4×4 Finance Options

Look into your financing options for a 4x4 vehicle to go off-road and out into nature with ease.

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4x4 finance is for those who wish to get off the beaten path and explore more of the nature around them in the comfort of their own vehicles. However, finance for a 4x4 can be expensive as these cars are specifically designed to go off-road and are not your standard vehicle.

A 4x4 is a vehicle that has four wheels and is powered by four wheels. This type of vehicle is designed for going off-road and handling types of terrain that your standard vehicle cannot, such as rocks, mud and water. This is why a 4x4 is usually more expensive.

What options do you have to finance a 4x4?

There are many loans that you’re able to choose from when looking to buy your 4x4, including:

  • Secured car loan. This loan advances funds for purchasing your vehicle. You’re able to borrow a range of dollar amounts, depending on the lender you choose. This option uses the vehicle as security, so if you get into an accident in your 4x4 on the weekend, you must still pay off the loan even though you might not have access to the car.
  • Dealership finance. Dealership finance usually provides loans with little to no interest and a range of extras to be considered for your 4x4. However, these extras have a cost so this is something to keep in mind before applying for dealership finance.
  • Novated lease. A novated lease is another word for salary packaging, which allows your car payments to come out of your salary pre-tax. This is ideal if you’re using your vehicle for work. It’s good to know that the salary you get from your employer is yours alone, as you’ve already paid off that vehicle expense.
  • Chattel lease. This option works well if you’re looking to secure a vehicle for your business or specifically for work, as you’re able to get the money lent to your business to purchase the vehicle. If you need your 4x4 for work, it’s a good idea to consider this option.

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How much will it cost to finance a 4x4?

Prices for a 4x4 range from brand to brand but can start from $20,000 and go as high as $70,000. This is just the price of the vehicle alone without factoring in any other costs, such as fuel, replacement tyres, registration, insurance and other extras that you might not realise you need. Some extras are useful but expensive, such as a light bar that can be attached on the top of your vehicle and the installation of a bullbar to ensure that if you do hit something, it’ll cause as little damage as possible. The price of bull bars can range from $275 for the parts as well as having to pay to have them installed on your vehicle. Factoring in these extras and the cost associated with them is important, before you apply for finance.

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How to compare your loan options

Comparing your loan options is always tricky if you don’t know what to look for. Be sure to compare the following points:

  • Will your loan be secured or unsecured? Knowing whether or not your loan is secured or unsecured is helpful as there are higher rates associated with an unsecured personal loan. With a secured loan, the rates are lower as there’s less risk to the lender. However, this means that if you’re unable to make your payments, your vehicle is used as security for the loan and might be a casualty.
  • What’s the interest rate? The interest rate applied to your loan is always one to consider as this is the percentage that directly impacts your repayments. Interest rates can start from 6.99% p.a. and range as high as 22% p.a.
  • What’s the minimum loan amount? The minimum loan amount is the least you are able to apply for. If you only need a small amount, look into lenders that can provide it for you. There’s no point getting excited about a lender only to realise that the minimum amount is too large for the amount you want to borrow.
  • What’s the comparison rate on the loan? The comparison rate is the rate you need to keep an eye on, because it factors in interest rates, fees and charges. The comparison rate allows you to compare loans on offer from different lenders.
  • Is there an application fee? There is more than likely going to be an application fee when you apply for the car loan you’re after. Knowing how much this is going to cost in advance will lessen the shock when you look at your bank account.
  • Is there repayment flexibility? Many lenders offer the ability to tailor your repayments to a weekly, fortnightly or monthly schedule. Knowing if there is repayment flexibility can ease the strain of a loan if you’re able to tailor your repayments. However, not all lenders allow this flexibility so look into it before applying.

Is there anything to avoid when financing a 4x4?

Although it might be tempting to get a 4x4 with all of the extras because you just know you’re going to be out in the bush, take a step back and reconsider what extras you actually need. Thinking you should get a bullbar in case you hit a kangaroo is all well and good, but consider where you plan on using the 4x4 and choose your extras accordingly. You might realise that you don’t even need it.

Another thing to consider is the habit of using the credit available to you to bail you out if you’re in a tight spot financially. Getting the car of your dreams is all well and good, but it won’t be beneficial if you’re unable to drive it because you can’t afford the repayments. Look into your financial situation before making a final decision on financing.

Compare 4x4 loan options

$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Monthly Repayment View Details CTA
Loans.com.au - New and Dealer Used Car Loan
From
4.67%
(fixed)
5.22%
You'll receive a fixed rate from 4.67% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.
You'll receive a fixed rate from 4.67% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.
IMB New Car Loan
4.88%
(fixed)
5.23%
You'll receive a fixed rate of 4.88% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.
You'll receive a fixed rate of 4.88% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.
Plenti Car Loan
From
4.89%
(fixed)
5.44%
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
Credit Concierge Car Loan
From
2.99%
(fixed)
4.07%
You'll receive a fixed rate of 2.99% p.a. with a comparison rate of 4.07% p.a.
Get access to over 20 providers to fund a new or used car.
You'll receive a fixed rate of 2.99% p.a. with a comparison rate of 4.07% p.a.
Get access to over 20 providers to fund a new or used car.
Stratton Finance New Car Loan
From
3.85%
(fixed)
4.05%
You'll receive a fixed rate from 3.85% p.a. depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
You'll receive a fixed rate from 3.85% p.a. depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
NRMA New Car Loan
From
4.99%
(fixed)
5.69%
You'll receive a fixed rate from 4.99% p.a.
Purchase a new or used car up to 3 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.
You'll receive a fixed rate from 4.99% p.a.
Purchase a new or used car up to 3 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.
MoneyForJam Car Loan
From
2.85%
(fixed)
4.85%
You'll receive a fixed rate from 2.85% p.a. based on your risk profile
Borrow between $4,500 and $120,000 with loan terms up to 7 years to finance a new or used car. Get access to more than 40 providers.
You'll receive a fixed rate from 2.85% p.a. based on your risk profile
Borrow between $4,500 and $120,000 with loan terms up to 7 years to finance a new or used car. Get access to more than 40 providers.
NAB Personal Loan Unsecured Fixed
From
6.99%
(fixed)
7.91%
You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
Borrow from $5,000 to $55,000, with 1 to 7 year loan terms available. This loan comes with no fees for extra repayments and no early exit fees.
You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
Borrow from $5,000 to $55,000, with 1 to 7 year loan terms available. This loan comes with no fees for extra repayments and no early exit fees.
Symple Loans Personal Loan
From
5.75%
(variable)
6.47%
You'll receive a personalised interest rate from 5.75% p.a. to 25.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.
You'll receive a personalised interest rate from 5.75% p.a. to 25.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.
SocietyOne Car Loan
From
5.95%
(fixed)
5.95%
You'll receive a fixed rate between 5.95% p.a. and 17.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
You'll receive a fixed rate between 5.95% p.a. and 17.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
Great Southern Bank Fixed Rate Car Loan
6.79%
(fixed)
7.16%
You'll receive a fixed rate of 6.79% p.a.
A secured loan with a high maximum borrowing amount up to $100,000. Redraw facility and no monthly fees.
You'll receive a fixed rate of 6.79% p.a.
A secured loan with a high maximum borrowing amount up to $100,000. Redraw facility and no monthly fees.
Driva Car Loan
From
2.85%
(fixed)
4.39%
You'll receive a fixed rate from 2.85% p.a.
Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.
You'll receive a fixed rate from 2.85% p.a.
Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.
Wisr Secured Car Loan
From
4.74%
(fixed)
5.01%
You'll receive a personalised interest rate from 4.74% p.a. to 16.01% p.a. based on your risk profile
A flexible car loan from $5,000 - $63,000 with personalised rates and rewards for strong credit customers.

⭐Special Offer: Wisr's standard establishment fee $605 will be reduced to $195 for applications submitted through Finder. T&Cs apply.
You'll receive a personalised interest rate from 4.74% p.a. to 16.01% p.a. based on your risk profile
A flexible car loan from $5,000 - $63,000 with personalised rates and rewards for strong credit customers.

⭐Special Offer: Wisr's standard establishment fee $605 will be reduced to $195 for applications submitted through Finder. T&Cs apply.
OurMoneyMarket Car Loan
From
5.35%
(fixed)
5.65%
You'll receive a fixed interest rate from 5.35% p.a. to 14.99% p.a. based on your risk profile.
Borrow between $2,001 and $75,000 to finance a new or used car up to 7 years.
You'll receive a fixed interest rate from 5.35% p.a. to 14.99% p.a. based on your risk profile.
Borrow between $2,001 and $75,000 to finance a new or used car up to 7 years.
Latitude Personal Loan (Secured)
From
5.99%
(fixed)
7.26%
You'll receive a fixed rate between 5.99% p.a. and 21.99% p.a. based on your risk profile
Lock in a competitive fixed rate when you offer security. Loan can be used for any purpose and repayments are flexible. You can check your interest rate before applying with no impact to your credit score.
You'll receive a fixed rate between 5.99% p.a. and 21.99% p.a. based on your risk profile
Lock in a competitive fixed rate when you offer security. Loan can be used for any purpose and repayments are flexible. You can check your interest rate before applying with no impact to your credit score.
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Compare up to 4 providers

Compare car insurance side-by-side and get quotes

Name Product Roadside Assistance Accidental Damage Storm Choice of Repairer Agreed or Market Value
Budget Direct Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Awarded the 2021 Finder Award for Car Insurance - Value in QLD, SA, TAS, VIC, WA and Car Insurance - Features in NSW, VIC, WA, this policy offers solid coverage at a low cost. Budget Direct's claims service has received a 4.2/5 based on nearly 5,000 customer reviews.

⭐ Current offer: Get 15% discount on first year's premium when you take out a policy online. T&Cs apply.

Who it might be good for: People who want a comprehensive policy without breaking the bank.
Australia Post Comprehensive
Optional
Agreed or Market
Finder's summary: Australia Post car insurance offers comprehensive cover for things like theft, fire, new for old replacement and emergency accommodation and transport. Cover also extends to anyone who uses your car, not just you.

⭐ Current offer: Get $75 off your first year’s premium when you buy online. T&Cs apply.

Who it might be good for: If multiple people use the one car and you don’t want to worry about listing all drivers.
Coles Comprehensive
Optional
Agreed or Market
Finder's summary: With Coles comprehensive car insurance, you could earn double flybuys points at Coles supermarkets and you can get $10 off your Coles grocery bill every time you redeem 2,000 Flybuys points. If your car is damaged, you could benefit from a one-week turnaround on repairs.

⭐ Current offer: Get 10% off your first year's premium when you take out a policy online. T&Cs apply.

Who it might be good for: Coles customers and Flybuys collectors.
Bingle Comprehensive
Market
Finder's summary:Bingle consistently comes up as one of the cheaper insurers out there. It only covers the basics. You don't get to choose your own repairer, you're not covered for personal items in the car and unless you add it as an option, you won't get a hire car if your car is stolen. But this keeps its premiums low.

Who it might be good for: Someone who wants a low-cost option that covers them for the basics.
Virgin Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Finalists for the 2021 Finder Awards for Best Car Insurance - Value in VIC, QLD, SA, WA and TAS, Virgin Comprehensive provides a good level of cover for a decent price.

⭐ Current offer: Get 15% off on your first year’s premium when you purchase a new eligible comprehensive car insurance online. T&Cs apply.

Who it might be good for: People who'd like to manage their policy online 24/7.
Stella Comprehensive
Optional
Agreed
Finder's summary: Stella offers car insurance that's been designed with women in mind. This means competitive pricing, rewards for being a safer driver and some unique inclusions like cover if your car is damaged as a result of domestic violence. It also offers higher cover for baby gear than most, with up to $2,000 cover for prams, strollers and child seats.

⭐ Current offer: Save 10% when you pay your premium annually. T&Cs apply.

Who it might be good for: Someone who wants a female-centred car insurance policy (it will cover men too).
Qantas Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: You'll be able to choose how comprehensive you want your cover to be with optional extras like choice of repairer and the option of agreed or market value.

⭐ Current offer: Earn Qantas Points for joining and paying your premium. Sign up today and earn up to 20,000 Qantas Points (points awarded will be based on your premium). T&Cs and eligibility apply.

Who it might be good for: People who'd like to earn Qantas Points.
Huddle Black Comprehensive
Agreed or Market
Finder's summary: Huddle's black comprehensive is its cover with highest limits and exclusive benefits. It includes roadside assistance. You can also get up to $2,000 for emergency travel and accommodation and up to $30 million legal liability cover.

Who it might be good for: Someone who wants a 24/7 claims processing.
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Compare up to 4 providers

Frequently asked questions about 4×4 finance options

Is there a difference between a 4x4 and a part-time 4WD?

Yes, there is. A 4x4 has been designed to carry higher loads and travel in adverse and difficult terrain for the lifetime of the vehicle. A part-time 4WD provides the ability to use those advanced features when you need them instead of having access to them over the lifetime of the vehicle.

Do I need insurance?

It’s always worth looking into getting insurance, especially if you’re going to be heading off-road. If you’re unsure about your options, look around here.

Can I get pre-approval? I’ve found a 4x4 but it won’t last long at this price!

Getting pre-approval depends on the loan option you go with as well as which lender you choose. Pre-approval might be something that is offered, but this is not the case with all lenders. Check with the lender you’ve chosen to see if you can benefit from pre-approval.

See all 2021 EOFY deals

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Car Loan Offers

Important Information*
Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 4.88% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.

Logo for Beyond Bank Low Rate Car Loan "Special Offer"
Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 4.69% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.

Logo for NRMA New Car Loan
NRMA New Car Loan

You'll receive a fixed rate of 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.

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