Calculators & Tools

BMW

Without seeing the brand name or logo, you can easily notice a BMW just by looking at the front grill. BMW is a car manufacturing company based in Germany and they are in car manufacturing for more than a hundred years. In their first phase, BMW used to have the most royal vehicle lineups. The built quality of their vehicles was super solid and still is.

BMW stepped into the hybrid and electric cars with their I lineup. It was ahead of time. Now BMW has both coupes, sedans, and SUVs. BMW has vehicles from all the sections and models for everyone. Their vehicles have become affordable now. With easy finance and loans, you can own your car of choice

Calculator

Any calculation made using this repayments calculator is intended for illustrative purposes only. The calculator does not take establishment fees, stamp duty, or other government charges into account. Any calculations made should not be relied upon for the purposes of deciding whether to apply for a loan.

Some of the benefits of car finance via Oxcel Finance

Anytime, Anywhere, Anyhow

Our team is serving no matter where you are in Australia, we are 100% online & paperless.

Financial Flexibility

Our lenders have a wide range of options that give you flexibility including early termination fees, variable loan terms and the ability to add a residual.

Lifetime Support

Don’t get left alone to figure out how much you owe, changing your details, or assessing your changeover options; we’re here for you over the life of your loan.

Common questions about our car loan calculator

What is a car loan and how does it work?

A car loan (also referred to as a secured car loan) involves a finance company lending you the money to purchase a vehicle for personal use. The loan is secured against the vehicle and, when the final repayment has been made, you will own the vehicle outright.

What is a comparison rate and why calculate it?

A comparison rate is an interest rate that lenders are required by law to display next to any advertised interest rate. A comparison rate calculates the loan interest rate and fees you may have to pay, including application fees and ongoing loan fees. This allows you to find out the true cost of the loan. We have a comparison rate calculator you can use to help you compare apples with apples.

What are the benefits of a car loan?

Benefits and product features of a car loan include flexible loan repayment periods, the ability to set a balloon or residual payment which will reduce your monthly repayments and lower interest rates versus a personal loan thanks to it being secured against the vehicle itself. As a business, a car loan may help you improve cash flow to your business as well as the potential to claim tax deductions if the car is being used for business purposes (check with your accountant for eligibility).