Get on the road sooner by applying with the car loan specialists
In the market for a new set of wheels? Whether you’re buying a new or used car, from a licensed dealer or private seller, let our dedicated team help you find the most suitable finance solution for your needs.
Offering no-obligation pre-approvals, we can remove the stress of purchasing a new car by allowing you to walk into the dealership or shop online with confidence, knowing exactly what funds you have available without going over your budget.
You’ll have the hard work done for you when you apply with us, from application to settlement. After all, you should be excited about your new car, not stressing about your loan!
Contact us today if you’re ready to find those new keys!
Why Focus Finance?
More choice
With access to over 50 of Australia’s top lenders, we’ll be able to compare more options to find the best one available to you.
Convenience
We do all the hard work for you in comparing loan products, interest rates, fees and lending criteria, saving you time and effort.
A modern approach
We make use of industry-leading technology to help connect you with your ideal lender as quickly as possible.
Personal touch
Your consultant will guide you through the whole process, keeping you informed and answering all your questions along the way.
Understanding
You won’t be treated like just another number. We make sure we understand your needs to find you the solution you’re after.
Brands you can trust
We’re accredited with reputable insurers, banks and non-bank lenders, so we’ll only connect you with trustworthy financiers.
Car Loan Options with Focus Finance
At Focus Finance, we offer a range of car loan solutions tailored to your needs. Whether you're buying a new car, upgrading to an eco-friendly vehicle, or securing finance for your business, we have options to suit every situation.
Secured Car Loans
Borrow up to 100% of your car’s value while enjoying competitive interest rates. A secured loan gives you peace of mind with predictable repayments and better borrowing power.
Green Car Loans
Thinking of going electric? If you're purchasing a hybrid or EV, a green loan can help you secure an even lower interest rate while making an environmentally conscious choice.
Unsecured Car Loans
Buying an older car that can’t be used as security? An unsecured loan offers a fast and flexible financing option without needing to tie your loan to the vehicle.
Chattel Mortgages
For business owners, a chattel mortgage provides a tax-effective and cashflow-friendly way to finance a commercial-use vehicle—helping you drive your business forward.
No matter your car finance needs, Focus Finance is here to help you find the best loan option with competitive rates and flexible terms.
Car Loan Eligibility Criteria
While exact requirements vary between lenders, here are the key criteria you’ll typically need to meet when applying for a car loan:
Age & Residency – You must be at least 18 years old and an Australian citizen, permanent resident, or eligible visa holder.
Stable Income – Lenders require you to earn a consistent income above their minimum threshold to ensure you can manage repayments.
Employment & Banking – A steady job and having your income deposited into a bank account are essential for approval.
Credit Score – Your credit history should meet the lender’s minimum credit score requirements to demonstrate financial responsibility.
Vehicle Eligibility – The car you’re financing must meet the lender’s age, condition, and value criteria.
At Focus Finance, we work with a panel of trusted lenders to find the best loan for your circumstances. Our consultants will guide you through the process and match you with a lender that suits your needs.
Documents Needed for Your Car Loan Application
While requirements can vary between lenders, you’ll typically need the following documents to apply for a car loan:
- Identification – A valid driver’s licence or another government-issued photo ID, such as a passport and/or Medicare card.
- Proof of Income – Your last two payslips to verify your earnings and financial stability.
- Bank Statements – Some lenders may request 3 months bank statements as a part of their assessment.
- Vehicle Details – If you're financing a specific car, having information about its make, model, age, and value can speed up the approval process.
Your Focus Finance consultant will guide you through the process, ensuring you have everything needed to secure the best loan for your situation.
The Benefits of Taking Out a Car Loan
Financing your car with a loan can provide several advantages, giving you flexibility and financial breathing room. Here’s why a car loan could be a smart move:
Preserve Your Savings – Instead of depleting your savings to pay for a car upfront, a loan allows you to keep your cash reserves intact while making manageable repayments over time.
New or Used - Your Choice – Whether you’re eyeing a brand-new model from the dealership or a reliable used car from a private seller, a car loan gives you the flexibility to choose.
Expand Your Budget – A loan can help you afford a better car than your current savings allow, bringing your ideal vehicle within reach without the wait.
Competitive Interest Rates – If you opt for a secured car loan, you’ll typically access lower interest rates compared to unsecured loans, saving you money over the life of the loan.
Tax Benefits for Businesses – If you're financing a commercial vehicle, you may be able to claim tax deductions on interest payments and depreciation, helping to offset business expenses.
With the right car loan, you can drive away with confidence, knowing you’ve secured the best deal for your needs. Let Focus Finance help you explore your options today!
Frequently Asked Questions
When you apply with Focus Finance, we’ll work around the clock to have your car loan approved, funded and settled as soon as within 48 hours of your initial application. Our aim is always to get you on the road in your new wheels as soon as possible!
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