Car Loan Pre-Approval

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Pre-approval on the same day during normal business hours once all information has been provided2.
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Know your budget
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Shop around for the right car

Check If You Qualify

With no impact on your credit score!

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'

Decorative graphic of a clock
Pre-approval on the same day during normal business hours once all information has been provided2.
Decorative graphic of a Coin
Know your budget
Decorative graphic of a Star
Shop around for the right car

Award-winning lender

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Why get car loan pre-approval with Jacaranda Finance?

Getting fast pre-approval online with Jacaranda Finance can give you the confidence to go out and buy the right car for you without wasting days waiting for the paperwork to go through.

Buy your next car on your own terms with a fast, flexible and secure Jacaranda car loan.

What is car loan pre-approval?

Car loan pre-approval is when you apply for a car loan before buying a car. The lender will look at your application and conditionally approve you for a loan up to a certain amount.

This means you can know the amount you can borrow and the repayments you can expect if you buy a car.

By getting pre-approval with Jacaranda Finance you can save both time and money by ensuring you look for a car you can comfortably afford.

Apply for pre-approval today

Loan Details
Loan amounts:

$10,000 - $25,000

Loan terms:

25 months - 48 months

Loan type:
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Rate type:


Repayment options:

Weekly, fortnightly or monthly

Pre-approval available:

Most new applications are processed with a conditional approval on the same day during normal business hours once all supporting information required has been provided2.

Maximum car age:

Up to 12 years old

No early payout or exit fees:

Customers who pay their loan out early do not incur any additional fees or charges for doing so. Fixed fees that have already been incurred are due and payable.

How our car loan pre-approval works

How our car loan pre-approval works

The way our pre-approval works is simple: think about the kind of car you want, get your initial documents in order (like your driver's licence, banking details etc.) and apply.

We'll then assess your application and - if approved - send you a conditional offer of pre-approval, stating in writing your maximum loan amount and estimated repayments.

It's up to you to then find your car and send us the details (the registration, pictures of the car, invoice from the seller etc.). If everything checks out, we'll then approve your loan and send the money directly to the seller.

And that's it! See below for more details on how our car loan application process works, or click here to get started now if you're ready.


We Make Applying Easy

We know how important it is to receive your funds in a timely manner. As a hard-working Australian, you don’t have time to waste on needless paperwork.

That’s why our loan application process has been perfected over time to be as simple and quick as possible.

What type of car loans can Jacaranda pre-approve?

At Jacaranda Finance, our car loans are flexible, and we could pre-approve your loan application for a number of different reasons.

New and used cars

You can get pre-approval for both brand new cars as well as used ones with a Jacaranda Finance car loan, whichever suits you best. It doesn't matter what model it is: as long as it's 12 years old or less, is roadworthy, has under 150,000km (petrol cars) and fits within our maximum loan amount, you can get a car loan for it with Jacaranda.

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Why you'll love dealing with Jacaranda

At Jacaranda, we know that sometimes life can throw the unexpected at you. That's why we're on a mission to assist hard-working Australians with fast, reliable and responsible access to finance for life's expenses when you get caught short. We're 100% online, Australian-owned and operated, and we make applying for finance simple and fast.

Here are some other reasons our customers love us:

  • We've been providing finance to hardworking Australians for nearly 10 years. We've already helped over 50,000 customers and we have thousands of positive reviews.
  • Get started with an application and be done in as little as 5-12 minutes1 or once you've started an application come back and pick up where you left off in your own time. The application time varies per customer and it might take you longer.
  • Our smart technology allows us to get back to you with a fast outcome. Most applicants get a same-day outcome once the application is completed2 during normal business hours.
  • If you accept our loan offer by signing your digital contract the funds are usually in your bank account and ready to use within 60-seconds3 if you have a New Payments Platform (NPP) enabled bank account. If you don't, your funds are usually available overnight.
  • Our friendly and respectful Australian-based customer service team are here to help you. Existing customers can log into the self-service customer portal, 24/7, 365 days per year.
  • Anyone unsatisfied with their loan for any reason, and who still has the funds, can return the money within a 48-hour cooling-off period and cancel their loan. Simply contact our customer service team.

Don't just take our word for it

We strive to offer superior customer service - our Australian-based teams are friendly, personable and helpful and most of the time the first person you deal with can assist with your query. We're open on Saturdays too!

Don't believe us? Check out what scores of happy previous Jacaranda customers have had to say below!

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Trusted by 1,000s

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Car loan pre-approval FAQs

Need more information? Here are some of our most frequently asked questions (FAQs) about car loan pre-approval:

No, although it can make the car-buying experience more streamlined. Pre-approval is a helpful step that allows us to gauge your reliability as a borrower while also giving you an idea of the kind of car you can comfortably afford.

The basic eligibility criteria you must meet before submitting an application:
  • Be at least 19 years of age.
  • Be employed on a permanent or casual basis.
  • Have a consistent income going into your own bank account for the last 90 days.
  • Be in control of your finances and be handling existing financial commitments comfortably.
  • Be an Australian citizen or permanent resident with a fixed address.
  • Have an active email address, phone number, and online banking account in your name that belongs to you.

We accept a wider range of credit history than a bank or a prime lender, but we do not recommend submitting an application if:

  • You are currently or recently bankrupt (you must be three years discharged and in control of your finances)
  • You are not comfortably repaying your existing financial obligations

In addition to qualifying for a car loan, we have specific requirements for eligible cars that we finance, which include:

Get in touch with us if you have any questions about whether the car you want is likely to be eligible.

Being prepared before you start your application will ensure that it is fast and easy to complete.

The application form will ask you for personal information about yourself that you should know or have easy access to. In the application, the only supporting documents you will need to provide will be your bank statements. We utilise safe and secure third-party Open Banking service providers to make this quick and easy for you. You'll need to have your internet banking details handy.

Once your application is complete, our credit assessment team may ask for more information depending on the details you’ve provided, such as ID documents, payslips and loan statements. We've built our own custom technology that makes this simple and easy for you to provide online via our loan platform.

Read more about our security and privacy policy.

While our pre-approval period might last for seven days, we could give it to you on the same day2! It's easy once you apply, all we need are a few key documents.

Our same-day outcomes are not guaranteed to all applicants and are not available to applicants who apply outside of normal business hours.

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 stay in touch with you the entire time during your pre-approval, and if you need extra time, we can easily extend it.

Technically yes. Pre-approval isn't a guarantee of loan approval. The approval is conditional, assuming you still meet the eligibility requirements when you come back to us.

The most likely reasons your loan could still be declined after conditional approval are:

  • The car doesn't meet our criteria: you might have still picked a car that's outside our maximum loan amount, or it might be too old.
  • Your circumstances have changed: major life events like losing a job, parts of your income, or even things like divorce or having a child can change your final loan assessment.

However, we keep in touch with you every day throughout your conditional approval, so if anything happens or you have questions, you can easily get in touch with us.

Some of the main things to avoid when applying for pre-approval include:

  • Applying for too many car loans: try to keep your car loan applications down to one at a time.
  • Providing false information: If we discover you've falsified information on your application (like your number of dependents or your current employment), we will likely reject your pre-approval.
  • Having too many debts: having lots of other loans might not be a good look, especially if you're struggling to repay them.

Speak to one of our team members if you aren't sure about whether or not you should seek pre-approval.

We're here to help

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. Our customer service team is 100% Australian-based in Brisbane: at Jacaranda, you speak to a real human being every time.