Compare car finance for new and used vehicles through a broker-led process. We explain affordability, vehicle eligibility, credit enquiry, balloon structures and total-cost trade-offs before a formal lender application.
Initial discussion and assessment only. A formal lender enquiry occurs only with your consent.
The vehicle is security for the loan. The lender assesses affordability and the vehicle’s eligibility.
Business-purpose vehicles may be financed under commercial asset products. Tax treatment should be confirmed with your accountant.
See business vehicle finance →Have a novated lease quote? Check the implied finance rate, residual and rental schedule, or calculate a rental from a known rate.
Check a novated lease quote →Estimate repayments using an assumed rate and term. The result is illustrative, not a quote.
Use the calculator →Prepare the common identity, income, expense, debt, vehicle and seller information that may be needed.
Open the checklist →Review affordability, application data, credit information, vehicle fit and lender fit before applying again.
Read the next steps →Compare the interest rate, comparison rate where applicable, establishment and monthly fees, loan term, balloon, early repayment conditions and total amount payable. A lower regular repayment can result from a longer term or larger balloon.
A previous decline, unusual vehicle, private sale, temporary visa, self-employed income or recent credit applications can change lender fit. Review what happened first rather than sending the same application to several lenders.
A different lender may assess the facts differently, but another application is never a guarantee of approval.
Check the borrower and the vehicle before formal submission.
Tell us the vehicle, seller type, purchase price, deposit or trade-in and amount you want to finance.
We consider income type, living expenses, existing debts, credit history and vehicle eligibility before selecting a lender pathway.
We organise the information and lender-specific documents needed for the chosen application.
A formal lender application and credit enquiry occur only if you decide to proceed and give consent.
Yes, subject to lender rules on age, value, condition and seller type.
No credit check now. A lender can check later only if you choose to apply and say yes.
A balloon is a larger amount due at the end of the loan. It reduces regular repayments but increases the final repayment and total interest risk.
Some lenders allow private sales with additional identity, ownership and valuation checks.
Common requirements include identification, income and expense evidence, current debts, the vehicle and seller details, purchase price and any deposit or trade-in. Use the car loan document checklist.
Review affordability, credit information, the vehicle and seller details, and lender policy before applying again. The car loan decline guide explains the main checks.
Some lenders consider eligible temporary visa holders, but the visa type, expiry date, employment, loan term and lender policy matter. The loan term may need to fit within the lender’s visa rules.
Tell us the vehicle, amount and your circumstances. GPS Finance can discuss possible lender pathways before you decide whether to make a formal lender application.