Buying privately
A private purchase needs seller, vehicle and payment arrangements reviewed.
Keep in mind: Confirm the seller, vehicle condition and registered security interests before paying.
Explore this option →Car · A CLEARER STARTING POINT
Dealer Purchase Car Loan
Found a car at a dealership? Understand the drive-away price, finance terms and steps to collection.
Explore the information first. Our team can help you understand the next step.
Your initial profile review won’t affect your credit score.
How credit checks work
The initial review does not involve a hard credit enquiry. If you choose to proceed, a formal credit application may involve a hard enquiry, which can affect your credit score.
YOUR CAR. YOUR STARTING LINE.
Where are you in your car journey?
Pick your stage for a practical checklist and a useful next step.
Plan the car around your budget.
Build a comfortable purchase budget before narrowing your search. We can explain the finance process and the information needed to explore your options.
- Allow for the purchase price, registration, insurance and ongoing running costs.
- Consider your deposit or trade-in and a repayment that fits your budget.
- Tell us whether the vehicle is for personal, business or rideshare use.
- Discuss the next steps before committing to a purchase.
THE ESSENTIALS
Your finance essentials.
Whether you are looking at a new purchase or your current vehicle finance, start with the vehicle, your goal and your preferred timing. We can discuss the information needed to review your request.
- Purpose
- Buying a new or used vehicle from a dealer.
- How it works
- Review an itemised vehicle quote, your contribution and the proposed loan terms before settlement.
- Security to understand
- Vehicle loans may use the vehicle as security. Ask what is secured and what can happen if repayments are missed.
- Costs to compare
- Compare the interest rate, applicable comparison rate, fees, term and total repayments. Ask about early payout charges.
A LITTLE MORE CLARITY
Your purchase path makes a difference.
These explanations help you understand the differences. They do not select a product for you.
Explore related funding structures
Reviewing an existing loan
Compare the current payout and remaining costs with a proposed replacement loan.
Keep in mind: A lower repayment can reflect a longer term. Check the full cost and any balloon.
Explore this option →A vehicle for business
Explain the actual intended business and personal use.
Keep in mind: Holding an ABN does not by itself determine the finance structure or approval.
Explore this option →A situation you might recognise
ILLUSTRATIVE EXAMPLE
You have found a car at a dealership and want to understand the purchase budget and finance costs before signing.
The team would discuss the purpose, information available, costs and repayment obligations before any next step. This illustration is not a client story, offer or approval.
Before you decide
Compare finance separately from optional extras and the vehicle price. Confirm any finance condition before committing.
ASIC Moneysmart: car loans ↗GETTING READYA little preparation.
A little preparation.
A better conversation.
You don’t need to have every answer before contacting us. Start with your goal and our team will explain what information is needed.
For this particular request
The dealer quote, vehicle details, deposit or trade-in, and any optional extras itemised separately.
If you are employed
- Recent payslips and the details of your employment.
- Income statements and evidence of regular commitments, as requested.
If you work for yourself
- Available tax returns, accounts, BAS or business statements.
- How you pay yourself, seasonal changes and existing commitments.
Self-employed consumer finance: accountant’s letter option
Self-employed and applying for a car for personal use, a personal loan or another eligible consumer purpose? If your last two years of tax returns are not yet complete, an accountant’s letter may be accepted as the income document for eligible finance options.
Ask our team about an accountant-letter-only income verification option. Identification and other standard application information may still be required. Availability is subject to product criteria, assessment and approval.
These are conversation checklists, not the final application requirements. Our team will confirm the relevant records and periods.
What should I tell the team?
Your goal, preferred timing, and any circumstances you would like us to understand. Share sensitive documents only through a verified, approved process.
NO GUESSWORK REQUIRED.
Your questions, welcome.
Should I review optional extras separately from the car price?
Yes. Ask for an itemised drive-away quote showing the vehicle, accessories, warranties, insurance or other extras. Decide what you want before including costs in finance. Financing an extra generally adds repayment costs as well as its purchase price.
How should I plan for a final balloon payment?
A balloon leaves a lump sum due at the end of the loan. It can reduce regular repayments while leaving more debt outstanding during the term. Plan how you would pay it; refinancing or sale proceeds are not guaranteed to cover the amount.
Can I enquire before I choose a car?
Yes. Start with your budget, the type of vehicle and whether it is new or used. Once you choose a car, provide the dealer’s quote for review.
What should be on the dealer quote?
Ask for the vehicle details, purchase price and a clear breakdown of extras and charges. Tell us about any deposit or trade-in so the requested amount is clear.
Should I pay a deposit before finance is confirmed?
Before paying or signing, clarify the dealer’s refund terms and any finance condition in the sale contract. An enquiry is not finance approval.
What rate and fees would apply to me?
These depend on the product and your individual assessment. Ask for the rate, fees, repayment schedule and total cost in the proposed terms before deciding.
Can I start with a quick question?
Yes. Choose the short enquiry to share your goal and contact details, or take the full application path if you have more time. The team can clarify what is needed next.
Still wondering about something?
Share a little about your plans, or complete the full application if you’re ready.
Choose how to get started →