Toyota Corolla Finance
The Toyota Corolla is Australia's most trusted small car - a reputation earned through decades of bulletproof reliability. Whether you're a first-time buyer, looking for economical family transport, or want the efficiency of the Hybrid, we'll help you find competitive finance from over 40 lenders.
Australia's most reliable small car
Finance the World's Best-Selling Car
There's a reason the Toyota Corolla has been the world's best-selling car for decades. It delivers what matters most: reliability you can count on, economical running costs, and value that endures. The Corolla doesn't make headlines - it just works, year after year.
At Your Lending Friend, we help Australians finance this sensible choice. Whether you're buying new from Toyota, finding a quality used model, or interested in the fuel-sipping Hybrid, we compare options from 40+ lenders to find competitive rates that fit your budget.
Why Finance a Corolla With Us?
Reliability, economy, and smart financing combined
Legendary Reliability
The Corolla is renowned as one of the world's most reliable vehicles. Toyota's quality means lower risk for lenders and better rates for you.
Excellent Fuel Economy
Especially in hybrid form, the Corolla offers outstanding fuel efficiency. Lower running costs mean more budget for repayments.
Strong Resale Value
Corollas hold their value exceptionally well in Australia. This means equity builds faster and better finance terms are available.
Low Running Costs
Affordable servicing, cheap parts, and excellent fuel economy. The Corolla is one of the most economical cars to own.
Toyota Corolla Models & Pricing
Approximate new pricing to help you plan your budget
Corolla Ascent Sport Hatch
$30,000 - $34,000
Entry-level value with Toyota Safety Sense, 8-inch display, and Apple CarPlay/Android Auto.
Corolla Ascent Sport Sedan
$32,000 - $36,000
Sedan body style with boot space. Same great features as the hatch.
Corolla SX Hatch
$35,000 - $39,000
Step up with larger 10.5-inch display, upgraded audio, and enhanced styling.
Corolla ZR Hatch
$38,000 - $42,000
Top-spec with leather-accented seats, heads-up display, and premium features.
Corolla Hybrid Ascent Sport
$35,000 - $39,000
Hybrid powertrain offering exceptional 4.2L/100km fuel economy.
Corolla Hybrid ZR
$42,000 - $46,000
Premium hybrid combining efficiency with top-level features and comfort.
*Prices are approximate drive-away and subject to change. Use our car loan calculator to estimate repayments.
Corolla Finance Options
Different ways to finance your Toyota Corolla
Consumer Car Loan
Standard secured car loan perfect for personal buyers. Your Corolla acts as security, helping secure competitive rates.
- Fixed or variable rates
- Terms from 2-7 years
- Balloon payment options
- Full ownership from day one
Best for: First-time buyers and families seeking reliable transport
Chattel Mortgage
Business finance option for ABN holders using the Corolla for work purposes like sales or services.
- GST claimed upfront
- Interest tax-deductible
- Depreciation benefits
- Flexible balloon options
Best for: Business owners needing economical transport
Novated Lease
Salary packaging through your employer. The Corolla's low running costs make it ideal for novated leasing.
- Pre-tax salary payments
- Running costs included
- GST savings
- Potential tax benefits
Best for: Employees wanting tax-effective motoring
How Corolla Finance Works
Four simple steps from application to driving away
Apply Online
Complete our simple 5-minute application. Share your income details and vehicle preferences.
Get Pre-Approved
We compare Corolla finance options from 40+ lenders. Know your budget before visiting Toyota.
Choose Your Corolla
Shop with confidence at your Toyota dealer or find a quality used model. Pre-approval gives you negotiating power.
Drive Away
Once you've chosen your Corolla, we handle the paperwork. Settlement typically takes 24-48 hours.
Checking your options won't affect your credit score
Calculate Your Corolla Repayments
Use our car loan calculator to estimate your monthly repayments on a Toyota Corolla. Adjust the loan amount, rate, and term to find a payment that works for your budget.
Try the CalculatorToyota Corolla Finance FAQs
Common questions about financing a Corolla
The Corolla has been one of Australia's best-selling cars for decades due to its exceptional reliability, low running costs, and strong resale value. It's the sensible choice that rarely disappoints, making it popular with families, first-time buyers, and fleet operators alike.
For city driving, absolutely. The Hybrid delivers around 4.2...
For city driving, absolutely. The Hybrid delivers around 4.2L/100km, significantly better than the petrol model. If you do a lot of urban driving, the fuel savings can offset the price difference. Both versions finance competitively.
Yes, we finance both new and used Corollas. Toyota's reliabi...
Yes, we finance both new and used Corollas. Toyota's reliability means older Corollas remain dependable choices. Models from the last 5-7 years often offer excellent value with modern safety features.
For good credit applicants, some lenders offer no-deposit fi...
For good credit applicants, some lenders offer no-deposit finance on Corollas due to Toyota's reputation and the model's strong resale value. Having 10-20% can secure better rates.
The Corolla is an excellent first car. It's affordable to bu...
The Corolla is an excellent first car. It's affordable to buy and run, reliable, safe, and holds its value well. Finance options are available for first-time buyers with limited credit history.
The hatch offers more cargo flexibility with the rear seats ...
The hatch offers more cargo flexibility with the rear seats folded, while the sedan provides more traditional boot space. For most buyers, the hatch is more versatile. Both body styles finance identically.
The Corolla's low running costs (fuel, servicing, insurance)...
The Corolla's low running costs (fuel, servicing, insurance) mean more of your budget is available for loan repayments. This can help you afford a newer or better-equipped model than you might otherwise consider.
Most applications receive a response within 24 hours. Straig...
Most applications receive a response within 24 hours. Straightforward applications often get same-day approval. Once approved, settlement with the dealer typically takes 24-48 hours.
Still have questions? Contact our friendly team