Explore Our Car Loan Options

Looking for the best car loans or car finance options in Australia? Whether you're purchasing a new or used vehicle, or buying from a private seller, Ausloans simplifies the process. We compare rates and approval criteria from over 70 banks and lenders across Australia to find your best finance option with competitive rates and flexible terms tailored to your needs. Even if you have bad credit or no deposit, we’ll match you with a loan that fits — fast.

Secured Car Loan

Lower secured car loan rates. A smarter way to finance your vehicle.

A secured car loan uses the vehicle you’re purchasing as security for the lender. Because the car secures the loan, secured car loans typically offer lower interest costs compared to unsecured options.

If you're comparing secured car loan rates, you'll usually find they’re more competitive due to the reduced lender risk.

Why choose a secured car loan?

✔ Access competitive secured car loan rates✔ Lower monthly repayments✔ Fixed rate options available✔ Loan terms up to 7 years✔ Suitable for new and used vehicles

Things to know

With secured car loans, the vehicle is tied to the loan. If repayments aren’t maintained, the lender may repossess the car.

Unsecured Car Loan

Flexible funding with no asset required.

An unsecured car loan doesn’t require you to use your vehicle as security. Approval is based on your credit profile and financial situation instead of the car itself.

Because there’s no asset backing the loan, unsecured car loan rates are generally higher than secured options. However, unsecured car loans offer greater flexibility.

Why choose an unsecured car loan?

✔ No vehicle used as security✔ Suitable for older cars or private sales✔ Flexible loan usage✔ Fast approval process

Things to know

When comparing unsecured car loan rates, expect slightly higher interest costs due to increased lender risk.