*Subject to lending criteria, T's and C's'
*Subject to lending criteria, T's and C's'
Right model. Right price. Low kilometres. Just one problem. Your bank said no. Don’t sweat it. At Jacaranda Finance, we can make car loans happen when the banks won't.
The important stuff:
Qualify in minutes with no impact on your credit score*
Apply by 3:00pm with everything we need, and you’ll get your loan outcome that same day2 — simple as that.
No waiting, no wondering. Just clarity and speed when you want to get behind the wheel fast. Most banks take days to respond. Thanks to our clever tech, we move in hours because your time matters.
We know you’re more than a credit score and sometimes life doesn’t fit inside a bank’s checklist.
That’s why we take a different approach. By securely reviewing your recent bank statements, we build a clearer picture of your financial situation — one that gives you a real shot at approval.
It’s a fairer way to assess, and a faster way to move forward.
Get pre-approved for your car loan and know exactly what you can spend. Shop with confidence and act fast when you find the right car. Once finalised, we can transfer funds in as little as 60 seconds3.
Before you apply for a loan, we think it's important to review your budget and be certain that you can comfortably repay it.
Once you know what you can afford in your budget, use our three-step loan repayment calculator to estimate your repayments before you apply.
Ready to Apply? You can get started now.With competitive interest rates and no hidden fees, our Car Loans are designed to be fast, fair, and, above all, affordable. See the table below for a quick guide to our fees and charges, or visit our fees page for more information.
We’re not a bank. We’re a smarter kind of lender that looks beyond credit scores to understand your real financial health. Our clever Edge Score system uses extra data from your bank statements to see how you're managing money today - not just your past.
It’s fast, simple, and secure and it could help you get the funds you need, when you need them most. That’s what sets us apart.
Are you eligible for a Jacaranda Car Loan?
You must meet the following basic eligibility criteria before submitting an application:
Read our most frequently asked questions below to learn more about getting a car loan with Jacaranda.
In Australia, a car loan is essentially just a personal loan used specifically for buying a car. Unlike many personal loans, which can be unsecured - not having an asset used as security on the loan - our car loans are always secured loans. This means the lender can repossess the car and sell it should you be unable to meet your obligation to repay the car loan.
Jacaranda offers two loan products with varying loan amounts that you could borrow:
These two loan products also have varying loan terms:
For detailed information about who our products are designed for, please review our Target Market Determinations.
In addition to qualifying, we have specific requirements for car loan applicants. Generally speaking, however, the car will be eligible as long as it's roadworthy and fits within our maximum loan amount.
There are additional documents we may require about the car, depending on whether you’re buying through a dealership or a private sale. Dealerships generally require fewer documents due to the reduced risk to both the borrower and the lender. See our page on car loans through private sales vs dealerships for more information on the documents we need.
Get in touch with us if you have any questions about whether the car you want is likely to be eligible.
Yes. Our conditional pre-approval can give you the confidence to know how much you can borrow, so you can buy the right car when you find it. Most new applications are processed with conditional approval on the same day during normal business hours once all supporting information required has been provided2.
See our car loan pre-approval page for more information on how this process works.
Technically, our pre-approval lasts for seven days, after which you'll need to contact us to renew it.
Thanks to our fast processing times, seven days could be enough for you to finish the paperwork on your new car, but if not, don't stress! We’ll keep in contact with you during your pre-approval, and if you need extra time, we can easily extend it.
Before you formally apply with Jacaranda, you can check if you qualify for a loan in a way that does not impact your credit score. We do this by performing a 'soft' credit check that is only visible to you.
If you don't meet our initial criteria, your credit score won't be affected.
Once you've checked your eligibility and we've let you know that you do qualify for a loan, you have the option to move forward with a full application.
We will perform a credit assessment during this process, which involves checking your credit report. By submitting a full application, you authorise Jacaranda Finance to obtain a copy of your full credit file, referred to as a 'hard' credit check.
Other lenders will be able to see that you applied for a loan with Jacaranda.
This might impact your credit score.
Review our Privacy Policy for more information.
Visit our rates and fees page to get an idea of the costs associated with our loan products.
The interest rate, fees and charges applied to your loan will depend on your individual circumstances and the information verified during the loan assessment. It will also depend on our assessment criteria, loan amount, and loan term for which you qualify.
Use our loan repayment estimate calculator to get a guide on what your repayments could be.Â
$3,000 - $25,000
