Variable Car Loan

Your dream car is closer than you think! With our competitive rates, you’ll be on the road in no time.

Multi-award winning

Variable Car Loan
New/Demo

5.99

p.a

Rates from**

7.12

p.a

Comparison rate*

Discounted rates for Home Owners
Demo vehicles acceptable up to 7500 kms^
Redraw up to $5,000/day for variable rates
Up to 7 year loan term
Variable rate adjusts with interest rate changes
Get Preapproved to confidently secure your car financing

Apply Now

Our Google Rating

4.5

487 reviews

Benefits of our car loans

Pre-approval Confidence

Shop with certainty for your car knowing exactly how much you can borrow.

Greater flexibility

Choose a loan term from 3 to 7 years, with weekly, fortnightly, or monthly repayments.

Borrow up to $150,000

Borrow a specific amount from as little as $5,000 to $150,000 (subject to approval).

Sustainable loan options

Financing for electric and hybrid cars, helping you drive into a greener future.

Low rate car loan eligibility

Apply now

“I was updated along the along the track and it all turned out perfectly. I would certainly recommend loans.com.au to other car buyers.”

Sienna

Car loan customer

What other customers are saying

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 Google rating

4.5 487 reviews

As seen on...

It's fast & easy to get a loan with loans.com.au

Apply online

Simply fill out your 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.

Speak to a specialist

You will then have a phone appointment with one of our lending specialists to finalise your application, and help you progress through the loan approval process through to settlement as quickly as possible.

Upload documents (OnTrack)

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.

Settle

Your loan will settle, and you’ll enjoy your new loan rate.

A low rate car loan that looks just like this

Here’s your new offer

Rates

Variable	Interest Rate:	Comparison Rate:
Variable Car Loan - New/Demo	5.99% p.a.**	7.12% p.a.*

Key Features	Flexible loans
	Approval within 24 hours~
	Borrow from $5,000 to $150,000
	Easy online process
	Access your account via Smart Money app

Repayments	Frequency	Weekly, monthly or fortnightly
	Estimated repayments	$164 per week^# The weekly repayment estimate is based on a $45,000 loan over 7 years at 5.99% p.a. paying variable rate. View car loan calculator

Fees	Application fee	$400
	Monthly fee	$8
	Discharge fee	$0
	Early termination fee	$700 in the first and second years of the loan term. $500 in subsequent years of the loan term (excluding final year).

Rates

Variable

Variable Car Loan - New/Demo	Interest Rate: 5.99% p.a.**
	Comp Rate: 7.12% p.a.*

Key features

Flexible loans
Approval within 24 hours~
Borrow from $5,000 to $150,000
Easy online process
Access your account via Smart Money app

Repayments

Frequency	Weekly, monthly or fortnightly
Estimated repayments	$164 per week^# The weekly repayment estimate is based on a $45,000 loan over 7 years at 5.99% p.a. paying variable rate. View car loan calculator

Fees

Application fee	$400
Monthly fee	$8
Discharge fee	$0
Early termination fee	$700 in the first and second years of the loan term. $500 in subsequent years of the loan term (excluding final year).

Apply now

View Product Brochure

Our car loan products are recognised & awarded by the Australian financial industry

Frequently asked questions

How does a balloon payment work?

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.

How quickly can I get approved for a 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.

What counts as a new car?

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

What is the process to get to settlement?

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.

What is pre-approval?

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.

Who is loans.com.au?

loans.com.au is a proudly Australian, award-winning online lender based in Brisbane. Since we were founded in 2011, we have grown to become an industry leader with thousands of happy customers in every state and territory. We are powered by the strength of Firstmac, Australia’s leading non-bank lender.

Learn more about us

Konnie

Lending Specialist

Ready to talk with a real person about our low-rate car loan?

Get help from a friendly member of our Australian-based car lending team.

Let's talk

Ready to get the keys to your new car?

Complete our quick application form to find out if you qualify.

Apply now

Variable Car Loan

Variable Car Loan
New/Demo

Benefits of our car loans

Work out your car loan repayments

Your loan details

Variable Car Loan - New/Demo

Low rate car loan eligibility

“I was updated along the along the track and it all turned out perfectly. I would certainly recommend loans.com.au to other car buyers.”