Borrower profile
Credit history, income stability, expenses and existing debts influence the lender's price.
107 reviews 5.0
Car loan rates. Find your better deal.
Found the car? Find finance that fits. Your broker compares suitable options from our 80+ lender panel and explains the full cost before you choose.
- Compare suitable lenders in one place
- See the full cost alongside the rate
- No credit score impact for your quote
What have you got planned?
Let’s help you fund it.
The chosen car and purchase channel determine which lender offers are relevant.
New cars from licensed dealers
Eligible used cars
Private-sale vehicles
Refinancing an existing car loan
Pre-approval before choosing a vehicle
Offers with and without a final balloon
Costs to compare
Compare these car loan figures together. Looking only at the rate or regular repayment can hide fees or a higher total cost.
- Interest rate
- Comparison rate
- Fees
- Total repayments
How the finance is set up
These terms describe how car loan is accessed, repaid and priced. Not every compared option includes every feature.
- Amount
- Term
- Deposit
- Balloon
What affects eligibility
These details help a lender understand the current position and decide whether the car loan request fits its rules.
- Credit
- Income
- Vehicle
- Purchase
Have something in mind? Let’s talk finance.
Get my free quoteCar loan.
More options. Less legwork.
A lender's lowest advertised rate usually applies to a particular borrower, vehicle and loan structure. Your actual offer depends on credit history, income, housing costs, debts, deposit, vehicle age and the requested term.
Vehicle security
Newer eligible vehicles often attract a different secured rate from older or unusual cars.
Loan structure
The deposit, term and balloon alter the lender's exposure and your total interest.
Why choose X Lend for car loan?
X Lend compares eligible offers on the same amount, term and balloon so the pricing is genuinely comparable. We include establishment and ongoing fees, because a lower headline rate can still produce a higher total repayment.
The right result also needs workable approval conditions. Vehicle rules, early-payout terms and the likely balance when you next sell the car can matter as much as a small difference in rate.
Fees and flexibility
Application, monthly and early-payout costs belong in the comparison.
Keep the amount, deposit, term and balloon consistent across quotes. Changing any of them can make one repayment look cheaper without reducing the cost of the loan.
Work out your repayments.
Then find your finance.
Try an amount and term for your car loan. When you’re ready, we’ll compare the options available to you.
Car loan repayment calculator
Adjust the amount, term and rate to see an indicative repayment.
Estimate only. Calculations include an assumed $990 broker origination fee and $500 lender fee, both financed. Total repayable includes those fees, interest and any final balloon. Weekly and fortnightly figures are equivalents of the monthly estimate. Actual fees and repayment timing depend on your offer.
What rate could I get?
Your quote takes your circumstances and finance requirements into account. Compare your rate, fees and repayments together before choosing an offer.
Find my optionsYour circumstances.
Your finance options.
The lender assesses the applicant and the car together.
What do I need to qualify for car loan?
- Sustainable income after expenses
- Acceptable credit and repayment history
- Vehicle within lender policy
- Verifiable purchase price and seller
- Deposit or equity where required
Who can car loan help?
- Applicants ready to compare full loan costs
- Buyers with a vehicle or realistic budget
- Borrowers willing to provide accurate financial information
When should I consider another option?
- Anyone relying on an advertised rate as a guaranteed offer
- Buyers comparing repayments built on different terms
- Applications where the repayment does not fit the budget
Vehicle outside policy
Age, value, kilometres or condition can exclude a lender's lowest secured tier.
Unstable serviceability
The proposed repayment needs to fit after verified expenses and liabilities.
Recent credit pressure
Missed payments, repeated enquiries or active arrears can change eligibility and price.
What do lenders look at for car loan?
The best car loan rate for you depends on your credit profile, income, vehicle and loan structure. X Lend compares suitable panel lenders using the same amount, term and balloon, then shows you the fees and total repayment alongside the rate.
From enquiry to settlement.
We’re with you all the way.
Your broker handles the lender comparison and paperwork for car loan, keeping you informed at each step.
- 01
Tell us your plans
Tell us what you want to finance, how much you need and when you need it. That could include new cars from licensed dealers.
- 02
We do the lender research
We help organise identity and income evidence and recent bank statements when requested and check sustainable income after expenses to find lenders that fit your situation.
- 03
Choose your finance
We explain secured car loan and unsecured loan, including the full cost and how repayments fit your budget. You choose the option to take forward.
- 04
We organise settlement
Your broker coordinates lender conditions, signed documents and payment details, so you can focus on what comes next.
Start with your free quote.
Your broker reviews your enquiry and explains the next steps, usually within one business day. An enquiry does not create a credit check or an obligation to proceed.
Find the finance that fits.
Know what you’re choosing.
A fair rate comparison starts with matched loan settings.
Secured car loan
The financed vehicle supports the loan, subject to lender age, value and condition rules.
Unsecured loan
May suit vehicles outside secured policy, usually with different pricing and limits.
Balloon structure
Reduces scheduled repayments while leaving a final amount that increases total interest exposure.
What to compare in a car loan quote
| Quote detail | Match it across offers | Why it matters |
|---|---|---|
| Amount financed | Use the same price, deposit, trade-in and financed fees. | Different borrowing amounts make monthly repayments misleading. |
| Term and balloon | Compare the same duration and final payment. | A lower repayment can leave a larger balance or keep you paying longer. |
| Interest and fees | Include establishment, ongoing and relevant payout charges. | The headline rate is only one part of the cost. |
| Your eligibility | Use pricing for your actual car and borrower profile. | An advertised offer is useful only if its conditions fit your purchase. |
| Early repayment | Check extra-payment and early-payout terms. | The best fit also accounts for how you expect to use the loan. |
Compare loans using the same amount, term and balloon
Recalculate each quote with the same amount, deposit, term and balloon before ranking the result.
Check what an early sale or payout would cost
If you may sell early, include the expected payout balance and early-termination treatment.
What should I have ready before applying?
- Request itemised fees.
- Compare total repayments.
- Check the early-payout method.
How we can help.
Illustrative examples of how we approach car loan.
Dealer offer
A buyer receives a repayment at the dealership.
How your broker helps
Request the rate, fees, term and balloon, then compare a matched broker offer.
What to have ready
The full schedules reveal the lower total cost.
Older used car
The preferred car misses one lender's secured rules.
How your broker helps
Compare other secured policies and an unsecured fallback.
What to have ready
The cheapest qualifying structure may come from a different lender set.
Small rate difference
Two offers are close on rate.
How your broker helps
Compare establishment fees, payout flexibility and total repayments.
What to have ready
Fees can decide the better offer.
A word from your broker.
At X Lend, we first make the purchase amount, purpose and comfortable repayment clear. We then compare suitable panel options on the same term and fee basis, explain the total cost and ask the customer to approve the selected lender submission.
Let’s compare your options.
Get my free quotePut your plans in motion.
Keep more cash in reserve.
See how arranging finance compares with waiting or paying the full cost upfront.
With car loan
Access a suitable car without waiting to save the full purchase price.
Keep more savings available for emergencies after arranging the car.
Replace an unreliable or unsuitable car before downtime and repair costs increase.
The cost of waiting.
Work, family commitments or travel can remain disrupted without a reliable car.
An older car can keep creating downtime or repair costs while its replacement is delayed.
Paying the full car purchase price from savings can leave less buffer for unexpected expenses.
Good finance.
Even better support.
Google reviews
Read reviews on Google Review on Google
Super helpful, friendly and fast. Secured a bank loan beyond expectations and did all the tricky leg work. Definitely be using their services again. Corey was a legend!
Review on Google
I can’t recommend Corey from X Lend highly enough. From the very first conversation, he was professional, transparent, and genuinely focused on finding the best outcome for me. Corey took the time to explain every step of the finance process in a way that was easy to understand, answered all my questions promptly, and never once made me feel rushed or pressured. I really appreciated how proactive he was, keeping me updated, following up with lenders, and making sure everything stayed on track. What really stood out was how hard he worked to secure a great deal. He compared multiple lenders, negotiated on my behalf, and ultimately achieved a rate and repayment structure that exceeded my expectations. The whole process of purchasing my car was smooth and stress‑free thanks to their expertise. If you’re looking for someone knowledgeable, reliable, and genuinely in your corner, I wouldn’t hesitate to recommend them. I’ll definitely be using their services again in the future :)
Review on Google
Corey helped me through the entire process of getting my dream family car! He was extremely prompt with his responses and had everything organised quickly and smoothly. I made a huge mistake by settling finance on the wrong car (a 5‑seater instead of a 7‑seater), but Corey was incredibly understanding and supportive. He contacted the dealership, lender, and even rearranged my insurance for me. He did all of this without ever making me feel like a hassle, even though I knew I was being a pain! Despite the setback, Corey stayed fast and efficient, kept me confident throughout the process, and managed to get everything cancelled and re‑approved for a higher amount so I could get my actual dream car. I highly recommend Corey. He speaks to you like a friend and genuinely has your best interests at heart. I already had quotes from Toyota Finance and Toyota Insurance, and Corey was able to get both significantly cheaper. Toyota Finance even reviewed Corey’s figures and confirmed they couldn’t beat them. I will never look to another finance company again.
Let us help with
car loan.
Your car loan questions.
Answered.
The details you want to know before taking the next step.
What is a good car loan rate?
A good rate is competitive for your borrower profile, vehicle and structure. Compare it with fees, term and total repayments.
Is the lowest advertised rate guaranteed?
No. Advertised pricing normally has eligibility conditions, and the lender sets the actual offer after assessment.
Does a deposit improve the rate?
It can improve the overall application or reduce the amount financed, but rate treatment varies by lender.
Should I compare dealer finance?
Yes. Put the dealer offer beside a broker comparison using the same amount, term, fees and balloon.
Keep exploring your options
Further readingPPSR — used vehicle searchesMoneysmart — personal loansMoneysmart — credit scores and credit reports
Reviewed by Corey Marino
FBAA member M-354085 · Diploma-qualified finance broker · Last reviewed 24 August 2026