Car Loans up to
$25,000

Qualify in minutes*. Same day outcomes2.
Funds in 60 seconds3.

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Check If You Qualify

With no impact on your credit score*!

*Subject to lending criteria, T's and C's'

*Subject to lending criteria, T's and C's'

You’ve finally found your dream car.

The Unicorn

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:

  • Borrow up to $25,000 over 48 months.
  • Pre-approval available.
  • Financing all vehicle types: new cars, used cars, caravans, and motorcycles.
  • Private sales, dealership sales and balloon payment payouts.
  • Borrow the difference between your savings and the car you want.
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Fixed rates for the life of your loan

No hidden costs. No balloon payments. Flexible repayment schedules.

Car loans for when the banks say no

Qualify in minutes with no impact on your credit score*

  • Private Sale Car Loans

    Buy a used car with confidence

    Found the right used car? We make getting finance for a private sale simple. Enjoy more choice and savings when buying privately, and we’ll guide you through every step.

  • Dealership Car Loans

    Fast finance for new and used dealership sales

    Get approved quickly and enjoy dealership perks like trade-ins and warranties. We pay the dealership directly. They handle the paperwork, so you can drive away sooner.

  • Balloon Payments

    Keep the car you love

    Need to cover a balloon payment on your car lease or loan? We make it easy with fast, flexible finance, so you can pay it out and keep your car.

We look beyond the usual roadblocks to help more Australians access fair, fast, and flexible car finance — even when the banks can’t.

Same Day Loan Outcome2

We work faster to make your life easier

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.

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Flexible Loan Assessment

A path to yes when others say no

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.

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Pre-approved Car Loans

Know your car finance budget. Shop with confidence.

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.

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Over 5,000 reviews

Trusted By 1,000s

Google logo 4.9/5
Word of Mouth logo 4.8/5
ProductReview logo 4.7/5
TrustPilot logo 4.9/5
  • Google Logo
    Shaan Johari - Google Review
    Shaan Johari Rated Jacaranda Finance 5 out of 5 stars
    Super easy and fast system, applying was seamless and money was instant!
  • Google Logo
    Scott Milkauskas - Google Review
    Scott Milkauskas Rated Jacaranda Finance 5 out of 5 stars
    I found jacaranda after a few other places wouldn't even look at my application, there process was pretty quick, got a response almost immediately and a good deal! Can't ask for much more, would use again and recommend.
  • Google Logo
    naomie falconer - Google Review
    naomie falconer Rated Jacaranda Finance 5 out of 5 stars
    Jacaranda is always helpful, wonderful customer service every time. Contact is easy and quick.
  • Google Logo
    Nathan Ross - Google Review
    Nathan Ross Rated Jacaranda Finance 5 out of 5 stars
    Brilliant service and quick action during application process the best there can be when it comes to quick loans.
  • Google Logo
    Breeanne Pocock - Google Review
    Breeanne Pocock Rated Jacaranda Finance 4 out of 5 stars
    Jacaranda finance is definitely one of the smoothest and easiest places to apply for a loan. They make the process comfortable and with no hassle. Would recommend Jacaranda to any one !
  • Google Logo
    Dianita Miguel - Google Review
    Dianita Miguel Rated Jacaranda Finance 5 out of 5 stars
    It is easy to apply online, fast, reliable and they will try to help you as much as they can. I can recommend it to my friends and relatives. Thank you very much.
  • Google Logo
    Kevin Kupke - Google Review
    Kevin Kupke Rated Jacaranda Finance 3 out of 5 stars
    Good people to work with. Application was easy and straight forward. Could use different payment options, but still good options. Would use again.
  • Google Logo
    Brendan Lau88 - Google Review
    Brendan Lau88 Rated Jacaranda Finance 5 out of 5 stars
    Excellent 5 STAR customer service and always available with a quick response. Very happy with advice and the fantastic service provided. Quick, hassle free and easy. Thank you.
  • Google Logo
    Kayleb Perkin - Google Review
    Kayleb Perkin Rated Jacaranda Finance 4 out of 5 stars
    Fast, reliable service had money in acc same day
  • Google Logo
    Rebecca Hay - Google Review
    Rebecca Hay Rated Jacaranda Finance 3 out of 5 stars
    Jacaranda finance were amazing they took into account all of my circumstances when other lenders wouldnt. They were easy to contact and keep me up to date at all stages of the easy process.
  • Google Logo
    Rob Smith - Google Review
    Rob Smith Rated Jacaranda Finance 4 out of 5 stars
    Had a good experience with jacaranda finance the form was easy to follow and the team helped when I had questions

Loan Repayment Calculator

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.
1. I'd like to borrow: $15,000
Please consider: Jacaranda Finance must be 1st mortgage on the vehicle being financed to be eligible for a car loan.
2. Loan Term (Months)
...
Estimated per
* Repayment Disclaimer
*Please consider: The example repayment is an estimate based on the highest rate available for a product. Fees, credit criteria and terms and conditions apply. Your loan offer may vary once your details are captured and verified and an assessment is completed.
Interest Rate
16.95% - 29.95%
Comparison Rate**
32.99% - 45.50%
Monthly Fee (Fixed)
...
Total Repayment
Including Interest & Fees
...
** Comparison Rate Warning
The comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Ready to Apply? You can get started now.

Car Loan Rates & Fees

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.

Interest Rate
Comparison Rate
Loan Term
Repayment Cycle
Secured or
Unsecured
Establishment Fees
Monthly Fees
Risk Fee
Comparison Rate Warning*
  • Car Loan
    $10,000 - $25,000
    Interest Rate
    16.95% - 29.95%
    Comparison Rate
    32.99% - 45.50%
    Loan Term
    25 - 48 months
    Repayment Cycle
    Weekly, Fortnightly, Monthly
    Secured or
    Unsecured
    Secured
    Establishment Fees
    $950 - $1,190
    Monthly Fees
    $26 p/month
    Risk Fee
    $585 - $995
    Comparison Rate Warning*
    The comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
This is not an offer for credit. The amount you can borrow as well as the offer you receive may vary once you complete an application and all relevant details are captured and verified. Fees, credit criteria and terms and conditions apply. Example tables and calculators are illustrative only and are not intended to be your sole source of information when making a financial decision. Consider whether to get advice from a licensed financial adviser.
  • Car Loan
    $10,000 - $25,000
    Interest Rate
    16.95% - 29.95%
    Comparison Rate
    32.99% - 45.50%
    Loan Term
    25 - 48 months
    Secured or
    Unsecured
    Secured
    Monthly Fees
    $26 p/month
    Repayment Cycle
    Weekly, Fortnightly, Monthly
    Establishment Fees
    $950 - $1,190
    Risk Fee
    $585 - $995
    The comparison rate is based on $10,000 over 36 months. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
This is not an offer for credit. The amount you can borrow as well as the offer you receive may vary once you complete an application and all relevant details are captured and verified. Fees, credit criteria and terms and conditions apply. Example tables and calculators are illustrative only and are not intended to be your sole source of information when making a financial decision. Consider whether to get advice from a licensed financial adviser.

The Jacaranda Finance difference.

Clever tech to give your loan approval the greatest edge.

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.

Loan Eligibility Criteria

Are you eligible for a Jacaranda Car Loan?

You must meet the following basic eligibility criteria before submitting an application:

  • Be at least 19 years of age
  • Be employed on a permanent or casual basis, with consistent income for 90 days
  • Be an Australian citizen or permanent resident with a fixed address.
  • Have an active email address, phone number, & online banking details in your name.
  • Be in control of your current finances and handling existing financial commitments comfortably.
You can check if you qualify initially if you aren’t sure whether you're eligible. This won’t impact your credit score.
Information you will need to provide:
  • Basic personal information (i.e. full name, address, D.O.B, number of dependants etc.)
  • Employment status & details
  • Your bank statements*: we will assess the last 12 months of your bank statements to help determine if you can afford to repay your loan.

*This is standard procedure for loan applications across the industry. Data is safely secured with 256-bit SSL encryption. We utilise safe and secure third-party Open Banking service providers to make this quick and easy for you.
Have a question?

Let's find you an answer

Read our most frequently asked questions below to learn more about getting a car loan with Jacaranda.

CarLoanFAQ

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:

  • Jacaranda Express Personal Loan: 25 months to 36 months
  • Jacaranda Car Loan: 25 months to 48 months

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. 

Need a Hand?

Our customer service team are here to help.

If you have any questions, whether you're a new customer or an existing one - our friendly customer service team will be happy to help you.

You can easily get in touch online or via the Better Credit app. Jacaranda's customer service team is available to chat six days a week, and services are available online 24/7.