Showing results for

Apply for Car Finance

Personal loans for

Trusted by thousands of Australians

The Morning Show The Morning Show

Award winning lender

Award winning lender

Winner of Canstar's Innovation
Excellence Award 2022*

Winner of Canstar's Innovation Excellence Award 2022*

Estimate your

Find out how much your repayments and
interest rate could be with our calculator


Monthly repayment from


Example interest rate

9.20 %

Comparison rate*

10.58 %

Total charges


Total repayments


Disclaimer: This calculator provides an estimate only and a comparison rate based on the example information provided. Other fees, costs and charges are not included. This calculation is not an offer for credit. The amount you can borrow may vary once you complete a loan application and all the details relevant to our lending criteria are captured and verified. The interest rate for this product is variable and subject to change. Any calculations made by you using this calculator is intended as a guide only.

Apply for Car Finance

If you want your car for the long haul, the best thing to do that will make the most sense is to apply for car finance. In fact, there are many ways to apply for car finance in Australia if you can’t purchase a car upfront in cash. Some buyers borrow money using personal loans for cars; others prefer to get a vehicle loan through a credit card, while others even borrow money from friends and family. 

When you have already narrowed down your options and are finally convinced to apply for car finance, choose MONEYME. With us, applying for auto financing is like a walk in the park. We offer a line of credit called Freestyle Virtual Credit Card that could be your best option for a vehicle loan. Once approved, your money can go straight to your account within minutes only. What makes our virtual credit card the smartest option is that it offers credit limit of up to $20,000 backed by competitive interest rates, auto-reminder to prevent missed payments, and up to 55 days interest free on purchases. Here at MONEYME, we make car financing an exciting, fast, and hassle-free journey.

How does car financing work?

When you apply for car finance, a lender gives you money to purchase the car of your choice. Depending on the signed terms and conditions of both parties, you are tasked with making monthly or fortnightly repayments over an extended loan tenure instead of paying the car’s entire value upfront. This repayment is usually accompanied by the lender’s interest, fees, and charges. Usually, the lender remains the legal owner of the car until the borrower is finally able to completely finish the repayments, like in secured car loans where the car serves as the collateral or security for the lender. In an unsecured car loan, there is no collateral needed, but it usually comes with higher interest rates and fees than a secured loan.

At MONEYME, you have a lot of great car finance options to choose from. Our unsecured car loan is designed to help you get on the road in a new set of wheels faster. With our advanced tech-driven platform, our customers’ loans are widely available for fast online approvals and quick cash transfers for balances up to $50,000. By simply filling out our online form, we can quickly verify and give you approval within a day. 

What factors should you consider when applying for car finance?

Before considering to apply for car finance, consider these six factors to land yourself a good deal:

Credit score

Your credit score is a pivotal factor in determining if you’re eligible for a car loan application and, of course, in getting approval. According to Experian, a credit score between 625 and 699 is good, while in Equifax, your credit score should lie between 622 and 725 to be considered good.

Nonetheless, you can still secure car loan deals as there are many lenders out there who specialise in easy car finance for buyers with bad credit scores. However, keep in mind that this financing also typically comes with higher interest rates and other charges than car loan rates for borrowers with good to excellent credit. 

Interest rates across all lenders

The interest rates per car finance company vary. So when you apply for car finance, making a comparison between every car loan offer from different lenders will help you get the best car finance deals. If you have an existing loan with a bank, try to first check with them about their car loan offers, if any. Then, you can also shop around for online lending marketplaces to see if they provide better interest rates for your financial situation.

At MONEYME, you can enjoy flexible repayments with no early-exit fees backed by low-interest rates from any of our loan offers. 

Foreclosure or prepayment charges

Making prepayment of your vehicle loan is a great way in reducing your interest cost. However, some lenders also impose prepayment charges whether on fixed-rate loans or not. Therefore, it is essential to choose the one that imposes the least restrictions and charges on your loan repayments. 

At MONEYME, we have no early-exit fees, so if you have extra cash and want to speed up your loan repayments, you can do so free of charge.

Loan term length

If you want to apply for car finance, loan term length should be carefully chosen. Depending on your financial situation, a short loan term could help you avoid huge interest rates while a longer loan term, which for some may be easier to comply with, poses higher interest rates. 

MONEYME offers loan terms of one to five years, so you can select one that suits your needs.

How to apply for car finance?

At MONEYME, applying for car finance is a quick and easy process. First, you’ll need to fill out our online application form. Then, we’ll run a credit check and assess your eligibility. We will also need read-only access to your most recent bank statements. 

Once we have all the necessary information, we will give you a decision in as little as 60 minutes. If you are approved, we will send you the funds within the same day.

As we offer numerous benefits like flexible repayments with no early-exit fees, huge loan amounts from $5,000 to $50,000, and approval within a day after applying online, we have become one of the leading and trusted online lenders in Australia. 

Planning to get a loan today? Install our mobile app and let’s start exploring options. 

Our customers

Apply for Car Finance

Fast, fair and easy. Very happy customer. Happy to get another loan in the future from MONEYME.

Simple process, easy to follow application, quick response time and good support.

I was impressed with how easy and quick the application was. Very happy with their customer service, and the app is very convenient.


Review Stars Out of 2,701 reviews

View more

Transparent and
simple pricing

Interest rate

9.20 %
to 25.20 %

Comparison rate*

10.58 %
to 26.58 %

Establishment fee
(Direct applications)

$395 for loans between $5,000 and $15,000

$495 for loans between $15,001 and $50,000

Monthly fee


Loan terms

Minimum 3 years

Maximum 5 years

Early exit fees


Ready to get

Won’t impact your credit score!
Won't impact your credit score!

Personal Loans are running hot!

55 people in the last 24 hours have applied

Freestyle is running hot!

55 people in the last 24 hours have applied

Debt Consolidation is running hot!

55 people in the last 24 hours have applied