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Loans for buying a car

Get ready to drive it away

You’ve found your dream car. Or maybe it’s your ‘this will do for now’ car, or even your ‘I just need to fit the kids and in-laws’ car. Whatever it is, we have a choice of loans to help you to drive it away.

 

 

 

 

Your car

Got your eye on a car that costs $30,000?

If approved, you could get a $30,000 loan with a term of 5 years, from equivalent to:

With ANZ Secured Car Loan

$139 a weekdisclaimer

if the car is less than 7 years old


This is an estimate of repayments based on:

interest ratedisclaimer 
(special online-only rate)

comparison ratedisclaimer

Interest rates table

With ANZ Variable Rate Personal Loan

$167 a weekdisclaimer

 


This is an estimate of repayments based on:

interest ratedisclaimer

comparison ratedisclaimer

With ANZ Fixed Rate Personal Loan

$164 a weekdisclaimer

 


This is an estimate of repayments based on:

interest ratedisclaimer

comparison ratedisclaimer

Loan types

Choose a loan to fit your needs


The best suited product is Secured Car Loan. Compare all products below.

A great loan for cars and other vehicles

This loan may suit you if you would like:

  • Repayments that won’t change throughout your loan termdisclaimer
  • To know you're not affected by interest rate movements
  • The ability to make a lump sum final payment (also known as balloon payment) for lower repayments if you’re approved and your loan term is 1 to 5 yearsdisclaimer

  • A lower interest rate by using your car as securitydisclaimer

 

View rates & fees 

Get the flexibility of extra repayments and redraw

This loan may suit you if you would like:

  • No exit fees if you pay your loan off early
  • Flexibility to increase your loan amount
  • Fast access to extra money you’ve paid
  • Same day cash in your ANZ everyday account if approved in branch by midday Mon-Fridisclaimer

  • You don't want to use your car as security

 

View rates & fees 

You’re protected from interest rate movementsdisclaimer

 

This loan may suit you if you would like:

  • Certainty that your repayments won’t change 
  • Control over your budget
  • Same day cash in your ANZ everyday account if approved in branch by midday Mon-Fridisclaimer
  • Convenience of managing your loan online

  • You don't want to use your car as security

 

View rates & fees 

Calculators

Now let's do the maths

What could my repayments be?

Get an estimate of your potential loan repayments

How much could I borrow?

Get an indication of how much you may be able to borrow

How to apply

ANZ Secured Car Loan

(For cars or motorcycles)

Apply now

For cars, motorcycles, boats, caravans and light commercial vehicles,
call a loan specialist on 1300 365 652

Mon to Fri, 8am to 8pm (AEST) Sat 9am to 5pm (AEST)

ANZ Variable or Fixed Rate Personal Loans

Apply now

Visit any ANZ Branch or call a loan specialist on 1800 339 410

Mon to Fri, 8am to 8pm (AEST)

FAQs

Get your questions answered

  What's a balloon payment?

A balloon payment is a one-off lump sum payment that you can choose to make at the end of an ANZ Secured Car Loan term. This could help reduce your regular repayment amounts during your loan term.

If you’re planning to sell your vehicle when your loan ends, a balloon payment may suit you as you could use the money from the sale to repay some or all of the balloon amount, depending on the price you sell the vehicle for.

Please note that a balloon payment is only available on a loan term of 1 to 5 years, and only to approved applicants, depending on several factors considered as part of the loan application. It must be agreed before commencement of the loan.

  What’s the difference between a secured and unsecured loan?

A secured loan (such as the ANZ Secured Car Loan) is a loan backed by an asset. Secured loans are generally only offered for assets that are relatively new and of a certain value. This could be something like a new car or motorcycle. Because the lender has the legal right to take possession and sell the asset if you cannot meet the terms of your contract, they will generally offer you a lower interest rate on a secured loan.

An unsecured loan (such as the ANZ Variable and Fixed Rate Personal Loans) means you don’t have to provide security for the money you borrow. For example, you could apply for an unsecured loan for a holiday or to consolidate debt. 

   

Top tips

Things to think about before you buy a cardisclaimer

Buying a new car?

Not all dealerships will give you the same deal. It may be worth checking out a few different ones. Do your homework and consider using online sites to get a better understanding of the options. Ask for the total on-road costs (no more to pay or drive away) to try to avoid hidden costs or extras. 

Read more car buying tips.

Buying a used car?

Even if the car has a roadworthiness certificate, consider whether you (or someone you know who’s good with cars) should inspect it carefully. Consider organising an inspection by an independent party, like a qualified mechanic. 

Read more car buying tips.

All applications for credit are subject to ANZ’s credit assessment criteria. Terms and conditions are available on application. Fees and charges apply. 

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ANZ Secured Car Loan repayments cannot be made weekly. Repayments can be made fortnightly or monthly. Monthly equivalent repayment is $598.15, based on a 60 month consumer loan agreement. The loan repayment amount shown is an estimate based on total repayments, total interest, the Loan Administration Charge of $5 per month and the Loan Establishment Fee of $350. Other fees that may be incurred such as late payment fees are not included. The repayment amount shown on other pages of this website may differ as they include different fees and charges. 

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The special online only rate is only available to approved applicants who apply for an ANZ Secured Car Loan online. You may receive a different rate if you apply for an ANZ Secured Car Loan through other channels such as an ANZ branch or over the phone.  Interest rates are subject to change.

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This comparison rate is for an ANZ Secured Car Loan with an amount financed of $30,000 and a term of 5 years.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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ANZ Variable Rate Personal Loan monthly equivalent repayment is $709.00, based on a 60 month consumer loan agreement.

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Rates as at  and subject to change.

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This comparison rate is based on a $30,000 Personal Loan for a five year term. This rate is applicable for unsecured loans only. 

WARNING:
 This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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ANZ Fixed Rate Personal Loan repayments monthly equivalent repayment is $698.00, based on a 60 month consumer loan agreement.

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If you repay some or all of your ANZ Secured Car Loan early, additional fees and charges will apply. Please refer to ANZ Secured Car Loans - what happens if you repay some or all of your loan early (PDF 44kB).

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A final lump sum payment is only available to approved applicants, on loans with a term of 1 to 5 years and must be agreed before the commencement of the loan.

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If you use your vehicle as security, we may be able to offer you a lower interest rate on your ANZ Secured Car Loan than an ANZ unsecured personal loan. 

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Applications must be submitted at an ANZ branch, and approved before noon Monday to Friday (AEST), and customers must have approved funds deposited into an existing ANZ Everyday account. For a full list of ANZ everyday accounts, please contact us on 1800 801 485 between 8am to 8pm (AEST) weekdays.

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Early repayment costs apply if you repay your loan early during a fixed interest rate period.

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Total loan repayments and repayment amount

For an ANZ Secured Car Loan, the total loan repayments shown is an estimate based on the total loan repayments, total interest and the Loan Administration Charge of $5 per month, but does not include the Establishment Fee of $350 and other fees which may be incurred such as late payment fees. The repayment amount is an estimate based on the loan amount, interest and the Loan Administration Charge of $5 per month, but does not include the Establishment fee $350. If the Establishment Fee is financed as part of the ANZ Secured Car Loan, the regular repayment amount will be higher than the amount stated on the calculator.

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For ANZ Secured Car Loan

This comparison rate is for an ANZ Secured Car Loan with an amount financed of $30,000 and a term of 5 years.

WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

For ANZ Variable and Fixed Rate Personal Loan

This comparison rate is based on a $30,000 Personal Loan for a five year term. This rate is applicable for unsecured loans only. 

WARNING:
 This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.

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For ANZ Secured Car Loan

The special online only rate is only available to approved applicants who apply for an ANZ Secured Car Loan online. You may receive a different rate if you apply for an ANZ Secured Car Loan through other channels such as an ANZ branch or over the phone.  Interest rates are subject to change.

For ANZ Variable or Fixed Rate Personal Loan

For the purposes of this calculator, the following default interest rates are used and are subject to change:

Fixed interest rate:    (comparison rate: )

Variable interest rate:    (comparison rate: )

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The information set out above is general in nature and has been prepared without taking into account the objectives, financial situation or needs of any person. By providing this document ANZ does not intend to provide any financial advice, other advice or recommendations. This is not a complete list of things to consider when buying a car. You should seek independent financial, legal, tax and other relevant advice having regard to your particular circumstances.

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