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Loan amount:
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Our car loan interest rates

Loan reasons
Rate type
Car Loan Interest Rate Comparison Rate Weekly Repayment Product Features Details

Green / Electric Car Loan

Variable Discounted rate on qualifying electric cars Redraw up to $5k/day
6.09% p.a. 7.21% p.a.  $165
  • Discounted rates for Home Owners
  • Up to 7 year loan term
  • Variable rate adjusts with interest rate changes
  • Fast approval times
  • Get Preapproved to confidently secure your car financing
  • Access your account via Smart Money app
Get started

New / Demo - Special

Variable Demo vehicles acceptable up to 5000 kms Redraw up to $5k/day
6.24% p.a. 7.36% p.a.  $166
  • Discounted rates for Home Owners
  • Up to 7 year loan term
  • Variable rate adjusts with interest rate changes
  • Fast approval times
  • Get Preapproved to confidently secure your car financing
  • Access your account via Smart Money app
Get started
#Based on the dollar value in the search field with P&I repayments based on a 7-year loan term, not including monthly fee and balloon payment.
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Work out your car loan repayments

Use our car loan calculator to estimate what your monthly repayments could be.

Your loan details

Reason for loan
Loan term
Rate type
%
Most Popular

New / Demo - Special

Variable Demo vehicles acceptable up to 5000 kms Redraw up to $5k/day
Get the keys to your dream new car with these low rate car loans!

Interest rate
6.24% p.a.
7.36% p.a.

Estimated repayment#
$662.57 per month
Total principal paid
$45,000
Total interest paid
$9,668

Get the keys to your brand-new car

Join our other customers

5 Star rating!

Highly recommended using them to my friends and family and to all reading the reviews. To all the team outstanding and thankyou for your help.

Lee P.
28 Oct 2024

Very helpful to solve my problems

I am very happy with the simple products that loans.com.au. Sharon was the lending manager who assisted me through the application. Sharon was very helpful to solve my problems and get the loan approved.

Alan X.
15 Oct 2024

Quick and painless experience

Really quick and painless experience getting a loan approved for my new car. Matt was great, professional demeanor, friendly and eager to help.

Commander C.
15 Oct 2024

I felt understood and valued

Ai Chi Hinh is an outstanding professional who genuinely cares for her clients. Her ability to listen and her problem-solving skills are truly commendable. I am grateful for her support and expertise during a challenging time.

Heather E.
10 Oct 2024

Could not recommend them enough

Kimberley was wonderful, very informative, and patient. Communication was on point and all-around professional and friendly throughout the process.

Jillian G.
14 Sep 2024

Got what I needed very quickly

Great rates, easy to use, simple process. Got what I needed very quickly

Lachlan J.
12 Sep 2024

I highly recommend this lender

I switched my home loan from a big bank to Loans.com.au and was pleasantly surprised by their competitive rates and sleek web banking platform.

Alex A.
02 Sep 2024

More than exceptional

My experience with loans.com.au was more than exceptional. Ray was nothing short of amazing throughout this process. I highly recommend loans.com.au!

Matthew P.
23 Aug 2024

Very professional and polite

This is a very good organization. Less than a week turnaround, and they were very professional and polite. I recommend this business.

Drew D.
19 Aug 2024

Easy application process

By far the best lender I've ever dealt with. Sooooo much better than any of the big 4. Easy application process and great customer service.

Lisa S.
16 Aug 2024

Highly recommended

It is great experience working with Sonia from Loans.com.au. She is very knowledge, good communicator, follow up and responds quickly which helped to get the approval in few days exceeding my expectation.

Rajesh M.
29 Jul 2024

Very Happy with Jessica's service

Very Happy with Jessica's service so far. She is knowledgeable and efficient, and always available to answer my questions. The portal is also very easy to use. Thank you.

Cristina R.
09 Jul 2024

Our car loan application process

1
Application

Application

Simply fill out your car 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.

2
Goodbye paperwork

Goodbye paperwork

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.

3
Speak to specialist

Speak to specialist

You will then have an appointment with one of our lending specialists to organise your preliminary approval of your loan, and help you progress through the car loan approval process through to settlement as quickly as possible.

4
Signing document

Signing document

Check onTrack to received your final approval, mortgage documents and loan agreement. You must sign these and return them in to onTrack, which authorises us to deal directly with your existing lender.

5
Settlement

Settlement

Your loan will settle so you can make payment to the dealer or private seller. You'll start saving with your new low rate, and get your keys to your dream car!

6
Access your account

Access your account

Once settlement is complete, we will send your login credentials to start managing your payments in the Smart Money app.

Frequently asked questions

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.

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.

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

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.

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.

Smart friends

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
View offer

Get the keys to your brand-new car

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