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Matchacar car financing

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Looking for a competitive rate on your next car? Find out if Matchacar can help you get finance.

If you're looking for a new or used car, Matchacar can match you with financing and help you get the car you want. There are competitive rates and flexible terms on offer, all you need to do is submit a few simple details to get started. Read the review below to find out if this is the right loan option for you.

$350

Application Fee

From 5.35% (fixed)

Interest Rate (p.a.)

6.04%

Comparison Rate (p.a.)

Details

Product NameMatchacar Financing
Interest Rate (p.a.)From 5.35% (fixed)
Comparison Rate (p.a.)6.04%
Interest Rate TypeFixed

Things to consider about Matchacar Financing.

Financing is available if you're looking to purchase a new or used car in a private sale, or refinancing your existing loan. Interest rates are fixed and start at a competitive 5.35% p.a. The actual rate you're offered will depend on the lender you're approved by and the information you provide in your application. Repayment terms differ between lenders. Generally terms are between one and five years, with some lenders offering terms of up to 7 years. Matchacar is not a financier, it's a service that matches you with a lender that suits your needs and financial situation.

What features are offered with Matchacar car financing?

There's a few noteworthy features and benefits on offer from Matchacar, including:

  • Cars you can finance. You have the option of financing a new or used car.
  • Access to a range of lenders. Matchacar can save you time by quickly matching you to a suitable financing option for your car. No need to search through multiple lenders.
  • Loan terms. This differs depending on the lender you're matched with, but generally you'll have terms of between one and five years, although this may extend up to 7 years.
  • Buying and selling service. You can also take advantage of Matchacar's car buying and selling service. It profiles potential sellers and matches them with car buyers through its online portal.
  • Flexible eligibility. As Matchacar will search through your lending options to find you a suitable lender it has flexible eligibility criteria. Read the "How you can apply" section to find out more about this.
  • Repayment frequency. You have the option of making repayments fortnightly or monthly, with some lenders also offering weekly repayments.

How you can apply

If you're ready to apply, you can click "Go to Site" to get a quote from Matchacar. Before doing so, make sure you meet the eligibility criteria:

  • You must be over the age of 18
  • Available to Australian citizens, permanent residents and visa holders can apply. If you hold a visa, the time left on your visa needs to be longer than the terms of your loan
  • Your income needs to be sufficient to manage the loan repayments
  • Perfect credit history is not needed, but less-than-perfect credit will mean higher interest rates

If you meet this criteria you can apply. The initial quote simply requires your name, phone number, email and the amount you want to finance. Following this, if you are happy with the quote, you can continue with the loan process. You will need to supply additional identification, income, employment and financial information to complete the lender's processes.

Matchacar offers a competitive financing option that can help you get into your next car, but as there are other options available, it's always important to compare all car finance options that are available to you before deciding which avenue to take.

Car Loan Offers

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

You'll receive a fixed rate of 5.45% 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 CUA Secured Fixed Car Loan
CUA Secured Fixed Car Loan

You'll receive a fixed rate of 6.79% p.a.
A secured loan with a high maximum borrowing amount up to $100,000. Redraw facility and no monthly fees.

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10 Comments

  1. Default Gravatar
    Fred
    June 26, 2017

    I wish to purchase a new off-road trailer $46000. Do you finance off road trailers and if so what terms. I currently have no borrowings and good income.

    • Default Gravatar
      Liezl
      June 26, 2017

      Hi Fred,

      Thanks for reaching out. Just to confirm, you have reached finder.com.au, not actually Matchacar Financing.

      You may take a quote from them by simply providing your name, phone number, email and the amount you want to finance. You have to click the green “Enquire Now” button to get redirected to their page. But before you do this, please makes sure you meet all the eligibility requirements listed above.

      Just to provide you car financing options, you may check this page and compare lenders.

      Cheers,
      Liezl

  2. Default Gravatar
    Gaurav
    June 6, 2016

    HI
    please advise more details. please contact me on XXXXXXXXXX.

    Thank you

    • Avatarfinder Customer Care
      Elizabeth
      June 7, 2016

      Hi Gaurav,

      If you’d like someone from Matchacar to contact you you’ll need to click “Go to Site” and fill out an initial quote form.

      Hope this helps,

      Elizabeth

  3. Default Gravatar
    Brendan
    May 30, 2016

    Do you offer pre-approved car loan and would lender accept appointment letter as proof of employment?

    • Avatarfinder Customer Care
      Elizabeth
      May 30, 2016

      Hi Brendan,

      As Matchacar acts as a broker and matches you with a lender it will depend on the lender you’re approved what details they will need. It would be best to discuss this with Matchacar when you discuss the initial quote with them. In terms of pre-approval, the initial quote form acts as a pre-approval form and Matchacar can then discuss your options with you from there.

      I hope this has helped,

      Elizabeth

  4. Default Gravatar
    Mitchell
    May 5, 2016

    Do cars have to purchased via your website or can cars be purchased through dealer or private sale?

    • Avatarfinder Customer Care
      Elizabeth
      May 6, 2016

      Hi Mitchell,

      You are able to purchase a car on your own. The buying service is an optional extra you can access through Matchacar.

      Hope this helps,

      Elizabeth

  5. Default Gravatar
    Phil
    April 19, 2016

    So do these guys allow refinancing? My car 2 years old and there is $32,000 outstanding

    • Avatarfinder Customer Care
      Elizabeth
      April 20, 2016

      Hi Phil,

      Matchacar currently do not offer refinancing options, only buying new cars. You can find out more about car refinancing on this page.

      UPDATE: Matchacar now offers refinancing.

      Hope this helps,

      Elizabeth

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