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Free Car Loan

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

If you're looking for a competitive loan option to help you get into that new car sooner, you might want to consider the car loan. The 100% Australian-owned and online lender offers a car loan with a competitive fixed rate and flexible loan terms.

3 things to know about the car loan

  • Limited time offer. Settle the loan before 30 November 2020 and go in the draw to win a $1,000 fuel voucher. Terms & conditions apply.
  • Flexible loan amounts. You can borrow from $5,000 to $100,000.
  • Early repayment option. You can repay your loan early without penalty if you're in the last 12 months of your loan term.


Application Fee

From 4.67% (fixed)

Interest Rate (p.a.)


Comparison Rate (p.a.)


Max Loan Amount

We’re committed to our readers and editorial independence. We don’t compare all products in the market and may receive compensation when we refer you to our partners, but this does not influence our opinions or reviews. Learn more about Finder .


Product - New and Dealer Used Car Loan
Interest Rate (p.a.)From 4.67% (fixed)
Comparison Rate (p.a.)5.22%
Interest Rate TypeFixed
Min Loan Amount$5,000
Max Loan Amount$100,000
Go to's website

Main points to consider with the car loan

The Car Loan is a secured loan, meaning the car you purchase will be used as security for the loan. You'll need to be looking to purchase a car that's worth at least $5,000 although you have the option of adding your on-road costs into the loan amount.

This is a fixed interest rate loan, meaning your repayments will stay the same for the duration of your term, which can be from three-to-five years.

If you’re looking to refinance an existing car, offers a competitive refinancing loan for vehicles valued at $30,000 or more that you might want to consider.

Features of the car loan

  • Limited time offer. Settle the loan before 30 November 2020 and go in the draw to win a $1,000 fuel voucher. Terms & conditions apply.
  • Fixed interest rate. The loan comes with a competitive fixed rate from 4.67% p.a.
  • Loan amount. You can borrow an amount between $5,000 and $100,000. If you’re looking to purchase a car cheaper than the minimum amount offered, you have the option of adding your on-road costs into the loan amount.
  • Loan term. Borrow the money for a period of 3, 4 or 5 years.

Fees and charges

As with all loans, you will be charged certain fees with the Car Loan. Take a look at the breakdown of fees below:

  • Establishment fee. $400
  • Early repayment fee. This will apply if the loan is paid off before the last 12 months of the loan term.

You will not pay an ongoing monthly fee and will not pay the early repayment fee if you pay off the loan within the last 12 months of the agreed term.

How to apply for the Car Loan

You can apply for the Car Loan by clicking "Go to Site". The application process should take approximately 15 minutes to complete. You'll need to be over the age of 18 and a permanent Australian resident to apply.

You’ll need to supply:

  • Proof of identity
  • Proof of income
  • Details of your assets and liabilities
If this sounds like the right loan for you, you can apply using the buttons above. Keep in mind, it's always important to compare your car loan options before deciding on a loan that best suits your purposes.

Car Loan Offers

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

You'll receive a fixed rate of 4.99% 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 4.89% 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.

Ask an expert

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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, you can go to this page. 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 check this page to compare other loans for casual employees. Please note that the eligibility criteria differ among these lenders.

      Please make sure that you’ve read the relevant T&Cs or PDS of the loan products before making a decision 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.



  6. Default Gravatar
    June 16, 2015

    Do you finance used caravans? And what would be the interest rate?

    • Avatarfinder Customer Care
      June 16, 2015

      Hi Veronica,

      Thanks for your question.

      You’ve come through to, we’re a financial comparison service and don’t offer the loans ourselves. do not currently offer loans for caravans, but you can compare your other options on this page.

      I hope this has helped.



  7. Default Gravatar
    March 22, 2015

    As a Casual Employee, do you have any time limits on how long my employment must be in order to get approved. At present it is 4 months.

    • Avatarfinder Customer Care
      March 23, 2015

      Hi Phil,

      Thanks for your question.

      Please note that is an online comparison service and does not represent

      If you would like to discuss your eligibility or options, please get in touch with directly by clicking on ‘Go to site’.


  8. Default Gravatar
    March 18, 2015

    hi I was wondering what the fees are if I take the loan out over 5years then pay it back a lot sooner

    • Avatarfinder Customer Care
      March 18, 2015

      Hi Gav,

      Thanks for your question.

      An exit fee of $100 will apply should you choose to pay it out early.


  9. Default Gravatar
    February 27, 2015

    do you take single parenting pension as an income ?

    • Avatarfinder Customer Care
      February 27, 2015

      Hi Hayden,

      Thanks for your question. accepts Centrelink as a form of income though it will need to be supported with another stream of income from employment.


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