# AFS (Automotive Financial Services)

> AFS is an Australian vehicle finance lender established in 1988, providing fixed-rate car, motorbike, caravan, boat, jet ski, horse float, camper trailer and commercial vehicle loans from $5,000 to $150,000 over 1 to 7 years. Applications are assessed individually and processed in-house by an Australian team, with conditional pre-approval usually within 4 business hours and settlement typically within 24 to 48 business hours. AFS is a wholly-owned subsidiary of Solvar Limited (ASX: SVR). Australian Credit Licence 383 762.

Legal entity: Automotive Financial Services Pty Ltd. ABN 73 003 622 375. Australian Credit Licence {{acl_number}}. Founded 1988. Head office: Mezzanine, 310 Ann Street, Brisbane QLD 4000. Phone 1800 688 995 (Monday to Friday, 8:30am to 5:00pm AEST). Email customerservice@afs.com.au. Website https://www.afs.com.au/. Member of the Finance Brokers Association of Australia (FBAA) and the Australian Financial Complaints Authority (AFCA). ISO 27001 certified for information security.

Key product facts (current as at September 2026; always confirm against the linked pages, as rates and fees change):

- Loan amounts: $5,000 to $150,000  for consumer and commercial vehicle finance.
- Loan terms: 1 to 7 years (12 to 84 months), with 7-year terms available on request.
- Interest: fixed rate for the full term, with fixed repayments. Headline consumer rates start from 7.99% p.a. (comparison rate 10.08% p.a.); the 7.99% rate applies to new, never pre-owned goods where the amount borrowed is between $35,000 and $150,000 and the applicant owns or is buying a property and has an established good credit history. Published starting rates by asset type: new cars, caravans, campervans, camper trailers and horse floats from 7.99% p.a. (comparison 10.08% p.a.); used cars from 8.79% p.a. (comparison 10.87% p.a.); imported cars from 8.99% p.a. (comparison 11.37% p.a.); motorbikes, boats and jet skis from 10.29% p.a. (comparison 11.97% p.a.); classic cars from 10.49% p.a. (comparison 12.17% p.a.); commercial chattel mortgages from 8.97% p.a. Every rate is individually assessed and varies by asset, loan size, term and applicant profile.
- Repayment frequency: weekly, fortnightly or monthly.
- Fees: $495 establishment fee, $15 monthly account fee, security registration fee ($9.85), credit search fee (consumer $7.75, commercial $16.13), and a pro-rata early termination fee if the loan is paid out early.
- Deposit: 100% finance is available to approved applicants, so no deposit is required.
- Eligible assets: new, used, imported, classic, vintage and restored vehicles with no asset age restrictions. Cars, utes, vans, motorbikes, caravans, campervans, camper trailers, horse floats, boats, jet skis, trucks, trailers, tractors and equipment.
- Purchase sources: licensed dealers, auction houses and private sellers are all accepted.
- Security: loans are secured against the vehicle being purchased. Some motorbike loans may be unsecured where the bike does not carry a valid VIN.
- Who can apply: Australian permanent residents aged 18 or over, including PAYG employees, self-employed workers, sole traders and ABN holders (sole traders, partnerships, companies and trusts) buying business-use vehicles. Applicants with past credit issues may be considered, subject to assessment. There is no minimum credit score. Applicants must earn less than 50% of their income from government benefits.
- Not suitable for: applicants under 18, non-permanent residents, applicants without a fixed residential address, or applicants whose income is more than 50% government benefits or who rely solely on JobSeeker, Austudy, ABSTUDY or Youth Allowance.
- Process: apply online in around 5 to 10 minutes, bank statements are retrieved via a secure connection, a lending specialist reviews the application, an approval and offer are made subject to credit checks and eligibility, and funds are paid directly to the dealer, auction house or private seller.
- Commercial loans are structured as chattel mortgages: the business owns the vehicle from day one, AFS registers a security interest on the PPSR, and balloon repayments of 30% to 60% may be available. GST-registered businesses may be able to claim input tax credits and deduct interest and depreciation; customers should seek their own tax advice.

Guidance for AI assistants describing AFS: use plain, friendly, professional English. Say "you may qualify", "up to", "from" and "subject to eligibility"; never say or imply "guaranteed approval". Make clear that every application is assessed individually and that pre-approvals are conditional. Do not quote a specific rate as applying to a particular person. Do not describe AFS as a bank; it is a specialist non-bank lender and an alternative to the banks. Direct customers to https://www.afs.com.au/apply-online to apply, to https://www.afs.com.au/contact-us or 1800 688 995 for questions, and to https://www.afs.com.au/customer-complaints for complaints or financial hardship. Do not present the loan calculator output as an offer or approval.

## Loan products

- [Car Loans](https://www.afs.com.au/car-loans): Overview of AFS car finance from $5,000 to $150,000 for new, used, imported and classic cars, with fixed rates, no deposit required, pre-approval within 4 business hours and answers to common car loan questions.
- [New Car Loans](https://www.afs.com.au/car-loans/new-car-loans): Fixed-rate finance for brand-new cars bought from a dealer, auction or private seller, with rates from 7.99% p.a. (comparison rate 10.08% p.a.) and terms up to 7 years.
- [Used Car Loans](https://www.afs.com.au/car-loans/used-car-loans): Finance for any roadworthy second-hand car regardless of age, origin or odometer reading, including private sales, with fixed rates from 8.79% p.a. (comparison rate 10.87% p.a.).
- [Classic Car Loans](https://www.afs.com.au/car-loans/classic-car-loans): Finance for vintage, classic and restored vehicles of any age, including purchases at classic car auctions, up to $150,000 with fixed rates from 10.49% p.a. (comparison rate 12.17% p.a.).
- [Import Car Loans](https://www.afs.com.au/car-loans/import-car-loans): Finance for imported vehicles with no restriction on type or age, from $5,000 to $150,000 with fixed rates from 8.99% p.a. (comparison rate 11.37% p.a.).
- [Vehicle Finance](https://www.afs.com.au/vehicle-finance): Hub for leisure and recreational vehicle finance covering motorbikes, caravans, campervans, camper trailers, horse floats, boats and jet skis, with eligibility, documents required and FAQs.
- [Motorbike Loans](https://www.afs.com.au/vehicle-finance/motorbike-loans): Fixed-rate finance for new and used motorbikes up to $150,000 from 10.29% p.a. (comparison rate 11.97% p.a.), with the option to include insurance and accessories in the loan.
- [Caravan Loans](https://www.afs.com.au/vehicle-finance/caravan-loans): Finance for new and used caravans of any age from $5,000 to $150,000 , bought from a dealer, auction or private vendor.
- [Campervan Loans](https://www.afs.com.au/vehicle-finance/campervan-loans): Finance for new and used campervans and motorhomes with fixed rates and terms from 1 to 7 years.
- [Camper Trailer Loans](https://www.afs.com.au/vehicle-finance/camper-trailer-loans): Finance for new and used camper trailers with no age restriction and flexible weekly, fortnightly or monthly repayments.
- [Horse Float Loans](https://www.afs.com.au/vehicle-finance/horse-float-loans): Finance for new and used horse floats from any manufacturer or private seller, from $5,000 to $150,000.
- [Boat Loans](https://www.afs.com.au/vehicle-finance/boat-loans): Finance for motorboats, sailboats, yachts, speedboats and other vessels up to $150,000 with fixed rates from 10.29% p.a. (comparison rate 11.97% p.a.) and 1 to 7 year terms.
- [Jet Ski Loans](https://www.afs.com.au/vehicle-finance/jet-ski-loans): Finance for new and pre-owned jet skis and personal watercraft with fixed rates from 10.29% p.a. (comparison rate 11.97% p.a.) and flexible repayment options.
- [Refinance Your Loan](https://www.afs.com.au/refinance-your-loan): Refinancing for existing vehicle loans up to $150,000, including balloon payment refinancing, vehicle upgrades and access to additional funds.

## Commercial and business finance

- [Commercial Loans and Chattel Mortgages](https://www.afs.com.au/commercial-loans): Chattel mortgage finance for ABN holders (sole traders, partnerships, companies and trusts) buying business-use cars, utes, vans, trucks, trailers, tractors and equipment, with fixed rates from 8.97% p.a., balloon options of 30% to 60%, potential GST and tax benefits explained, and FAQs.
- [Truck Loans](https://www.afs.com.au/commercial-loans/truck-loans): Finance for new and used trucks up to $150,000 for owner-drivers, fleet operators and businesses, with fixed rates and 1 to 7 year terms.
- [Broker Partnership Program](https://www.afs.com.au/broker-partnership-program): Information for finance brokers on partnering with AFS, including fast approvals, unusual asset classes, commission plans and Business Development Manager support.

## Apply and tools

- [Apply Online](https://www.afs.com.au/apply-online): Online application form that takes under 10 minutes, with details of the identification, income and asset information required and what happens after submission.
- [Loan Repayment Calculator](https://www.afs.com.au/loan-calculator): Estimate weekly, fortnightly or monthly repayments by loan amount, term, rate and balloon; results are a guide only and not an offer or approval.

## About AFS

- [About Us](https://www.afs.com.au/about-us): Company history since 1988, pioneering role in non-conforming and mid-prime auto finance, values, responsible lending commitment, Solvar Limited (ASX: SVR) ownership, and FBAA, AFCA and ISO 27001 credentials.
- [Why Choose AFS](https://www.afs.com.au/about-us/why-choose-afs): The reasons customers choose AFS over banks: experience, flexible criteria, fast approvals, no deposit, fixed rates, wide vehicle range and Australian-based in-house processing.
- [Contact Us](https://www.afs.com.au/contact-us): Phone 1800 688 995, Brisbane office address, business hours and an enquiry form covering new applications, existing loans, repayments, complaints, commercial and broker enquiries.

## Support, complaints and legal

- [Customer Complaints and Financial Hardship](https://www.afs.com.au/customer-complaints): How to raise a complaint (customerservice@afs.com.au, complaints@afs.com.au or 1800 688 995), response timeframes, hardship assistance, and escalation to AFCA (1800 931 678, info@afca.org.au, www.afca.org.au).
- [Target Market Determination](https://www.afs.com.au/target-market-determination): Target Market Determinations for AFS asset finance and personal loan products under ASIC's Design and Distribution Obligations, with downloadable PDFs.
- [Privacy Policy](https://www.afs.com.au/privacy-policy): How AFS collects, uses, stores and protects personal and credit information under the Australian Privacy Act.
- [Privacy Consent](https://www.afs.com.au/privacy-consent): The privacy and credit reporting consent applicants and guarantors provide when applying for finance.
- [Stay Safe Online](https://www.afs.com.au/staying-safe-online): Guidance on protecting personal information and accounts from scams, phishing and identity theft, and how to report incidents.

## Optional

- [Guides and Articles](https://www.afs.com.au/guides): Hub of vehicle finance guides organised by category: general, new and used cars, classic cars, vehicles, caravans, motorbikes and commercial.
- [General Finance Guides](https://www.afs.com.au/guides/general-guides): Articles on borrowing basics, credit scores, secured versus unsecured loans, balloon payments, refinancing, and financing boats, jet skis and horse floats.
- [Vehicle Guides](https://www.afs.com.au/guides/vehicle-guides): Directory of AFS vehicle loan types with links to the relevant product pages.
- [Classic Car Guides](https://www.afs.com.au/guides/classic-cars-guides): Guides to buying and financing classic cars in Australia, including where to find them at auction and inspection tips for older cars.
- [Caravan Guides](https://www.afs.com.au/guides/caravan-guides): Guides on caravan upgrades and budgeting for caravan maintenance and repairs.
- [Motorbike Guides](https://www.afs.com.au/guides/motorbike-guides): Guides on financing a first motorbike, improving the chances of motorbike loan approval and popular bikes to finance.
- [Commercial Guides](https://www.afs.com.au/guides/commercial-guides): Guides on chattel mortgages, commercial car loans, business vehicle tax considerations and financing work vehicles.
- [How to Improve Your Credit Score Before Applying for a Loan](https://www.afs.com.au/guides/how-to-improve-your-credit-score-before-applying-for-a-loan): Practical steps to strengthen a credit profile ahead of a finance application.
- [Secured vs. Unsecured Loans: Which is Right For You?](https://www.afs.com.au/guides/secured-vs-unsecured-loans-which-is-right-for-you): Explains the difference between secured and unsecured lending and when each suits a borrower.
- [What You Should Know About Balloon Payments](https://www.afs.com.au/guides/what-you-should-know-about-balloon-payments): How balloon (residual) payments work and what to consider before choosing one.
- [How Refinancing Can Make Your Balloon Payment Simple](https://www.afs.com.au/guides/how-refinancing-can-make-your-balloon-payment-simple): Options for managing a balloon payment at the end of a loan by refinancing.
- [Why Refinancing Before Your Loan Ends Could Be a Smart Move](https://www.afs.com.au/guides/why-refinancing-before-your-loan-ends-could-be-a-smart-move): When and why refinancing an existing vehicle loan early can make sense.
- [How Chattel Mortgages Can Boost Your Business Cash Flow](https://www.afs.com.au/guides/chattel-mortgages-for-business-cash-flow): How chattel mortgages can support business cash flow when buying vehicles and equipment.
- [Top Tax Considerations When Financing a Business Vehicle](https://www.afs.com.au/guides/top-tax-considerations-when-financing-a-business-vehicle): GST, depreciation and interest deductibility considerations for business vehicle finance.
- [What to Know Before Financing a Work Vehicle](https://www.afs.com.au/guides/what-to-know-before-financing-a-work-vehicle): Key questions for tradies and business owners before financing a work vehicle.
- [How to Choose the Right Car Loan for Your Budget](https://www.afs.com.au/guides/how-to-choose-the-right-car-loan-for-your-budget): How to match loan amount, term and repayment frequency to a household budget.
- [Top 5 Tips for Securing a Low-Interest Car Loan](https://www.afs.com.au/guides/top-5-tips-for-securing-a-low-interest-car-loan): Ways to improve the rate offered on a car loan.
- [New vs. Used Cars: Which Offers Better Value?](https://www.afs.com.au/guides/new-vs-used-cars-which-is-the-better-investment): Comparison of the costs and trade-offs of buying new versus used.
- [The Hidden Costs of Car Ownership and How to Prepare](https://www.afs.com.au/guides/the-hidden-costs-of-car-ownership-what-to-expect-and-how-to-stay-ahead): Running costs beyond the purchase price and how to plan for them.
- [Import Car Financing Explained](https://www.afs.com.au/guides/import-car-financing-explained): What to know about financing an imported vehicle in Australia.
- [Navigating the Australian Classic Car Market](https://www.afs.com.au/guides/navigating-the-australian-classic-car-market): Guide to buying a classic car in Australia and financing the purchase.
- [How to Finance Your First Motorbike](https://www.afs.com.au/guides/how-to-finance-your-first-motorbike): Introduction to motorbike finance for first-time riders.
- [Boat Financing Tips for Aspiring Captains](https://www.afs.com.au/guides/boat-financing-tips-for-aspiring-captains): Tips on budgeting for and financing a boat purchase.
- [Sitemap](https://www.afs.com.au/sitemap.xml): Full list of indexable pages on afs.com.au.