Consumer Finance
Car Loans
New and used car loans, secured and unsecured, with settlement often within 24 hours.
Product details
Car Loans explained
Personal car loans are usually secured by the vehicle, which keeps rates well below an unsecured personal loan. Terms run three to seven years at a fixed rate, so repayments never move, and a balloon payment can be used to reduce monthly cost. Financing away from the dealership avoids inflated finance margins and lets you negotiate the drive-away price as a cash buyer.
Approval in 4 hours
What you get
- Fixed rates
- New & used
- No dealer markup
Repayment calculator
Illustrative only. Your Lonix broker will confirm actual rates.
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Total repaid
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FAQs
Car Loans — questions we hear
Can't find your answer? Your Lonix broker is one message away.
It depends on your circumstances, but Lonix brokers can typically arrange from $5,000 to $50m+ across our lender panel.
For many asset and business products, the asset itself is the security. Personal or unsecured options are also available.
Simple products can be approved within hours. Complex commercial deals take a few days to a couple of weeks.
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