Car Repair Loans up to $25,000

See how a Jacaranda Finance Personal Loan can help you.

Loans from $3,000 to $25,000
Complete your application in minutes1
Apply on weekends, 100% online!
  • WeMoney 2025 Award Winner,
  • ProductReview 2024 Award Winner, Jacaranda Finance: Top Performing Personal Loan Lender logo
  • Apple App Store Logo
  • Google Play Store Logo

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'

Award-winning lender

  • Finder 2024 Award Winner logo
  • Finder 2025 Award Finalist logo
  • Great Place to Work 2025
  • Product Review Award 2026
  • WeMoney Awards 2025

Need money for car repairs?

When your car breaks down or is damaged in an accident, getting it fixed can be very expensive. Depending on the extent of the repairs, you could be looking at a bill of thousands of dollars.

While your car might be looking good after repairs, your bank account might not be. That's where our personal loans come in.

Loan Details

Loan Amounts
$3,000 to $25,000
Loan Terms
25 months to 36 months
Loan Type
Secured and unsecured
Rate type
Fixed
Repayment options
Weekly, fortnightly or monthly
No early payout or exit fees
Customers who pay their loan out early do not incur any additional fees or charges for doing so.
THE APPLICATION PROCESS

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.

Our Rates & Fees

Our loans are designed to be fast, fair, and, above all, affordable, with no hidden fees. See the table below for a quick guide to our charges, or visit our fees page to learn more. For detailed information about who our products are designed for, please review our Target Market Determinations.

Interest Rate
Comparison Rate
Loan Term
Repayment Cycle
Secured or
Unsecured
Establishment Fees
Monthly Fees
Risk Fee
Comparison Rate Warning*
  • Unsecured
    Personal Loan
    $3,000 - $10,000
    Interest Rate
    27.95% - 29.95%
    Comparison Rate
    44.50% - 46.50%
    Loan Term
    25 months
    Repayment Cycle
    Weekly, Fortnightly, Monthly
    Secured or
    Unsecured
    Unsecured
    Establishment Fees
    $13.50 - $950
    Monthly Fees
    $26 p/month
    Risk Fee
    $0 - $325.50
    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.
  • Secured
    Personal Loan
    $3,000 - $25,000
    Interest Rate
    16.95% - 29.95%
    Comparison Rate
    32.99% - 45.50%
    Loan Term
    25 - 36 months
    Repayment Cycle
    Weekly, Fortnightly, Monthly
    Secured or
    Unsecured
    Secured
    Establishment Fees
    $125 - $1,190
    Monthly Fees
    $26 p/month
    Risk Fee
    $0 - $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.
  • Unsecured
    Personal Loan
    $3,000 - $10,000
    Interest Rate
    27.95% - 29.95%
    Comparison Rate
    44.50% - 46.50%
    Loan Term
    25 months
    Secured or
    Unsecured
    Unsecured
    Monthly Fees
    $26 p/month
    Repayment Cycle
    Weekly, Fortnightly, Monthly
    Establishment Fees
    $13.50 - $950
    Risk Fee
    $0 - $325.50
    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.
  • Secured
    Personal Loan
    $3,000 - $25,000
    Interest Rate
    16.95% - 29.95%
    Comparison Rate
    32.99% - 45.50%
    Loan Term
    25 - 36 months
    Secured or
    Unsecured
    Secured
    Monthly Fees
    $26 p/month
    Repayment Cycle
    Weekly, Fortnightly, Monthly
    Establishment Fees
    $125 - $1,190
    Risk Fee
    $0 - $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.
Over 5,000 reviews

Trusted By 1,000s

Google logo 4.9/5
Word of Mouth logo 4.8/5
ProductReview logo 4.8/5
TrustPilot logo 4.8/5
  • 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
    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
    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
    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.

What are some common car repair loan expenses?

At Jacaranda Finance, we offer car repair loans for some of the most common issues you might face with your car.

Here are just some of the top reasons our customers have taken out a car repair loan:

Please note that the cost of your repairs must at least be equal to our minimum loan amount to approve you for a car repair loan.

  • Electrical repairs (e.g. batteries, starters)
  • Engine repairs/servicing
  • Heating and cooling repairs or replacement
  • Steering and suspension
  • Brake repairs
  • Smashed windows or windscreen repairs

Loan Eligibility Criteria

Am I eligible for a Loan with Jacaranda Finance? 

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, permanent resident or hold a temporary visa in one of our eligible visa subclasses 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.
Your data is secured by
McAfee Logo Symantec Norton Logo
Frequently Asked Questions About

Car Repair Loans

Yes, you can use a Jacaranda Finance personal loan to cover the costs of car repairs including mechanical work, new parts, servicing or emergency repairs. Once you are approved, you’ll receive your funds in 60 seconds3. You then control how this money is used.

A car repair loan refers to a personal loan that can be used for car repairs – subject to approval and lending criteria. By submitting a full application for a car repair loan, you are authorising a hard credit check. This means that other lenders will be able to see that you applied for a loan and could impact your credit score. Before you submit a full application with Jacaranda Finance, you can check if you qualify with no impact on your credit score*. This is called a soft credit check, and is only visible on your credit report to you

How to check if you qualify for a personal loan?

If you’re considering applying for a loan with Jacaranda Finance, you can check if you qualify with no impact on your credit score*.

We understand that life moves fast. That’s why we do too. Apply before 3:00pm from Monday to Friday and Jacaranda Finance will give you a same day outcome2 on your loan application. If approved, your funds will be transferred in 60 seconds3. This means you could apply, have your application assessed and receive your funds all within the same day.

Applying over the weekend? If you submit your application on Saturday morning, you may receive a same-day outcome. Applications received later in the weekend are typically assessed first thing on Monday morning.

To be assessed for a loan from Jacaranda Finance, you must meet the following basic eligibility criteria:

  • 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, permanent resident or hold a temporary visa in one of our eligible visa subclasses 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.

If you are unsure whether you’re eligible, you can check if you qualify with no impact on your credit score*.

We offer two main products at Jacaranda Finance:

For detailed information about who our products are designed for, please review our Target Market Determinations. Our Loan Repayment Calculator and our guide to Jacaranda Finance’s interest rates & fees could help you to predict your repayments before applying.

Before you apply for a loan with Jacaranda Finance, it’s important to consider that additional fees could apply. This includes set fees such as our establishment and monthly fees and possible one-off fees such as a risk fee (if applicable this fee will be applied to your balance at the start of your loan) or missed payment fee. If you have any questions about our fees please contact us at i******@j****** or give us a call at 1300 189 823.

Using our loan repayment calculator you can estimate your repayments before applying.

Missed Payment Fees

For every missed payment, a fee will be applied. This cost is added to the account balance and can be paid with the next repayment cycle. If you’re concerned you’ll miss a repayment before the next due date, please contact our customer support team as soon as possible.

You can pay your loan back at any time at no extra cost. That means no early exit or payout fees.

Once you’ve been approved and have accepted your loan contract, we’ll automatically attempt to release the money to your account. Most customers get paid in 60 seconds3.

What else can I use a personal loan for?

  • Buying a car
  • Holidays & Travel
  • Weddings
  • Home Improvement
  • Furniture & White Goods
  • Medical Bills
  • Dental Expenses
  • Vet Bills
  • Rental Bond & Moving Costs
  • Debt Consolidation
Need a Hand?

Our customer service team is 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 BetterCredit app. Our customer service team is available to chat six days a week, and services are available online 24/7.