With Mozo’s handy comparison table below, finding a great secured car loan to fund your next set of wheels is a breeze. Simply plug how much you want to borrow and the period you want to borrow it over in the fields below and hit ‘Calculate repayments’.
From there you’ll be able to compare a range of secured car loan deals on a number based on a number of features including the interest rate, comparison rate and the monthly repayment you can expect to make. And if you’d like more information on fees and repayment options, simply hit the ‘details’ button.
Car loans aren’t all alike, and it’s worth knowing the difference because it could save you money. Unsecured loans tend to come with higher interest rates because the loan isn’t secured against an asset, while secured car loans often have more competitive rates because they’re secured against the vehicle you’re purchasing or other asset like your property.
That means if you are in a position to take out a secured car loan to purchase your vehicle, you could end up saving money in the long run!
Found the right loan for you among the offers below? Well not only is it fast to apply for a secured car loan online, it’s easy too. Simply click on the blue ‘Go to site’ button next to your loan of choice and you’ll be redirected to the provider’s website in seconds. This works whether you're looking for a new car loan or a used car loan.
Just remember that you may need a few bits of information to complete a secured car loan application including personal, income and other financial details.
Including Demo, Fixed, Secured
Terms from 3 to 5 years. Representative example: a 5 year $30,000 loan at 4.99% would cost $34,359.97 including fees.
Low fixed car loan rate for purchasing new and demo vehicles from dealers. There is no monthly or ongoing fees and early payout options available. Winner of Mozo's Experts Choice Car Loan 2021 award^.
Read our Mozo Review to learn more about the loans.com.au New Car Loan
Fixed
Terms from 3 to 7 years. Representative example: a 5 year $30,000 loan at 4.89% would cost $34,276.58 including fees.
Enjoy competitively low rate car loans from 4.89% (comparison rate 5.44% p.a.) between $10,000 and $100,000 for new, demo and used vehicles. Take advantage of flexible 3, 5 or 7 year loan terms. No early repayment or exit fees. You must be 21 years or over to qualify and earn above $35,000.
Read our Mozo Review to learn more about the Plenti Car Loan
Fixed
Terms from 3 to 7 years. Representative example: a 5 year $30,000 loan at 4.74% would cost $33,949.23 including fees.
Low personalised rates, ideal for borrowers with excellent credit. No monthly account fees, no early payout fees, so you can pay off your loan sooner. Borrow between $5,000 and $64,000. Easy online application, receive a response in minutes and approved funds within 24-48 hours!
Read our Mozo Review to learn more about the Wisr Secured Car Loan
Fixed, Unsecured
Terms from 2 to 5 years. Representative example: a 3 year $10,000 loan at 5.95% would cost $11,538.74 including fees.
Be rewarded for your good credit history with low rates. Plus there are no ongoing fees and you can pay off your loan with no early repayment penalties. Simply apply online and get a quote in minutes.
Read our Mozo Review to learn more about the SocietyOne Car Loan - Excellent Credit
Up to 5 years old, Fixed, Secured
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 4.89% would cost $34,377.58 including fees.
Purchase or refinance a new or used vehicle, up to five years old. Choose a loan term from one to seven years. To be eligible you must be over 18, receiving a regular income and an Australian resident.
Read our Mozo Review to learn more about the Heritage Bank Car Loan
Fixed, Secured
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 5.35% would cost $34,507.61 including fees.
Available for all New and Used cars up to 7 years. A quick and easy, 100% online application with loans up to $75,000. No printing. No paper. No fuss. No monthly account keeping fees, no exit fees and no early repayment fees.
Read our Mozo Review to learn more about the OurMoneyMarket Car Loan
Fixed, Secured
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 4.69% would cost $33,888.17 including fees.
Beyond Bank’s Car Loan offers super low rates with no ongoing service fee, and flexible features to help you save over the term of your loan. Winner of Mozo’s Experts Choice Car Loan 2021 Award.
Read our Mozo Review to learn more about the Beyond Bank Low Rate Car Loan Special Offer
Fixed, Secured
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 5.29% would cost $34,402.89 including fees.
Bank First Green Loan offers low Car Loan rates to reward you for purchasing a lower emissions vehicle. Free redraw, flexible repayments and no monthly fees.
Read our Mozo Review to learn more about the Bank First Discounted Green Car Loan
New or Used, Fixed, Secured
Terms from 3 to 5 years. Representative example: a 5 year $30,000 loan at 4.29% would cost $33,785.83 including fees.
No monthly or ongoing fees. Get a 0.70% discount on your car loan interest rate if you buy a qualifying green car. Winner of Mozo's Experts Choice Green Car Loan 2021 award^.
Read our Mozo Review to learn more about the loans.com.au Clean Green Car Loan
Fixed
Terms from 1 to 7 years. Representative example: a 5 year $30,000 loan at 6.79% would cost $35,729.09 including fees.
Reach your goal sooner without being penalised with $0 early payout fee. $0 monthly fees. Choose to make either monthly, fortnightly or weekly repayments to suit your income and budget. Winners of Australia's Best Large Credit Union in 2020.
Read our Mozo Review to learn more about the Great Southern Bank Secured Car Loan
Dealer Only, Up to 5 years old, Fixed, Secured
Terms from 3 to 5 years. Representative example: a 5 year $30,000 loan at 4.99% would cost $34,359.97 including fees.
Used Car Loan with no monthly or ongoing fees, with a fixed rate for the life of the loan. Fast online application.
Read our Mozo Review to learn more about the loans.com.au Used Car Loan
^See information about the Mozo Experts Choice Car loans Awards
Mozo provides general product information. We don't consider your personal objectives, financial situation or needs and we aren't recommending any specific product to you. You should make your own decision after reading the PDS or offer documentation, or seeking independent advice.
While we pride ourselves on covering a wide range of products, we don't cover every product in the market. If you decide to apply for a product through our website, you will be dealing directly with the provider of that product and not with Mozo.
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I have had a great deal of experience with various lenders, and I must admit that Pepper were absolutely brilliant to deal with. They offered a competitive product, they provided a very high level of customer service and were very very fair to deal with from start to finish. No waiting on the phone on hold for hours, in my 5 years that I dealt with Pepper on the approximately dozen occasions I phoned them my call was answered within 5 minutes and I was off the phone and completely satisfied within 15 minutes! When Covid hit and many people immediately found themselves in difficult and somewhat uncertain times, Pepper offered their customers immediate support by halting repayments until a broader plan was able to implemented. There were no penalties or fees applied to the halt of payments, which I would normally expect be the case from other lenders. Pepper offered good old fashioned customer service - and for that I say Thank-you Pepper and I will most certainly be back when I next require finance!
Read full reviewI have had a great deal of experience with various lenders, and I must admit that Pepper were absolutely brilliant to deal with. They offered a competitive product, they provided a very high level of customer service and were very very fair to deal with from start to finish. No waiting on the phone on hold for hours, in my 5 years that I dealt with Pepper on the approximately dozen occasions I phoned them my call was answered within 5 minutes and I was off the phone and completely satisfied within 15 minutes! When Covid hit and many people immediately found themselves in difficult and somewhat uncertain times, Pepper offered their customers immediate support by halting repayments until a broader plan was able to implemented. There were no penalties or fees applied to the halt of payments, which I would normally expect be the case from other lenders. Pepper offered good old fashioned customer service - and for that I say Thank-you Pepper and I will most certainly be back when I next require finance!
I have a declined application that I haven't applied for and now has giving me a strike against my name.
Read full reviewI have a declined application that I haven't applied for and now has giving me a strike against my name.
Applied for a car loan and waited for their promise to have results within 7 working hours and it DIDN’T HAPPEN! Have to call them and have to tell all my circumstances and at the end being told that we can’t afford it coz we didn’t have previous loan of the certain amount! Never go to this institution as I’m afraid it will just ruin your credit history! So sad and so disappointing!
Read full reviewApplied for a car loan and waited for their promise to have results within 7 working hours and it DIDN’T HAPPEN! Have to call them and have to tell all my circumstances and at the end being told that we can’t afford it coz we didn’t have previous loan of the certain amount! Never go to this institution as I’m afraid it will just ruin your credit history! So sad and so disappointing!
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