A car loan is a type of personal finance that allows you to purchase a vehicle and pay it off over time in fixed installments. When you take out a car loan, the lender provides the funds for the car, and you repay it with interest. Finance One offers flexible car loans for all credit types, making it easier to get behind the wheel faster.

Yes! Bad credit car loans are available for Australians who may have a low credit score or past credit issues. Finance One specializes in helping customers with bad credit find car loan solutions with transparent terms and fast approvals**.

The amount you can borrow depends on your income, credit history, and the car you want to purchase. Most Australians can finance new or used cars through flexible loan options, including SUVs, Utes, and sedans. Speak to someone locally at Finance One to find the right loan amount for your situation.*

Interest rates vary depending on your credit profile and loan term. Finance One provides competitive rates for mid-credit and bad credit car loans. Getting approved quickly allows you to plan your repayments with confidence.

With Finance One’s digital-first process, you can receive car loan approval in hours** instead of days. Fast approval helps you secure your car sooner and make confident purchasing decisions.

Absolutely! Car loans with Finance One cover both new and used vehicles. Whether you’re upgrading to a new SUV or purchasing a reliable used car, our loans are designed to suit real-life needs.

There is no minimum credit score required to buy a car in Australia. While higher credit scores may access better interest rates, borrowers with low or poor credit scores can still be approved through lenders like Finance One that assess affordability and income rather than credit score alone*.

How much you can borrow for a car loan depends on your income, living expenses, existing debts, and credit profile. Most lenders calculate affordability to ensure repayments fit comfortably within your budget rather than offering a fixed amount.

Lenders may calculate borrowing limits by assessing your income, regular expenses, current debts, and credit history. We aim to ensure repayments are manageable and sustainable over the loan term.

A secured car loan is a loan where the vehicle is used as security. Due to the lender having an asset backing up the loan, secured car loans often come with lower interest rates and longer terms compared to unsecured loans.

A secured car loan often allows you to borrow more than an unsecured loan because the vehicle is used as security. This can reduce the lender's risk and may result in lower interest rates compared to unsecured finance.

A secured car loan may be better if you’re buying a vehicle and want lower interest rates. An unsecured loan may offer more flexibility but usually comes with higher rates. The right option depends on your financial situation and goals.