Car Loans Australia
Whether you're buying your first car, upgrading to something better, or need reliable wheels to get to work, we'll help you find the right car loan with access to over 40 lenders - including specialists for bad credit, no deposit, and self-employed borrowers.Compare car loans from 40+ lenders. Bad credit, no deposit, and self-employed options available.
We compare options to find a car loan that fits your situation.
Car Finance Made Simple
Buying a car is a big decision, and finding the right finance shouldn't be a headache. At Your Lending Friend, we do the hard work for you - comparing car loans from banks, credit unions, and specialist lenders to find options that match your situation.
First car? Family upgrade? Self-employed? Bad credit? We've helped Australians in all kinds of situations get behind the wheel. Our brokers take the time to understand what you need and find lenders who can help — whether you're after the best rate or need a specialist option.
Car Loan Types
Find the right finance for your situation
Popular Options
New Car Loans
Finance for brand-new vehicles with competitive rates. Options from 2 to 7 years with fixed or variable rates.
Used Car Finance
Finance cars up to 15 years old (some lenders go older). Great for getting more car for your budget.
Bad Credit Car Loans
Specialist lenders who look beyond your credit score. Options for defaults, bankruptcy, and poor credit history.
Car Loan Refinancing
Paying too much on your current car loan? Refinance to a lower rate and reduce your repayments.
Specialist Finance
No Deposit Car Loans
Don't have savings for a deposit? Some lenders offer 100% finance for approved applicants.
Learn more →Low-Doc Car Loans
Self-employed? Get car finance with just bank statements - no tax returns needed.
Learn more →Visa Holder Car Loans
Car finance for visa holders - temporary and permanent visas. Speak with our broker to confirm eligibility.
Learn more →New to Australia
Recently arrived? Finance options for newcomers - no Australian credit history required.
Learn more →Vehicle-Specific Finance
Estimate Your Repayments
Use our calculator to plan your budget before you apply
Finance by Vehicle
Popular makes and models we finance
Ford Ranger Finance
Australia's favourite 4x4 ute. Finance options for new and used Rangers with competitive rates.
Toyota Hilux Finance
Finance Australia's best-selling vehicle. Great resale value and flexible loan options.
Toyota Landcruiser Finance
Premium 4WD financing for the iconic Landcruiser. Higher loan amounts available.
Toyota RAV4 Finance
Australia's #2 selling vehicle. Finance for hybrid and petrol RAV4 models.
Toyota Prado Finance
Legendary 4WD finance. New 250 Series and used 150 Series options.
Ford Everest Finance
7-seat family SUV finance. Higher loan amounts for premium 4WD models.
Isuzu D-Max Finance
Reliable workhorse ute finance. ABN holder and business options available.
Mazda CX-5 Finance
Premium mid-size SUV at mainstream prices. Strong resale value.
Mitsubishi Outlander Finance
7-seat family SUV including PHEV. FBT exempt plug-in hybrid option.
Hyundai Kona Finance
Small SUV finance including Kona Electric. Potential green vehicle discounts.
Tesla Finance
EV financing with potential green vehicle discounts. Model 3, Y, S and X options.
BYD Finance
Australia's fastest-growing EV brand. Atto 3, Seal, Dolphin and Shark finance.
How Car Loans Work
Four simple steps to getting behind the wheel
Choose Your Loan Type
Secured car loans use the vehicle as security, offering lower rates. Unsecured loans don't require security but may have higher rates.
Get Pre-Approved
Know your budget before you shop. Pre-approval gives you a clear spending limit and shows sellers you're serious.
Find Your Car
Shop with confidence knowing your finance is sorted. Buy from a dealer or private seller - we can help with both.
Settle & Drive
Once you've chosen your car, we finalise the paperwork and get you on the road. Often within 24-48 hours.
Checking your options won't affect your credit score
Car Loan Features Explained
| Feature | What It Means |
|---|---|
| Fixed Rate | Your rate and repayments stay the same for the loan term |
| Variable Rate | Rate can change with the market - could go up or down |
| Balloon Payment | Lower regular repayments with a larger final payment |
| No Early Exit Fees | Pay off your loan early without penalty |
| Partial Finance | Finance the whole amount or just part of the purchase price |
| Extra Repayments | Make additional fee-free repayments to pay off your loan faster |
What Rate Can I Expect?
Indicative ranges across our 40+ lender panel — your rate depends on your credit profile, the loan and the lender
| Credit Profile | Indicative Rate Range |
|---|---|
| Good credit | 6% - 10% p.a. |
| Fair credit | 10% - 14% p.a. |
| Poor credit / Paid defaults | 12% - 18% p.a. |
| Unpaid defaults / Recent bankruptcy | 15% - 22% p.a. |
*Rates shown are indicative ranges across our lender panel, depend on your individual circumstances, and are not an offer of finance. The rate and a comparison rate for your specific loan will be set out in writing before you apply. Credit criteria, fees and charges apply.
Example: $35,000 over 5 years
At 8.00% p.a. with no balloon
≈ $710 / month
Total interest over the term ≈ $7,600
Example: $25,000 over 5 years
At 12.00% p.a. with no balloon
≈ $556 / month
Total interest over the term ≈ $8,370
*This example is illustrative only and is not a quote or an offer of finance. Your rate depends on your individual circumstances, and the rate and a comparison rate for your specific loan will be set out in writing before you apply. Credit criteria, fees and charges apply.
Who's on Our 40+ Lender Panel?
Our most-used lenders include names you'll recognise — alongside specialist lenders you can't access by walking into a branch.
Lenders shown are among our most-used credit providers as disclosed in our Credit Guide. Our panel changes over time, and the right lender for you depends on your circumstances — no single lender suits everyone.
Award-Nominated Expertise
Emily has been named a finalist in two categories at the FBAA Awards of Supremacy 2026 — Australia's peak annual awards for finance brokers, now in their 9th year.
Finance Broker of the Year (NSW & ACT)
Community Award
The Finance Brokers Association of Australia (FBAA) Awards of Supremacy recognise outstanding brokers across Australia. Being named a finalist is a mark of genuine professional excellence.
General Requirements
For Bad Credit Applicants
We work with specialist lenders who consider:
Car Loan FAQs
Common questions about car finance
Yes. We specialise in bad credit car loans and work with lenders who look at your current situation, not just your credit history. Many of our customers have defaults, previous bankruptcy, or poor credit and still get approved.
This depends on your income, expenses, and credit history. O...
This depends on your income, expenses, and credit history. Our lenders offer car loans from $5,000 to $100,000+. Use our car loan calculator to estimate your repayments and borrowing capacity.
Not always. Some lenders offer 100% financing for approved a...
Not always. Some lenders offer 100% financing for approved applicants. However, having a deposit can help you get approved or secure a better rate, especially if you have bad credit.
Most applications receive a response within 24 hours. For st...
Most applications receive a response within 24 hours. For straightforward applications, we can often get same-day approval. Settlement typically occurs within 2-5 business days.
No. Our initial quote process uses a soft credit check which...
No. Our initial quote process uses a soft credit check which doesn't impact your credit score. A full credit check only happens if you proceed with a formal application.
Absolutely. Even with a great credit score, a broker can com...
Absolutely. Even with a great credit score, a broker can compare rates across 40+ lenders including some you won't find on comparison sites. We often find rates and terms that are more competitive than going direct to a single bank.
Yes. We can arrange finance for cars purchased from dealers ...
Yes. We can arrange finance for cars purchased from dealers or private sellers. For private sales, we may need a vehicle inspection.
Still have questions? Contact our friendly team
Related Finance Options
Found the loan — want us to handle the dealer too?
YLF Car Concierge searches for your car, negotiates the deal on your behalf, and can package it with your finance. Flat fees confirmed upfront.
Ready to Hit the Road?
Get a quote in under 5 minutes - no impact to your credit score.
Getting a quote won't affect your credit score, and nothing is sent to a lender until you give the go-ahead.
Prefer to talk? Call us or send us a message.