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Small Car Loans

Personal loans for

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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.

Small Car Loans

With automobile prices on the rise, more and more people nowadays take advantage of small car loans as a convenient credit solution. Instead of waiting for the funds in your bank account to slowly grow, why not just try out the car finance Australia options available at MONEYME? 

Whether you have saved up a substantial amount of cash and are in need of just a few more dollars or are looking to finance the entire cost of the vehicle with our cheap car loans – our services will definitely leave you satisfied. With us, you will receive not only client-friendly terms but an extensive array of benefits as well. 

Utilise our online car loans at MONEYME and drive anywhere you want. Continue reading to learn more about the specific details and convenient processes behind our premium offers. 

How much can I borrow through a small car loan? 

Through our small car loans, you can enjoy a minimum amount of $5,000 to a maximum amount of $50,000. With this sum of money, you can buy either a pre-loved vehicle or a brand-new one – whatever works for your specific situation. 

However, you should also take into consideration the different types of fees and charges that may apply: 

  • Establishment cost. When opening a personal car loan account on our online platform, the establishment cost will range from $295 to $495. Keep in mind that this value would depend on how much cash we allotted for you to use.
  • Monthly charges. With monthly charges at a fixed rate of $10, you can rest assured that we’ll constantly implement all the needed maintenance and security measures. Essentially, this variable makes sure that your lending account is running well and fully protected.
  • Interest rates. Our small car loans have interest rates that start lower than the top four banks in Australia. By taking advantage of our car finance interest rates of 6.25% p.a. to 19.95% p.a., you’ll certainly be able to save more funds in the long run.

On top of these favourable terms, you can also take advantage of early exits with no hidden penalties. This means that you can make free partial repayments in advance or maybe even pay off your outstanding balance in full. Simply contact us through call, e-mail, live chat, or even our app so that we can quickly make the necessary arrangements.

If these conditions pique your interest, then apply for car loan offers at MONEYME. Join us now and finish our 100% online application in just a few minutes. 

How do repayments work for small car loans? 

The repayment process for our small car loans and other similar credit products is incredibly straightforward. Once you have utilised your funds to secure your dream vehicle, you can just sit back and have our top-of-the-line system handle your repayments for the next one to five years. 

To better understand how this works, you can simply take note of the following benefits:

Automatically scheduled direct debit 

Before we notify you that we have approved your application for our easy car loans, our expert finance team would have already aligned your direct debit with your current salary cycle. This way, all you have to do is wait for your payday, set aside a portion of your income for repayments, and then have us deduct this amount from your connected bank account. 

Collateral-free payment plan

Don’t want to put your newly bought asset at risk? Not to worry, MONEYME only carries unsecured car loan options. Unlike other lenders in the industry, we’ll ensure you’ll always have full ownership of your vehicle. Instead of repossession, we’ll understand your situation and update your payment plan if you’re in default or facing financial hardship. 

Take out small car loans today with MONEYME and manage your finances through our iOS or Android app. 

How to apply for a small car loan?

If you are at least 18 years old, a permanent resident in Australia, and currently generating income from work, you can apply for our small car loans. 

To begin, head over to our application page and enter your personal details, including name, email address, employment status, and bank account information. 

Once you submit your application, a member of our team will review it and get back to you through our online portal in as little as 60 minutes with a decision on your approval. If approved, we can typically transfer the funds into your bank account the same day. 

That’s basically all the information you need when applying for our online car financing. At MONEYME, we understand that when you need cash urgently, you may not have time to go through the usual application process or fill out complicated paperwork. That is why we offer fast and easy vehicle loans that you can apply for online in just a few minutes.

If you want an estimated quote for our auto loans, just navigate through our platform and utilise our intuitive car payments calculator. 

Become a part of the MONEYME family today and experience a service built by Generation Now, for Generation Now! 

Our customers

Small 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

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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!

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