Car Loans

Drive away with a competitive car loan rate whether you are buying new, used, or upgrading. Pre-approval available from over 20 lenders.

Australians finance over 50% of vehicle purchases, yet many accept dealer finance without comparing alternatives. Dealer finance margins can add thousands to your total cost over the loan term. We access wholesale car loan rates from specialist lenders, banks, and credit unions so you walk into the dealership with approved finance and full buying power.

Why Choose Us

New & Used Vehicle Finance

We offer competitive rates on vehicles up to 15 years old at the end of the loan term. New car rates start from 5.49% and used car rates from 5.99% depending on the lender and your profile. Rates are indicative only, subject to lender criteria and individual assessment. Contact us for a personalised quote.

Novated Lease Arrangements

A novated lease lets you salary package your vehicle costs including fuel, insurance, registration, and maintenance. We calculate the after-tax savings compared to buying outright or via a standard car loan.

Balloon Payment Options

Reduce your monthly repayments by deferring a lump sum (balloon) to the end of the loan. We help you decide whether a balloon payment makes sense or simply delays the cost.

Broker vs Dealer Finance

A broker can help you compare finance options from multiple lenders, giving you a clearer picture of what is available before making a decision.

Pre-Approved Car Loans

Get approved before you shop so you can negotiate the vehicle price as a cash buyer. Pre-approval is valid for up to 90 days and gives you a clear budget to work with.

Electric & Hybrid Vehicle Finance

Some lenders offer discounted rates for electric and hybrid vehicles. Combined with the Fringe Benefits Tax exemption on novated leases for EVs, the savings can be substantial.

General Advice Warning: The information provided on this page is general in nature and does not take into account your objectives, financial situation or needs. You should consider whether it is appropriate for you before acting on it.

How It Works

1

Budget & Vehicle Assessment

We discuss your budget, the type of vehicle you want, and whether a loan, lease, or novated lease is the best structure for your tax and cash flow situation.

2

Rate Comparison & Pre-Approval

We compare rates from over 20 vehicle finance lenders and secure pre-approval so you know your maximum spend and exact repayment amount before visiting a dealer.

3

Purchase & Documentation

Once you find your vehicle, we finalise the loan documents and coordinate funding. For dealer purchases, the lender pays the dealer directly at settlement.

4

Settlement & Registration

Funds are released to the seller or dealer, and the security interest is registered on the PPSR. We confirm your repayment schedule and direct debit details.

Frequently Asked Questions

Should I get finance from the dealer or a broker?
Dealers often offer convenience at the point of sale, while brokers can provide access to multiple lenders and help you compare different finance options. Getting pre-approved before visiting a dealer can give you a clearer understanding of your options.
What is a balloon payment and should I use one?
A balloon payment is a lump sum due at the end of your car loan, typically 20-40% of the purchase price. It lowers your monthly repayments but means you owe a large amount at the end. You can pay it off, refinance it, or trade in the vehicle. Balloons work well for business use vehicles but can be risky for personal buyers if the car depreciates below the balloon amount.
Can I finance a used car or a private sale vehicle?
Yes. Most lenders finance used vehicles up to 12-15 years old at the end of the loan term. Private sale vehicles can also be financed, though some lenders restrict this to vehicles under a certain age or above a minimum value. We source lenders that accommodate your specific purchase scenario.
What is a novated lease and who is it suitable for?
A novated lease is a three-way agreement between you, your employer, and a finance company. Your employer makes lease payments from your pre-tax salary, reducing your taxable income. Running costs like fuel, insurance, and servicing can also be included. It is most beneficial for employees in higher tax brackets driving newer vehicles. Since July 2022, electric vehicles on novated leases are exempt from Fringe Benefits Tax.
How much deposit do I need for a car loan?
Most car loans do not require a deposit, and you can finance 100% of the vehicle purchase price. However, contributing a deposit reduces your loan amount, lowers your repayments, and may help you qualify for a better interest rate. A trade-in vehicle can also serve as your deposit. We assess your situation and advise on the optimal deposit amount.
Google Reviews

What Our Clients Say

Real reviews from real clients across Australia

"We would like to thank Stephen and Jeng so much for their assistance and support in our refinancing process. The team were proactive and always available to help."

GR
Ganga Rai Jones
Dec 2025

"Stephen's professionalism, attention to detail, and genuine care made the entire mortgage process smooth and stress-free. He secured us the best rates when our first bank delayed."

PN
Pooja Naidu
Nov 2025

"Damien and Jeng were amazing to deal with! They helped us refinance our home loan so we could get our renovations underway. The process was easy and stress-free."

NT
Nigel Taylor
Nov 2025

"Damien was efficient and friendly. In a blink of an eye he got me from point A to B."

JS
Jenny Searle
Nov 2025

"Damien was very helpful, easy to communicate with. Kept me informed all the way and successfully refinanced my mortgage with a much better deal."

T
Tozano
Oct 2025

"Stephen and his team are highly recommended; my SMSF lending case was a complex one, but Stephen found some options. Great communication and responsiveness throughout."

SG
Scott Giffen
Sep 2025

"Damien from Manage Your Loans was fantastic in every step of our refinancing. Always available on the phone whenever questions needed to be answered."

MC
Matthew Campton
Sep 2025

"We were very impressed with the support we received during our home loan process. Damien's expertise and professionalism stood out."

SS
Suraj Subramani Vineet
Sep 2025

"Stephen was great throughout the whole process. He kept me up-to-date and informed the entire time."

MH
Manda H
Aug 2025

"Stephen Vider from Manage Your Loans helped me greatly through the refinance process. He was very transparent throughout."

BS
Brendan Smith
Jun 2025

"Ben was absolutely friendly and made the entire refinancing process completely stress-free for us. He took the time to understand our needs."

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Pourya Pazandeh
May 2025

"We gave Damien from Manage Your Loans a complex challenge as we were refinancing 3 separate mortgages on two properties. He completed the intricate case successfully."

ML
Michael L
Mar 2025

"Great service, MYL managed to get a better deal from the same bank! A must go for your home loan."

TT
Thomson Tam
Oct 2024

"Damien was a pleasure to deal with. Walked me through the whole process. Made everything very simple."

ML
Marco Loprevite
Sep 2024

"We wish to acknowledge the outstanding service we experienced throughout the refinancing process. Damien's professionalism and industry knowledge were remarkable."

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NikoD
Aug 2024

"Amazing! Debra and the team took exceptional care of us while getting a home loan for our first home in Australia."

MH
Michael Howard
Jul 2024

"Second time around with Damien. Highly recommend him for his honesty, integrity and personalised service."

GM
Grant Maskell
Jul 2024

"The team from Manage Your Loans has been really helpful in doing my refinance to another lender. Thank you Deb, Grace and Leanne."

AG
Alvin Garcia
May 2024

"Damien was fantastic as our mortgage broker! From start to finish, he was knowledgeable, professional, and incredibly helpful."

SK
Sandeep Kappala Venkat
May 2024

"The team at Manage Your Loans were amazing. Leanne and Nathan were with me every step of the way and successfully got over the line a new loan for my Self Managed Super Fund."

JE
Janice Elsley
Feb 2024
5.0
Based on 21 Google Reviews

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