When you take out a loan with us, you’re in the driver’s seat. You can use it to buy a new or used car. Or a new or used motorbike, trailer or caravan. Or, take out a small personal loan for car repairs, new tyres, rego or your insurance.
We have customers across Australia who come back to us for loans ranging from $300 – $20,000 that they’ve used for a host of vehicle-related expenses.
And as one of Australia’s largest non-bank lenders, we’ve used all our finance and tech smarts to make our easy car loans as quick and flexible as possible.
from 15.95% p.a – 27.99% p.a
Comparison rates: from 26.69% p.a. – 36.32% p.a.
Application fee*: $550
Monthly fee*: $15 – $28
Discharge fee*: $125
from $5,000 – $20,000
from 2 – 5 years
|Average Term||36 months||42 months||48 months|
|Interest Rate Per Annum (APR)||27.99%||23.49%||26.49%|
|Comparison Rate *||35.23%||32.02%||33.73%|
We listen, adapt, innovate and grow with our customers so we can provide ongoing value to you.
Apply, approved and funded in as little as 6 minutes
Save up to $115 on small loan
Save up to $357 on medium loan
Returning customer gets up to $453 more on the second loan
65% of our customers enjoy a 42 point increase to their credit score.
Our car loans are personal loans ranging from a small loan, right up to a maximum of $20,000, that can be used to buy a new or used car or for anything else car-related. You can use your car loan to:
And you can complete our quick and easy online application form in a matter of minutes.
Got a bad credit rating? Don’t worry, we may be able to help. If you’re worried your bad credit score will prevent you from taking out a car loan, talk to our friendly team on 1300 324 746 or contact us via live chat about our bad credit loans.
Yes, you can. In fact, we have customers across Australia who have used our loans for a large range of transport vehicles. Use your loan to pay for:
Use our car loans for all sorts of registered vehicles – and it’s easy to apply – you can apply online for a car loan in a few minutes.
In a word, flexibility. At Fair Go, you can apply for a loan from $500 to $20,000 online, anytime. We also personalise the rates and terms on all of our loans to ensure we’re minimising the cost of your car loan as much as we can.
Plus, you’re free to use your car loan for any car or vehicle purchase. In fact, you can use it to cover or spread the cost of any vehicle expense.
Put your car loan towards the cost of a new car or use your car loan to buy a used car. Buy a new or used motorbike, trailer or a caravan and purchase privately or from a dealer. Take out a small car loan to pay for car repairs or your rego. The choice is yours.
We’ve made applying for a car loan as quick and easy as possible. See for yourself. Apply for a car loan right now.
Not all car loans are the same. So, whether you want to take out a loan to buy a new or used car, motorbike, caravan or trailer, or a small car loan to cover car repairs, modifications or your rego, it pays to take your time comparing car loans.
Read our blog post about what to look for (and out for) with car loans.
Very easy. As one of Australia’s largest non-bank personal loan lenders, we’ve used all our team’s finance and tech smarts to make applying for a car loan as quick, easy and secure as can be. It’s as easy as 1-2-3:
See how easy it is for yourself. Apply online for your car loan.
If you’re at least 18 years of age and a permanent Australian resident, and you’re in regular paid employment, you can apply for a car loan right now. You can apply for a small car loan through to a large car loan of $20,000.
If you currently have a bad credit score, there may be a limit to how much you can borrow.
Talk to our team on 1300 324 746 or contact us via live chat if you’re worried that your bad credit rating may be an issue. Alternatively, watch our video about how to find out your credit score. Once you know, it’s easier for us to advise you if a bad credit loan would be your best option.
As one of Australia’s largest non-bank personal loan providers, we’re not just here to provide short-term loans. We’re committed to helping customers get the finance they need to get on with life, which means looking out for your best interest in the long term.
And if you have a less than ideal credit history, it’s a commitment that includes doing everything we can to help you get your credit history back on track, by starting with a bad credit loan.
For more information, talk to our team on 1300 324 746 or contact us via live chat. It’s also worth watching our video about how to find out your credit score. Once you know if and why you have a bad credit rating, it’s easier for us to advise you.
Not necessarily. It depends on the size of your car loan. Here are our insurance requirements:
Whatever your car loan amount, it is always a good idea to take out car insurance. In fact, we provide many customers with small personal loans to assist with all types of car related expenses, including insurance.
You could, but we think it’s a bad idea. Buying a new or used car with your credit card is a far riskier option, even with interest-free offers or the promise of points.
If you’re weighing up whether to use a credit card or take out a car loan to by a new or used car, please read our blog where we compare the costs and risks before you make your decision.
Not here. No hidden costs. No nasty surprises. It’s all part of our responsible lending commitment – our commitment to always be fair, open and fully transparent with you.
As one of Australia’s largest non-bank personal loan lenders, we’re in it for the long haul. We’re here to help you get the cash you need to get on with life, without putting yourself or your budget under unnecessary stress.
That’s why so many of our customers across Australia have used our car loans time and again. We always personalise our rates and terms to minimise your borrowing costs, and as a returning customer you’ll enjoy even better rates and discounts.
A secured car loan is a loan where your car is used as security for the loan. Should you default against the loan and the situation be escalated, the lender can repossess the vehicle to repay the loan. Because the car is secured against the loan, there is less risk involved which can often help reduce the fees and interest rates.
A secured car loan uses an asset, like a car, as security for the loan. An unsecured car loan has no asset used as security against the loan, increasing the risk for the lender.
If you default on your payments with a secured loan and the situation is escalated, the car can be repossessed to repay the loan. With an unsecured loan, if the loan goes into default, the car cannot be repossessed to repay the loan.
Here at Fair Go Finance, if you apply for a car loan of $5,000 or more, it will be classed as a secured loan and your vehicle will be used as security.
Our car loans have a fixed interest rate which is mainly determined by your credit score. With a fixed interest rate, it means your repayments will never change, allowing you to budget and plan your finances easily.
Absolutely. That’s the beauty of our car loan product between $5,000 and $20,000. When you complete our car loan application form, you simply enter the amount you wish to apply for – no car details are required to begin with. That way, you can receive an indication of how much you’re able to borrow (in the form of a pre-approval) so you can confidently go looking for a car.
Once you find the car you want, you simply contact us with the car details so a final credit check can be completed. If nothing has changed since you applied, your final loan offer can be emailed to you.
At Fair Go Finance, we offer personalised car loans that accommodate the largest range of credit scores (from below average up to excellent). You can feel confident you’ll be offered the best possible car loan for your needs and unique credit profile.