Let Us Drive Your Used Car Loans!

"Let Us Drive Your Used Car Loans!"

In our fast-paced world, there is a certain demand for a car to get you where you need to go without the hassle of public transport. Cars may be a necessity; however, they can also drain your pockets. Used car loans could be your perfect match. With our simple and fast application process, we could have you on the road in no time at all.

So, it can be tricky to find the right personal loans for used car finance. There are so many options and vendors and navigating fine print and complicated deals can be time-consuming.

Jacaranda Finance is an Australian online loan company based in Brisbane. We offer fast, no fuss finance for individuals in need. We are 100% online, so you can apply from the comfort of your living room.

how it works question

What are used car loans?

Jacaranda Finance can offer used car finance for customers that are 100% online with fast approval.

When we say fast approval, we mean it! Our application could take you just minutes to fill out and you could have an outcome in as quick as 60 minutes (if you apply in normal business hours). However, this is not a guarantee. Nevertheless, we are very quick!

Jacaranda Finance offers personal loans from $300 all the way up to $10,000 over a 12 to 24-month term.

how it works question

How quickly could I receive my funds after approval?

We are a 100% online company. Therefore, you won’t have to waste time making appointments with bank managers or waiting in queues.

If your application is submitted during business hours you could have an outcome within 60 minutes! However, if we require any additional information, it can take a little longer to hear from us. As a result, just be sure to keep an eye on your phone and email.

Therefore, if you are approved, we’ll send you your loan contract to read through carefully, sign and send back. Once we receive your signed contract, we’ll transfer you the cash. The time it takes for the funds to reach your account is dependent on bank processing time.

how it works question

How does Jacaranda Finance work?

Applying is easy and stress-free. Our used car loans require no paperwork and are 100%, which means no more time-consuming trips to the bank!

There are a few simple steps to follow to help you complete our used car loan application:

Step one

So, complete our used car loan application in just minutes! Our used car loan repayment calculator is the perfect tool to help design your very own used car loan.

Our payment calculator is located at the top of each Jacaranda Finance website page. Simply, select your loan amount and loan term you desire and click ‘Apply Now.’ From there, you’ll be taken to our used car loan application, it’s that simple! So, don’t wait, apply today!

Step two

We will assess your application based on the details of your financial history and your present finances. Following our responsible lending practices, we will look at a read-only copy of your bank statements to verify your income and spending habits to see if used car finance are right for you.

Step three

To relieve the stress of red tape, we utilise the latest in safe banking technology to obtain a read-only copy of your bank statements. All you need to do is sit back and resume your latest Netflix binge while we get work assessing your application!

Step four

When your used car loan application is being assessed, it’s important to remember we operate under the ethics of responsible lending. We would never lend money to clients who could not afford the repayments.

Step five

Once we have assessed your application we will get in touch with you with an outcome. Assessing times may vary depending on the information that is supplied and how long it takes to verify it.

So, we aim to assess your used car loan with haste to get you moving as quickly as possible! We try to deliver a Yes or No answer within 60 minutes to prevent you waiting for days, wondering if your used car loan has been approved. However, this is subject to the information you provide in your application. Even still, there is no denying that we offer some of the fastest personal loans in Australia.

how it works question

So, how much will my loan cost?

We hear this question a lot, so we have provided the right tools for you to figure out the right loan amount and loan terms. We are straight up about our costs; no fine print or hidden fees!

So, to figure out your used car loan costs, check out our handy used car loan repayment calculator.

The used car loan calculator can help you decide how much you can afford to repay and how long it will take you to pay back. We care about your privacy and security so, once you apply for a loan via the repayment calculator, you will be sent a verification code by SMS.

Therefore, we offer used car loans as:

  • Small unsecured personal loans – $300 to $2,000 over 12 months
  • Medium secured personal loans – $2,100 to $4,600 over 13 to 24 months
  • Large secured personal loans – $5,000 to $10,000 over 13 to 24 months
  • To get an idea of how much your loan may cost, check out our Costs page.

    Therefore, for more information about the allowable fees and charges for personal loans, visit the MoneySmart website.

    how it works question

    The customer service lowdown

    When you’re using our online service, we want you to feel welcome and at home. We are the loan experts and are here to help with any enquiries (and we mean any! No such thing as a stupid question).

    Delivering quality customer service is important to us.

    We have an expert team monitoring the Jacaranda Finance website and phones to answer any worries you may have. Therefore, visit us online now and let one our friendly staff help you solve your used car loan problems.

    how it works question

    I have bad credit, would I still be eligible to apply?

    So, here at Jacaranda Finance, we pride ourselves on being responsible lenders. However, we also believe in financial inclusion for all Australians. Therefore, while we do perform credit checks on all applications, we prefer to dig a little deeper, past your credit score.

    So, in the spirit of giving everyone a fair go, we understand that past financial mishaps may not represent the health of your present finances.

    As a result, we are more lenient than other more traditional lenders, we encourage all Aussies to apply and let our brilliant customer service team go about assessing your situation to see how we may be able to help. You can also click here to see tips on improving your credit score.

    how it works question

    I’m receiving Centrelink benefits, can I still apply?

    You sure can!

    Therefore, we are happy to take applications from customers whether they are working or receiving Centrelink payments.

    Jacaranda welcomes all loan applicants. If your primary or only source of income is from Centrelink, you are no less welcome than anyone else. Like we said, we believe in financial inclusion for all Australians.

    Before, you apply with us, check that you qualify!

    You must be:

    • Over the age of 18
    • An Australian citizen or permanent resident
    • Receving a regular income into your personal bank account for the last 90 days
    • Able to provide a valid email address and mobile number

    If this sounds like you, hit the APPLY NOW button at the top of the page and fill out our quick application form.

    how it works question

    How do your use car loan repayments work?

    So, if you’re tired of dealing with endless paperwork and reworking your schedule to fit in trips to the bank, Jacaranda Finance has the perfect repayment process for you. We make your used car loan repayments easy by utilising the latest in safe banking technology.

    As a result, we will set you up with a direct debit from your bank account on a day that you nominate. Each week, fortnight or month (which you decide) the repayments will be automatically deducted from your account. No need to worry or fuss about paying a bill! All you need to do is ensure there are enough dollars in your account to make the payment

    Sometimes repayments can feel stressful. At Jacaranda Finance, however, we have designed a longer loan term to give you breathing room while repaying.

    Once your loan is paid back in full your direct debits will automatically stop, it’s that simple.

    Thanks to our direct debit system, repayments are easy and worry-free.

    how it works question

    What should I consider before applying?

    Who is this product for?Those wanting to apply for a used car loan
    How do I know if I am eligible?To be eligible you need to be: Be 18 years of age. Recieving a regular income. A permanent Australian resident.
    So, how do I repay my quick loan?Repayment terms will vary depending on each applicant’s agreement but will generally range from 12-24 months.
    Available Loan typesFixed
    LenderJacaranda Finance

    So, when it comes to trusting a online loans company, Jacaranda Finance has your back!

    As a result, we will always be transparent, act ethically and be fast and easy. Our systems provide safety and privacy for your information, and our dedicated team is always ready to help.

    So, if you’re a returning customer, applying for used car loans just got a whole lot easier.

    how it works question

    You have the used car loan, now it’s time for the car!

    Acquiring used car loans with Jacaranda Finance is the easy part, next is buying a used car!

    It can be tricky to navigate the market of used cars so here is a handy checklist to help get you started:


    Figure out the most suitable finance option for you! If that is a used car loan from Jacaranda Finance, great!


    Give yourself a map of the market. Work with your budget and explore all the different options.

    Refine your search

    Begin to refine your search by picking a model, make, price, auto or manual. Take note of other buyers’ reviews of the car you are looking at.

    Contact the seller

    When you make initial contact with the seller, jot down a few questions to ensure you don’t forget anything. Such as:

    • How long have they owned the car?
    • Why are they selling it?
    • Has the vehicle sustained damage?
    • What is the condition of the car and are there issues or damages that have not been noted in the ad?
    • Has it qualified for a roadworthy?
    • Do you have a copy of the car’s service history and how extensive is it?

    Arranging an inspection

    If you are interested in a car from a private seller, insist on inspecting the car at their home address.

    Check the car’s history

    It’s handy to double check the car’s history to ensure it has not been stolen, has outstanding finance or a previous insurance write-off. Just use the car’s VIN (Vehicle Identification Number) and check the state databases for a small fee.

    Checking the car

    Inspect the car for damages and adjust your price offer accordingly. Check all the equipment on the car works when you take it out for a test drive.

    Price negotiation

    Make a list of faults you find on the car and adjust your price offer. Suggest a figure below the asking price, you never know if you don’t ask!

    Payment and paperwork

    Keep copies of your payment papers and ensure all the registration and service history is in order. Need help with rego? No worries, Jacaranda Finance has you covered.

    When it comes to used cars, Jacaranda Finance can help sort out your financial stress with used car loans. Therefore, we’re here to help you find the perfect loan to match your financial needs. So, apply today and see how we get can you on the road.

    Your business drives ours! So, we put systems in place to help take care of our customers.

    We are a 100% online, fast approval, no fuss, finance company, so why wait? Start your relationship with Jacaranda Finance and APPLY NOW!

    Want to know more? Let us tell you about small loans with Jacaranda. We could even provide you with a poor credit loan today.