How much can I borrow with a car loan?
At Jacaranda, our car loans range between $5,000 and $35,000. Apply for as much as you need. We’ll assess your current relationship with finances and sort out what will work best for you.
Is the interest rate fixed or variable?
Jacaranda’s car loans are fixed rate loans.
How do I apply for a car loan?
To apply for one of Jacaranda’s car loans, simply scroll up to the top of this page to find our loan calculator. Select the amount you’d like to borrow and the repayment period and click ‘Apply Now.’ Then, fill in the quick application and submit your supporting documents.
Our assessors will then determine if the loan you’ve applied for is both suitable and affordable for you. We aim to have all applications assessed and settled the same day we receive them, during business hours.
Are your car loans secured?
Yes, all Jacaranda car loans are secured. In some cases, you can secure your loan with the car you’re purchasing.
How long do I have to pay off my car loan?
Our car loan repayment terms vary from 2 to 5 years depending on the amount you apply for.
I’ve got a bad credit rating. Can you still offer me a car loan?
Yes! We can offer car loans to people with bad credit. Of course, we cannot guarantee approval, but we can look past your less than perfect credit score when assessing your application.
So, don’t let bad credit deter you from applying. We’ll do our best to approve you for a suitable car loan.
What should I be mindful of when selecting a car?
Be sure to negotiate the best possible price for your desired vehicle, as this will strengthen your application and improve your chances of approval.