What’s so great about our variable car loan?
If you’ve got your eye on your next car, we’re here to help you finance with our low variable rate.
With the same quick and easy online application process as our other car loans, you can apply in under 2 minutes and get approved within 24 hours.
You will have access to a redraw facility, allowing you to make additional repayments and redraw up to $5000 per day.
It’s important to note, balloon repayments are not an option with our variable car loans.
Get started
Apply online in 2 minutes or speak to one of our car loan specialists who will take care care of all the paperwork for you. Applying is quick and easy, and you will get approval in 24 hours~ so you can start saving sooner. With loans.com.au you can have confidence in dealing with Australia’s largest non-bank lender.
Top reasons to choose this loan
Low rates
Our variable car loan offers flexible low rates that are the lowest rate in the market.
Market-leading car loan
One of the first variable car loans in Australia that is lower than other lenders.
Apply in minutes, approval in 24 hours~
Apply for a variable car loan at the click of a button, and find out if you’ve been approved within a day.
Redraw up to $5000 per day
You can take advantage of the redraw facility and make additional loan repayments, and access the money if you need it! You’ll be able to redraw up to $5000 per day, great for emergencies and rainy days.
Easy online process
It is extremely quick and easy to apply for a car loan with us, with the simple application form taking less than 2 minutes! From there, you can manage your application and documents through our easy-to-use app onTrack, and then once approved, manage your payments in our Smart Money online services platform. Plus, our team is here to answer any questions you have at any step along the way.
Our variable car loan offers flexible low rates that are the lowest rate in the market.
One of the first variable car loans in Australia that is lower than other lenders.
Apply for a variable car loan at the click of a button, and find out if you’ve been approved within a day.
You can take advantage of the redraw facility and make additional loan repayments, and access the money if you need it! You’ll be able to redraw up to $5000 per day, great for emergencies and rainy days.
It is extremely quick and easy to apply for a car loan with us, with the simple application form taking less than 2 minutes! From there, you can manage your application and documents through our easy-to-use app onTrack, and then once approved, manage your payments in our Smart Money online services platform. Plus, our team is here to answer any questions you have at any step along the way.
Variable Car Loan Rates
Our Car Loan Interest Rates
Car loan Type
Interest rate p.a.**
Comparison rate p.a*
Monthly fee
Rate type
Balloons available
New / Demo -Special^
6.24%
7.36%
$8.00
Variable
No
Used < 3 years
7.74%
8.85%
$8.00
Variable
No
Used < 5 years
7.74%
8.85%
$8.00
Variable
No
Special^
< 3 years
< 5 years
Want to see more car loan options? Compare our car loans
Want to see more car loan options? Compare our car loans
Our super-low car loans make it easier to drive away in your dream car sooner.
Join our other loans.com.au customers
“Very easy process with a friendly lending manager to guide you through.„
“My experience in getting a loan from Loans.com.au has been great. I think I was also fortunate in getting a highly experienced loan officer Ray Glowacki who was able to evaluate the circumstance and offer me the most suitable product.„
“Ray has been extremely helpful in setting up my refinance, he made the process so easy and was happy to take the time to answer all my questions. Thanks Ray!„
“Ray was an absolute pleasure to work with. His knowledge and years of experience meant he was able to assess our complex situation to find the best outcome for us. Ray thank you so much for your help and support every step of the way!„
“A big thanks to Ray and his team for making this process seamless. Professional advice and communication throughout the process. Professional and less stressful application than with any other we have been involved in before.„
“Great customer service, thanks Ray!„
“Ray was simply amazing! He took on my crazy timing request and helped drive the process to conclusion. Took some of the stress out of purchasing a property!„
“Incredible company that has 10/10 customer service. Quick efficient and friendly!.„
“Ray couldn’t have made the process of refinancing any easier for us. Would highly recommend.„
“Excellent People, Cheap rates, fast process. I had to arrange finance in 2 weeks and they sorted it out. Rena has been extremely helpful.„
“Had full formal approval within 10 days from applying online. Hassle free, transparent and above all else a really competitive interest rate. Thanks all for making an incredibly stressful and high stakes event so seamless. HIGHLY recommend!„
“Brilliant service, timely manner for response and a quick turn around in approval. Will definitely be recommending.„
Variable car loan FAQs
Why choose loans.com.au?
Low interest rates
Being an online lender with fewer overheads means we’re able to pass on the savings to our customers.
Australian based
Get help when you need it from our friendly team of Australian based, lending specialists.
Flexible options
Whether you’re looking to buy new or used at a dealership, or purchase a used car privately, we are sure we have a car loan that can assist you.
Award winning
We keep on winning awards for our products, innovations and customer service, year after year!
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 $16 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 storyGuide 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.