Car Loans
Rates from
Variable rate p.a.*
Comp rate p.a.*

Secure a low rate for the life of  your car loan

  • Approval within 24 hours ~
  • No ongoing account keeping fees
  • Balloon options – reduce monthly repayments
  • No discharge fee

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Loan amount

Monthly repayments*

Thanks for handling my application

I would like to say many thanks to both the Sales and Support teams for helping us with this application. Without your help, we wouldn't have been able to switch our existing loan to which is now saving us a lot of money. Overall you have done a brilliant job.

Swee Y.
19/05/2017 12:00:00 AM


Secure a low rate for the life of your car loan

These super low rates are fixed, so you know exactly how much your repayments are and they don't change for the life of the loan.

When it comes to car loans, we can confidently say this is a great low rate you will be happy with for years to come.
Our easy online application takes only minutes and we've removed all the speed bumps along the way.

At we do everything possible to make it easy for you to drive away in your new car, sooner. 

Personal Car Loan

Get your motor running with our super-low interest rate car loans. Whether you are buying your dream car or your just-for-now car, you will come out ahead with our super-low fixed rates.

We offer loans of 3, 4, or 5 years, on both new and used vehicles.
We can help you with a loan for a car bought privately, through a dealership or an auction.

Using your car as security, our loans have no ongoing fees, and fixed rates so you know exactly how much your repayments will be over the entire term of the loan.

All about Balloon Payments

We know that everyone’s circumstances are different, so we also offer a handy “balloon” payment option.*

This option allows you to have lower monthly payments, and then a larger payment at the end of the loan term called a balloon payment. This final payment typically totals 20-50% of the loan value.
The advantages of a balloon are:
  • It may help you afford a better car because of the lower repayments
  • You can trade in your vehicle at the end of the loan and use the money from the sale to repay the balloon. Many people estimate what their car will be worth at the end of the loan period, and nominate that amount as the balloon payment.

Balloon Payment Periods

  Term Max Balloon   Term Max Balloon
New Car 3 years 50% Used Car 3 years 40%
  4 years 40%   4 years 30%
  5 years 30%    5 years  20%

Car loan features

  • Approval within 24 hours ~
  • Available for personal use
  • Private or dealer sales
  • New or used vehicle
  • $5,000 minimum loan amount
  • $100,000 maximum loan amount
  • Fixed interest rate for the life of the loan
  • No monthly or ongoing fees
  • Weekly, fortnightly and monthly repayment options
  • 3, 4 or 5 year loan term available
  • Principal and interest repayment
  • Early payout available
  • Optional balloon payment*

Fees & costs

Fees Amount
Establishment fee $400
Annual fee $0
Monthly fee $0
Discharge fee $0

A smarter way to get from loan application to settlement

At, we believe applying for a home loan should be a speedy and hassle free process. OnTrack allows you to quickly get your loan through to approval and settlement while we do the heavy lifting for you behind the scenes.



Meet some of the team

Our friendly, Australian, Lending and Customer Care experts will ensure you have a quick and hassle-free experience.

Customer reviews

Value for money: 4.9/5
Customer service: 4.9/5

Based on 195 reviews.
As rated by our settled customers


I saved money on my loan
I am very happy to be one of your customers and save money on my loan. Everyone was very helpful. I was very happy with customer service I received.

Value for money: 5/5
Customer service: 5/5 Recommend to a friend?: Yes

Maria I. - Lilydale, VIC
August 09 2017

Investment loan with great rate
What a brilliant experience. Got a great rate and our first investment loan. Highly recommend!

Value for money: 5/5
Customer service: 5/5 Recommend to a friend?: Yes

Nicholas F. - Diamond Creek, VIC
August 03 2017