Showing results for

Cheap 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.

Cheap Car Finance

When it comes to cheap car finance, everyone will go for low-interest rates and affordable monthly repayments as such features make auto loans more attractive and very affordable. If you’re looking for online loans that serve the best way to finance a car with fast approval and flexible repayment terms, then stop your search as MONEYME offers a cheap car finance option to make buying your own car hassle-free with less waiting time.

Our quick and easy online application speeds up the approval process and fund transfer, so you can buy the car of your dreams. MONEYME also makes online car financing reliable with secure and competitive interest rates for your auto loans. Enjoy a worry-free plan for car instalments and find easy new loan choices with the best car loan rates that only MoneyMe can offer.

How does car finance work?

Getting cheap car finance with manageable monthly repayments and low-interest rates is not far from reality with trusted auto finance lenders. 

You don’t necessarily have to withdraw a lump sum amount in your savings to buy a car upfront. You can avail of vehicle loans that help you pay for your dream car with loan terms that can go from one to five years. If you’re looking for the best place to get a car loan with secure low-interest rates and low monthly repayments, let MONEYME stop your endless searching with our financial solutions.

To determine your ability to comfortably repay your loan, cheap car finance lenders review your credit score based on the information you provided. Upon applying at MONEYME, you will be asked for personal and financial information to help us process your auto loans, such as your income, expenses, debt obligations, and overall creditworthiness. We have our own loan rating and we usually give a score from A1+ to A5 for each customer which is mostly determined by your credit history. Your credit history will determine your credit score which will be the basis to set your interest rates, monthly repayments and loan term. MONEYME rewards customers with a good credit history by providing them with lower monthly costs. Once you apply, you will know the specific costs and repayments outlined on our costs page.

Remember that if you have an excellent credit score, you’re likely to be offered more favourable interest rates. Once your interest rate has been determined, you will be presented with options for loan terms and you can choose to pay off your auto loan within one to five years.

After deciding on your loan term, you will know your monthly repayment cost. This will give you an idea of how much fees and charges you can afford to pay, and how much you’re able to save. Your monthly loan payment should not exceed the total cost of the car, as that may result in not-so-great credit.

Once you’ve agreed to the monthly loan repayment cost, you can sign your loan contract. 

How much can I borrow for car finance?

Car financing entities vary in offering you the amount that you need for your automotive finance. Depending on your credit history and credit score, online money lending companies like MONYEME can offer loans ranging from $5,000 to $50,000. Our highly competitive interest rates give you flexible repayments with no early exit fees. 

Thus, a good credit score gives you the benefit of getting low-interest rates. However, you don’t need to worry even if you don't have an excellent credit score, as you have the chance of still getting an approved loan at MONEYME . We have a starting interest rate of 6.95% p.a. with fees and other charges that may apply if you don’t pay on time.

So before you think of applying for small car loans, make sure you improve your credit score by paying your loan consistently and on time to secure the best low-interest rate that you can ever have.

How long does car finance approval take?

Financing a car through a dealership, banks and other financial institutions will usually take days or even weeks. You may even need to follow up on your loan application if you don’t hear anything back within a given time. However, tech-savvy online providers like MONEYME makes car loan approval fast and done within the same day. MONEYME’s advanced tech-driven platform makes car loan finance paperless and completed in a matter of minutes after applying for an online loan. You can be sure that the application processes, car loan comparison rates, loan approvals, and fund transfer becomes easy and fast in just one click. 

Enjoy the cheapest car loan offer online with MONEYME. We provide a secure and lowest possible interest rate from our quick and easy online application process and same-day approval. Avail of our great offer and get a cheap car finance loan ranging from $5,000 to $50,000. 

Talk to us if you want to know more about our auto loan financing options.

Our customers

Cheap 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

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