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Car loans compared across 40+ lenders
New or used, from a dealer or a private seller, we compare car loans from 40+ lenders and recommend the one that fits your budget, with the rate, fees and repayments in writing before you commit.
Everything is done by phone, email and e-signature, so it works the same wherever you live in Australia.
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My Finance Hub | Indicative options from our lender panel
Your Matched Options
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My Finance Hub Pty Ltd (CR: 553769) | ACL: 486112 | 101 Moray Street, South Melbourne Vic 3205
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Getting a quote won't affect your credit score. Quotes are indicative only. We don't run a credit check unless you decide to apply and give your consent. Final rates, fees and approval depend on the lender's assessment.
Car loan options
Secured car loan
The car is used as security for the loan, which usually means a lower rate than an unsecured loan.
Unsecured personal loan
Useful for older cars or when you'd rather not use the car as security. Rates are usually higher.
Balloon payment
A lump sum at the end of the term lowers your regular repayments. You'll need a plan to pay or refinance it when it's due.
Electric and hybrid cars
Some lenders offer discounted green car loan rates for eligible electric and hybrid vehicles.
What affects your rate
- Your credit history and how you've managed past debts
- Your income, employment and existing commitments
- The size of your deposit, if any
- The age and price of the car
- The loan term and whether you choose a balloon
Getting the right rate
Lenders price car loans differently, so the same borrower can be offered quite different rates. We compare the options for your situation and show you the rate, fees and repayments in writing before you decide. Use the quote tool above for an indicative idea first. It won't affect your credit score.
What you'll usually need
- Driver's licence
- Recent payslips or proof of income
- Recent bank statements
- Details of the car or the dealer invoice
How it works
- Quote: call 0424 777 688 or use our online quote tool.
- Compare: we check 40+ lenders and put the rate, fees and repayments in writing.
- Documents: send what the lender needs by email.
- Sign and settle: you sign electronically and the lender pays the dealer, seller or you directly.
FAQs
Will getting a quote affect my credit score?
No. The quote tool gives you indicative options without a credit check. A credit check only happens if you decide to apply and give your consent.
Can I get a car loan for a private sale?
Yes. Many lenders finance private sales. They check that nothing is owing on the car and pay the seller directly once the loan settles.
Can I get pre-approval before I choose a car?
Often, yes. Pre-approval tells you how much you can borrow so you can shop with a clear budget.
What credit score do I need for a car loan?
There's no single cut-off. Each lender sets its own criteria, which is why comparing across 40+ lenders matters if your credit history isn't perfect.
Does it cost anything to use you?
We may charge a broker fee, and we receive commission from the lender. Both are set out in your quote and our Credit Guide before you go ahead.
Car loans across Australia
Related finance
General information only. It doesn't take into account your objectives, financial situation or needs. Credit criteria, fees and charges apply. My Finance Hub is a Credit Representative (553769) of Purple Circle Financial Services (Australian Credit Licence 486112).