Consumer Car Loans Are Best For

This type of finance suits individuals who mostly use their vehicle to drive to and from work, pick the kids up from school, going the shops, visiting friends and family and rarely, if ever, used for work purposes.

Fixed repayments

Yes, either monthly or fortnightly

Repayment period

Usually 12-84 months (1-7 years)



Who owns the car

You own the car. The lender will hold a financial interest over the vehicle until the loan is paid in full.

Flexibility to sell/pay off early

All lenders offer the option to exit the loan earlier if you wish. By finishing the loan early, you will save on interest.

Repayment options

A direct debit is setup so you’ll never miss a payment.

Residual (balloon) options

You can nominate an amount to pay at the end of the loan to reduce your repayments throughout the term. The residual amount available will depend on the loan term and vehicle age.

Car Loan Terms

Consumer Car Loan & Finance

Did you know you can order one free credit report each year?

Visit here and read about how you can get a free copy.

This Information will help your ACFC broker with a quick approval:
  • A recent payslip (no older than 30 days)
  • Current driver’s licence
  • Rates notice, if you own a property

Contact Us