Car Loans | Car Finance > Apply Online > The Loan Process

Understanding the Loan Process

Applying for a loan online is fast and easy, provided you understand the process.

Who can apply for a loan through us?

To be eligible for one of our loans you must be a permanent Australian resident, aged 18 years or older, with a regular permanent income.

AFS does not take into account any form of welfare payment when assessing your capacity to service the loan. 

What information do I need?

When completing the application, you will need to provide:

  • Your current Australian driver's licence details (or your Passport details if you do not have a driver’s licence)
  • Details of your current financial situation
  • Your contact details including email address.

We may use the contact information that you give us to contact you to help you complete your application.

Review our Information Checklist which outlines all necessary information you should have at hand before applying.

Did you know?

Providing accurate & up-to-date personal information will assist us approve your loan application faster and ensure your credit file contains accurate data.

Competitive Rates

6.97% p.a* Fixed Rate               

8.45% p.a^ Comparison Rate

Fixed Rate Loan for a
new car, boat, bike or caravan*

You can complete
our online application
in 6 easy steps!

* 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 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. 


What to expect


Allow 10 minutes to complete your application online


Once you have submitted the application, you will receive an email notification advising you that we have received your application and commenced the assessment process


You will also receive a number of disclosure documents by email. Please read these and save them for future record


We will respond to you within 2 working days:

  • To advise you of the application outcome once we have assessed your application and verified all the information you have supplied
  • To obtain further information in order for us to complete processing your loan


If you don’t have all the information you need, you can save a partially completed application and return to it, within 14 days, to complete the required information. We will issue you a secure login and password to the email address you supply us.










Now you know
Let's Go!.

Approval of your loan application

Final approval of your loan depends on:

  • Your agreement to the Privacy Act Consent and other agreements;
  • Our verification of the details you have provided including a credit check on each applicant; and
  • Your ability to provide us with any further information we may require to finalise your loan;


Documenting your loan & receiving the funds

Once we have completed our final assessment and the loan has been approved, we will:

  • Arrange to get all the necessary documentation to you to be reviewed, signed and returned to us;
  • Once the documentation is complied, funds will be disbursed as detailed in your loan contract.

You can easily check the status of your application by emailing us or phoning 1800 688 995 (9:00am to 5:00pm, Monday to Friday) from anywhere in Australia and speak with one of our representatives.