Westpac Car Loans

Finance your next new or used car purchase with a loan from Australia's first bank.

4 (34 reviews) Write a review
Matt Corke's headshot

By

Matt Corke

Updated

Fact checked
Westpac

Key takeaways

  • The Electric Car Loan has the lowest interest rate at 5.99% p.a. for eligible vehicles.
  • Westpac’s secured car loan rates start from 6.49% p.a. with a $250 application fee.
  • Unsecured personal loans from Westpac feature no application fee but carry higher interest rates.

Westpac was started in 1817 and it was the first bank to be established in Australia. Its first office was set up in Sydney, but it has now expanded both within Australia and beyond. The group offers products with the aim of assisting customers to save and invest.

Westpac also extends financing to individuals, institutions, multinational corporations and even government agencies. Car loans fall under their personal loans division, and these can help you get the amounts you need to purchase your next new or used car.

3 of 3 results
Checked 6 September 2026
Finder Score Interest Rate (p.a.) Comp. Rate (p.a.) Application Fee Monthly Fee Monthly Repayment
Westpac logo
7.7 Great
Westpac Car Loan
Most LovedFixed1 - 7 Years $10,000 - $130,000
7.7 Great
Interest Rate (p.a.)
6.49%
to 12.99%
Comp. Rate (p.a.)
7.9%
to 14.34%
Application Fee
$250
Monthly Fee
$15
$0 establishment fee: Save $250 when you borrow $10k to $130k with a new secured car loan from Westpac. Apply by 2 July 2026 and be approved and accept the contract by 16 July 2026. T&Cs apply.
View details
Compare product selection
Westpac logo
7.2 Great
Westpac Unsecured Personal Loan
Fixed1 - 7 Years $4,000 - $70,000
7.2 Great
Interest Rate (p.a.)
7.29%
to 22.19%
Comp. Rate (p.a.)
8.69%
to 23.48%
Application Fee
$250
Monthly Fee
$15
View details
Compare product selection
Westpac logo
8.5 Great
Westpac Electric Car Loan
Fixed1 - 7 Years $10,000 - $130,000
8.5 Great
Interest Rate (p.a.)
5.74%
to 8.49%
Comp. Rate (p.a.)
7.16%
to 9.88%
Application Fee
$250
Monthly Fee
$12
View details
Compare product selection
loading
Showing 3 of 3 results

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

Want a better deal on your car loan?

Compare now and find a better rate.

Latest deals

How to apply for a Westpac car loan

When applying online for a car loan, you'll need to supply some key details:

  • Details of the car you're borrowing for, include make, model, year and purchase price
  • How much you're looking to borrow
  • Your name, address and contact information
  • Details of your employment and income

Compare other products from Westpac

Sources

Matt Corke's headshot
Written by

Head of Publishing Ventures

Matt Corke is Finder’s head of publishing ventures. Prior to this he was head of publishing for Australia, New Zealand and emerging markets. Matt built his first website in 1999 and has been building computers since he was in his early teens. In that time, he has survived the dot-com crash and countless Google algorithm updates. See full bio

More resources on Finder

Get rewarded $$ for switching with Finder Rewards

Find a better deal, save on your bills and get a free gift card. Sign up to be the first to hear about new Finder Rewards.

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

  • Simplify New Car Loan

    A car loan with a competitive minimum interest rate in the top 20% of our database.
  • Stratton Finance Used Car Loan

    This used car loan offers a competitive minimum interest rate in the top 10% of our database.
  • OurMoneyMarket New Car Loan

    This highly-rated car loan offers a competitive minimum interest rate that's in the top 10% of the market.
  • Car loans for temporary residents

    When you're a temporary resident in Australia, you want to see everything. This can be difficult without a car, but luckily there are some lenders that will consider car loans for people on a work or study visa. Find out how to apply here.
  • Compare 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.

  • 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.
  • loans.com.au Car Loans

  • IMB New Car Loan

    A competitive car loan option with an interest rate in the top 20% of the market and no monthly fees.
  • Car loan repayment calculator

    Our car loan repayment calculator will help you work out how much your monthly, weekly or fortnightly car loan repayments will be to help you budget.
  • 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