The Car Loan Experts
Welcome to Drive Car Loans – your trusted partner in securing fast, flexible, and affordable car finance across Australia.
Whether you're buying your first car, upgrading, or refinancing, we simplify the process, finding tailored loan options that fit your needs and budget.
Some of the lenders we work with
Some of the lenders we work with
Why should I finance my car through drivecarloans.com.au?
Financing a car is a big decision. We make it simple and beneficial by offering flexible options tailored to suit individual financial situations. Whether you're buying a new or used vehicle, we provide competitive interest rates and a variety of loan structures to help you find the right fit.
Our priority is to help get you competitive finance, and into your new car as quickly and easily as possible.
Get peace of mind and drive your money further with Drive Car Loans.
Big Savings
Get the car you want without paying a cent more than you should. We compare lenders, negotiate better deals, and help you save big on interest and fees. Our goal? To put more money in your pocket — not the bank’s.
Fast and Hassle Free
No endless paperwork or confusing jargon. Just a quick, simple process that gets you behind the wheel sooner. Apply online, get matched fast, and we’ll handle the rest — easy as that.
Superior Service
We’re not a faceless call centre. You get real people who care — finance experts who listen, explain clearly, and work hard to get the right deal for you. Friendly, personal, and always professional.
Tailored Options
No two drivers are the same — and neither are their loans. We tailor finance solutions that fit your goals, lifestyle, and budget. Whether it’s your first car or your fifth, we’ll make it work for you.
Flexible Payment Plans
Life changes — your finance should be able to adapt. Choose from flexible loan terms, repayment options, and balloon payments that suit your cash flow and comfort zone. You’re in the driver’s seat.
Pre-Approval
Know your budget before you shop. With fast pre-approval, you can hit the dealerships with confidence, knowing exactly what you can spend — and what deals to chase down.
We Do the Legwork
Forget chasing banks and filling out endless forms. We do all the running around, comparing lenders and crunching the numbers so you don’t have to. You focus on the car — we’ll handle the boring stuff.
No Hidden Surprises
We keep it honest from the get-go. Clear rates, transparent fees, and zero nasty surprises down the track. What you see is what you get — that’s how it should be, right?
Local Know-How
We’re Aussie through and through — we get how you live, work, and drive. Whether you’re city-based, on the tools, or running a small business, we’ll find finance that fits your world.
Personalised Car Loans
drivecarloans.com.au is dedicated solely to automotive financing, meaning we understand the nuances of car loans and can offer expertise to make your financing experience smooth and efficient.
With a user-friendly application process and quick approval times, you can get behind the wheel faster and with less hassle.
Our team is here to guide you through every step, ensuring you find the best loan option for your budget.
Our extensive knowledge and experience in lending and the automotive sector are unmatched. We’re known for securing competitive car loans with low interest rates, thanks to our strong negotiating skills on your behalf.
Experience a seamless journey to car ownership with us!
Competitive Auto Financing with Nationwide Reach
We are accredited with a diverse range of banks and lenders, including many exclusive to the industry, giving us access to a wide variety of financing options tailored to your personal needs.
Whether you’re purchasing a new or used car from a dealer, a private seller, or at auction, we can help you secure financing for all types of vehicles used across various industries in Australia.
Our nationwide coverage means we can assist you no matter where you are, and our streamlined process saves you time, hassle, and money.
For straightforward financing with affordable rates and terms that suit your needs, contact us today!
Get Started Now
Request a complimentary car finance quote by phone or directly online.
Get Started Now!
Request a complimentary car finance quote by phone or directly online.
Car Loan FAQs
Purchasing a new car is a significant investment, requiring careful consideration of every detail, especially financing. With auto loans spanning up to seven years, securing the best deal upfront is crucial to achieving the return on investment you expect.
Our website provides in-depth information to help guide you, but we understand you may still have specific questions before proceeding. We’re here to provide answers and ensure you’re fully informed at every step. For more details or personalised support, call us on 1300 000 000 or make an enquiry through our contact page.
What is a Car Loan?
A car loan is a financing option to help you buy a vehicle by borrowing funds from a bank or financial institution. You repay this loan in monthly installments over a set term with interest.
Who Can Apply?
Eligibility: Salaried, self-employed, or business professionals are typically eligible. Each lender may have specific income, age, and employment criteria.
What Documents Are Required?
Essential Documents:
> Identity Proof: Passport, etc.
> Address Proof: Utility bills, Passport, etc.
> Income Proof: Salary slips, tax returns, or bank statements.
> Other Documents: Completed application form and recent passport-size photos.
How Do Interest Rates Work?
Interest rates vary based on the lender’s terms, your credit score, loan tenure, and income. Rates can be fixed (steady across the term) or floating (fluctuates with market rates).
What Are Loan Term Options?
Car loans generally range from 1 to 7 years. Choose a tenure that balances manageable monthly payments and total interest costs.
How Can I Improve My Loan Approval Chances?
Improving your credit score, maintaining a stable income, and saving for a higher down payment can increase your loan approval chances. A good credit history often leads to better interest rates and terms.
Can I Trade In My Old Car When Applying For A Loan?
Yes, many lenders allow you to trade in your old car as part of the financing arrangement. The trade-in value can be used as a down payment, reducing the total loan amount and potentially lowering your monthly repayments.
Is Prepayment Allowed?
Yes, most lenders allow prepayment, often with a small fee. Confirm prepayment terms with your lender before signing.
Can I Get 100% Financing?
Some lenders offer full financing based on your creditworthiness and eligibility, although most loans cover 80–90% of the car’s on-road price.
How Long Does Approval Take?
Loan approval timelines vary by lender but usually take 1–5 days. Ensure you submit all required documents for quicker processing.
What's an EMI?
An EMI (Equated Monthly Installment) is the monthly amount you repay to the lender. It includes both principal and interest.
Are There Any Tax Benefits?
Tax deductions on car loans are generally available only for business purposes. Speak with a tax advisor to understand your eligibility.
What Is A Balloon Payment?
A balloon payment is a lump sum due at the end of the loan term, reducing monthly payments during the term but requiring a final payment. It can be useful if you’re expecting future funds or prefer lower monthly payments.
Can I Apply For A Loan If I'm Self-Employed?
Yes, self-employed applicants are eligible for car loans. Lenders typically require recent tax returns, bank statements, or financial statements to verify income.
Compare loans and save. Get your free quote today
DriveCarLoans is your go-to for car financing, offering affordable rates on new and used vehicles. Explore our informative resources to help you make confident decisions.
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