Used Car Loans
Take to the road in a quality used car
Hassle-free used car loans that will get you into the driver’s seat as quickly as possible.
-
Interest rate from6.57%p.a.*
-
Comparison rate7.19%p.a.*
Secured used car loans made easy with Handy Finance
Finance the purchase of a quality used car with a car loan from Handy Finance. We offer affordable fixed-rate loans for used cars, tailored to your specific financial circumstances. Take advantage of our fast approval process and competitive terms.
$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 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
Used Car Loan calculator
Estimate what your used car loan repayments could look like so that you can start your borrowing journey with complete transparency.
Used car loans to get you on the road
Drive your way with a used car loan from Handy Finance. Whether you’re looking for a reliable first car or an upgrade at a more affordable price point, our credit experts are here to help. You’ll be taking your new wheels for a spin in no time.
A quote won’t impact your credit score
Used Car Loans Explored
Cover the costs of your next vehicle with our tailored used car loans. Designed to fit your unique needs, our flexible financing solutions help you manage your purchase with ease. Enjoy expert guidance and low-stress options that make owning your perfect car more affordable.
Frequently asked questions
Need help with something? Here are our most frequently asked questions.
How can I secure the best used car loan deal?
Getting the best used loan deal requires some research. Compare interest rates, loan terms, and any additional fees or charges associated with the loan. At Handy Finance, our used car loans offer competitive rates and flexible repayment options. You’ll only have to pay an establishment fee – there are no ongoing monthly fees, and a $0 early repayment fee.
Should I get my used car loan through the dealership?
Dealership financing may seem convenient but may not always provide the best interest rates or terms. Before finalising a loan through the dealership, it is recommended to research and compare rates from other lenders, like Handy Finance, to ensure you are getting the best deal.
How quickly can I get approved for a used car loan?
We’ve created a streamlined online approval process so our credit experts can review loan applications quickly. Our credit experts will be able to advise you of an indicative rate within minutes of receiving your application. Once it has been determined you meet all eligibility criteria and the loan is approved, funds will be released into your account within 24 hours.
How much can I borrow with a used car loan?
With Handy Finance, you can borrow between $2,001 and $75,000 to fund a used car purchase. The final loan amount will depend on your financial situation.
Which cars qualify for a used car loan?
A used car is any car, regardless of age, previously owned by someone else.
What is a good used car loan rate?
The rate you’re offered will depend on several factors – your financial situation, your credit score and the used car you plan on buying. At Handy Finance, we aim to tailor your rate to your circumstances, which is why our interest rates are competitive. You can use our Car Loan Calculator tool to estimate your interest rate and repayments or apply for a free quote from our credit experts.
What is the maximum age of a car for a used car loan?
We don’t place age restrictions on the used car you can buy with your Handy Finance loan unlike many other lenders.
Can you finance a used car online?
Yes, you can! To apply for a used car loan with Handy Finance, complete our online application form and submit the relevant documentation: identification documents like licences or passports and bank statements. Applying online streamlines our evaluation process – our credit experts will be able to give you an indicative rate within minutes of submitting your application.
Is it better to buy a new or used car?
Whether you should buy a new or used car with your loan will depend on your financial situation. If you buy your vehicle through a reputable secondhand dealer, you’ll find used cars in various conditions. You may be able to secure a used car that is only a year or two old. It can be an affordable option for those needing a new car but can’t meet the price point. Handy Finance Car Loans can be used to purchase new or secondhand vehicles. Find out more about our car loans, or use the Handy Finance Car Loan calculator to help you get a better idea of your buying power.
Secure a low-rate car loan today
Get started(Opens in a new tab)
A quote won’t impact your credit score