Nissan Finance

Want a Nissan and unsure how to afford it? Learn about your finance options here.

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Nissan is a staple brand in Australia having been manufacturing car parts here since 1982. With cars such as the Nissan JUKE and the standard Nissan Navara ute ­­to choose from, there are vehicles to suit a range of needs. However, before you get too excited about purchasing a Nissan, you need to think about how you’re going to pay for it.

What types of finance options are there for your Nissan?

There are a range of finance options to choose from:

  • Car loan. This is where you borrow money from a lender to buy the vehicle you want. These are secured loans, which means that the lender takes security over the vehicle to protect the loan. Because the loan is secured you can find rates of between 5% and 10% p.a.
  • Personal loan. A personal loan works the same way as a car loan except the way you use the funds is more flexible. The loan can be unsecured, which means you don’t need to provide an asset as security, or secured, where you need to provide an asset, such as the vehicle you’re buying, as security. Unsecured rates range between 8% and 16% p.a. and secured personal loan rates range from 5% to 10% p.a.
  • Car lease. This allows self-employed people to buy a car for business purposes. The lender purchases the car and you make lease payments until the end of the term of the lease.
  • Novated lease. This is a method of salary packaging a car. As an employee you can lease a car and your employer pays the lease repayments from your pre-tax income. This can be a tax-effective way to purchase a vehicle.
  • Finance through Nissan. Dealership finance is available through Nissan, which is an option to consider if you want everything done in one transaction. Remember to look beyond the interest rate offered and check the fees and charges attached to Nissan finance. Check for other requirements, such as balloon payments, that make the repayments seem more competitive than they are.

See all 2020 EOFY deals

Car loans suitable for financing a Nissan

Data updated regularly
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Monthly Repayment View Details CTA
IMB New Car Loan
4.99%
(fixed)
5.34%
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 that's up to two years old.
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 that's up to two years old.
Loans.com.au - New and Dealer Used Car Loan
From
4.67%
(fixed)
5.22%
You'll receive a fixed rate from 4.67% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.
You'll receive a fixed rate from 4.67% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.
NRMA New Car Loan
From
4.99%
(fixed)
5.69%
You'll receive a fixed rate from 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.
You'll receive a fixed rate from 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.
Plenti Car Loan
From
4.89%
(fixed)
5.44%
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
Wisr Secured Car Loan
From
5.19%
(fixed)
5.46%
You'll receive a personalised interest rate from 5.19% p.a. to 17.69% p.a. based on your risk profile
A flexible car loan from $5,000 - $50,000 with personalised rates and rewards for strong credit customers.

You'll receive a personalised interest rate from 5.19% p.a. to 17.69% p.a. based on your risk profile
A flexible car loan from $5,000 - $50,000 with personalised rates and rewards for strong credit customers.

NOW Finance Secured Personal Loan
From
4.45%
(fixed)
4.45%
You'll receive an interest rate from 4.45% p.a. to 15.45% p.a.
Borrow up to $100,000 for terms between 18 months and 7 years. You can use this loan to buy a car, motorbike, boat, motorhome or caravan.
You'll receive an interest rate from 4.45% p.a. to 15.45% p.a.
Borrow up to $100,000 for terms between 18 months and 7 years. You can use this loan to buy a car, motorbike, boat, motorhome or caravan.
OurMoneyMarket Car Loan
From
5.5%
(fixed)
5.85%
You'll receive a fixed interest rate from 5.5% p.a. to 14.99% p.a. based on your risk profile.
Borrow between $2,001 and $75,000 to finance a new or used car up to 10 years.
You'll receive a fixed interest rate from 5.5% p.a. to 14.99% p.a. based on your risk profile.
Borrow between $2,001 and $75,000 to finance a new or used car up to 10 years.
Latitude Personal Loan (Secured)
From
5.99%
(fixed)
7.26%
You'll receive a fixed rate between 5.99% p.a. and 21.99% p.a. based on your risk profile
Lock in a competitive fixed rate when you offer security. Loan can be used for any purpose and repayments are flexible. You can check your interest rate before applying with no impact to your credit score.
You'll receive a fixed rate between 5.99% p.a. and 21.99% p.a. based on your risk profile
Lock in a competitive fixed rate when you offer security. Loan can be used for any purpose and repayments are flexible. You can check your interest rate before applying with no impact to your credit score.
NRMA Used Car Loan
From
6.49%
(fixed)
7.19%
You'll receive a fixed rate from 6.49% p.a.
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
You'll receive a fixed rate from 6.49% p.a.
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
Credit Concierge Car Loan
From
3.99%
(fixed)
5.08%
You'll receive a fixed rate of 3.99% p.a. with a comparison rate of 5.08% p.a.
Get access to over 20 providers to fund a new or used car.

You'll receive a fixed rate of 3.99% p.a. with a comparison rate of 5.08% p.a.
Get access to over 20 providers to fund a new or used car.

Stratton Finance New Car Loan
From
4.05%
(fixed)
5.63%
You'll receive a fixed rate from 4.05% p.a. depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
You'll receive a fixed rate from 4.05% p.a. depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
SocietyOne Car Loan
From
6.99%
(fixed)
6.99%
You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
Driva Car Loan
From
3.95%
(fixed)
5.1%
You'll receive a fixed rate from 3.95% p.a.
Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.
You'll receive a fixed rate from 3.95% p.a.
Borrow up to $250,000 with loan terms from 1 to 7 years. Get access to a range of lenders.
NAB Personal Loan Unsecured Fixed
From
9.99%
(fixed)
10.88%
You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% (13.56% comparison rate) or less. See Comparison rate warning in (i) above.
You'll receive a fixed rate between 9.99% p.a. and 18.99% p.a. ( 10.88% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% (13.56% comparison rate) or less. See Comparison rate warning in (i) above.
Symple Loans Personal Loan
From
5.75%
(variable)
6.47%
You'll receive a personalised interest rate from 5.75% p.a. to 25.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.
You'll receive a personalised interest rate from 5.75% p.a. to 25.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.
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Compare up to 4 providers

Compare car insurance side-by-side and get quotes

Data updated regularly
Name Product Roadside Assistance Accidental Damage Storm Choice of Repairer Agreed or Market Value
Budget Direct Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Awarded the 2019 Finder Award for the Best Value Car Insurance, this policy offers solid coverage at a low cost plus you will get 15% discount on first year's premium when you take out a policy online. Budget Direct’s claims service has received a 4.2/5 based on nearly 5,000 customer reviews.

Who it might be good for: People who want a comprehensive policy without breaking the bank.
Bingle Comprehensive
Market
Finder's summary:Bingle consistently comes up as one of the cheaper insurers out there. It only covers the basics, so you don't get to choose your own repairer, you're not covered for personal items in the car and unless you add it as an option, you won't get a hire car if your car is stolen. But this keeps its premiums low.

Who it might be good for: Someone who wants a low-cost option that covers them for the basics.
Coles Comprehensive
Optional
Agreed or Market
Finder's summary: Coles have two-tiers of comprehensive car insurance to choose from. You'll earn double flybuys points at Coles supermarkets and you can get $10 off your Coles grocery bill every time you redeem 2,000 Flybuys points. If you're over 30, you can get roadside assistance free for a year.

Who it might be good for: Coles customers and Flybuys collectors.
Qantas Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: You'll be able to pick and choose how comprehensive you want your cover to be with optional extras like roadside assistance, choice of your own repairer and the option of agreed or market value. Plus earn Qantas Points for joining and paying your premium. Sign up by 28 February 2021, you can earn up to 40,000 Qantas Points (points awarded will be based on your premium). T&Cs and eligibility apply.

Who it might be good for: People who love collecting frequent flyer points.
ahm Comprehensive
Optional
Both
Finder's summary: ahm comprehensive car insurance lets you choose higher excess to reduce your premiums plus you can get up to 15% off when you purchase a new car insurance policy. T&Cs apply. Additionally, their Fixed Kilometre Plan can save you up to 30% compared to their standard comprehensive cover.

Who it might be good for: People who drive less than 15,000 km per year.
QBE Comprehensive
Optional
Agreed or Market
Finder's summary: QBE is a sustainable insurance company and also Finder's Green Insurer of the Year 2020 Award winner. This policy offers the highest level of protection available from QBE including three-year new car replacement. You can also save $75 when you purchase a new comprehensive policy online. T&Cs apply.

Who it might be good for: Those that are looking for a more environmentally friendly insurance choice.
Virgin Comprehensive
Optional
Optional
Agreed or Market
Finder's summary: Finalists for the 2019 Finder Awards for Best Value Car Insurance, Virgin Comprehensive provides a good level of cover for a decent price. Get 15% off on your first year’s premium when you purchase a new eligible comprehensive car insurance online. T&Cs Apply.
Stella Comprehensive
Optional
Agreed or Market
Finder's summary: Stella’s a female-focused insurer. It'll cover you if your car is damaged as a result of domestic violence. It offers higher cover for baby gear than most, with up to $2,000 cover for prams, strollers and child seats. You get a free Bauer magazine subscription when you sign up and a portion of your premiums go to supporting female-led businesses.

Who it might be good for: Someone who wants a female-centred car insurance policy (it will cover men too).
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What should you consider before financing a Nissan?

Being aware that the asset that you are purchasing will decrease in value as soon as you drive your new car off the lot is a good place to start. If your financing a new Nissan purchase it’s important to understand that the finance you’re taking out will be more than your vehicle’s worth when you drive off the lot.

Another thing to consider when looking for finance is whether there is a minimum or maximum limit to the loan that you’re applying for. Some lenders have minimum amounts you can apply for whereas others let you borrow as little or as much as you want, as long as you show you can pay it back. Depending on the cost of your Nissan, this may affect which finance choices you have.

Things to look at in your finance

There are a number of details to check in your finance before you zoom away in your Nissan:

  • Can I afford the repayments? Knowing your financial situation and if you can afford the repayments, whether they be monthly, fortnightly or weekly, is very important before you consider getting a new car. You don’t want to drive yourself into debt.
  • Do I have inferior credit or am I bankrupt? Some lenders don’t let you apply for their loans if you have inferior credit or have declared bankruptcy. However, there are other lenders available that are willing to help you out.
  • Is there a balloon payment? Finance offered by dealerships often come with balloon payments. These are amounts deducted from your principal borrowing amount which you’re required to pay at the end of the loan term. Balloon payments can decrease your ongoing repayments, but coming up with the balloon payment at the end of the term can be difficult. It is usually upwards of $5,000.

What should you do before you finance a Nissan?

Before you finance your dream car, there are some things to consider:

  • What is my budget? Nissan has an entire range of vehicles to choose from, which also means a range of prices. Prices can start from $26,000 for smaller cars and go as high as $96,000 for luxury SUVs. The prices you see on the website are a base amount and don’t include costs for additional features you might want to add as well as GST and luxury car tax.
  • What kind of car do I want? Nissan has many models to choose from, which can be intimidating. You can choose from small cars such as the eye-catching Nissan JUKE to zip around the city in, the classic Nissan Navara ute in a range of cab sizes, and the sporty 370Z Roadster, which will have everyone turning their heads when you zoom on by. Knowing what car suits your lifestyle is the best place to start.
  • What kind of features do I want? Nissan has a range of features available in their vehicles that vary depending on the model you choose. For example, the Nissan Qashqai comes with a panoramic glass roof and intelligent parking assistance as well as leather seats. The JUKE comes with a leather-accented seat trim and a touchscreen colour display. Although these differing features can be confusing, figuring out what you’re flexible on and what you’re not can help you decide.

Costs to consider

Some costs for you to think about before applying for a loan include:

  • Loan fees. Once you consider the application fee that is charged to apply for a loan as well as monthly fees and transaction fees, they can really add up. Ensure you are aware of all the fees that might be charged before applying for a loan.
  • Upkeep of the car. Paying for fuel, servicing, new tyres and running your car can be expensive. There is also car washing to consider – you’ll want everyone to see how nice and clean your new car is! RACV’s 2017 vehicle operating costs estimate for a medium-sized vehicle is for between $176.75 to $302.43.
  • Registration and insurance. Now that you’re on the road, you must pay to be on the road. This is the cost of registration. You’ll also need to consider what insurance you need outside of the compulsory insurances, such as third-party property cover.

See all 2020 EOFY deals

What you will need to apply for a loan

You will need the following to apply for a car loan:

  • Financial statements. Financial statements can be three months or more of payslips, your latest bank statements that show income coming into your nominated accounts, or your latest tax return. What will be required varies from lender to lender.
  • Identification. This differs between providers but you will generally need your Australian driver’s licence, Medicare card, birth certificate and/or passport.
  • A stable income. Most lenders won’t let you borrow money from them if you cannot show that you have a stable income. However, some lenders have more flexible income requirements. Do your research on which lender is right for you.
  • Your current assets and liabilities situation. An accurate picture of all your assets and any current debts that you may have is necessary for lenders to see how much of a risk you are when it comes to lending you funds.

Figuring out if your new Nissan is right for you will be a lot easier if you are aware of your financial situation and what options are available to you. Once you have done your homework, choose your favourite and go get it!

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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 4.69% 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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