What’s so good about our used car loans?
We’re here to help finance your next car, even if it has clocked a few kms over the years.
Whether you’ve been to the dealer or are looking for a better car loan deal, we’re here to help with the finance. Chat to us, get approved and start saving with a low rate car loan. It’s that easy!
We can assist with a purchase of vehicles that are up to 12 years of age.
Or, if you have an existing car loan and your balloon repayment is due, you can refinance to our used car loan to assist with the repayments.
Apply online for your Used Car Loan today. Or, chat to one of our friendly lending specialists and they can can do the hard work for you, managing your application quickly and easily over the phone.
Either way, we’re here to help settle your loan quickly so you can get the keys to your next car sooner.
Our Used Car Loan Interest Rates
Car Loan Type
Used < 5 years
Interest rate p.a.**
Comparison rate p.a.*
Car Loan Type
Used 6 - 7 years
Interest rate p.a.
Comparison rate p.a.
Car Loan Type
Used 8+ years
Interest rate p.a.
Comparison rate p.a.
Want to see more car loan options? Compare our car loans.
Top reasons to choose this loan
No monthly, ongoing
or annual fees
Once you’ve paid off your car loan, congrats! We won’t charge you a nasty discharge fee. Enjoy your dream car!
Approval within 24 hours~
No one wants to wait around for an answer. We’ll be sure to let you know in 24 hours if your used car loan is approved, so you can get the keys to your car sooner.
Access your online services to make payments and check in on your loan account at your fingertips with our easy-to-use online app. Login on your mobile, desktop or anywhere online.
Used Car Loan FAQs
This one-off final payment will account for a large proportion of your car loan so your regular car loan repayments can be reduced as a result.
If you are at the end of your existing loan term and are coming up to your balloon repayment, you can get a used car loan to assist with this. However, you will not be able get a balloon repayment with your used car loan.
See how low your car loan repayments could be.
Why do people choose us?
loans.com.au is an award-winning online lender. We’ve been making it easy for Aussies to save thousands on their home and car loans for the last 10 years.
Low rates & fast decisions
Our online model means we can offer low used car loans rates. Fewer overheads and efficient processes means we can pass those savings directly to our customers and assess applications quickly, so you can get your next car on the road sooner and for a lower rate.
Australian based support team
We have an experienced, Australian-based team of experts. At every step of the way, you’ll talk to a real person from our friendly team of car loan specialists who are here for you and genuinely want to help you get the keys to your car or start saving on your car loan.
No matter what car you’re looking at, it’s likely we can help you. If you’re at the dealership, we can assist with anything from new cars to cars aged 12 years. Plus, our car loans have different fixed terms and balloon repayments may be available.
By keeping our interest rates low and the loan process simple, experts continue to recognise us with awards for our products, innovations and customer service, year after year, since 2011!
Find out if you qualify for our used car loans in just minutes. The application process is simple, online, plus we’re here to help at each step of the way.
onTrack is our online app which allows you to complete your car loan application on your device from initial contact through to settlement and beyond. In onTrack you can complete your loan application in your own time, as it suits you. But as always, we’re here to help!
Used car loan application process
We make borrowing simple. Here’s how to get the keys to your dream car at a low rate in three easy steps.
Fill out our application online or talk to one of our Australian-based lending specialists to do the hard work for you.
Login to onTrack and easily upload the required documents. Plus, you can track your application through to approval.
Settle & save
Our innovative online process gets you to settlement quickly, so you can start saving thousands sooner.
What do our customers think?
They were always available to provide quick answers to questions
The application process was straightforward as long as you could provide the required information without much hassle. They were always available to provide quick answers to questions and in a friendly manner. The organisation is located within Australia. Once we learnt the secure way of uploading information, the system worked extremely well. This company has very low interest rates and worked quickly to met our tight settlement deadline. Would recommend to anyone wanting a home loan.
October 13, 2021
The process and procedures are really clear and helpful
It is such a smooth journey with loans.com.au. Our loan manager Ray is so productive and professional, he gave all the advice we need and help us to purchased the dream home. Settlement team always works closely with us, the process and procedures are really clear and helpful. You are always my first choice. Many thanks, Jenny.
October 05, 2021
Customer service staff calling and checking in and helping you along the way
We took out a car loan with loans.com.au, I can say it was simple, and fast, the system that Loans uses keeps you updated with what's going on at all times, backed by friendly customer service staff calling and checking in and helping you along the way. Wish we had used them for our home loan. I have always said I could never work in banking but I would be proud to work for this company!
October 01, 2021
At loans.com.au, we help people into their dream homes and cars.
For the last 10 years, thousands of Aussies have trusted our experienced & locally based team with some of their biggest financial decisions - buying a home, a new car or refinancing to save on interest.
Our customers trust us to support them with low home loan and car loan rates, approved quickly through our easy-to-use online app.
loans.com.au is completely safe and financially backed by Firstmac, Australia’s 12th largest lender. Firstmac has been operating successfully for more than 40 years, and has $14 billion in mortgages under management, as Australia’s leading non-bank lender.
We are also actively involved in our local community with our loans.com.au Women, Children & Community Program designed to support Australian charities on their mission to raise awareness for important causes.Read our story
Guide to buying a car
Most people have questions as they start on the car buying journey, so we have pulled together some articles to help you.
From tips on how the car loan process works, to information on buying a car, you can find it here.VIEW BROCHURE
Buying a used car can save you thousands of dollars, but there is a risk that you might buy a lemon. Here some of the things to consider before you buy.
Still have questions?
Chat online now
Send us a Live Chat with your used car loan questions and we’ll respond straight away.
Talk to a car lending specialist
Our experienced team of car lending specialists are here to help you. Book an appointment and we can answer any questions you might have.