When it comes to choosing a car loan in Australia, you are spoilt for choice. At Mozo, we help you find information about car loans from big and small providers, all of which you’ll find listed below. From used car loans to specialist green car loans, find car loans to compare. Click on a provider to learn more about their car loans.
Car loans allow you to purchase a car in Australia without buying it outright. There are many dedicated car loan providers in Australia allowing you to buy new and used cars and this is an A-Z list of the ones in our database.
The different types of car loan providers
Car loans can be a difficult product to shop for because there are so many options out there. Here are some types of car loans to look for as you navigate through the world of car loans.
New car loans - these are car loans designed explicitly for new cars. Most will have a restriction on the age of cars that are eligible.
Secondhand car loans - used car loans often allow you to purchase cars with a little more wear and tear, or older vehicles. There may still be age restrictions, so make sure to check the terms of the loan you’re looking at.
Secured car loans - these loans are secured against the car they’re used to purchase. Most car loans are secured, but some cars cannot be used as security if they are over a certain age.
Unsecured car loans - unsecured car loans tend to be personal loans used on cars over a certain age or ineligible for other car loans.
Refinance car loans - used to get a better deal on your car loan, refinance car loans involve a bit of extra work because the value of your car depreciates over time. Make sure you do your research!
For more information on car loans, explore our car loans hub.