Find the Right Car Loan for You
No matter what you're looking for - whether it's a brand-new ride, a reliable used car, a classic collector's dream, or an imported vehicle - AFS has a car loan to match. With flexible financing options and competitive rates, we make getting behind the wheel simple and stress-free. Explore our range of car loans below and find the right fit for your journey, from anywhere in Australia.
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Your Car Loan Options
Choose from our range of car loan options below and learn more about how AFS could help you!
Key Car Loan FAQs
What types of vehicles can I finance with AFS?
AFS could finance a wide range of vehicles including cars, utes, vans, motorbikes, caravans, campervans, boats, jet skis, trailers, trucks, tractors, and more. See vehicle finance to learn more and also note we offer commercial car finance too.
Also check out our classic car finance, used car finance and import car finance options.
How much can I borrow towards a vehicle?
You could borrow from $5,000 up to $130,000, depending on your needs and eligibility1.
While deposits are welcome, no deposit is necessary, so your loan could be financed 100% with AFS.
Are there any age restrictions on the cars you finance?
No, we do not have age restrictions on vehicles. We consider new, used, imported, classic, vintage, and restored cars or other vehicle types.
How quickly can I get pre-approved?
The online application should take about 5 to 10 minutes to complete.
After that, applications typically receive an initial pre-approval decision within 4 hours (during regular business hours), with full approvals typically completed in 24 - 48 business hours.
What is a conditional pre-approval and how long is it valid for?
A conditional pre-approval gives you an idea of how much you may be able to borrow before choosing a vehicle.
It is subject to final assessment when you’re ready to buy. If nothing in your circumstances has changed and no new issues are uncovered during the final checks, the loan should proceed to full approval smoothly.
What happens if my income includes some government benefits?
We can consider applications where less than 50% of your income comes from government benefits1.
If your only income is from benefits like JobSeeker, unfortunately we will not be able to help.
How does AFS’ fixed-rate loan help me manage my budget?
With a fixed-rate loan, your repayments stay the same for the entire term, giving you certainty and control over your finances.
Why should I choose AFS for my car finance over a bank or dealer loan?
Unlike many banks or dealers, we take the time to understand your situation and tailor solutions to fit. Our fast approvals, flexible terms, and support for a wide range of vehicles make us a strong option.
Example Car Loan Cost Overview
| 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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No matter where you are on your journey, we're always here to help!
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.