Car loans

Looking for fair finance for your new wheels? Low rates, early repayment options, and no surprises. Only at better - tools to pay your loan off faster and save on interest. That’s better.

6.95% - 10.95% p.a.

Interest Rate Range - disclaimer: The actual interest rate charged to you will depend on your personal circumstances, the type of lending required, the security provided and is determined by the lender. Standard lending criteria, terms, conditions and fees apply, including an establishment fee of up to $995 applies.

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Our benefits

The better way to get on the road

Low Fixed Interest Rates

From the least to the most you could expect to pay, we tell you straight away. No hidden rate ranges. No surprises.

$0 Deposit Finance

No deposit needed to get you on the road. Secure finance with zero deposit and get the car you keep dreaming of.

Save On Interest Costs

The better way - Make lump sum payments when it suits you. Pay off your loan faster and save interest. That’s better borrowing.

We’re minutes fast.
We keep it breezy

We built our approach with you, and your time, in mind. If you’re looking for a fast approval decision, we can have an answer in minutes. Plus, at better there’s no need to email bank statements or copies of your ID - our smart tech does the work for you, saving you time and hassle. From our quick three-minute application, right through to transferring the funds, we’ve got your time in mind.

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We add the
personal touch

We hand-picked our 20+ team with some important attributes in mind: experts at structuring loans for individual needs (of course), and folk that love chatting with customers, to get to the heart of what will work for their specific needs.

 

When you apply with better, you’ll get a call from one of the team to talk through your needs and discuss your personalised rate. It doesn’t take long, but in our book, it’s the most important step in making sure you get the best out of better lending.

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We champion
better-borrowing

We took a good look at lending, and came up with something better.

Like to pay off your car loan faster? We’ve designed loan features to help you do just that. Like to know what you’re signing up for with no hidden surprises? That’s how it should be. And like to put your money on principle and interest, not a long list of ongoing fees? We agree – there’s no ongoing fees with better; not one.

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Have a question or two?

Being better informed makes for better decisions.
Check out our handy FAQs and get in touch if you’d like to know more.

What can we help
you make happen?

Big goals, personal possibilities and everything
in between. How can we help you?

  • Apply in three minutes
  • Fast application decisions
  • Smart loan features to help pay off debt faster
  • No deposit finance available
  • Leading low interest rates and no surprises
  • Funds transferred in less than 24 hours
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FAQ

Car loans – the details

Being better informed makes for better decisions. Have a question or two? Check out these helpful FAQs or get in touch with the team.

What is a vehicle loan?

Vehicle loans can be used for all types of reasons, whether it is financing the purchase of a motorbike, car, carvan, campervan, boat or even a jetski. 
A vehicle loan could also be using an existing car you own to utilize the equity within your vehicle to borrow against and achieve a must lower interest rate than a personal loan.

How does a cashraise work?

Cashraising is where you use a vehicle that you already own, and us it as security for your loan to achieve a much lower interest rate, compare to an unsecured loan. Think about it like a mortgage but secured against a car, motorbike, boat, jetski or even commercial vehicles.

Can I pay off my vehicle loan early?

Yes, here at better we are proud of the tools we have to offer to help our clients pay off their debt faster and get debt free earlier. 
Some lenders will have fees and charges within their loan contracts if your loan is repaid before the term of the loan. So check the fine print before signing your contract.

Can I get a vehicle loan if I have poor credit history?

Bad credit can seem like a burden when trying to get approved. A vehicle loan does help mitigate some of the risks from a lender when providing finance as there is collateral to claim against if the loan is unpaid.
Although being offered finance is not a given, a vehicle loan does open more options when there is a vehicle to use as security. 

Can I refinance an existing vehicle loan?

Yes. You can refinance your loan to a different lender even if you have finance secured against a vehicle. 
Refinancing can be a good option to reduce your annual interest rate, saving you money in the long run and helping to pay off your debt faster.
Make sure you consider fees to repay your existing debt early, and any additional fees in securing the new finance.

Have a question? We’re here to help

Our 20+ strong team are better-borrowing champions – we’re for any questions, big or small.

Or request a call here:

One of the team will call you asap within business hours

1.* Rates of 6.95% subject to lending criteria and eligibility. 1 hour approval and same-day payout subject to the applicant meeting the lending criteria and supplying all the required information to process the loan application.
2. Our lender will independently assess whether you are eligible for a loan. We don't provide advice on whether a particular car loan offered by a lender is suitable for you.