Secured and unsecured loans are the most common types of finance when buying cars. However, there are some alternatives out there that you may want to consider. These include:
Peer-to-peer (P2P) finance, which links borrowers with private lenders directly.
Novated leasing, which is a three-way agreement between a lender, employer and employee.
Mortgage redraw, which allows homeowners with an active mortgage to use a line of credit or redraw facility to finance a car.
Car dealer finance, where you finance your car through the dealership.