ANZ Unsecured Car Loan

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Buy the car you want and customise your loan so it suits you - not your bank.

Imagine a car loan where you can make use of interest rates and loan features which help you pay your loan off more efficiently. The ANZ Unsecured Car Loan allows you to choose between a fixed or variable rate, so you can fit your car loan into your type of lifestyle.


Application Fee

From 15.99% (variable)

Interest Rate (p.a.)


Comparison Rate (p.a.)


Max Loan Amount

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Product NameANZ Unsecured Car Loan
Interest Rate (p.a.)From 15.99% (variable)
Comparison Rate (p.a.)16.84%
Interest Rate TypeVariable
Min Loan Amount$5,000
Max Loan Amount$50,000

Features of the ANZ Unsecured Car Loan

The ANZ Unsecured Car Loan comes with the following features;

  • Interest rate choice. As mentioned above, you can choose from either a variable rate or fixed rate for your loan. A variable rate can fluctuate over time, meaning that you could pay more or less interest over the life of your loan. Variable rate loans are often more flexible when it comes to being able to make extra repayments on your loan. Fixed rates don't fluctuate over the course of the loan which means your repayments will stay the same, but generally come with less flexibility.
  • Loan term. You can take out this loan for any time period from 1 to 7 years.
  • Repayments. If you opt for the variable interest rate you can make extra repayments whenever you like. Making additional repayments is a great way to pay off your loan quicker and save interest in the process. Taking a fixed rate means you'll need to pay a fee every time you make extra repayments.
  • Redraw facility. If you take out a variable rate loan and you make additional repayments on it, the redraw facility can see you get access to these extra funds if you need them. This feature is useful if you have a sudden, unexpected expense you need to pay for.
  • Maximum amount. The minimum amount you can borrow with this loan is $5,000. Since this loan type is unsecured you don't need to use your car as security. This loan can also be used to finance older cars.
  • Insurance. If you take out ANZ Loan Protection, which protects you in the event that you can't work and can't make your repayments, you could qualify for a discount of 0.25% p.a. on your interest rate.
  • Fees and charges

    The ANZ Unsecured Car Loan comes with the following fees.

    • Loan approval fee. This is a fee of $150 which covers the cost of establishing your loan and any of the costs which arise out of this.
    • Loan administration charge. This is a quarterly fee charged to maintain your loan account and is $30 a quarter, which works out to be $120 per year.

    What you need to apply

    To apply for the ANZ Unsecured Car Loan you'll need to provide the following documentation;

    • Proof of income, including recent pay slips, bank statements or evidence of other income such as rent or other investments. This doesn't need to be provided if your wages are credited to an ANZ account already.
    • Financial statements or Business Activity Statements (BAS) statements for the past year if you're self-employed.

    Eligibility requirements for the ANZ Unsecured Car Loan

    If you want to apply for this loan you'll need to be at least 18 years old, currently residing in Australia (if you're not a permanent resident you can still apply but may need to meet other conditions), receiving a regular income and have a good credit rating. As mentioned above you'll need to borrow over the $5,000 minimum.

Car Loan Offers

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

You'll receive a fixed rate of 4.99% 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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