Vehicle Loan
Found the right car? Whether it is your first hatchback, the family upgrade or a ute for the business, the finance should be the easy part. With clean credit, approval can land the same day you apply.
- Pre-approval inside a day
- A rate quote with no obligation
What to expect
Tell us about the car
Apply online with the vehicle you have your eye on, whether it sits on a dealer's yard or in a private seller's driveway, and tell us what you would like to borrow.
A soft check, then a same-day review
A soft credit check runs first, so your credit score takes no damage. Your loan is then reviewed the same day it arrives.
Matched against over 40 lenders
Your application is run against criteria from over 40 lenders, so the market is searched for your lowest rate while you get on with your day.
Sign, and we pay the seller
Approval sets out your costs and conditions, everything is signed electronically with nothing printed or witnessed, and we pay the vendor directly so all that is left is picking up the car.
Get your application in before midday and approval may be granted within an hour.
How Much Do You Need To Borrow?
Your repayment
*Repayment figures are an estimate only. Lending criteria, terms and conditions apply.
Any car, any seller
The car itself is never the obstacle. Anything from a 1969 Dodge Charger to a brand new car straight off the yard can be financed, for personal use or for the business.
Private sale or dealer sale, both are routine. There are systems in place for each, built to keep the handover quick and stress free, and the seller is paid directly once your documents are finalised.
With clean credit there is no need for a deposit, and putting one down will not change the rate we can secure for you. Deposits only come into it when credit is dented, or when the car is a luxury or older asset.
Cars for personal use
Cars for business use
Utes and trailers
Would you qualify?
The quick checks
- You are 18 or older. Between 18 and 21, a parental guarantor may be needed.
- You hold a full or restricted licence, with no condition 1 on it.
- On a learner licence, you will need clean credit and to be over 21.
- Your income can service the repayments, from full-time work or self-employment.
Dented credit does not always mean no. As brokers we run no fixed criteria sheet: once we know your position, we know which lenders will consider it and roughly what rate to expect.
Rather talk it through before applying? Call Sam on 0508 662 456.
Vehicle loan questions
Do I need a deposit for a car loan?
With clean credit, no. A deposit is typically only asked for to offset dented credit, or when the car is a luxury or older asset, and skipping one will not change the rate we can secure for you.
Will checking my rate hurt my credit score?
No. A soft credit check runs first, ensuring no damage to your credit, and a full credit check is not run until we have spoken with you.
What will my rate actually be?
Vehicle loans start from 7.45%, and where you land depends on your credit and financial position. Apply requesting an indication and it will be emailed through, or we will call, and after a few questions the estimate gets very accurate.
Can I buy from a private seller, or only from a dealer?
Either works. Private and dealer sales each have systems in place to keep things quick, and payment goes straight to the seller once everything is signed.
How quickly could I be driving it?
Applications are reviewed the same day they arrive, and one received before midday may be approved within the hour. Signing is electronic, so nothing waits on paper.
I am on a learner or restricted licence. Can I apply?
A full or restricted licence with no condition 1 is the standard requirement. On a learner licence you will need clean credit and to be over 21, and a guarantor can help where you fall outside that.
I have been declined somewhere else. Is it worth applying?
Yes. Tell us where you tried first, because that genuinely speeds up getting you an answer, and dented credit can still have a solution.
Can I pay the loan off early?
Yes, and it will not cost you much to do it: early settlement fees start from only $7.
Find out where you stand
A soft credit check runs first, so checking leaves no mark on your credit, and pre-approval carries no obligation.
Lending criteria, terms and conditions apply.