If you want to use your new car as security, you can borrow at a lower interest rate than an unsecured personal loan. This means your repayments will be lower or you may be able to spend more on your dream car.

Pay a lower interest rate than on an unsecured loan because you are using your car as security against the loan amount.

A fixed interest rate means fixed repayments. You know exactly how much you need to pay each month.

Borrow from $10,000 with no maximum loan amount. If you want to borrow less than $10,000 take a look at our unsecured variable rate or fixed rate personal loans.

Choose a term from one to seven years. So you can pay it off quickly or spread it out a bit.

Your loan is secured by your new car. There’s no need for any other security.

Make your repayments weekly, fortnightly or monthly depending on when you get paid.

Make extra repayments. If you ever have spare cash you could pay off your loan faster and save on interest at a small cost.