LCA - FAQ - How much can I borrow for a car?

You can borrow between $5,000 to $100,000.

LCA - FAQ - Are there any fees?

Yes. $400 application fee ($500 via a private sale) and $8 monthly fee.

LCA - FAQ - How quickly is a car loan approved?

You can get pre-approved on the same day, and final approval within 2 days. The overall processing time, from application to settlement, takes 3-4 days.

LCA - FAQ - Can I get my car loan pre-approved?

We do offer pre-approval for car loans. Contact our friendly lending team to discuss, or, if you’re ready to go ahead with your car loan, click here to apply for pre-approval online.

LCA - FAQ - How long does pre-approval last?

Most pre-approvals usually only last for 30 days, but at loans.com.au they’re valid for 60 days.

LCA - FAQ - What loan term can I get for my car loan?

Your car loan term can be 3 to 7 years.

LCA - FAQ - What is the eligibility criteria?

You must be 18 years or over, an Australian citizen or permanent resident, home-owners, employed, demonstrate a good credit history and not be bankrupt.

LCA - FAQ - What car do you finance?

You can finance most car towable by a motor vehicle, including camping trailers and pop tops . We do not accept campervans, motorhomes.

LCA - FAQ - How often can I make repayments?

You can pay weekly, fortnightly or monthly, setup through a direct debit.

LCA - FAQ - What are the benefits of refinancing a car loan?

Refinancing may give you the opportunity to reduce your interest and monthly payments and the overall loan amount and/or pay off your car earlier.

Refinance car loans

Are you ready to pay your loan off and own your own car? We're here to help.

Multi-award winning

Variable Car Loan
Used < 5 years old

7.14

p.a

Rates from**

8.27

p.a

Comparison rate*

Available for Used Cars up to 5 y/o
Redraw up to $5,000/day for variable rates
Up to 7 year loan term
Variable rate adjusts with interest rate changes
Get Preapproved to confidently secure your car financing

Apply Now

Our Google Rating

4.5

487 reviews

Why choose an award winning low-rate car loan?

Refinancing made easy

Switch to loans.com.au and you could save thousands over the life of your loan and enjoy the freedom and flexibility of owning your own car.

Pre-approved in minutes^~

Apply online or talk it over with one of our car lending specialists for a quick decision so that you can be on the roader quicker than you think.

Ability to redraw extra funds

Redraw access up to $5,000/day on a variable rate loan if you’re ahead on your repayments, giving you flexibility when you need it.

Flexible borrowing loan terms

Borrow from as little as $5,000 with a loan term to suit your needs. Choose from three to seven years, with flexible repayment options.

A low rate car loan that looks just like this

Here’s your new offer

Rates

Variable	Interest Rate:	Comparison Rate:
Variable Car Loan - Used < 3 years old	7.14% p.a.**	8.27% p.a.*
Variable Car Loan - Used < 5 years old	7.14% p.a.**	8.27% p.a.*

Fixed	Interest Rate:	Comparison Rate:
Fixed Car Loan - Used < 3 years old	7.29% p.a.**	8.42% p.a.*
Fixed Car Loan - Used < 5 years old	7.39% p.a.**	8.52% p.a.*
Fixed Car Loan - Used 6-7 years old	8.69% p.a.**	9.82% p.a.*
Fixed Car Loan - Used 8+ years old	12.39% p.a.**	13.51% p.a.*

Key Features	Flexible loans
	Approval within 24 hours
	Borrow from $5,000 to $150,000
	Easy online process
	Access your account via Smart Money app

Repayments	Frequency	Weekly, monthly or fortnightly
	Estimated repayments	$171 per week^# The weekly repayment estimate is based on a $45,000 loan over 7 years at 7.14% p.a. paying variable rate. View car loan calculator

Fees	Application fee	$400
	Monthly fee	$8
	Discharge fee	$0
	Early termination fee	$700 in the first and second years of the loan term. $500 in subsequent years of the loan term (excluding final year).

Rates

Variable

Variable Car Loan - Used < 3 years old	Interest Rate: 7.14% p.a.**
	Comp Rate: 8.27% p.a.*

Variable Car Loan - Used < 5 years old	Interest Rate: 7.14% p.a.**
	Comp Rate: 8.27% p.a.*

Fixed

Fixed Car Loan - Used < 3 years old	Interest Rate: 7.29% p.a.**
	Comp Rate: 8.42% p.a.*

>Fixed Car Loan - Used < 5 years old	Interest Rate: 7.39% p.a.**
	Comp Rate: 8.52% p.a.*

Fixed Car Loan - Used 6-7 years old	Interest Rate: 8.69% p.a.**
	Comp Rate: 9.82% p.a.*

Fixed Car Loan - Used 8+ years old	Interest Rate: 12.39% p.a.**
	Comp Rate: 13.51% p.a.*

Key features

Flexible loans
Approval within 24 hours~
Borrow from $5,000 to $150,000
Easy online process
Access your account via Smart Money app

Repayments

Frequency	Weekly, monthly or fortnightly
Estimated repayments	$171 per week^# The weekly repayment estimate is based on a $45,000 loan over 7 years at 7.14% p.a. paying variable rate. View car loan calculator

Fees

Application fee	$400
Monthly fee	$8
Discharge fee	$0
Early termination fee	$700 in the first and second years of the loan term. $500 in subsequent years of the loan term (excluding final year).

Apply now

View Product Brochure

Our car loan products are recognised & awarded by the Australian financial industry

Low rate car loan eligibility

Apply now

“I was updated along the track and it all turned out perfectly. I would certainly recommend loans.com.au to other car buyers.”

Sienna

Car loan customer

Join our other customers

Helpful and professional

“The two ladies I delt were really helpful and professional couldn't be happier with the outcome.„

Daniel H.

26 May 2025

Fast approval

“Amazing service. Trina went above and beyond to make it an easy and fuss free experience!! Easy online portal to upload documents and fast approval. Our second loan through them and would use again and again!„

Danielle T.

21 May 2025

Speed, efficiency, and real human support

“Trina’s support made all the difference, and I can’t thank her enough! If you're looking for a loan provider that combines speed, efficiency, and real human support, I highly recommend Loans.com.au.„

Michael I.

09 May 2025

Very professional

“Very professional, always maintain contact through out the process and quick to respond when calling or emailing. Overall process was quick and easy. Thumbs up 👍 would definitely use them again.„

Stewart O.

05 May 2025

Great outcome

“Thankyou Tiffany for being so kind, warm, friendly, and helpful to my husband and I. Its people like you that make life's decisions so much easier. We need more people like you and your personality doing the type of service you offer. Thankyou for all your support for a great outcome.„

Donna A.

30 Apr 2025

Excellent customer service and support

“Thanks to the hard work and commitment of both Emira and Cherie, I felt confident and well-supported at every step. I would highly recommend Loans.com.au to anyone seeking car finance solutions, and I look forward to working with your team again in the future.„

Avi I.

29 Apr 2025

Highly recommended

“Great to deal with kept us up-to-date every step of the way with the refinancing would highly recommend them.„

Bradley P.

28 Apr 2025

Less stressful

“Brent is the best lending manager I have ever dealt with. Patient, friendly and knowledgeable. Always willing to help and also provide options to consider so that I don't miss out anything. This made my purchase and refinance of investment property much less stressful„

Jason P.

15 Apr 2025

Hassle free

“Helen, Sharny and the loans.com.au team have been excellent to work with. Jason and I have never had such good communication with a bank. The whole loans process from start to finish has been hassle free and having the onTrack app makes keeping track of where you are in the process, easy. Would definitely recommend.„

Sally C.

14 Apr 2025

Good service

“Very good rates and good service„

Jitendra G.

09 Apr 2025

Each experience has been smooth and reliable

“Friendly staff with a highly professional approach to the finance industry. I would highly recommend working with the team at loans.com.au. This is my third time using their services, and each experience has been smooth and reliable.„

Kevin W.

08 Apr 2025

Very helpful, making the process easy

“The staff were very helpful, making the process easy. I was slow at times to respond but they cheerfully dealt with this until I was approved. I am very impressed.„

Kendall H.

01 Apr 2025

Our Google rating

4.5 487 reviews

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It's fast & easy to get a loan with loans.com.au

Apply online

Simply fill out your loan application online by entering some of your details, or chat to one of our friendly lending specialists over the phone and they can complete your application for you.

Speak to a specialist

You will then have a phone appointment with one of our lending specialists to finalise your application, and help you progress through the loan approval process through to settlement as quickly as possible.

Upload documents (OnTrack)

After your application is complete, use our system we call onTrack on your desktop or device to add your documentation such as payslips and bank statements, and track the progress of your application.

Settle

Your loan will settle and you'll start enjoying the benefits of your low-rate car loan!

Apply Online

How it works

Konnie

Lending Specialist

Ready to talk with a real person about our low-rate car loan?

Get help from a friendly member of our Australian-based car lending team.

Smart friends

Real Good Rewards

As a loans.com.au customer, if you refer a new customer to us we’ll reward you.

$1,000 New Home Loan Customer

$250 New Car Loan Customer

View offer

Low rate car loan eligibility

Car hunt and budget with confidence with pre approval

Apply now

Refinance car loans

Variable Car Loan
Used < 5 years old

Why choose an award winning low-rate car loan?

Work out your car loan repayments

Your loan details

Variable Car Loan - Used < 3 years old