Kia Loans Australia

Kia's 2025 lineup in Australia includes a diverse range of vehicles - from compact hatchbacks to electric SUVs and now, even dual-cab utes. Prices start at approximately $21,340 drive-away for the Picanto Sport and go up to around $139,553 for the EV9 GT-Line Electric SUV.

Kia finance options: What's available to buy a Kia?

If you want to buy a new or used Kia, these are your Kia finance options.

Secured car loan

A secured car loan uses your Kia vehicle as collateral, often resulting in lower interest rates. Loan amounts typically range from $3,000 to $100,000, accommodating most new Kia models. However, if you default on repayments, the lender may repossess the vehicle.

Unsecured personal loan

Unsecured loans don't require collateral, offering flexibility in fund usage. Interest rates are generally higher, ranging from 8% p.a. to 18% p.a. These loans are suitable for purchasing older Kia models or when additional funds are needed for other expenses.

Kia Finance

Kia Australia has introduced Kia Finance in partnership with Hyundai Capital Australia. This in-house financing offers:

• Tailored loan products with competitive interest rates
• Convenient in-dealership application processes
• Options to include vehicle accessories, servicing and on-road costs in the loan
• Access to the Kia Renew Guaranteed Future Value (GFV) program

Novated lease

A novated lease involves an agreement between you, your employer and a finance company, allowing you to pay for your Kia using pre-tax salary deductions. This can lead to tax savings and includes vehicle operating and maintenance costs.

Chattel mortgage

Designed for business use, a chattel mortgage allows a business to purchase a Kia vehicle, using it as security for the loan. The business takes ownership of the vehicle upfront, with potential tax benefits such as GST claims and interest deductions.

What should you look for in a Kia loan?

Before you hit the road in your new Kia, it's worth comparing your finance options carefully. Here's what to consider:

• Is the interest rate competitive? Are there any fees? Always compare comparison rates, not just headline rates, as they include fees. A lower comparison rate could save you thousands over the life of the loan. Watch for application, monthly and early repayment fees too.
• What's your realistic budget? Kia's 2025 range starts at around $21,340 drive-away for the Picanto Sport and climbs to $139,533 for the EV9 GT-Line. Use a car loan repayment calculator to estimate repayments that fit your income and lifestyle.

Kia finance option costs to consider

• Finance charges and fees. These may include upfront application fees, monthly account fees and early exit penalties. Comparing loans using the comparison rate helps reveal the true cost.
• Ongoing running costs. Factor in fuel, servicing, tyres and maintenance. Kia's 7-year/unlimited-kilometre warranty can help offset repair costs and capped-price servicing applies to many models.
• Insurance and rego. Comprehensive insurance is required for financed vehicles and registration fees vary by state and vehicle type. Be sure to budget for both each year.

Choosing the right Kia for your needs

Not sure which Kia is right for you? Here are a couple of tips to help narrow it down:

• Which Kia model suits your lifestyle? Whether you're after a city runabout like the Picanto, a hybrid SUV like the Sportage HEV, or a fully electric EV9, think about how you'll use the car daily and what space or performance you actually need.
• Which features matter most to you? From Apple CarPlay and AEB to heated seats and sunroofs, make a list of must-have features and check which trims actually include them before you buy.

What you will need to apply for a Kia finance option

You will need the following to apply for a car loan:

• Financial statements. Acceptable documents typically include 3 months' worth of payslips, your last tax return statement or an accurate assessment of your current assets and liabilities situation.
• Identification. This could be your driver's licence, your Medicare card, your birth certificate or your passport.
• A stable income. Most lenders won't let you borrow money from them without evidence that you have a reliable income.
• Assets and debts. You will need documents to show your current assets as well as your current debts.

Can I finance a Kia electric or hybrid car?

Absolutely. Kia's hybrid and electric range, including the Niro HEV, EV6, and large three-row EV9, can be financed through most standard car loans, dealership finance or green loan products.

If you're considering a Kia EV, you may also be eligible for electric vehicle incentives in your state, which could include rebates, stamp duty exemptions or discounted rego.

Some lenders offer special low-rate green car loans if you're buying a hybrid or EV, so be sure to compare your options before you lock in your finance deal.

Are there novated lease options for Kia vehicles?

Yes, many Kia vehicles can be financed through a novated lease arrangement — including popular models like the Sportage, Seltos and EV6. A novated lease allows you to use your pre-tax income to cover the cost of the car, which can lower your taxable income and potentially save you thousands over the life of the lease.

This option is especially appealing for people using a Kia as a daily commuter, company car or even a family SUV. You'll just need your employer to agree to set up the lease with a provider, and payments will be automatically deducted from your salary.

For more details and to see if a novated lease suits your situation, visit our guide on novated leases.

Written by

Elizabeth Barry

Journalist

Elizabeth Barry is an experienced journalist with over 10 years of expertise in personal finance, contributing to outlets like the ABC, Sydney Morning Herald, and 7News. She holds a Master of Arts in Creative Writing and a Bachelor of Arts in Communication from the University of Technology Sydney, and has earned multiple award nominations, including a Highly Commended recognition at the 2017 Lizzies. Elizabeth began her career at Finder in 2013, progressing through roles to become Lead Editor, where she oversaw a wide range of personal finance coverage until 2024. See full bio

Elizabeth's expertise

Elizabeth has written 200 Finder guides across topics including:

• Banking
• Personal finance
• Investing