Auto Financing Made Easy
With over 30 years’ experience, AFS makes your auto finance journey, simple and stress-free.
Whether you're buying a car, caravan, boat, or commercial vehicle, we offer competitive fixed rates, no deposit options, and a quick online application process — making us a smart alternative to traditional banks.
1. All loans are subject to verification, suitability and affordability.
AFS Loan Products
Finance your new, used, import or classic car with AFS. Enjoy competitive rates, flexible terms.
AFS offers business loans for vans, trucks, and light commercial vehicles. Access competitive rates and flexible repayment options.
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Why Choose AFS
At AFS, our mission is to empower our customers with financial solutions that meet their unique needs. We strive to deliver unrivalled customer service and build lasting relationships with our clients. Our professional approach ensures that we conduct our business activities efficiently, honestly, and fairly, in line with our responsible lending obligations. Learn more About AFS here.
- Since 1988, AFS offers competitive auto finance rates and an easy application for car, bike, boat and caravan loans.
- We provide reliable flexible financing for consumers and businesses, specialising in SME loans.
- Excellent customer service, maintaining strong client relationships with honest industry practices.
- Competitive interest rates and a simple apply online form for new or used vehicle financing.
How it Works
What is auto finance?
Auto finance is a type of loan that helps you purchase a vehicle, such as a car, without paying the full amount upfront.
At AFS, we offer fixed-rate loans for a wide range of vehicles, including cars, utes, motorbikes, caravans, and even commercial car loans. Whether you're buying through a dealer, private seller, or auction, we could help you secure funding with flexible loan terms from 2 to 7 years.
You could borrow from $5,000 to $130,000, with 100% finance available - meaning no dewn payment is required for approved applicants. Our streamlined online application process, fast approvals, and local Australian support team make it easier to get on the road sooner.
Advantages of financing a vehicle through AFS
Vehicle finance with AFS comes with a range of benefits designed to suit your needs:
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No Deposit Required
Approved applicants can access 100% finance, making it easier to get started without upfront costs. -
Fixed Interest Rates
Enjoy predictable repayments over the life of your loan with our fixed-rate structure. -
Flexible Loan Terms
Choose a loan term from 2 to 7 years (12 to 84 months) to suit your budget and goals. -
Fast Turnaround Times
We aim to provide pre-approval within 4 business hours, with settlement typically in 24 - 48 hours. -
Broad Vehicle Range
Finance almost any type of vehicle, including new, used, imported, or vintage - regardless of age. -
Dealer, Auction, or Private Sales
Buy from where you want - AFS supports purchases from dealers, auctions, and private sellers. -
Australian-Based Team
Your application is processed in-house by our experienced Australian lending specialists. -
Criteria Flexibility
We consider applicants with a wide range of credit and employment histories, including self-employed and ABN holders.
Car & Vehicle Finance FAQs
Auto finance is a generic name for a type of loan used to buy a vehicle - such as a car, motorbike, caravan, or even a boat.
With AFS, you apply online and, if approved, we lend you the funds (money) to purchase the vehicle. You then repay the loan over time with fixed weekly, fortnightly, or monthly repayments.
The loan is secured against the vehicle, and our Australian-based team manages the process from start to finish.
Once you've submitted your loan enquiry, approval is conditional pending credit checks and verification of the details you have supplied.
Approval is usually obtained within 48 hours, subject to satisfactory checks and verification of your financial information.
Everything is completed electronically, with no paperwork required. Once submitted, our Australian lending team reviews your application and can often give you a pre-approval decision within hours.
The minimum amount you can borrow at AFS is $5,000. AFS will provide finance for up to a maximum of $130,000 dependent on the price of the asset you are purchasing and your ability to service that debt.
Approved applicants may be eligible for full vehicle finance with no upfront payment. We offer up to 100% auto finance, meaning you could borrow the full purchase price of the vehicle1. whether you're buying from a dealer, private seller, or auction. All applications are assessed individually, and approval is subject to eligibility.
No. There are no fees payable to AFS or any third party to apply for a car loan or car finance. However, AFS will charge you some fees should you decide to proceed with the loan once you’re approved.
It is important that you fully understand the fees and charges associated with a particular financial product.
Sample Car Loan Cost Breakdown
| Borrow | Costs | Repay |
|---|---|---|
| $5,000 | $1,343 | $6,343 |
| 24 months at 7.99% APR & 23.98% Comparison Rate | ||
| $10,000 | $2,398 | $12,398 |
| 36 months at 7.99% APR & 14.53% Comparison Rate | ||
| $25,000 | $6,931 | $31,931 |
| 60 months at 7.99% APR & 10.08% Comparison Rate | ||
| $50,000 | $15,720 | $65,720 |
| 72 months at 8.49% APR & 9.46% Comparison Rate | ||
| $75,000 | $22,713 | $97,713 |
| 72 months at 8.49% APR & 9.14% Comparison Rate | ||
| $130,000 | $44,821 | $174,821 |
| 84 months at 8.49% APR & 8.84% Comparison Rate | ||
EXAMPLE: A secured car loan of $50,000 for 72 months has fees and charges totalling $15,720 and a total repayment of $65,720. The Minimum loan term is 24 months and the Maximum term 72 months. The loan term will be 72 months, 144 fortnights or 312 weeks. The Maximum APR is 8.49%. The Comparison Rate, based on a loan of $75,000 over six years, is 9.46%.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Please Note: Advertised costs and repayments have been rounded up to the nearest dollar amount, so costs may be slightly cheaper in most cases. Australian Credit Licence 383 762.
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Things you should know
1 All loans are subject to affordability, suitability and verification.
* Interest rate (Annual Percentage Rate/APR) is only applicable for new goods that have not been pre-owned, where the amount borrowed is between $35,000 and $130,000 and where the applicant owns or is buying a property and has an established good credit history. Finance subject to approval, including the application lending criteria. Terms and Conditions apply. Fees and Charges are payable. Interest rates vary depending on the applicant's credit score and associated credit risks. Credit provider is Automotive Financial Services Pty Ltd - Australian Credit Lcence 383 762.
^ Comparison rate for AFS Loan Contract and Mortgage is calculated on a loan amount of $30,000 secured over a term of 5 years based on monthly repayments. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
** Seven year loan terms by request only.
- If you use a licenced finance broker to assist you in applying for credit, there may be other fees and charges payable, such as a finance broker fee or Origination Fee. AFS enables you to finance an Origination Fee as part of the amount of credit up to a maximum value of $990 including GST. An Origination Fee represents the finance broker's fee to provide credit assistance to you. It is a one off fee that is only payable if you proceed with the suggested credit contract. Under the National Credit Code, a Finance Broker is required to give you their Credit Guide, a Credit Quote and, at the same time as providing assistance to you, give you a Credit Proposal Disclosure document which will details all the fees and charges payable and if any commission will be received by the finance broker.