iSmart Finance Group
Vehicle Finance

Car Loans

Drive away in your dream car with competitive finance options. Fast approval, flexible terms, and rates you'll love.

Car Loan Calculator

$

A balloon reduces monthly payments but requires a lump sum at end of term

Monthly Repayment
$593.89
Total Interest
$5634
Total Cost
$35634

*Calculator provides estimates only. Actual rates and repayments may vary based on your circumstances.

Car Finance Options

New Car Loans

From 5.99%

Finance your brand new vehicle with competitive rates and flexible terms up to 7 years.

Lower rates for new vehicles
Terms up to 7 years
No deposit options available

Used Car Loans

From 6.49%

Great rates on quality used vehicles. We finance cars up to 12 years old.

Finance vehicles up to 12 years old
Private sale and dealer purchases
Flexible deposit options

Novated Lease

Tax Benefits

Salary sacrifice your car payments and save on tax through your employer.

Pre-tax salary deductions
GST savings on purchase price
Running costs included

Chattel Mortgage

Business Use

For business use vehicles. Claim GST credits and depreciation benefits.

Claim GST on purchase
Depreciation tax benefits
Balloon payment options

Secured vs Unsecured Loans

Secured Loan

The car is used as security for the loan. If you default, the lender can repossess the vehicle.

Lower interest rates (typically 1-3% less)
Easier approval for higher amounts
Longer loan terms available
Car can be repossessed if you default
Best for:Most borrowers seeking the lowest rates

Unsecured Loan

No asset is used as security. The loan is based purely on your creditworthiness.

No risk of losing your car
More flexibility with car sales
No PPSR registration required
Higher interest rates
Best for:Excellent credit or smaller loan amounts

Car Buying Tips

Negotiate the Price

Always negotiate - dealers expect it. Research comparable prices online first.

Check the History

For used cars, get a PPSR check and mechanical inspection before buying.

Consider Running Costs

Factor in fuel, insurance, registration, and maintenance costs.

Review Warranty

Understand what's covered and for how long. Extended warranties may be worth considering.

Why Finance With Us?

Competitive interest rates from multiple lenders

Fast approval - often same day

Flexible loan terms from 1 to 7 years

No ongoing fees with most lenders

Fixed or variable rate options

Finance for private sales and dealerships

How It Works

Step 1

Get Pre-Approved

Know your budget before you shop. Pre-approval is free and takes minutes.

Step 2

Find Your Car

Shop with confidence knowing exactly what you can afford.

Step 3

Final Approval

We finalize your loan once you've found the perfect vehicle.

Step 4

Drive Away

Funds are released to the seller and you drive away in your new car.

Frequently Asked Questions

What do I need to apply for a car loan?

You'll need proof of identity (driver's license or passport), proof of income (recent payslips or tax returns), bank statements, and details of the vehicle you want to purchase. We'll guide you through the exact requirements.

Can I get a car loan with bad credit?

Yes, we work with specialist lenders who consider applications from borrowers with less-than-perfect credit. While rates may be higher, we can often find a solution. The better your deposit, the more options we have.

Should I get a secured or unsecured car loan?

Secured loans (where the car is collateral) typically offer lower rates. Unsecured loans don't use the car as security but have higher rates. For most borrowers, a secured loan is the better option.

Can I pay off my car loan early?

Most car loans allow early repayment with no penalties. Fixed rate loans may have break costs. We can help you find a loan with flexible early repayment terms if this is important to you.

How much can I borrow for a car?

This depends on your income, expenses, and credit history. Generally, lenders look at your ability to repay the loan comfortably. As a guide, car repayments shouldn't exceed 10-15% of your take-home pay.

What is a balloon payment?

A balloon payment is a lump sum due at the end of your loan term. It reduces your monthly repayments but means you'll owe a final payment. You can refinance the balloon, pay it off, or trade in the car.

Ready to Hit the Road?

Get pre-approved today and shop with confidence. Our car loan experts will find you the best deal.