LCA - FAQ - How much can I borrow for a car?

You can borrow between $5,000 to $100,000.

LCA - FAQ - Are there any fees?

Yes. $400 application fee ($500 via a private sale) and $8 monthly fee.

LCA - FAQ - How quickly is a car loan approved?

You can get pre-approved on the same day, and final approval within 2 days. The overall processing time, from application to settlement, takes 3-4 days.

LCA - FAQ - Can I get my car loan pre-approved?

We do offer pre-approval for car loans. Contact our friendly lending team to discuss, or, if you’re ready to go ahead with your car loan, click here to apply for pre-approval online.

LCA - FAQ - How long does pre-approval last?

Most pre-approvals usually only last for 30 days, but at loans.com.au they’re valid for 60 days.

LCA - FAQ - What loan term can I get for my car loan?

Your car loan term can be 3 to 7 years.

LCA - FAQ - What is the eligibility criteria?

You must be 18 years or over, an Australian citizen or permanent resident, home-owners, employed, demonstrate a good credit history and not be bankrupt.

LCA - FAQ - What car do you finance?

You can finance most car towable by a motor vehicle, including camping trailers and pop tops . We do not accept campervans, motorhomes.

LCA - FAQ - How often can I make repayments?

You can pay weekly, fortnightly or monthly, setup through a direct debit.

LCA - FAQ - What are the benefits of refinancing a car loan?

Refinancing may give you the opportunity to reduce your interest and monthly payments and the overall loan amount and/or pay off your car earlier.

Refinance car loans

Are you ready to pay your loan off and own your own car? We're here to help.

Multi-award winning

Variable Car Loan
Used < 5 years old

7.14

p.a

Rates from**

8.27

p.a

Comparison rate*

Available for Used Cars up to 5 y/o
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

469 reviews

Why choose an award winning low-rate car loan?

Refinancing made easy

Switch to loans.com.au and you could save thousands over the life of your loan and enjoy the freedom and flexibility of owning your own car.

Pre-approved in minutes^~

Apply online or talk it over with one of our car lending specialists for a quick decision so that you can be on the roader quicker than you think.

Ability to redraw extra funds

Redraw access up to $5,000/day on a variable rate loan if you’re ahead on your repayments, giving you flexibility when you need it.

Flexible borrowing loan terms

Borrow from as little as $5,000 with a loan term to suit your needs. Choose from three to seven years, with flexible repayment options.

A low rate car loan that looks just like this

Here’s your new offer

Rates

Variable	Interest Rate:	Comparison Rate:
Variable Car Loan - Used < 3 years old	7.14% p.a.**	8.27% p.a.*
Variable Car Loan - Used < 5 years old	7.14% p.a.**	8.27% p.a.*

Fixed	Interest Rate:	Comparison Rate:
Fixed Car Loan - Used < 3 years old	7.59% p.a.**	8.72% p.a.*
Fixed Car Loan - Used < 5 years old	7.69% p.a.**	8.82% p.a.*
Fixed Car Loan - Used 6-7 years old	8.99% p.a.**	10.12% p.a.*
Fixed Car Loan - Used 8+ years old	12.69% p.a.**	13.81% 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	$171 per week^# The weekly repayment estimate is based on a $45,000 loan over 7 years at 7.14% 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 - Used < 3 years old	Interest Rate: 7.14% p.a.**
	Comp Rate: 8.27% p.a.*

Variable Car Loan - Used < 5 years old	Interest Rate: 7.14% p.a.**
	Comp Rate: 8.27% p.a.*

Fixed

Fixed Car Loan - Used < 3 years old	Interest Rate: 7.59% p.a.**
	Comp Rate: 8.72% p.a.*

>Fixed Car Loan - Used < 5 years old	Interest Rate: 7.69% p.a.**
	Comp Rate: 8.82% p.a.*

Fixed Car Loan - Used 6-7 years old	Interest Rate: 8.99% p.a.**
	Comp Rate: 10.12% p.a.*

Fixed Car Loan - Used 8+ years old	Interest Rate: 12.69% p.a.**
	Comp Rate: 13.81% 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	$171 per week^# The weekly repayment estimate is based on a $45,000 loan over 7 years at 7.14% 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

Low rate car loan eligibility

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30 Mar 2025

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28 Mar 2025

Very smooth

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Maree L.

27 Mar 2025

Lowest interest rates and easy service

“Returning to loans.com.au for lowest interest rates and easy service.„

Kylie H.

14 Mar 2025

Smooth and fast process

“Friendly customer service. Smooth and fast process without any hassle. Had the loan settled within 2 days of providing necessary documents. A big thank you to Cherie and Rena for their kind and prompt assistance„

Surani F.

14 Mar 2025

Great service

“Great people and great service. Went smoothly and swiftly„

Danny K.

02 Mar 2025

Excellent Service & Fast Process!

“I had a fantastic experience with Loans.com.au. Their advisors were friendly, clear, and ensured my application was in top shape before submission, maximizing the chances of approval. I was thrilled that the entire process was completed in just one day, with settlement happening the very next day! Special thanks to Aichi and Liam for their outstanding support. Highly recommend!„

Sai P.

03 Feb 2025

Excellent communication

“Excellent communication that was timely and thoughtful. Thank you to Sharon for her help through this process.„

Bek D.

27 Jan 2025

Happy with their services and professionalism

“Brent and Tiffany have worked so hard in difficult time pressured circumstances and I am so happy with their services and professionalism. they have been respectful and empathetic with a crazy madwoman going through a settlement process and Tiffany finished the process with flying colors and success all round.„

Big M.

10 Dec 2024

Supportive, explicit and smooth

“Charlie from loans.com.au was incredibly helpful throughout the process of refinancing my home loan. In fact, I cannot fault any of the team members who I engaged with. Every interaction was supportive, explicit and smooth. The process was faster than I expected, and I am really happy with their competitive rates. I will be recommending this company to others!!„

Roxanne P.

09 Dec 2024

Fast and easy

“Jasmin was very professional and easy to deal with. She gave us confidence from day 1 and was very helpful and met everything that we could have hoped for in a broker. I would recommend Loans.com.au to anyone who is wanting finance. Everything was fast and easy. love their work„

Madilaine S.

03 Dec 2024

Professional

“I can highly recommend Sharon from Loans.com.au for her professionalism with our loan. Sharon was a delight to deal with.„

D&M W.

02 Dec 2024

Our Google rating

4.5 469 reviews

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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 start enjoying the benefits of your low-rate car loan!

Apply Online

How it works

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.

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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

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Low rate car loan eligibility

Car hunt and budget with confidence with pre approval

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Refinance car loans

Variable Car Loan
Used < 5 years old

Why choose an award winning low-rate car loan?

Work out your car loan repayments

Your loan details

Variable Car Loan - Used < 3 years old