Showing results for

Best Used Car Loans

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.

Best Used Car Loans 

The skyrocketing automobile prices in Australia have prompted people to search for the best used car loans. A good number of Aussies are now buying used cars or older car models as they are much cheaper than the new ones. We at MONEYME understand that not everyone has the same financial conditions, and as such, we are here to provide reliable second-hand car finance plans for all those who need them. 

From fresh graduates in the market for a cheap and affordable daily driver, all the way to soon-to-be parents looking for spacious SUVs – MONEYME has same-day funds for just about anyone. On top of this, when you fill up our pre-owned auto loan application form, you’ll be able to enjoy a wide range of benefits you’d be hard-pressed to find anywhere else. 

Join us today and zoom into the incredible world of car loan finance. Read on to learn more about our streamlined process and client-forward terms.

How does a used car loan work? 

If you have ever keyed in something like ‘car loans used cars’ on Google, then you most probably want to know how this type of cash advance works. Understanding the concept is simple – you first take out a set amount of money, buy a great-value vehicle from a local dealer, and then make repayments over a period. 

Applying at MONEYME means that you can still have all the functionality of this traditional vehicle loan process. However, we have a number of advantages that make financing second-hand car offers much, much easier. For instance, you’ll experience an online credit decision, convenient repayments, and permanent car ownership.

  • Online credit decision. The best used car loans are those that give you a response as soon as possible. For that reason, our expert team makes sure to analyse your request efficiently and accurately. This way, if you qualify for our service, you can receive your money within the same day you applied.
  • Convenient repayments. Know that all of the car finance options at MONEYME boast a hassle-free repayment system. Here, we automatically synchronise your direct debit date with your personal salary cycle. Aside from this, we allow you to make free early deposits – whether that’s partial or full.
  • Permanent car ownership. Unlike lenders that carry secured second-hand car loans, MONEYME won’t take your vehicle as collateral if you can no longer repay your outstanding balance. Rather, we’ll review your financial situation once again and make an updated plan you’ll be able to better handle.

With our unique benefits, it’s easy to see why we have some of the best used car loans. Borrow fast funds from MONEYME today and cover the cost of practically any pre-loved vehicle. 

How is the interest rate calculated on a used car loan? 

When looking for the best used car loans, you should be thinking about how the vehicle finance terms are calculated. At MONEYME, you can have peace of mind knowing that we’ll make a comprehensive assessment before we give your interest rate, principal budget, and repayment duration. 

Instead of basing everything on your numerical credit rating, we take into account other pertinent factors. Our evaluation features an extensive checklist that considers your possible sources of income, general living expenses in Australia, and obligations from debt. As a result, we’ll know more about both the micro and macro aspects of your life. 

Since we give fair and honest decisions, you don’t have to feel apprehensive about filling up our online application form. No matter what your credit score for car loan is, we’ll be sure to compare your past and present situation thoroughly.

If our findings show that your current status has improved, then we’ll give you your used car finance rates. Similarly, we’ll let you enjoy a principal budget of $5,000 to $50,000 as well as a repayment term that lasts one to five years. 

Note that the initial terms given to you may also improve over time. Just show us positive borrowing behaviour (i.e. paying your outstanding balance on time) and we’ll reward you accordingly. 

Apply at MONEYME today and get the best used car loans for your specific lifestyle!

How to apply for a used car loan?

There aren’t a lot of requirements when it comes to our premium service. All it takes is following three easy steps and you’ll be buying a vehicle with the best used car loans on our platform. 

  1. First, verify your eligibility for our auto car finance offers. To do this, simply make sure that you are a registered resident in Australia, currently generating income from employment, and at least 18 years old.
  2. Afterwards, through our website or mobile phone app, load up our online application form. Fill up all the required data fields by sharing your preferred terms and typing down some standard contact information. 
  3. Lastly, submit your request and allow our expert team to make a comprehensive assessment. Once we have approved your loans for used cars, wait for us to transfer the money into your savings account. 

That’s all there is to it – now you can pay for your ideal pre-loved car deal.

Want an estimated quote before you apply? Just take advantage of our intuitive used car financing calculator. With this free tool, you can quickly input the terms you want and then view your monthly repayments in seconds. 

Apply now to experience our reasonably priced fees and charges. Join us today at MONEYME and effortlessly get a car loan!

Our customers

Best Used Car Loans

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