New & Used Car Loans from 17.9% p.a.

Larger loans. Longer terms. Better rates!

How Much?

$
$500$10,000

Repayment Term

6 months36 months

Interest rate from p.a.

19.9%

Comparison rate from p.a.

44.2%

Minimum weekly repayment

$72.48

Total repayment

$3,766

When you apply for a car loan with Fair Go Finance, we understand you’re looking for a loan to help with anything car OR vehicle related. Yes, we really do mean anything!

Our car loans range from $500 up to $10,000 for good credit customers and up to $5,000 for customers who’ve currently got bad credit. If you’re not sure what your credit rating is, it’s always a good idea to find out what it is before you apply.

So whether you’re looking for a new or used car loan, we can help. Our online loans are quick and simple to apply for. To get started, try out our car loan repayment calculator!

 

What can a car loan be used for?

A car loan from Fair Go Finance can be used for:

  • Purchasing a car privately or from a car yard
  • Tyres, car repairs, registration and unexpected vehicle costs
  • A new or second-hand motorbike
  • Purchasing a boat, caravan or trailer
  • Car hire costs during a holiday

As you can see, our car loans aren’t restricted to just buying a car. Our loans can be used for purchasing new and used cars, as well as any car related expenses or to buy other types of registered vehicles too!

  • Why should I choose a car loan from Fair Go Finance?

    You can buy a car privately or from a dealer – it’s your choice!

    Some car loan providers have restrictions on where you can buy your car from – but not us! So whether you’re looking to buy your next car from a dealership or a private seller, our new and used car loans have got you covered.

    You can get a loan pre-approval so you know exactly how much you can spend!

    At Fair Go Finance, you can apply for a car loan even if you haven’t found a car or vehicle yet! Many customers prefer to go this way because they will know the exact amount they have towards the purchase before they go looking.

    You’ll receive our awesome “Fair Go” customer service

    Fair Go Finance has a 90% customer satisfaction rate because of our team of Customer Solution Consultants who make financing your car a breeze. At Fair Go Finance, we know there may be times when you need to speak to someone. Our friendly staff are all based in Australia and are able to speak to you via phone, email or live chat. Plus, if your situation changes and you need to discuss your repayment options, we can help. After all, we pride ourselves on giving you a fair go.

    See how we helped Mark from South Australia buy his dream car with a bad credit car loan, or how we helped David in Queensland with a secured car loan to buy a caravan. For more success stories, check out our car loan reviews below.

What to look for (and look out for) when getting car finance

Did you know there’s a lot to consider when you are looking for a new or used car loan?

If you’re thinking of buying a car and you need car finance, read our blog “What to look for (and look out for) when getting car finance” which gives some really important tips to help you navigate this type of finance!

  • How do I apply for a vehicle loan with Fair Go Finance?

    We’ve made the loan application process very simple to ensure that your vehicle loan gets to you quickly.

    1. Choose how much you need using our car loan calculator.
    2. Click “go” and fill out the simple application form.
    3. Upload your bank statements using our secure process and submit!

     

    If you receive an immediate conditional approval, a friendly Customer Solutions Consultant will verify your details and complete your assessment. If everything’s good to go, they will get in touch with you to tailor your car loan to your personal situation. Once you’re happy, the car finance will be transferred directly into your bank account!

  • Am I eligible for a car loan?

    To apply for a car loan, you need to be 18 years of age or older, a permanent Australian resident and in regular paid employment.

    For our larger car loans, you will need to provide security such as a registered vehicle already in your name (with no other loans against it) or be buying a vehicle that can be used as security.

    If your loan is under $2,000 then it’s unlikely that you will need to provide security for the loan.

    If you have bad credit, we may still be able to help you with a bad credit car loan up to $5,000.

  • Do I need car insurance if I take out a car loan?

    We always recommend drivers be insured and remind our customers they are able to apply for more if they wish to finance their insurance.

    We understand that comprehensive insurance can be expensive, so we do have minimum insurance requirements depending on the size of the car loan.

    For car loans up to $5,000 insurance is optional.

    For car loans between $5,001 to $7,000 3rd party fire and theft insurance is required.

    For car loans between $7,001 and $10,000 comprehensive car insurance is required.

  • Should I buy a car using a credit card instead of car loan?

    At Fair Go Finance, we believe there are far more risks involved when you use a credit card to buy a car.

    We understand many people are attracted to offers of interest-free periods and earning lots of points, but it’s important to weigh up both of the options based on your own situation.

    If you have been considering whether to use a credit card or car loan, please read our blog, “What costs more? A large personal loan or a credit card” to help you make an informed decision!

  • Are there any hidden fees in car loans?

    At Fair Go Finance, we have no hidden fees and are completely up-front and transparent about all our car loan costs. In fact, our car loan calculator tells you everything you need to know!

    However, we know that there are some car loan providers that have additional fees hidden in the small print, such as early repayment fees, which they may not tell you about.

    Make sure you ask them to explain all the fees that may be charged – especially early payout fees – as you may have to pay the entire amount of interest on the loan even if you repay it over a shorter term.

  • Where can I get help applying for car finance?

    If at any stage of our application process you have questions, do not hesitate to give us a call on 1300 FAIR GO or use our live chat.

Want to know how much you can borrow? Try our car loan calculator!

Already know how much you want to borrow, but not sure how much your repayments will be? With our car loan repayment calculator, you can check to see what your repayments will be like and whether you’re able to manage the monthly repayments. All before you even apply!

Larger loans. Longer terms. Better rates!

How Much?

$
$500$10,000

Repayment Term

6 months36 months

Interest rate from p.a.

19.9%

Comparison rate from p.a.

44.2%

Minimum weekly repayment

$72.48

Total repayment

$3,766

Are you eligible to apply?

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.
www.humanservices.gov.au/advancerepayments

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.