Looking for a more versatile, competitive car loan?
Use your car loan for a new or used car, motorbike, caravan, trailer or any vehicle-related expenses.
- Choice. Apply for $500-$10,000 in minutes.
- Efficiency. Get a conditional decision, fast.
- Certainty. Get your loan pre-approved.
All prices shown are indicative and are for new customers. For returning customers, you will be eligible for our Mates Rates Loyalty Reward benefits, which includes a 10% discount on your establishment fee. All personal loan applications are subject to approval and will be assessed separately by reference to the applicant’s individual circumstances.
All prices are indicative. Fees and charges are payable. WARNING: The comparison rate is true only for the example loan amount and term selected and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
All prices are indicative. Fees and charges are payable. WARNING: The comparison rate is true only for the example loan amount and term selected and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
How it works
With no early payout fees, our short term loans are perfect if you need a quick cash stopgap. And because our low interest rates are personalised, they’re highly competitive, whatever your credit rating.
Apply in Minutes
Choose your $500-$10,000 loan and apply online.
Get a Decision
We'll contact you, verify your details and give you an answer.
Receive your funds
Sign your contract and receive your funds overnight.
How can we help you?
Below you’ll find answers to the most frequently asked car loan questions
Our car loans are personal loans ranging from a small loan of $500, right up to a maximum of $10,000, that can be used to buy a new or used car or for anything else car-related. You can use your car loan to:
- Buy a new or used car privately or from a dealership
- Replace your tyres or carry out car repairs
- Pay for your car registration, insurance or roadside assistance
Use our car loan calculator to get an idea of how much you can afford to borrow or apply online for a car loan and get a conditional decision from our smart system 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 FAIR GO or contact us via live chat about our bad credit loans.
Yes, you can. In fact, we have customers across Australia who have used car loans to cover or spread the cost of a host of vehicle or travel expenses. You’re free to use your car loan to pay for:
- A new or used motorbike
- A new or used boat
- A new or used caravan or trailer
- Car hire costs during a holiday
Our customers use our car loans for all sorts of vehicle-related expenses. And it couldn’t be easier 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 car loan of anything from $500 to $10,000 online, anytime. We also offer flexible rates and terms – we personalise the rates and terms on all our personal 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, like David in Queensland. 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:
- Apply online. You can apply online for a small or large car loan up to $10,000. It only takes a few minutes and you can track your application’s progress with our customer portal.
- Accept your offer. Our smart application system will give you a conditional decision on your car loan in minutes, which you can accept via SMS. Our friendly team will contact you to verify your details over the phone. No printing. No signing. No scanning.
- Receive your funds. If your application is formally approved, we’ll transfer your cash into your account overnight, so you can start looking for your new or used car, motorbike, caravan or trailer the next day.
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 (earning at least $500 per week), you can apply for a car loan right now. You can apply for a small car loan, starting at $500, through to a large car loan of $10,000.
If you have a bad credit score, there may be a limit to how much you can borrow and you may have to take out a secured car loan, where you use your car (or another asset) to secure your loan.
Talk to our team on 1300 FAIR GO 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, like we did for Mark from South Australia, who bought his dream car with a bad credit loan.
For more information, talk to our team on 1300 FAIR GO 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:
- Small car loans up to $5,000: Insurance is optional.
- Car loans between $5,001 to $7,000: Third party fire and theft insurance is required.
- Car loans between $7,001 and $10,000: Comprehensive car insurance is required.
Regardless of your car loan, we always recommend taking out car insurance. In fact, some of our customers take out small car loans to pay for their car 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 early payout fees. 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.
Check out our car loan repayment calculator, which lays all our car loan fees and costs out for you, or apply for your car loan online and see how quick, easy, responsible lending works.
Car loans you can use any way you like.
When you take out a car 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 you can take out a small car loan for car repairs, new tyres or your rego and insurance.
We have customers across Australia who come back to us time and again for car loans ranging from $500 to $10,000 – loans they’ve used for a host of vehicle-related expenses.
As one of Australia’s largest non-bank lenders, we’ve used all our finance and tech smarts to make our car loans as quick, easy, flexible and rewarding as possible. Yes, rewarding. In addition to personalising our rates and terms to minimise the cost of your loan, as we do on all our loans, our rewards program means that as a returning customer you can enjoy even better rates and discounts.
Small Amount Loans
Loan Amounts
$500 – $2,000
Average Term
5 Months
Typical Establishment Fee
10% – 20%
Monthly Fee
2% – 4% of Principal
Interest Rate Per Annum
0%
Comparison Rate
N/A
$500 repayment example
Average Term
3 – 6 months
Repayment Per Week*
$24 up to $52
Establishment Fee
$50 – $100
Monthly Fee
$10 – $20
Interest Rate Per Annum
0%
Comparison Rate
N/A
Medium Amount Loans
Loan Amounts
$2,250 – $5,000
Average Term
8 Months
Typical Establishment Fee
$360 – $695
Monthly Fee
$5
Interest Rate Per Annum
17.9% – 29.9%
Comparison Rate
36.64% – 53.12%
$2250 repayment example
Average Term
3 – 18 months
Repayment Per Week*
$39 up to $220
Establishment Fee
$360 – $460
Monthly Fee
$5
Interest Rate Per Annum
17.9% – 29.9%
Comparison Rate
36.64% – 53.12%
*Repayments per week depend on affordability.
Minimum loan term 3 months. Maximum loan term 12 months. For our loans of $500 to $2,000 an APR (Annual Percentage Rate) does not apply. For loans above this amount maximum APR is 48%.
Apply for your car loan in minutes.
Have you used our car loan calculator? It’s a great way to get an idea of how much you can borrow and what the repayments will be. Or you can apply for a car loan online right now – we’ll give you a conditional decision in minutes.
Apply Now!
Are you eligible to apply?
- I’m 18 years or older
- I’m employed (not self-employed)
- I’m paid $500 or more a week into my bank account
- My income is not solely from Centrelink
- I’ve not entered into bankruptcy or part 9 agreement within the last 12 months
WARNING - DO YOU REALLY NEED A LOAN TODAY?*
It can be expensive to borrow small amounts of money and borrowing may not solve your money problems.
Check your options before you borrow:
For more information about other options for managing bills and debts, ring 1800 007 007 from anywhere in Australia to talk to a free and independent financial counsellor.
Talk to your electricity, gas, phone or water provider to see if you can work out a payment plan.
If you are on government benefits, ask if you can receive an advance from Centrelink.
https://www.humanservices.gov.au/individuals/online-help/centrelink/apply-advance-payment-your-centrelink-online-account
The Australian Government’s MoneySmart Website shows you how small amount loans work and suggests other options that may help you.
* This statement is an Australian Government requirement under the National Consumer Credit Protection Act 2009.