Low Interest Car Loans, No Deposit, Quick Approval

Compare 40+ lenders to find the best car finance deal in Australia

If you are looking for the most affordable and hassle-free car finance in Australia, you've come to the right place. 1800 Approved is partnered with more than 40 lenders that offer the best interest rates on the market.

We will find you the best deal, make it hassle-free and coordinate the whole process of the loan application, through to approval, for you.


1800Approved will help you fund the asset that will improve your life. We provide finance, insurance and warranty for cars, boats, bikes, jet skis, trucks, equipment and more with our award winning finance solutions.

Our customers enjoy the following perks when they choose us as their asset brokers:

  • Incredibly High approval rate
  • Fast and Easy loan approval process
  • Your car loan at the lowest possible interest rate customised to best suit your personal circumstances
  • Less Documents and time consuming paperwork
  • Help for both Employed and Self-Employed loan applicants

Pre-Approved Financing

Getting pre-approved ensures that you are able to secure a car loan in Australia without going over budget. As soon as you are pre-approved, all you need to do is choose the car that you love.

Interest Rate

Our rates start at 4.6%* for brand new cars. With over 40 lenders in our panel, we are sure to find the best deal for you.

* based on a commercial contract for a new vehicle with specific criteria.

Personal New and Used Car Financing

Our goal is to help you save money on your new or used car purchase. Talk with us before visiting any dealership and you'll be in a better bargaining position.

Car Loans for Businesses

Our Expert brokers here at 1800 Approved Finance Solutions will help you determine the best type of car loan for your business. A few factors to take into consideration are; the nature of your business, tax considerations, and cash-flow requirements. Talk with us for tailor made financing options.

What are my options?


Under this agreement, you use the car while the lender retains ownership of the asset. At the end of the term, you have the option to buy the car or trade it in for a newer model. Talk with us for more information about leasing a car in Australia.

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Novated Leasing

This is perfect for businesses who want to provide a car for their employees. The many benefits for both the employer and employee makes Novated Leasing a very viable option. Call us and we will coordinate all the process to make it hassle free for you.

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Chattel Mortgage

A Chattel mortgage has huge tax and GST benefits. It is a very good option if you are purchasing a car for business purposes. Our expert finance brokers will be glad to answer any questions you may have regarding this option. Call us.

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Hire Purchase

A great option for businesses who want to purchase a car without disrupting their cash flow. With a Hire Purchase agreement, car loans are financed 100% with a fixed or flexible term.

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Bad credit car loans

Second chance purchases are common here at 1800Approved. We have successfully assisted clients secure bad credit car loans even when numerous banks have turned them down and all hope seems lost.

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Low Doc Car Loans

Great for business owners and the self-employed who may not have all the necessary documents available for a conventional car loan.

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Different needs require different solutions. Finance brokers here at 1800Approved, will customise finance solutions to fit your specific need, whether for an individual, or a business here in Australia.


Car finance guide for australians

Determine the type of vehicle you want to finance

Buying a car is very exciting! We all have our dream car, dream truck, dream luxury car, and even that sports car that’s very hard to get in and out of but, practically speaking, you should buy what you need and what you can use.

What will you use the vehicle for?

This is one of the most important questions that you should ask yourself. Is the vehicle mainly for city driving? Cross country? A family vehicle? A work truck? Etc… The primary use of the vehicle will help you determine the type of car that you should buy.

City driving
Small cars are best for the city and in navigating the suburbs and tight alleyways. Cars that fit this description are the Holden Spark, Kia Picanto, and the Toyota Yaris.

If you want something a little bigger you can go with Skoda Fabia wagon, Audi Q2, Ford Ecosport, Honda HR-V or any vehicle in the same class.

Cross country driving
If the car is intended for cross country commute then you will need to look for more comfort, more safety features, and storage space. Don’t forget about gas mileage or course.

Vehicles that are fit for cross country are the likes of Honda CRV, Honda Odyssey, Subaru Forester, Nissan X-Trail, etc…

If you are a tradie and will be using the vehicle to haul equipment and work materials then the ever reliable trucks are best for you. There’s the bestselling Toyota Hilux and the Ford Ranger to get the job done.

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How much loan repayment can you afford?

This is critical because car loan repayments could take up to 5 years, or even longer in some cases, so making sure that you have a steady source of income is important.

Do you have a regular job or a stable business?

If you are sure that you can manage the monthly repayments, then you are good to go.

Determine your credit standing

Car loan interest rates and approval are largely influenced by your credit history. A low credit score could mean a high interest rate or, worse, your car loan may not be approved.

You can get a copy of your credit report from these sources.

Here are some things that you need to check in order to clear out inaccuracies and potentially improve your credit score.

  • Duplicate debts being listed.
  • Fraud or identity theft.
  • Incorrect debt amount.
  • Being listed as in default by mistake.
  • Even an incorrect name and address.

Make sure to review your credit report once a year in order to catch fraud and inconsistencies before they affect you financially.

Note that free credit report providers use data from different reporting agencies so you may need to do some investigating if your score varies from one provider to the other.

This is where a finance broker can really help. Navigating through your credit report can be intimidating or even alarming if you do not know what to do.

What if you have bad credit?

The first thing to do is to thoroughly review your credit report and look for inaccuracies like the ones listed above. If you can find some and dispute them, your score could go a little higher.

If the credit review did not help then you may need to do a little clean up and establish a good credit history before you apply for a car loan.

Don’t worry if the car is needed immediately because we have many lender partners who cater to bad credit car loans.

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Effectively Compare Car loans

0% interest car loans, low interest car finance, etc… may be very tempting. Car dealerships come up with these really enticing offers month after month to take advantage of the excitement of car buyers.

Believe me, if you are an eager car buyer and you went into a dealership whose offering these deals, you’ll probably end up buying a car that same day.

The bad news is, you may not have gotten the best deal because you rushed into the purchase.

The secret to obtaining the best car loan rate is to take your time and compare as many quotes as possible. You’ll be surprised of the amount of money you can save by comparing quotes.

You can do this yourself by obtaining quotes from different lenders but multiple credit inquiries could hurt your credit score. Alternatively, you can work with a finance broker like 1800Approved and get multiple quotes with just one loan application.

We’ll even help you compare quotes to make sure that you get the best deal.

Flexible Car Loan Repayment Options

The amount of money you pay for your car loan every month is a big consideration. There are different options available to you and each of them have their own advantages.

Variable Interest Rate
This means that your monthly repayments could vary depending on the prevailing interest rates. If interest rates go down, your monthly repayment could go down as well and vice versa.

Repayments do not go down automatically though when interest rates are down so make sure to ask about it if you choose to have a variable interest rate.

Fixed Interest Rate
This means that you pay a fixed amount for the entire term of the loan. This is great for budgeting since you know exactly what you will pay every month but you won’t be able to take advantage of rate cuts either.

Balloon Payment
Balloon payment allows for a lower monthly repayment but you will have to pay a certain lump sum at the end of the loan term. You also have the option to refinance the balloon payment if you do not have the amount ready.

Additional Payments
Some lenders will allow you to make extra payments on your car loan. Depending on the type of loan you choose, this could potentially save you thousands of dollars in interest payments and you can pay off your loan early.

Early Termination
A few lenders will allow you to pay off your car loan early without charging you early termination fees.

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Car Loan Fees that you should know about

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Upfront fee

Also called an establishment fee, is the cost for setting up the car loan. Many lenders do not charge an upfront fee so make sure to ask your finance broker about this.

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Monthly fees

Monthly admin fee charged during the term of the loan.

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Early Termination Fee

A fee charged when you pay off your loan early. Ask your finance broker about the break costs that you may have to pay when you terminate a car loan early.

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Redraw fees (if applicable)

Some loan options allow you to redraw a portion of your additional loan payments. This is one of the benefits of making extra payments. Ask about this option if you plan on making extra payments to you loan.

Types of Car Loans

Secured Car Loan Car Loans Car Finance


The car is used as security for the loan and the lender can repossess it if you fail to make repayments.

Unsecured Car Loan Car Loans Car Finance


Unlike a secured car loan, the lender won’t be able to repossess the car if you don’t make repayments but they can go after you though other legal means. Interest rates are usually higher if the car loan is unsecured.

Financing new or used car Car Loan Car Loans Car Finance

Buying New or Used?

Some people prefer to buy a used car because they are cheaper, depreciation was already shouldered by the original owner, monthly repayments are lower, and loan terms can be shorter as well. Great quality used cars can be found on car lots or on sites like DriveWholesale.

On the other hand, buying new means that you can have a lower interest rate, be eligible to bonuses and perks from the dealership, and you save on repair costs since the car is new.

Common requirements for car financing

  • Identification.
  • Proof of income.
  • Bank statements.
  • Credit record.

Tips for an easy car loan approval

Getting approved is not hard at all. There are so many lenders and they all want your business. It is just a matter of choosing the best quote that suits your needs.

To ensure a speedy process make sure to have the following ready;

  • Identification.
  • Bank statements.
  • Pay slips.
  • Tax returns.
  • Centrelink statement (if applicable).
  • Credit card statements.
  • Mortgage statements.
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What to do next?

Fill out the form above so we can help you secure a car loan. We can help you even if you have bad credit or have less documents available.

We have a growing number of satisfied clients and we want you to be one of them.



Wide Range Of Lenders

With a choice of more than 40 lenders available, we will customise the best deal possible to suit your needs and potentially have you approved for finance as soon as possible.


What is the application process?

How much do you charge?

How much can I borrow?

How long does the car loan process take?

What is the car loan interest rate?

What are the loan requirements?

Can I compare car loan rates?

Can I finance a used car?

What is the minimum loan amount?

Can I terminate the loan early?

Can I make additional repayments?

Will it show “declined” on my credit file if my loan application is declined?

Areas Served