Compare Car Loans Australia

Easily compare car loans side-by-side and see how much you could save.

Alex Jeffs's headshot

By

Alex Jeffs

Updated

Fact checked

What to compare in a car loan

Interest rate

This will determine how much your repayments are, so compare lenders to get the best rate.

Loan term

The length of your loan will also impact your repayments. Longer term loans will have smaller repayments but will take longer to pay off and you'll pay more in interest. Also look out for "balloon payments", with one larger repayment at the end of the term.

Repayment structure

Check how often you need to make repayments, how you make them and if you're able to make extra repayments or repay your loan early without penalty.

Fees

Some loans come with monthly account fees or administration fees, establishment fees or early repayment fees.

What you'll need to apply

Below is a checklist of some of the information and documentation you may need to supply for your car loan application.

Identification

  • Driver's licence
  • Passport
  • Birth certificate
  • Medicare card may be required as additional documentation

Income and employment

  • 3 recent payslips
  • 2 years of tax returns (if self-employed)
  • Your after-tax income
  • Employment information and employer's contact details

Assets and liabilities

  • Details of properties or large assets (such as a car) you own
  • Your ongoing expenses
  • Credit card or store card limits
  • Details of loans or overdrafts

Vehicle details

  • Make, model, year and colour
  • Identification number (VIN) or chassis number
  • Engine number
  • Registration number
  • Purchase price
{"visibility":"visibilityTable","ctaLabel":"Calculate","tableCode":"AUFCL_COMPARISON_V2_TABLE","nicheCode":"AUFCL","fields":[{"name":"LOAN_AMOUNT","value":"20000","options":"","label":"Loan amount","suffix":"$","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""},{"name":"PERIOD","value":"3","options":"","label":"Loan term","suffix":"years","useSuffixAsPrefix":true,"useDropDownOption":false,"tooltip":""}]}
1 - 20 of 26
Updated regularly
Name Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
Driva Car Loan
Driva logo
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
Go to siteMore Info
You'll receive a fixed rate from 6.57% p.a.
Borrow up to $300,000 with loan terms from 1 to 7 years. Get access to a range of lenders.
Stratton Finance New Car Loan
Stratton Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.52%
to 18%
Comp. Rate (p.a.)
6.95%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
$625.27
Go to siteMore Info
 Your own personal car loan broker can help you borrow up to $300,000 for your new car by choosing from a range of finance options.
IMB New Car Loan
IMB logo
Fixed1 - 7 Years $2,000 - $125,000
Interest Rate (p.a.)
6.24%
Comp. Rate (p.a.)
6.59%
Application Fee
$274.78
Monthly Fee
$0
Monthly Repayment
$619.01
More Info
 Borrow up to $125,000, pay no account-keeping fees and repay with fixed repayments while having the ability to repay early.
loans.com.au - New/Demo - Variable Rate
loans.com.au logo
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
5.99%
to 7.14%
Comp. Rate (p.a.)
7.12%
to 8.27%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$628.52
Go to siteMore Info
 Borrow up to $150,000 with rate discounts for electric and hybrid vehicles, flexible terms, early repayment options, and a 3-month pre-approval period.
OurMoneyMarket New Car Loan ($5,000-$100,000)
OurMoneyMarket logo
Fixed1 - 7 Years $5,000 - $100,000
Interest Rate (p.a.)
6.57%
to 18.99%
Comp. Rate (p.a.)
7.19%
to 21.78%
Application Fee
1.5% - 6%
Monthly Fee
$0
Monthly Repayment
$622.82
Go to siteMore Info
RACV New Car Loans
RACV logo
Fixed1 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
6.99%
to 17.99%
Comp. Rate (p.a.)
7.69%
to 18.77%
Application Fee
$499
Monthly Fee
$0
Monthly Repayment
$632.86
Go to siteMore Info
You'll receive a fixed rate from 6.99% 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.
loans.com.au - Variable Rate Used Car < 5 years
loans.com.au logo
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.14%
to 7.14%
Comp. Rate (p.a.)
8.27%
to 8.41%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$639.2
Go to siteMore Info
 Buy a used car up to 12 years old with a loan of up to $150,000 and pay off up to one year early without paying early repayment fees.
Stratton Finance Used Car Loan
Stratton Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.52%
to 18%
Comp. Rate (p.a.)
6.95%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
$625.27
Go to siteMore Info
You'll receive a fixed rate loan from 6.52% p.a. with a comparison rate of 6.95% p.a.
A used car loan of up to $300,000 with quick approval times and balloon payment options.
Simplify New Car Loan
Simplify Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.19%
to 18%
Comp. Rate (p.a.)
6.6%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
$622.21
More Info
Simplify Used Car Loan
Simplify Finance logo
Fixed1 - 7 Years $10,000 - $300,000
Interest Rate (p.a.)
6.19%
to 18%
Comp. Rate (p.a.)
6.6%
to 23%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
$622.21
More Info
OurMoneyMarket Used Car Loan ($5,000-$100,000)
OurMoneyMarket logo
Fixed1 - 7 Years $5,000 - $100,000
Interest Rate (p.a.)
6.57%
to 18.99%
Comp. Rate (p.a.)
7.19%
to 21.78%
Application Fee
1.5% - 6%
Monthly Fee
$0
Monthly Repayment
$622.82
Go to siteMore Info
loans.com.au - Fixed Rate Used Car < 3 years
loans.com.au logo
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.59%
to 8.79%
Comp. Rate (p.a.)
8.72%
to 10.04%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$643.41
More Info
Credit Concierge New Car Loan
Credit Concierge logo
Fixed1 - 7 Years $10,000 - $100,000
Interest Rate (p.a.)
6.39%
to 16.45%
Comp. Rate (p.a.)
7.51%
to 17.91%
Application Fee
$553
Monthly Fee
$10
Monthly Repayment
$638.9
More Info
Credit Concierge Used Car Loan
Credit Concierge logo
Fixed1 - 7 Years $10,000 - $1,000,000
Interest Rate (p.a.)
6.8%
to 17.45%
Comp. Rate (p.a.)
7.56%
to 18.91%
Application Fee
$553
Monthly Fee
$10
Monthly Repayment
$642.74
More Info
RACV Used Car Loans
RACV logo
Fixed1 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
8.19%
to 17.99%
Comp. Rate (p.a.)
8.9%
to 18.77%
Application Fee
$499
Monthly Fee
$0
Monthly Repayment
$644.16
Go to siteMore Info
You'll receive a fixed rate from 8.19% p.a.
Benefit from no ongoing fees, 5-hour approval and a 21-day satisfaction guarantee. Interest rate discounts for members.
Verified Lending Used Car Loan
Verified Lending logo
Fixed1 - 7 Years $10,000 - $200,000
Interest Rate (p.a.)
7.1%
to 18.99%
Comp. Rate (p.a.)
8.06%
to 22.99%
Application Fee
$395
Monthly Fee
$0
Monthly Repayment
$630.67
More Info
loans.com.au - New/Demo - Fixed Rate
loans.com.au logo
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
6.89%
to 8.09%
Comp. Rate (p.a.)
8.02%
to 9.2%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$636.87
Go to siteMore Info
You'll receive a fixed rate of 6.89% 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.

loans.com.au - Variable Rate Used Car < 3 years
loans.com.au logo
Variable3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.14%
to 7.14%
Comp. Rate (p.a.)
8.27%
to 8.41%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$639.2
Go to siteMore Info
loans.com.au - Fixed Rate Used Car < 5 years
loans.com.au logo
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
7.69%
to 8.89%
Comp. Rate (p.a.)
8.82%
to 10.14%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$644.35
More Info
loans.com.au - Fixed Rate Used Car Loan (6 to 7 years)
loans.com.au logo
Fixed3 - 7 Years $5,000 - $150,000
Interest Rate (p.a.)
8.99%
to 10.19%
Comp. Rate (p.a.)
10.12%
to 11.44%
Application Fee
$400
Monthly Fee
$8
Monthly Repayment
$656.62
Go to siteMore Info
loading
Showing 20 of 26 results

Why compare car loans with Finder?

No fee icon

It's 100% free

You won't be charged for clicking through to one of our car finance partners. We get paid out of their pocket – not yours.

Papers with magnifying glass icon

We're here to help

We've helped thousands of Australians find a car loan by keeping things simple and free of complicated jargon.

Clock

It's quick and easy to use

Our side-by-side car loan comparison makes it easy to find a car loan that is a good fit.

Alex Jeffs's headshot
Written by

Publisher

Alex Jeffs is the senior publisher for automotive content at Finder. He has tested vehicles everywhere from Tasmania to Oodnadatta. See full bio

Alex's expertise
Alex has written 52 Finder guides across topics including:
  • Automotive industry
  • Car finance
  • Car insurance
  • Personal finance

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More guides on Finder

  • Driva Car Loan

    Whether you’re looking for a car loan, personal loan or novated lease solution, Driva can partner you with the right lender. All it takes is a quick online quiz.

  • RACV Green Car Loan

    Check out Finder's review of the RACV Green Car Loan. Compare rates, fees and more.
  • Wisr Car Loan

    Wisr's car loans have personalised rates, with competitive rates offered to customers with strong credit ratings.
  • RACV Caravan Loan

    If you're thinking of purchasing a caravan, the RACV offers competitive caravan loans with flexible repayment options that could suit your circumstances.
  • Buying a car interstate

    Thinking of buying a car interstate? Find out what you need to do and how to avoid all the potential traps.
  • Car loans for classic cars

    Want to buy a classic car but don't have the ready money? There are still financing options available for classic vehicles. Find out what loans you have to choose one and which one will work best for you.

  • Rent an Uber car in the Gold Coast

    There's a way you can drive with Uber without using your own car – find out how.

  • Rent a car for Uber in Canberra

    Find out how you could rent a car to drive with Uber in Canberra
  • Tesla Superchargers Map: Where you can charge in Australia

    Find out the extent of Australia's Tesla Supercharger network with our complete map of every charging station.
  • RACV Car Loans

    Find out the range of RACV Car loans available for you to compare. You can finance a new car and lock in a competitive rate for your loan – find out about all the fees and features that come with this loan to apply today.
Go to site
Compare your car loan options in seconds