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Carloan

New or used car loans and vehicle loans made simple

Whether you’re dreaming of getting behind the wheel of a brand-new car or you’re ready to upgrade your current ride, Handy Finance is here to help. Find an affordable fixed-rate loan for a brand-new car straight from the showroom or for a trusted used model

Our car loans are designed as a simple and affordable option, with quick pre-approval and no early exit fees.

$2-75k Loan Amounts

$0 Monthly Fees

$0 Early Repayment Fees

1-7 yrs Flexible Loan Terms

The Process

3 quick and easy steps to securing your loan

Get a Free Quote

Obtain an indicative rate quote in minutes, without impacting your credit score!

Apply in Minutes

If you’re happy with your Quick Quote, you can finalise the application online. No printing. No paper. No fuss.

Get Your Funds

You will receive an indicative decision in seconds. Once approved funds should be in your account within 24 hours

Get a quote
Get a Free Quote icon
Get a Free Quote icon
Get a Free Quote icon

Get a Free Quote

Obtain an indicative rate quote in minutes, without impacting your credit score!

Review
Apply in Minutes icon
Apply in Minutes icon
Apply in Minutes icon

Apply in Minutes

If you’re happy with your Quick Quote, you can finalise the application online. No printing. No paper. No fuss.

Get funds
Get Your Funds icon
Get Your Funds icon
Get Your Funds icon

Get Your Funds

You will receive an indicative decision in seconds. Once approved funds should be in your account within 24 hours

Car loans calculator

Estimate what your repayments could look like so you can start your vehicle loan journey with complete transparency.

Calculator
Calculator
$25000
4 Years
Select repayments type
Your Repayments From
$254.85
per week
This will not impact your credit score
Indicative Rate From
6.57%
Comparison Rate From
7.19%
The interest rate and repayment amount are estimates only and are based on the information you have provided. Your actual interest rate and repayment amount may be different. Terms and conditions, fees and charges and eligibility and lending criteria apply.
Fund
The interest rate and repayment amount are estimates only and are based on the information you have provided. Your actual interest rate and repayment amount may be different. Terms and conditions, fees and charges and eligibility and lending criteria apply.
Bubble car loan
Cover unexpected repairs
New or used motor vehicles
Enjoy your dream car
Get the best for your family

Get behind the wheel with Handy Finance Auto Loans

Whether it’s your first car or an upgrade to something special, you’ll be enjoying your new wheels in no time thanks to Handy’s low-interest car loans.

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A quote won’t impact your credit score

Frequently Asked Questions

Basics of car loans

Car financing simplifies the process of buying a new car without the need for a significant upfront payment. With a car loan, you borrow the amount needed to purchase the vehicle and gradually repay the amount over a specified period with interest. This approach makes buying a car more manageable as you can spread the cost over several months or years to fit your budget. At Handy Finance, we offer car loans with terms ranging from one to seven years.

A secured car loan from Handy Finance means that the vehicle you buy is used as a guarantee for the loan. This usually means you get lower interest rates, making our loans more appealing and affordable. Plus, having an asset as security often means you’ll have a smoother loan approval process.

Choosing a car loan from Handy Finance makes buying a car hassle-free. It allows you to break down the cost of your new vehicle into smaller, regular payments over an extended period, eliminating the need for a large upfront payment. Other advantages include reduced initial expenses, a broader selection of car models, and the potential to improve your credit score by making timely payments.

You can use a car loan repayment calculator as frequently as needed without affecting your credit score. These vehicle finance calculators are useful tools for estimating loan costs and repayments before applying for a loan.

Loan application and pre-approval

Handy Finance offers pre-approval for car loans – you can apply online. Pre-approval terms are based on your financial circumstances, unlike the car loan repayment calculator figures, which only provide a rough estimate.

A pre-approval requires you to submit your financial details, as it involves a thorough check to determine how much you can borrow before you begin car shopping. This process makes selecting a car easier and faster, as you’ll have a clear budget based on your eligibility.

You won’t have to wait long with Handy Finance’s loan approval process. After you submit your car loan application, you’ll find out your results in minutes. If it’s a yes, our team can settle the funds in your account within 24 hours so you can quickly move on to buying your car.

You can get pre-approval from Handy Finance before deciding on a specific vehicle. This lets you understand how much you can borrow before you start shopping for a car, making it easier to browse around dealerships and private sales. Your pre-approval terms are valid for one month – once this time has passed, we’ll need to reassess your application.

When applying for a car loan, you’ll typically need to provide standard documents such as proof of identity, bank statements, and details about the vehicle you plan to purchase.

Loan terms and features

A secured car loan from Handy Finance means that the car you buy serves as a guarantee for the loan. Typically, you’ll get a lower interest rate, making secured loans more appealing and budget-friendly. Using an asset as collateral for your car loan often leads to a smoother and more straightforward loan approval process since we have more security.

We don’t require a deposit for your car loan at Handy Finance. We offer flexible loan options to fit your budget and simplify your car buying process.

A comparison rate reflects the actual cost of a loan, as it includes both the interest rate and an establishment fee. At Handy Finance, the only fee you need to include is the establishment fee, as our loans don’t have any ongoing or early repayment fees. Calculating the comparison rate helps you make an informed decision when comparing different car loan options and budgets. It ensures you understand the total cost of borrowing and can choose the most cost-effective loan for your needs.

Once your car loan is approved with Handy Finance, you can expect the funds to be available in your account within 24 hours. This quick turnaround ensures you can get on the road in your new vehicle without unnecessary delays.

The loan terms for new and used cars are the same at Handy Finance. We don’t have any vehicle age limits on the cars you choose to purchase either. Handy Finance Car Loans offer flexible loan terms, ranging from one to seven years. Repayments can be made weekly, fortnightly or monthly. This variety allows you to select a loan term that aligns with your budget and financial goals.

A balloon payment is a large sum of money you agree to pay at the end of your car loan in order to reduce your monthly repayments. Balloon payments can affect how much you pay overall for your car, so it’s crucial to understand them before getting a loan. Handy Finance does not offer balloon payment options for any of our loans.

Eligibility and vehicle specifications

A new car typically refers to a never owned or registered vehicle. It’s brand new from the manufacturer or dealership, with no prior owners or usage. However, it’s important to remember that if a used car aligns more closely to your budget, you can still use a Handy Finance car loan to purchase a used car.

A joint loan with Handy Finance is a great way to spread the cost of a car loan between you and another person. You can apply for a joint loan with your partner, spouse, parent or sibling. The same loan terms of one to seven years apply, and you can apply for a loan amount between $2,001 and $75,000. The terms of the loan are based on your combined financial circumstances. Find out more about our joint loans by contacting our credit experts today.

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Have questions? Handy Finance can help

For more information about loans with Handy Finance, check out our helpful resources, get in contact with our team on 1300 990 115 or complete our online enquiry form.

Get a rate for your Handy car loan

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A quote won’t impact your credit score