Car Loan

Borrow up to $100,000 for a new car or dealer used car.

  • Special Offer: Settle the loan before 30 June 2022 and enter the draw to win a $1,000 fuel gift voucher. Terms and conditions apply.

This car loan from comes with the option of fixed or variable rates. You can use the funds to purchase a new or used vehicle. You can borrow up to $100,000, with terms up to 5 years. Your interest rate will vary based on the age of the car and type of interest. In general, variable rates are lower than fixed rates, but come with the uncertainty of fluctuating interest. While the loan doesn’t charge monthly or annual service fees, you’ll have to pay an application fee and interest charges.

3 things to know about the car loan

  • Choice between fixed or variable interest rates
  • Flexible loan amounts, from $5,000 up to $100,000
  • No monthly or annual service fees
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Application Fee

From 2.99% (variable)

Interest Rate (p.a.)


Comparison Rate (p.a.)


Max Loan Amount

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Product - New - Prime Special (Variable)
Interest Rate (p.a.)From 2.99% (variable)
Comparison Rate (p.a.)3.53%
Interest Rate TypeVariable
Min Loan Amount$5,000
Max Loan Amount$100,000
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How does the Car Loan work? offers new and used car loans with both variable and fixed rate options. The interest rate for new car loans is lower compared to rates for used car loans. In general, you can expect lower rates with the variable rate loan compared to the fixed rate loan. With variable rates, however, your interest rate may fluctuate based on the market rate. With fixed rates, your rate will remain the same for the duration of the loan.

What features does the Car Loan offer?

  • Special offer. Settle the loan before 30 June 2022 and enter the draw to win a $1,000 fuel gift voucher. Terms and conditions apply.
  • Fixed and variable rate options. You can choose either the fixed or variable rate, based on what suits your needs. The fixed rates give certainty of knowing what your repayments will be but are higher than the variable rate.
  • New or used cars. You can either buy a new car, or opt for a used car. Used car rates are generally higher, and will depend on the age of the car.
  • High borrowing amounts. You can borrow from $5,000 up to $100,000.
  • Quick approval. Your car loan can be approved within 24 hours.
  • Balloon repayment option for fixed rate loans. You can lower your monthly repayments by making a balloon payment at the end of the loan term. This option is only available for fixed rate loans.
  • Flexible contract terms. Your loan term can range up to 3, 4 or 5 years.
  • No service fees. You won’t be charged monthly, annual or ongoing fees for this loan.

How much does the Car Loan cost?

The costs associated with this loan include:

  • Loan principal
  • Fixed or variable interest rate depending on the age and type of interest.
  • Application fee of $400.

No monthly or annual service fees are charged for this loan.

Am I eligible for this loan?

To be eligible for this loan, you need to:

  • Be 18 years or older
  • Have stable and ongoing employment
  • Be able to make the repayments

How do I apply for this loan?

You can apply for this loan online, through the website. You can expect a response within 24 hours of applying. You’ll need to provide your most recent pay slip, the proposed vehicle’s details, a list of your assets and liabilities, as well as your expected settlement date. Keep your documents at hand to speed up the process.

Car Loan Offers

Important Information*
Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 4.88% 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 Beyond Bank Low Rate Car Loan "Special Offer"
Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 4.69% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 4.99% 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.

Logo for NRMA New Car Loan
NRMA New Car Loan

You'll receive a fixed rate of 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.

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  1. Default Gravatar
    November 28, 2018

    Hi there, is it possible to get a loan for a second hand car or are these just for new cars?

    • Avatarfinder Customer Care
      November 29, 2018

      Hi Fiona,

      Thanks for reaching out to Finder.

      If you are referring to car loans, they can also assist with second-hand car loans. You can click on the “Go to site” button so you will be redirected to their website and start your car loan application or speak with their representative.

      If you are still looking to compare loan options for used cars, using our comparison table. Once you have chosen a particular lender, you may then click on the “Go to site” button and you will be redirected to the lender’s website where you can proceed with your loan application or get in touch with their representatives for further assistance. Before applying, please review the car loan terms to see if it suits your needs.

      I hope this helps.


  2. Default Gravatar
    October 30, 2018

    I don’t have a mortgage, I rent, does this mean I pay I higher interest rate?

    • Avatarfinder Customer Care
      October 30, 2018

      Hi Lisa,

      Thank you for leaving a question.

      Not having a mortgage or your living conditions mean that you would pay for a higher interest rate. Since the 5.44% interest rate is fixed, what we need to look at is the comparison rate which is based as an example a $30,000 loan over 5 years. This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. These rates are for secured loans only. Hope this helps!


  3. Default Gravatar
    July 13, 2017

    Do you finance used car 3 – 5 years old for amount between 15.000 to 17.000 $ for self-employed ?

    • Default Gravatar
      July 14, 2017

      Hi Majid,

      Thanks for your question. Just to confirm though, you have reached finder, a comparison website and general information service, not actually

      Yes, you might be qualified for a car loan provided you meet their eligibility and documentation requirements. Moreover, they can accommodate a loan of $5000 to $100,000 for either new car or used car under 4 years old. If you have decided to apply for this loan, please click the “Go to Site” button above.


  4. Default Gravatar
    February 23, 2017

    Wondering if I am in casual employment with permanent shifts what is the minimum length of employment I need before I can apply?

    • Avatarfinder Customer Care
      February 23, 2017

      Hi Donna,

      Thanks for your question. accepts casual employees but your eligibility will depend on your individual circumstances and loan purpose. You can directly get in touch with them to confirm your eligibility.

      You may also want to compare other loans for casual employees. Please note that the eligibility criteria differ among these lenders.

      On that page, there are lenders listed on our comparison table. Compare them based on various details. Once you’re done, select the “Go to site” button to be redirected safely to your chosen lender’s website.

      Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision on whether the product is right for you.


  5. Default Gravatar
    March 15, 2016

    Can we get a copy of TCs ?

    • Avatarfinder Customer Care
      March 15, 2016

      Hi Alex,

      As a financial comparison service independent of we don’t keep these on hand – you’ll need to contact directly to ask for a copy of these. You can contact them via its website.



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