Following the RBA's decision to decrease the official cash rate, our variable interest rates for existing customers will decrease by 0.25% effective from the 3rd June 2025.
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Our car loan interest rates

Loan reasons
Rate type
Car Loan Interest Rate Comparison Rate Weekly Repayment Product Features Details

Variable Car Loan - Green/Electric

Discounted rate on qualifying electric cars Redraw up to $5k/day
5.84% p.a. 6.97% p.a.  $163
  • Discounted rates for Home Owners
  • Up to 7 year loan term
  • Variable rate adjusts with interest rate changes
  • Fast approval times
  • Get Preapproved to confidently secure your car financing
  • Access your account via Smart Money app
Get started

Variable Car Loan - New/Demo

Demo vehicles acceptable up to 7500 kms^ Redraw up to $5k/day
5.99% p.a. 7.12% p.a.  $164
  • Discounted rates for Home Owners
  • Up to 7 year loan term
  • Variable rate adjusts with interest rate changes
  • Fast approval times
  • Get Preapproved to confidently secure your car financing
  • Access your account via Smart Money app
Get started
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Work out your car loan repayments

Use our car loan calculator to estimate what your monthly repayments could be.

Your loan details

Reason for loan
Rate type
Repayment frequency
Loan term
%
Most Popular

Variable Car Loan - New/Demo

Demo vehicles acceptable up to 7500 kms^ Redraw up to $5k/day
Get the keys to your dream new car with these low rate car loans!

Interest rate
5.99% p.a.
7.12% p.a.

Estimated repayments#
$657.17 per month
Loan amount
$45,000
Interest charged
$10,202

Get the keys to your brand-new car

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

Incredibly helpful throughout the process

Sharon and Team at loans.com were amazing. She was happy to answer and explain all my questions thoroughly. Every interaction with Sharon and the Team was supportive, willing to listen and provide help when needed. Will definitely recommend Loans.com especially working with Sharon and Lee Li.

Aman P.
01 Apr 2025

Our car loan application process

1
Application

Application

Simply fill out your car 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.

2
Goodbye paperwork

Goodbye paperwork

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.

3
Speak to specialist

Speak to specialist

You will then have an appointment with one of our lending specialists to organise your preliminary approval of your loan, and help you progress through the car loan approval process through to settlement as quickly as possible.

4
Signing document

Signing document

Check onTrack to received your final approval, mortgage documents and loan agreement. You must sign these and return them in to onTrack, which authorises us to deal directly with your existing lender.

5
Settlement

Settlement

Your loan will settle so you can make payment to the dealer or private seller. You'll start saving with your new low rate, and get your keys to your dream car!

6
Access your account

Access your account

Once settlement is complete, we will send your login credentials to start managing your payments in the Smart Money app.

Frequently asked questions

If added to your loans.com.au car loan, a balloon payment is a one-off lump sum that you have agreed to pay us, at the end of your car loan term.

This one-off final payment will account for a large proportion of your car loan so that your regular car loan repayments can be reduced each month, as a result.

It’s important to note - the balloon repayment option is only available if you get a fixed rate car loan , and will not be available for the variable car loan.

You could get pre-approval on your car loan in around 30 minutes, and we can have the loan settled in 2-4 business days, pending all the lending criteria is met.

A new car is one that is sold in its original condition, usually at a car dealership and has never had any previous owners.

In short, the process to get to settlement involves you applying, speaking to a car lending specialist, and uploading your documents. loans.com.au may then approve your loans, issue the documents and you settle, and we then pay the funds so you can collect your car.

You can save yourself a lot of time and heartache if you get pre-approval for a loan before negotiating for a car. Also known as preliminary approval, pre-approval is an offer from us to lend you an agreed amount, subject to full approval. Pre-approval remains valid for 60 days. To gain full approval, you'll need to supply more supporting documents and updated information.

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

Get the keys to your brand-new car

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