Used car loan
Flexible finance that helps make your next used car purchase simple and affordable.
Rates start from
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Approval within 24 hours~ -
3 - 7 year loan terms available
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Borrow from $5,000 - $150,000
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Available for used vehicles up to 12 y/o
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Fixed or variable rates available
More reasons to choose us for your used car loan
Quick steps to your personalised rate
Apply anytime and from anywhere
Online convenience, local support
Smarter lending for your pre-owned car
Start now and take the next step towards your new car
Start nowGet a personalised rate and repayment estimate for your car loan by answering a few simple questions. Your rate is tailored to your credit score and the loan details you provide.
Won’t impact your credit score!
A car loan built for you
What happens once I get my quote?
Start nowWe give you a personalised quote and estimated repayments based on your credit score and the loan details you provide to us - without impacting your credit score.
Knowing your rate and repayments up front means you can shop with confidence, focus on the right vehicle, and move fast when you find the perfect one.
Your personalised quote is valid for 48 hours. We'll then give you a quick call to progress your application so that you can get behind the wheel sooner.
Free guides & reports
Your guide to buying a car
If you are looking at car finance to purchase your next car and have lots of questions, our guide contains our loan process, what documents you'll need, preapproval, tips and more.
Your guide to balloon payments
Our easy-to-follow guide explains how balloon payments work, what to expect at the end of your loan term, and how it might fit into your car finance plans.
Frequently asked questions
A rate quote is a personalised estimate of the interest rate and repayments you could expect on your car loan, based on the information you provide.
At loans.com.au, getting a rate quote is fast, free, and won’t affect your credit score. It’s a great way to understand your borrowing capacity and also gives you an idea of what your repayments could look like.
Get my personalised quoteA quote is a quick, personalised estimate of your car loan interest rate and repayments based on basic information you provide. It’s an obligation-free quote, doesn't impact your credit score, and helps you understand if you qualify for a car loan.
An application is a formal request for a loan. It involves providing more detailed information and supporting documents. Once submitted, your application goes through a full credit assessment.
A used car, or a pre-owned, or secondhand car is one that has been previously owned by someone else.
You absolutely can, and we’re here to help you do it. At loans.com.au, we make it simple to obtain a loan for a used car, all the way from application to settlement. Chat to one of our friendly car loan specialists today to get started and understand your borrowing capacity and your personalised rate.
Yes, we have eligibility guidelines for used vehicles. Typically, the car should be under a certain age (for example, less than 12 years old at the start of the loan term). Our lending specialists can confirm if the car you’re looking at is eligible.
You can apply online and we'll show you your personalised rate and repayment estimate based on your credit score and the loan details you give us. It only takes a few steps, and it won't affect your credit score. Alternatively, you can book a chat with one of your car loan lending specialists.
Yes, rates can differ because used cars typically have different resale values and risk profiles compared to new cars. With risk-based pricing, you’ll still receive a personalised rate that reflects your situation and the vehicle’s age.
Our car loan application process
Start with a quick quote
Find out what your personalised rate and estimated repayment could be.
Speak to your Specialist
Chat to your car lending specialists to find out your personalised rate and what you repayments will be.
Apply online
You can begin your application.
Upload & Track
Submit your documents and monitor your application in real time via our onTrack portal.
Approval & Signing
Review and sign your car loan documents and loan agreement via onTrack.
Settlement
After your car loan settles, the funds will be ready and paid directly to the seller.
Manage Your Loan
You'll receive your login details to manage your repayments and account details via our Smart Money app.
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Why Aussies Choose Us
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Flexible loan options available
Australian based lending specialist
Save with our competitive interest rates
Refer your friends or family to loans.com.au and earn big rewards!
When they settle a home loan with us, you'll both receive a $1,000 reward. Plus, if they choose a car loan, you'll get a $250 bonus, and they'll enjoy $150 off their settlement fee. It's our way of saying thanks for spreading the word!+
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Buying a car privately: Pros & Cons
Thinking of buying a car through a private sale? Explore the pros and cons of purchasing directly from the owner and learn essential tips for a smooth transaction.
How to buy a car from a private seller
Buying a car privately, or from a private seller, offers great perks like better prices, a larger range of options, and more room to negotiate. If you’ve found your perfect car but it’s being sold privately, don’t fret! Here’s how to buy a used car privately.
Guide to Buying a Used Car
Navigating the used car market can be daunting. There's always that risk of accidentally buying a lemon. But often, the opportunity to snag a great deal is too good to refuse. If you want to save thousands and find a good second-hand car, you need to be prepared.
What happens if you trade in a car under finance?
Know these Red Flags Before Buying Used Cars in Australia
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Andrew
Lending Specialist
Have questions?
Talk to one of our lending specialists
Talk to one of our lending specialists
Our experienced car lending specialist, Andrew and his team can answer all your questions to get you on the road sooner with your personalised rate.