Have a question about one of AFS' products or services? Find the answers you need quickly here to frequently asked questions.

Most Popular FAQ's

You can apply for a $5,000 loan; this is the smallest amount you can borrow for a car, bike, boat, caravan or camper trailer. AFS will provide finance up to a maximum of $130,000 dependent on the price of the asset you are purchasing and your ability to service the debt. 

About AFS Loan Amounts

Once you’ve submitted your loan application, approval is conditional pending credit checks and verification of the information you have supplied. Approval is usually obtained within 48 hours, subject to satisfactory credit checks and verification of financial information. Your Loan Account Manager can provide more information about documenting your loan and the settlement process.

Read more about the Loan Process here:

The Loan Process

What are AFS' current interest rates?

AFS has competitive Special Offer for a fixed rate loan on a new car, camper trailer, caravan or horse float that starts at 6.97%* (Comparison Rate 8.22% pa^). Save 1% off standard rate.

Whether the goods you are financing are for business or personal use, AFS offers a full range interest rates to cater for those with well established credit histories and stability but also has you covered if things haven't gone totally to plan or you've only been in business a short while.

There are many factors taken into account to determine the interest rate you may be charged, including, but not limited to your credit rating relative to other borrowers and how well you manage your debt commitments, the length of time at your residence and job, and the structure of the proposed loan and goods that you are buying.

Check out AFS' Interest Rates below for our fixed rate loans for either personal use or business use.

AFS Interest Rates

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's important that you fully understand the fees and charges associated with a particular credit product.

For your convenience, please find a list of fees and charges that are payable only if you decide to proceed with a loan from AFS.

AFS Fees & Charges

Does AFS only do car loans or car finance?

AFS definitely does more than cars!

We provide finance for all sorts of leisure goods including motorbikes, boats, jet skis or personal watercraft, caravans, and camper trailers.
AFS can arrange conditional approval of your loan before you start shopping so you have confidence to negotiate a great deal. You also have peace of mind knowing that your loan is regulated by the National Credit Code.

AFS has no restriction on the type or age of goods.

If you plan to buy a vintage, classic, unique, restored or imported vehicle, AFS are the specialist financial institution that most discerning buyers and finance brokers turn to.

AFS Classic Car Loans

Will AFS finance a private sale?

Yes. Dealer, Auction House or Private Sale - shop where you like to get the best deal.

We recommend arranging your finance ahead of time so that you can buy with confidence knowing your finance is pre-approved.

Check out some of the AFS Advantages:

AFS Advantages

AFS understands that bad things happen to good people and can assist you if you’ve struggled to manage your finances in the past and have credit defaults listed on your credit report. Our aim is to lend responsibly and rehabilitate your credit rating.

Learn more about how you can borrow money from AFS with a Bad Credit Car Loan:

AFS Bad Credit Car Loan


* 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 - $100,000 and where where the applicant owns or is buying a property, has an established good credit history and contributed a minimum deposit of 20%. Finance subject to approval, including the application of applicable 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 Limited – Australian credit licence 383762. ^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.
# Commercial rates are only available for novated leases or businesses with a registered Australian Business Number (ABN) and where the goods being financed are predominantly for business use.

Undertanding more about our products & services

Unlike the banks that give priority to home loan customers, at AFS the asset finance customer comes first – providing you fast approval, flexibility and financial freedom. However, we recommend you do your homework and research the market, including learning more about our products and services.

Since 1988 we have helped tens of thousands of customers to achieve their financial goals; let us help you.