Yes, but it's mostly behind the scenes. Lenders usually offer sharper rates on newer cars and slightly higher rates on older or high-km vehicles. Some lenders also have age limits (for example, the car can't be more than 12 years old at the end of the loan).

When we look at your options, we factor in the age and condition of the car so you're not wasting time with lenders who won't touch it.

Your borrowing limit depends on things like your income, credit history, existing debts, and the value of the vehicle. Lenders generally set a maximum loan amount based on a percentage of the car’s value, and your broker will help you find a structure that fits comfortably within your budget.

In most cases, approval can be turned around within 24 to 48 hours once all your documents are in. Timing varies between lenders and the type of application, but with a broker’s help, it’s usually a smooth and quick process.

Often, yes. Plenty of our clients are:

• Casual workers
• FIFO or rostered shift workers
• Rideshare and delivery drivers (Uber, DiDi, Ola, Uber Eats, DoorDash etc.)

The key is showing a consistent pattern of income in your bank statements. We help you present that properly so lenders can see the full story rather than just looking at one payslip.

It depends on how you use the vehicle. If it’s mostly for business, you might benefit from tax deductions or GST credits through a business loan. If it’s for private or mixed use, a personal car loan might be more suitable. Your broker can help weigh up both options.

In most cases you can make extra repayments and pay the loan out early, but some lenders may charge a small break fee if you clear it very early.

We'll run through this before you sign anything so you know exactly how flexible the loan is and what, if any, fees apply if you decide to clear it ahead of schedule.

A balloon (or residual) is a lump sum left over at the end of the loan. It lowers your regular repayments but means you'll need to pay, refinance or sell the car to clear the balloon at the end.

It can work well if you like to change cars regularly or want lower repayments now, but it's not right for everyone. We'll show you the numbers with and without a balloon so you can see the difference in plain dollars.

A balloon or residual payment is a lump sum due at the end of your loan. It reduces your regular repayments but means you’ll have a larger payment to make at the end — which you can pay, refinance, or trade in the vehicle to cover. It’s a handy way to manage cash flow, especially for business buyers.

Car loan interest is generally fixed for the loan term, meaning your repayments stay the same each month. Some lenders offer variable rates, which can fluctuate over time. The rate you’re offered depends on your credit profile, loan amount, and vehicle type.

Typically, you’ll need ID, recent payslips or business income statements, and basic vehicle details (make, model, year, purchase price). Some lenders may ask for bank statements or proof of insurance. Having these ready upfront speeds up approval.