Compare Car Loans

Compare Car Loans Across 50+ Australian Lenders

The cheapest looking car loan isn't always the best one. We compare car loans across a panel of 50+ lenders and explain the full picture, including fees, loan term, balloon and repayment structure, so you can choose with confidence.

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What To Compare Besides The Interest Rate

Comparison rate

Combines the interest rate with most fees into a single figure, which makes loans easier to compare. Always check the comparison rate, not just the headline rate.

Upfront and ongoing fees

Establishment fees, monthly account fees and dealer or origination fees can add up over the life of the loan.

Loan term

A longer term lowers each repayment but usually increases the total interest paid.

Balloon or residual

A balloon reduces your repayments now in exchange for a lump sum at the end. Make sure the final payment is realistic for you.

Early payout costs

Some loans charge break costs or early termination fees if you pay the loan out early.

Secured vs unsecured

Loans secured against the vehicle are generally priced differently from unsecured personal loans.

Dealer Finance vs Bank vs Broker

Feature	Dealer	Bank	Freedom Capital Finance
Lenders compared	usually one or two in-house lenders	that bank's own products only	50+ lenders
Focus	closing the vehicle sale	its own loan products	your situation and repayments
Self employed income	varies	often geared to payslips	lenders matched to how you earn
Private sales	not applicable	process can be slow	checks, payout and settlement handled
Advice	sales staff	product staff	a licensed broker from first call to settlement

How To Compare Car Loans In 4 Steps

Know your budget

Work out a repayment that suits you before you look at cars.

Check your eligibility first

Our 60-second check helps you understand your options before a formal application.

Compare the full cost

Comparison rate, fees, term and balloon, side by side.

Choose and settle

Once you decide, we handle the application and settlement.

Car Loans We Compare

Compare Car Loans FAQs

Compare the comparison rate, all fees, the loan term and any balloon, not just the headline interest rate. A broker can compare options across many lenders at once.

No. The comparison rate includes the interest rate plus most fees and charges, so it gives a truer picture of the cost of the loan.

Not necessarily. Brokers are typically paid a commission by the lender, and any fees are disclosed to you upfront in our Credit Guide and Credit Quote before you proceed.

The eligibility check is not a credit application. A formal application and credit enquiry only happen with your consent if you choose to proceed with a lender.

Knowing your options before you shop puts you in a stronger position with the dealer or seller. We can help you understand what may be available before you commit to a vehicle.

Compare Your Options Before You Sign

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Australian Credit Licence 541194. Lender panel varies. Credit criteria, fees and charges apply. T&Cs apply.