Can I finance a car from a private seller?

Private sale finance is available with a number of lenders, subject to vehicle age, condition and verification requirements. We'll tell you up front what a lender will need before you commit to a purchase.

What is a balloon or residual payment?

A balloon is a lump sum left owing at the end of the loan term. It lowers your regular repayments but increases total interest paid, and must be refinanced, paid out or covered by selling the vehicle. We'll model both options so the trade-off is clear.

Not always. Some lenders will consider finance without a deposit depending on your circumstances, the vehicle and the loan amount. A deposit or trade-in can reduce the amount financed and your repayments.

Can I pay the loan out early?

Most car loans can be paid out early, though early termination fees or interest adjustments may apply depending on the lender and loan type. We'll flag this before you sign.

Car finance

Finance for the car you actually want

We compare vehicle finance options across our lender panel and structure the loan around how you'll use the car — not around a single lender's product range.

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Buying pathways

However you're buying, there's a pathway

Dealership purchase

Buying from a dealer? We can work alongside the dealership so finance doesn't hold up the handover.

Private sale

Buying privately can be cheaper, but lenders have extra requirements. We'll walk you through them.

Novated & business use

If the vehicle is used for business, different structures may be available. We'll explain what fits.

Refinance

Already have a car loan? We can review whether a different structure may better suit your situation.

What we look at

How your loan gets structured

Loan term

Usually one to seven years. Longer terms reduce repayments but increase total interest.

Deposit or trade-in

Reduces the amount financed, which can improve both repayments and lender appetite.

Balloon / residual

Lowers regular repayments with a lump sum owing at the end. Not right for everyone.

Secured vs unsecured

Secured car loans are generally priced better, but the vehicle is used as security.

Fees and charges

Establishment, monthly and lender fees affect the true cost — we disclose them in writing.

Your circumstances

Income, expenses, credit history and employment all influence what lenders will consider.

Process

From enquiry to keys

01
Enquiry
A short conversation about the vehicle, budget and timing.
02
Options
We review lenders and structures suited to your circumstances.
03
Application
With your consent, we lodge and manage the application for you.
04
Settlement
We coordinate documents, the lender and the seller to settlement.

Documents

What lenders usually ask for

Requirements vary by lender and applicant. This is a general guide, not a checklist for every application.

Photo identification
Proof of income (payslips or business financials)
Details of the vehicle being purchased
Information about your living and financial situation

FAQs

Car finance questions

Found a car? Let's get it sorted.

Send us the details and we'll come back with options — usually the same business day.

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Information on this page is general in nature. Finance is subject to lender assessment, approval and criteria. Fees, charges, terms and conditions apply.