NOW Finance
Vehicle Loan
NOW Finance · pers loans
Provider last updated this product 2026-05-20.
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A secured car loan offering the most competitive rates with loan amounts from $3,000 to $150,000 over terms of 18 months to 7 years. Secured by bill of sale on eligible assets including vehicles, motorcycles, caravans, and other approved security.
As published by the lender
- Security - Secured
- Vehicles - New or used vehicles, up to 21 years old
- Headline rates - from 7.59% to 11.95%The lender publishes several headline rates; which one applies is the lender's decision.
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| FIXED | 7.59% | 8.43% | UNCONSTRAINED | PRINCIPAL AND INTEREST | 18 months | - | calculated daily, paid monthly |
| Minimum annual percentage rate for this product. Fixed rate for the term of the loan. Interest calculated daily and charged monthly in arrears. Excellent Credit | |||||||
| FIXED | 9.24% | 9.24% | UNCONSTRAINED | PRINCIPAL AND INTEREST | 18 months | - | calculated daily, paid monthly |
| Minimum annual percentage rate for this product. Fixed rate for the term of the loan. Interest calculated daily and charged monthly in arrears. Very Good Credit | |||||||
| FIXED | 10.85% | 10.85% | UNCONSTRAINED | PRINCIPAL AND INTEREST | 18 months | - | calculated daily, paid monthly |
| Minimum annual percentage rate for this product. Fixed rate for the term of the loan. Interest calculated daily and charged monthly in arrears. Good Credit | |||||||
| FIXED | 11.95% | 11.95% | UNCONSTRAINED | PRINCIPAL AND INTEREST | 18 months | - | calculated daily, paid monthly |
| Minimum annual percentage rate for this product. Fixed rate for the term of the loan. Interest calculated daily and charged monthly in arrears. Average Credit | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Establishment fee | UPFRONT | $595 | - |
| Monthly fee | PERIODIC | $0 | - |
| Early repayment fee | EXIT | $0 | - |
| PPSR fee | UPFRONT | $0 | - |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-09-25 | 2026-09-30 (current) | 7.59% | 8.43% |
Published figures as captured daily since 2026-09-25. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
- Pre-approval available
- Available for cars, motorcycles, motor homes, and reduced emissions vehicles
- Available for both new and used car purchases
- Loan is secured by an eligible asset. Maximum vehicle age of 21 years applies.
- Repayments can be made weekly or fortnightly as preferred
- Security swap allowed with no fee
- Available for both new and used recreational vehicles such as caravans and campervans
- Available for both new and used boat purchases
Who can apply
- min age - 18Applicant must be at least 18 years old
- natural personAvailable to individual persons only
- residency status - Australian ResidentApplicant must be an Australian resident with proof of residency
- employment status - Full-time, Part-time, Casual, Self-employedAvailable to full-time, part-time, casual, and self-employed applicants. Self-employed applicants must have minimum 2 years of self-employment.
- other - DocumentationBank statements required. Acceptable proof of income: 90 days bank statements or most recent payslip (employed); Last notice of assessment, 90 days bank statements, potentially BAS (self-employed).
- other - InsuranceMotor vehicle comprehensive cover and third party cover required for vehicle security
Limits
- min limit - 3000.00Minimum loan amount of $3,000
- max limit - 150000.00Maximum loan amount of $150,000
- other - P18MMinimum loan term of 18 months
- other - P7YMaximum loan term of 7 years
- other - 21 yearsMaximum age of vehicle allowed for security is 21 years
- other - Direct channel onlyThis product is not available via Brokers
The provider's own documents
Published by the provider under the Consumer Data Right. These are their documents, not ours - they are the authority on this product.
Last updated by data holder: 2026-05-20T05:48:56.574Z · Product ID: ea4b6456-9d91-481d-b60b-f5fe9a47f399