Car Loans Australia

First-Time Car Buyer

Getting your first car is exciting — but dealer finance often comes with inflated rates. We help first-time buyers compare real lender rates, understand what they can afford, and secure pre-approval before stepping into a showroom.

Growing Family

Upgrading to a family-friendly SUV or people mover? We compare rates across lenders who specialise in larger vehicle finance and help you balance repayments with your household budget.

Tradie's Ute (Personal Use)

Your ute is your office. If you're buying a personal-use ute or van, we find the most competitive car loan rates. Using it for business? Our asset finance team can explore chattel mortgage options instead.

Self-Employed Driver

Irregular income shouldn't mean fewer options. We work with lenders who assess self-employed borrowers on bank statements and business cashflow — not just payslips — to find car finance that fits your situation.

EV & Hybrid Buyer

Going electric? You may qualify for a green car loan at 1–2% below standard rates. We compare EV-specific products across our lender panel and ensure you're getting the sharpest rate for your chosen vehicle.

Refinancing an Existing Loan

Stuck in expensive dealer finance at 10–12%? Refinancing to a lower rate can save thousands. We compare refinance options and calculate whether the savings outweigh any exit costs on your current loan.

The vehicle is used as security, enabling lower rates and longer terms. Suitable for new and used cars typically under 10–12 years old. The most common car loan type in Australia.

No vehicle security required. Higher rates reflect the greater lender risk. Useful for older vehicles, private sales, or when the car cannot serve as collateral.

Discounted rates for eligible electric vehicles and low-emission hybrids. Available through major banks and specialist lenders, subject to vehicle eligibility criteria.

What is the difference between a secured and unsecured car loan?

A secured car loan uses the vehicle as collateral, allowing lenders to offer lower interest rates — typically 5–9% p.a. for eligible borrowers. An unsecured car loan requires no collateral but carries higher rates (9–15%+ p.a.) and stricter eligibility criteria. Most new and used vehicle purchases use secured loans.

Can I get a car loan with bad credit?

Yes — specialist lenders on our panel work with borrowers who have impaired credit, defaults, or are discharged bankrupts. Rates are higher to reflect the risk, but approval is possible. A larger deposit and a newer vehicle generally improve your chances.

How much can I borrow for a car loan?

Most lenders approve between $10,000 and $500,000+ depending on your income, credit profile, and the vehicle's value. Everyday vehicles typically fall in the $20,000–$100,000 range, while luxury and exotic vehicles can exceed $500,000. Loan terms typically run from 1 to 7 years. A broker can find the maximum you qualify for across multiple lenders simultaneously.

Is dealer finance better than going through a broker?

Dealer finance is convenient but dealers typically mark up the interest rate by 1–4 percentage points and keep the difference as commission. On a $35,000 loan over 5 years, a 2% rate markup costs approximately $2,000 extra — a 4% markup can add over $3,800. A broker presents the best available rates from multiple lenders, independently.

What is a green car loan and who qualifies?

A green car loan is a discounted-rate finance product for eligible electric vehicles (EVs) and low-emission hybrids. Rates can be 1–2% lower than standard car loans. Most major Australian lenders offer green loan products — a broker can identify the sharpest green rates for your chosen vehicle.