Latitude Financial Services Car Loan

Get competitive fixed rates and a flexible term to finance a range of vehicles with a Latitude Car Loan.

If you’re looking for a vehicle loan, Latitude gives you a breadth of options. You can finance new and used cars, boats, trucks, bikes and more with a repayment plan tailored for you. Because you can customise your own loan, you can get the benefits you want with a Latitude Car Loan.

Product NameLatitude Car Loan
Interest Rate (p.a.)From 6.99% (fixed)
Comparison Rate (p.a.)8.1%
Interest Rate TypeFixed
Min Loan Amount$5,000
Loan SecuritySecured


  • Additional repayments without penalty
  • Finance a new or used vehicle
  • Flexible repayments


  • Monthly fee of $10
  • $295 application fee

Main points to consider with the Latitude Car Loan

Everyone has different financial needs, so Latitude gives you options. The loan comes with a fixed rate of between 6.99% p.a. and 14.99% p.a. As mentioned, you can finance a range of vehicles and enjoy quick approval, with the funds being transferred to your account within one or two days of approval.

Features of a Latitude Car Loan

  • Fixed from 6.99% p.a. to 14.99% p.a. interest rates. Enjoy competitive fixed interest rates for a range of vehicles.
  • Risk-based pricing. Latitude relies on risk-based pricing to give you an interest rate, so the rate applied to your application will depend on the information supplied in your application.
  • New or used. The loan is available for both new and used vehicles.
  • Any vehicle type. This type of loan is available for all motorised vehicles including cars, motorbikes, boats and caravans.
  • Classic car options. You can get standard financing for cars no more than 20 years old, or other vehicles no more than 12 years old. There may be options available for cars older than this.
  • Free additional repayments. Pay back more at no extra cost and with no extra repayment fees.
  • No early repayment fees in the second half of the loan term. If you repay the loan early in the second half of your loan term, you won't be charged any early repayment fees. The charge for repaying your loan early in the first half of your loan is $750.
  • Flexible repayments. Choose a weekly, fortnightly or monthly repayment schedule to suit your needs.
  • $5,000 minimum loan amount. Borrow a minimum of $5,000 for any vehicle or $3,000 for motorbikes. There is no maximum borrowing limit.
  • Specialist consultation: Latitude's specialist consultants can work with you during the process. They can help choose a loan that works for you and advise you on how to tailor it for your lifestyle and budget.

How much does the loan cost?

The following fees apply:

  • $295 establishment fee when signing up
  • $10 monthly account-keeping fee
  • $40 late payment fee
  • Early repayment fees apply when you pay off the loan and close your account before the agreed-upon time. This fee depends on your total loan value, and how early it is repaid.

How to apply for a Latitude Car Loan

Applying is an easy process, which you can start by clicking the "Go to Site" link on this page. To be eligible you must:

  • Be 18 or older
  • Be a permanent resident of Australia
  • Have had a good credit history for the last five years
  • Have had no bankruptcies within the last seven years

When applying you will need to provide:

  • Proof of identity. You must prove your age, residency and identity. This can be done with your passport, driver's license, proof of age card with address, pensioner or Centrelink card, recent utility bills or rates notices or other identifying documentation.
  • Proof of income. You must provide two of your most recent payslips or your most recent tax return or financial statement if you're self-employed.

Latitude's Car Loan offers all-in-one vehicle financing that puts you and your vehicle first. However, keep in mind that it's best to compare all your options before you apply.

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Car Loan Offers

Important Information*
Logo for Latitude New and Used Car Loan
Latitude New and Used Car Loan

You'll receive a fixed rate between 6.99% p.a. and 14.99% p.a. based on your risk profile
Apply for a loan from $5,000 to finance a new or used car. Flexible repayments and options to finance a classic car.

Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 5.89% 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 - New Car Loan - New Car Loan

You'll receive a fixed rate of 5.44% p.a.
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment.

Logo for Stratton Finance New Car Loan
Stratton Finance New Car Loan

You'll receive a fixed or variable rate depending on the lender you are approved with
Apply for up to $150,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.

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