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Car Loan


Car loans which are secured by the car itself is known as a 'Secured Loan'. The interest rate will often vary depending on the age of the car, as new cars are regarded as being better security.

Some lenders have restrictions on the age and/or value of cars that can be financed with a car loan and they are often available only for newer used or new cars.

Those who don't qualify for a car loan may be able to use an unsecured personal loan, though this carries a higher interest rate. Loanstoday can help you organise a secured or unsecured personal loan quickly getting that car sooner!

Interest Rate

Personal loans are each assessed individually and given a credit score that determines the rate.


Loan repayments are usually split accross the life (term) of the loan. You can choose a loan term between 3 and 7 years. To reduce how much you pay in interest it is recommended you choose a shorter loan term.


We have both Secured and Un-secured loans. Secured loans generally have lower rates and are secured against an unincumbered vehicle.

Other Conditions

Borrower has to be an Australian Citizen with a regular income. ASIC (NCCP) requirements will be applied such as serviceability calculations and verification of income and assets.