden Financial Services, which owns the car. It's important to remember that you will still have obligations under the lease even though your employer is making the monthly payments.

Your employer pays the lease payments each month on your behalf, taking it out of your pre-tax income.

If you stop working for the employer you will be responsible for making the monthly payments to Holden Financial Services.

If you get a new job you can ask your new employer if they will agree to enter into a new novation agreement with you and Holden Financial Services. It's not automatic. If they do agree, they will be responsible for the monthly lease payments from then. You will be responsible for making the monthly lease payments if they do not.

Who would it suit?

A Novated Lease may suit you if you'd like to include a vehicle as a part of your salary package - as long as your employer agrees.

Benefits

Flexibility
  • You can continue driving the vehicle if you change jobs. Your new employer will need to agree to a new novation agreement if you want to have your ongoing lease payments salary packaged.
Can be tax-effective
  • As the repayments are taken out of your income before tax, you'll receive a number of pre-tax benefits.

Considerations

Lease payments

If you lose your job, or change jobs and your new employer does not offer novated leasing as a salary packaging option, you'll be responsible for making the lease payments that were previously paid by your employer to Holden Financial Services. You still have other obligations under the lease as well.

Is this an option?

A Novated Lease is only available with your employer's agreement so you'll need to get your employer's approval to make this happen.

Holden Financial Services is a registered trademark of General Motors LLC and is used under sub-licence by St. George Bank - A Division of Westpac Banking Corporation Limited ABN 33 007 457 141 AFSL and Australian Credit Licence 233 714. Finance to approved applicants, subject to suitability. Credit criteria, fees, charges and terms and conditions apply.

The information provided on this website is intended to provide general information only. Holden Financial Services does not provide taxation advice. You should obtain independent taxation advice. Please speak to an independent advisor for any tax-related queries.

Read more personal finance articles

We make financing a Holden quicker and easier.

Step 1

Do your research

  • Learn which finance options are available to you.
  • Read our tips and articles to learn more.
Step 2

Visit your local Holden Dealer

  • Take your favourite Holden for a spin.
  • Discuss your finance options in more detail.
  • Be approved and take your new Holden home.
Step 3

Enjoy post-sale benefits

  • A dedicated Holden Financial Services contact centre.

Holden Financial Services is a registered trademark of General Motors LLC and is used under sub-licence by St. George Bank - A Division of Westpac Banking Corporation Limited ABN 33 007 457 141 AFSL and Australian Credit Licence 233 714. Finance to approved applicants, subject to suitability. Credit criteria, fees, charges and terms and conditions apply.

Would you like to get started or simply know more?

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