Found a used car and love it?
You’ll love our low rate car loan too!
Multi-award winning
Used Car Loans
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Available for Used Cars up to 5 y/o -
Redraw up to $5,000/day for variable rates
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Up to 7 year loan term
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Variable rate adjusts with interest rate changes
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Get Preapproved to confidently secure your car financing
Why choose an award winning low-rate car loan?
Approval within 24 hours~
Apply online and if you qualify, you’ll know your budget to find your new car.
From 3 to 7 year loan term+
Enjoy the flexibility of 3 to 7 years loan term, and you decide if you pay weekly, fortnightly or monthly.
$5,000 to $150,000
We offer car loans from as little as $5,000 to get you on the road in the right car for you.
Fixed or variable
Choose either a low rate variable loan and redraw up to $5,000 per day, or a low rate fixed loan.
A low rate car loan that looks just like this
Here’s your new offer
Rates
Variable
Used < 3 years
Used < 5 years
Interest Rate:
7.39% p.a.**
7.39% p.a.**
Comparison Rate:
8.52% p.a.*
8.52% p.a.*
Fixed
Used < 3 years
Used < 5 years
Used 6-7 years
Used 8+ years
Interest Rate:
7.59% p.a.**
7.69% p.a.**
8.99% p.a.**
12.69% p.a.**
Comparison Rate:
8.72% p.a.*
8.82% p.a.*
10.12% p.a.*
13.80% 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
$172 per week#
The weekly repayment estimate is based on a $45,000 loan over 7 years at 7.39% p.a. paying variable rate.
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).
Variable
Interest Rate:
Comp Rate:
7.39% p.a.**
8.52% p.a.*
Fixed
Interest Rate:
Comp Rate:
7.59% p.a.**
8.72% p.a.*
Flexible loans
Approval within 24 hours~
Borrow from$5,000 to $150,000
Easy online process
Access your account via Smart Money app
Frequency
Weekly, monthly or fortnightly
Estimated repayments
$172 per week#
The weekly repayment estimate is based on a $45,000 loan over 7 years at 7.39% p.a. paying variable rate.
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).
“I was updated along the track and it all turned out perfectly. I would certainly recommend loans.com.au to other car buyers.”
Sienna
Car loan customer
As seen on...
Used Car Loan FAQs
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.
How to buy a car from a private seller
Buying a car privately, or from a private seller, offers great perks like better prices, a larger range of options, and more room to negotiate. If you’ve found your perfect car but it’s being sold privately, don’t fret! Here’s how to buy a used car privately.
Guide to Buying a Used Car
Navigating the used car market can be daunting. There's always that risk of accidentally buying a lemon. But often, the opportunity to snag a great deal is too good to refuse. If you want to save thousands and find a good second-hand car, you need to be prepared.
What happens if you trade in a car under finance?
There are various ways you can go about trading in your car with a loan. The best course of action depends on your current loan and your car’s trade-in value.
Know these Red Flags Before Buying Used Cars in Australia
Should you buy a used electric car?
What should I know about trading in my car?
5 signs its time to trade in your car
How to maximise your car's resale value
Should you trade in your old car when buying a new one?
5 tips that will help you sell your car sooner
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