Driva Car Loan

If you’re in the market for a car loan, Driva can match you with a great deal in minutes.

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Driva

Key takeaways

  • Driva is a broker that compares car loans from a panel of lenders without affecting your credit score.
  • Your rate depends on the lender and your credit profile.
  • Loan amounts, terms and fees vary by lender, so compare the total cost before you apply.

How does Driva work?

Driva is an online platform that matches borrowers with loan providers. Borrowers fill in a simple online quiz to receive personalised rates through Driva's partnered lenders within 60 seconds.

What does Driva offer?

  • Car loans: Driva has partnered with loan providers for both new and used vehicles across dealership or private sale. You could be buying a car, caravan, motorcycle or business car, Driva will have the right loan for you.
  • Personal loans: Driva will check your profile to find you the right loan, whether you want to consolidate debt, pay for your holiday, renovate your home or use the funds for something else!
  • Novated leasing: Whether you're an employee or employer, Driva offers customised lease solutions on all vehicles, including electric vehicles.

Driva Car loan

$
years
Finder Score Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
Driva logo
Driva Car Loan
Fixed or Variable1 - 7 Years $2,001 - $300,000
Interest Rate (p.a.)
6.57%
to 36%
Comp. Rate (p.a.)
6.78%
to 36%
Application Fee
$0 - $500
Monthly Fee
$0
Monthly Repayment
$613.62
View details
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Finder Score for car loans

To make comparing car loans even easier we came up with the Finder Score. Interest rates, fees and features across 200+ car loan products and 100+ lenders are all weighted and scaled to produce a score out of 10. The higher the score, the more competitive the product.

Read the full methodology

How to apply for a car loan with Driva

  1. Complete the quiz on the Driva website. Input information such as what you want the loan for, the loan amount and term, and your personal information.
  2. Receive personalised rates. Instead of simply showing you the advertised rate, Driva will make sure you see the rate that's personalised to you as well as all the fees that come with it.
  3. Choose your preferred lender. Select the lender you like the look of the most and Driva will check that you're definitely eligible before it shares your profile with them.
  4. Get approval. Driva will share your profile with the lender you've chosen and are eligible for, and approval for the loan should take up to 2 days (but can take as little as 2 hours!)
  5. Get the funds! For secured vehicle loans you'll need to provide the vehicle information and proof of insurance before the funds are released.
Rebecca Pike's headshot

Rebecca Pike is Finder’s money editor, with over 7 years of experience in mortgages and personal finance. A frequent TV and radio commentator, she frequently appears on Sunrise and 7News, Today and 9News, as well as Sky News, Channel 10 and across radio and print. Rebecca previously served as Editor of Mortgage Professional Australia. She has a Master’s degree in Journalism as well as ASIC-recognised certifications in Tier 1 Generic Knowledge and Tier 2 General Advice Deposit Products, which comply with ASIC guidelines. See full bio

Rebecca's expertise
Rebecca has written 253 Finder guides across topics including:
  • Home loans
  • Personal Loans
  • Car Loans
  • Cost of living
  • Budgeting

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