Australia's Smartest Way to
Finance Your Car
Broker360 compares car loans from 40+ Australian lenders in a single application, no credit score impact, no broker fees, and a real licensed expert in your corner from start to settlement.
- Rates from 6.99 p.a (comparison rate:8.72)., new cars, EVs, refinance & bad credit
- One soft enquiry only, zero impact on your credit score
- Same-day pre-approval letters for dealer negotiations
- No cost to you
- No credit impact
- No obligation
- 4.9/5 Google
- 400+ Australians helped
Rates from (EV & Green Loans)
Why Us Broker360?
Stop Accepting the First Rate You're Offered
Dealership finance is designed for their margin, not yours. Broker360 shops 40+ lenders at once, and finds the rate your profile actually deserves.
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40+ Lenders, One Application
We submit once and match you to the lender most likely to approve you at the lowest rate, no shotgun credit applications damaging your score.
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We Work for You, Not the Bank
Our legal obligation is to you, to find a loan that suits your needs, not the lender's margin.
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Full Transparency Before You Sign
You'll see the comparison rate, all fees, and total repayable before committing. No surprises, no pressure.
Who We Help
Most Australians qualify.
Find out in minutes.
Whether you have perfect credit or a complicated history, we've helped thousands of borrowers get approved, often the same day.
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40+Lenders compared to find your best rate
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2 hrsAverage time from application to pre-approval
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4.9★Ratings on Google
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0 feeNo broker fee, we're paid by the lender, not you
You're likely eligible
Most applicants qualify. We work with lenders for every situation, including bad credit and self-employed.
- Australian citizen or permanent resident
- Any credit history, including defaults
- PAYG, self-employed, or Centrelink income
- New, used, EV, or refinancing existing loan
- 18+ years old
- No vehicle chosen yet, pre-approval first
Get pre-approved today.
No obligation, no impact on your credit score.
Takes under 3 minutes. A dedicated broker will call you within the hour to confirm your options and lock in your rate.
Secure & confidential, simple steps, better approvals
What We Finance + Every Situation Covered
Find the loan that fits
your situation.
New vehicles attract the lowest rates on the market. We can issue pre-approval before you step into a dealership, so you're negotiating on price, not scrambling for finance.
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New Car Loans
From 7.49% p.a. · Comp. 9.22%*The lowest rates on the market, reserved for new vehicles, where factory warranty and full value give lenders maximum confidence.
- Terms 1–7 years, borrow $5K–$130K+
- Pre-approval before you step into a dealer
- Removes the dealer's financing leverage
Best for: First-time buyers and anyone who wants to walk into a dealership with financing already locked.Get New Car Rate -
Used Car Loans
From 6.49% p.a. · Comp. 7.90%*Dealer or private sale, both fully supported. Most lenders on our panel accept vehicles up to 20 years old at commencement.
- Dealer and private sale both covered
- Vehicles up to 20 years old accepted
- PPSR check arranged, buy with confidence
Best for: Buyers purchasing second-hand from a car yard, private seller, or platforms like Carsales.Get Used Car Rate -
EV & Green Car Loans
From 6.99% p.a. · Comp. 8.72%*The market's lowest rates, plus FBT exemption guidance. We make sure you claim every government incentive you're entitled to.
- New and used EVs & PHEVs both eligible
- FBT novated lease for salaried employees
- All brands, Tesla, BYD, Hyundai, Kia & more
Best for: EV buyers who want to stack the government FBT exemption with the lowest available interest rate.Get EV Finance Rate -
Popular
Refinance Your Loan
From 6.49% p.a. (comp 7.90%), cut repayments todayDealer finance almost always has a margin built in. Refinancing switches you to a competitive rate, most clients save $100–$280/month.
- Free savings calculation before you commit
- Break-even analysis, exit fees vs. total savings
- Access equity if vehicle value exceeds balance
Best for: Anyone who took dealer or bank finance 12+ months ago and hasn't reviewed the rate since.Check My Savings, Free -
Bad Credit Car Loans
From 12.49% p.a. (Comp:15.06%) · specialist lendersA poor credit score isn't an automatic rejection. Specialist lenders assess your full picture, income, stability, deposit, not just the number.
- Defaults, judgements & Part 9, all considered
- Discharged bankruptcy (typically 2+ years post-discharge)
- No credit history, thin file borrowers welcome
Best for: Borrowers who've been rejected by a bank, or are worried their history will stop them. Don't self-reject, check first.Check If I Qualify, Free -
Business & Commercial
Chattel mortgage · CHP · Novated leaseBusiness finance structures unlock GST claims, depreciation, and pre-tax salary packaging, depending on your structure and use case.
- Chattel mortgage, claim GST & depreciation upfront
- Novated lease, salary-package with pre-tax dollars
- ABN & alt-doc applications accepted
Best for: Sole traders, small businesses, and salaried employees wanting to salary-package a vehicle.Discuss Business Finance
*Comparison rates based on a $30,000 secured loan over 5 years. Indicative only - your rate depends on credit profile, loan amount, and lender assessment. Fees and charges may apply.
The Process
From Enquiry to Keys in Hand
Here's exactly what happens when you work with Broker360, no surprises, no pressure, no hidden steps.
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Tell Us What You Need, 60 Seconds
Loan amount, vehicle type, and employment. No detailed paperwork yet. Soft enquiry only, zero impact on your credit score.
60 seconds online or call 08 6722 8806 -
Your Broker Calls Within the Hour
A dedicated, licensed credit representative reviews your situation and identifies which lenders suit your profile best, before anything is submitted.
Within 1 business hour -
We Submit to the Right Lenders, Not All of Them
We strategically select the 1–3 lenders most likely to approve you at the best rate. No shotgun applications, no unnecessary hard enquiries on your file.
Strategic, not scattergun -
You See Everything Before You Decide
Comparison rate, monthly repayments, all fees, total repayable, in plain English. You choose. If none suit you, there's zero obligation to proceed.
Your decision, always -
We Handle Settlement, You Just Drive Away
Broker360 manages everything between lender and dealer. Most settlements complete within 24–72 hours of formal approval.
Keys in hand, usually 24–72 hrs
Your True Rate, Not Just the Headline
We always present the comparison rate, which includes all standard fees. The headline rate alone is incomplete. You'll never see one without the other from us.
Every Fee, Itemised Upfront
Establishment fee, any monthly account fee, and early repayment conditions, all disclosed before you sign. The total repayable figure is always on the table.
No Obligation Until You Say Yes
Getting assessed and receiving offers costs you nothing and commits you to nothing. Walk away at any point, no fees, no pressure, no follow-up calls you didn't ask for.
Ready to see your rate?
- Takes 60 seconds to enquire
- No credit impact until you choose to proceed
- 100% free, no broker fees, ever
Know Your Options
Secured or unsecured:
which loan is yours?
Most car buyers choose a secured loan. Knowing the difference takes a moment and confirms you are on the right path.
Most common · recommended
Secured Car Loan
The vehicle acts as collateral, giving lenders confidence and giving you lower rates.
- Competitive rates for eligible borrowers
- Borrow up to $130,000 over 7 years
- More accessible for borrowers with moderate credit than unsecured loans
- Lender holds a security interest in the vehicle
- Vehicle must meet lender criteria (age, condition)
Right for you if: You are buying a new or used vehicle under 20 years old and want the most competitive rate available for your profile.
Niche use cases
Unsecured Personal Loan
No vehicle security required, but you will pay more for that flexibility.
- Finance any vehicle, including older cars
- Can also cover accessories, insurance, and extras
- No lender approval of the specific vehicle required
- Higher rates, typically 2 to 5 percentage points above equivalent secured loans
- Stricter credit requirements to offset lender risk
Right for you if: You are buying a vehicle that will not pass security criteria, such as very old cars, motorbikes, or specialist vehicles.
| Secured Loan | Unsecured Loan | |
|---|---|---|
| Typical rate range | 6.49% to 14.99% p.a. | 7.00% to 22.99% p.a. |
| Maximum loan amount | Up to $130,000 | Up to $50,000 |
| Maximum loan term | 7 years | 7 years |
| Vehicle age limit | Up to 20 years | Any age |
| Credit score required | Good to Excellent | Very Good to Excellent |
| Vehicle as collateral | Yes | No |
Rates shown are indicative ranges only. A personalised comparison rate will be provided with any credit quote. Individual rates depend on credit profile, loan amount, term, and lender. Credit score categories refer to general band descriptors and may vary across Equifax, Experian, and Illion.
This information is general in nature and does not constitute credit advice. Your individual circumstances, credit history, and the lender’s current criteria will all affect the rate and product available to you. Always consider whether a product is right for your situation before proceeding.
Rate Intelligence
Car Loan Interest Rates in Australia: The Full Picture
Rates vary significantly by loan type, credit profile, and lender. Here’s what actually moves the number, and what we do to find you a competitive rate.
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Credit Score
Your credit file (held by Equifax, Experian, or Illion) is the primary factor lenders assess. A strong score across any bureau unlocks more competitive rates; lower scores may require specialist lenders, which we also work with.
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Vehicle Type & Age
New vehicles attract lower rates. Older vehicles (10+ years) may attract higher rates as their remaining security value is lower and harder to recover in a default scenario.
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Employment & Income
Stable full-time employment generally attracts the most competitive rates. Self-employed and casual workers typically pay a higher rate due to income variability, though the right lender match matters as much as the category.
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Loan Term & Amount
Borrowing the right amount for your situation, without over-extending the term, keeps your total interest cost down. Very small loans (under $10k) can carry higher rates due to fixed lender processing costs.
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Deposit Amount
A larger deposit reduces the loan-to-value ratio, reducing lender risk and often unlocking better rates and higher approval chances.
This information is general in nature and does not constitute credit advice. Your individual circumstances, credit history, and the lender’s current criteria will all affect the rate and product available to you. Always consider whether a product is right for your situation before proceeding.
Common Questions
Car Loan FAQs, Answered in Plain English
Get in Touch
Get Your Free Rate
Comparison Today
No obligation, no credit impact, no broker fees. Fill in the form and a licensed Broker360 credit representative will contact you within 1 business hour.
- Response within 1 business hour
- Zero impact on your credit score
- 100% free, no broker fees, ever
- 40+ lenders compared for your profile
Compare My Car Loan Rate
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