15+ Car Loan Lenders • Smart Matching

Find Your Best Car Loan in 2 Minutes

Whether you're buying new, used, or electric—our algorithm compares 15+ lenders to find your perfect match. Get approval probability and personalized rates instantly.

15+

Car Loan Lenders

5.99%

Rates from

120%

Max LVR (Asset Value)

Get Your Best Rate → See How Matching Works

🔒 Secure • No credit score impact • 100% free service

We Match You For Any Car Loan Type

New, used, electric, luxury—we compare them all

🚗

New Car Loans

Brand new vehicles from dealerships. Lowest rates, longest terms, manufacturer offers.

Rates from 5.99%

✓ Terms up to 7 years
✓ LVR up to 100% (no deposit)
✓ Manufacturer finance offers
✓ Balloon payment options

🔧

Used Car Loans

Pre-owned vehicles, private sales, dealer used cars. Up to 15 years old.

Flexible criteria

✓ Private sale or dealer
✓ Cars up to 15 years old
✓ Terms up to 7 years
✓ LVR up to 120% (on-roads included)

⚡

Electric Vehicle (EV) Loans

Tesla, BYD, Hyundai, MG electric vehicles. Specialist EV lenders available.

Green car loans

✓ EV-specific rate discounts
✓ Government incentive compatible
✓ Battery warranty considerations
✓ Salary sacrifice options

💎

Luxury & Prestige Cars

BMW, Mercedes, Audi, Porsche, Range Rover. $75K+ vehicles.

Prestige specialists

✓ Higher loan amounts ($75K-$300K+)
✓ Premium vehicle lenders
✓ Balloon/residual options
✓ European car specialists

🚙

Commercial Vehicle Loans

Utes, vans, trucks for business use. Chattel mortgage, lease options.

Business finance

✓ Chattel mortgage structure
✓ Tax-effective options
✓ ABN/business required
✓ Higher LVR for business

🏍️

Motorcycle & Recreational

Motorcycles, caravans, boats, jet skis. Recreational vehicle finance.

Specialist lenders

✓ Motorcycles (new & used)
✓ Caravans & motorhomes
✓ Marine (boats, jet skis)
✓ Terms up to 7 years

How Car Loan Matching Works

Real calculations specific to car loans

You Provide Vehicle & Financial Details

Our 2-minute assessment collects:

• Loan amount & vehicle value
• Vehicle type (new/used) & age
• Income & employment details
• Credit score & existing debts
• Deposit/trade-in (if any)

We Calculate Your Metrics

Our algorithm automatically calculates:

• LVR (Loan-to-Asset Value) - critical for cars!
• DTI (Debt-to-Income Ratio)
• Monthly Repayments (5-7 year terms)
• Vehicle Age Impact (lenders have limits)
• Loan-to-Income Ratio (some lenders cap at 2x)

✓ Car-specific calculations

Match You With 15+ Lenders

Each lender scored on:

• 30 pts - LVR Quality (car value vs loan)
• 25 pts - Income Strength
• 25 pts - Credit Quality
• 10 pts - Employment Stability
• 10 pts - Deposit/Trade-In
• +15 pts - Specialty (EV, luxury, etc.)

✓ 100-point match score

See Your Personalized Results

Results categorized by match quality:

🌟 Recommended (70%+ match)
✓ Possible (50-69% match)
? Near Matches (shows what's needed)

Each lender shows:

• Match confidence score
• Approval probability
• Your personalized rate
• Monthly payment (5yr & 7yr)
• Processing time

Try Our Car Loan Matcher →

Understanding Car Loan Metrics

What makes car loans different from home loans

🚗 LVR for Cars (Loan-to-Asset Value)

Formula: (Loan Amount ÷ Car Value) × 100

Example: $30K loan ÷ $35K car = 86% LVR

Why it matters:

<80% LVR: Best rates, all lenders, easy approval
80-100% LVR: Good rates, most lenders accept
100-120% LVR: On-roads/insurance included, rate +0.50%
>120% LVR: Very limited options

Key difference from home loans: Cars depreciate! Lenders are more cautious about high LVRs because the car loses value quickly.

📅 Vehicle Age Limits

Critical factor: Most lenders have maximum age limits!

Typical limits:

New cars (0-2 years): All lenders, best rates
Used (3-7 years): Most lenders, rates +0.50%
Older (8-12 years): Limited lenders, rates +1.00%
Very old (13-15 years): Specialist lenders only
>15 years: Usually not financed

Our algorithm: Automatically filters lenders by vehicle age. If your car is 10 years old, we won't show you lenders who max out at 7 years.

💰 Loan-to-Income Ratio

Formula: Loan Amount ÷ Annual Income

Example: $40K loan ÷ $80K income = 0.5x

Lender limits:

<1x income: Easy approval, all lenders
1-2x income: Acceptable, most lenders
>2x income: Limited lenders, requires strong credit

DTI Still Matters:

If your car loan payment + other debts exceeds 40% of monthly income, expect rate premiums or rejections.

Our algorithm: Calculates both loan-to-income AND DTI. Some lenders care more about one than the other.

Our Car Loan Lender Network

15+ specialist car loan lenders

🏦 Major Banks (Big 4 + Regional)

Commonwealth Bank Westpac NAB ANZ Bank of Queensland Bendigo Bank

Best for: New cars, good credit (650+), PAYG employment, deposit available

🚗 Specialist Car Lenders (9+)

Latitude Financial Pepper Money Liberty Financial Metro Finance Money3 Plenti +3 more

Best for: Used cars, older vehicles (up to 15 years), self-employed, credit-impaired, higher LVR

All lenders verified and actively accepting car loan applications as of October 2025. Rates and criteria updated monthly.

Real Example: Car Loan Matching

See what our algorithm shows

Example: Used Car Purchase

Loan Amount: $35,000
Car Value: $40,000 (3 years old)
LVR: 87.5%
Annual Income: $75,000
Loan-to-Income: 0.47x
Credit Score: 700 (Very Good)
Employment: PAYG - 3 years
Existing Debts: $800/month
DTI: 26.3%

✅ Algorithm Results

Recommended Lenders: 12
Top Match: NAB (88% match)
Approval Probability: 85-95% (High)
Personalized Rate: 7.29%
Rate Adjustment: -0.15% (good credit)
Monthly Payment (5yr): $698.45
Monthly Payment (7yr): $536.21
Processing Time: 3-5 days

Why this works: Low DTI (26%), good credit (700), reasonable LVR (87.5%), stable PAYG employment, newer used car (3 years) all contribute to high match scores.

Our Car Loan Guarantee

If another broker finds you a better car loan rate that our algorithm missed, we'll match it and give you $500. We're that confident in our matching technology.