Car loans made clear.

A car loan can help you buy the vehicle you need without paying the full price upfront - whether that's your first car, a family upgrade, or something a bit more fun. It works for new and used cars, and you pay it back over time in regular repayments.

It depends on your income, your existing debts, your credit history, and what you can comfortably afford to repay. Our lenders offer car loans from around $3,000 up to $250,000 or more - we'll match you with one whose limits suit your situation. Subject to lender criteria and approval.

Your rate is personalised. It's based on things like your credit history, the loan details, and the car itself - new cars often attract lower rates than used ones. You can see the current rate range in the Loan Information section below and use the calculator to get a feel for repayments (a guide only until we assess your application). 

Car loans usually have an establishment fee and an introducer fee. Some lenders also charge a PPSR fee or ongoing account fees. We'll spell out every fee before you go ahead, so there are no surprises. Full fee details, including a worked example, are in the Loan Information section below and in your loan contract. 

Car loan terms typically range from one to five years, depending on the lender and what suits your budget. A longer term means smaller repayments, but more interest over the life of the loan. 

It varies, but with all your information in, approval can be same-day. Once you're approved and everything's signed, funds are often available the same or next day, depending on the lender. Approval is subject to meeting lending criteria, and an affordability test applies.

When you start an application, we run a soft credit check to size up your options - and a soft check doesn't affect your credit score. It's only if you go ahead with a lender, and they run a full credit check, that it's recorded on your credit file and may affect your score. Applying with several providers can mean several checks. 

Yes, in most cases you can make early or lump-sum repayments, which can reduce the total interest you pay. Some lenders charge an early repayment fee, so it's worth checking your loan contract before you go ahead. 

Get in touch with your lender as soon as you can - the earlier the better. Missing a repayment may mean fees and could affect your credit score, so keeping the lines open is the most important thing. Lenders can often work something out if they know early. 

Usually, yes. Most car loans are secured against the vehicle you're buying, which can help you get a better rate. Some lenders offer unsecured options too. Which one suits you comes down to your situation - we'll talk you through it. 

Yes. If your circumstances have changed, refinancing could help - for example, adjusting your repayments or reviewing your rate. It's worth being clear on what you want to achieve first, as refinancing can extend your loan term and savings aren't guaranteed. We can talk through whether it makes sense for you. Subject to approval and responsible lending checks. 

In some cases, yes - you may be able to finance the full purchase without a deposit. It depends on the lender and your situation. Subject to lender criteria and approval. 

Yes - being self-employed doesn't rule you out. Lenders will usually want to see proof of income, like bank statements or financial records, to understand what you can comfortably repay. We'll let you know what's needed.

Yes. One Partner Ltd (FSP403346), trading as better finance™, holds a Class 2 Financial Advice Provider Licence issued by the Financial Markets Authority. So you're dealing with a licensed, regulated business.