Low rate car loans

Quick and easy car finance. Fast online application and friendly customer service.

Secured and unsecured car loan terms from 6 months to 5 years.

Finance a better deal for your new wheels

Fast car loans for new and used cars.


Start here

Takes 1 minute and won't affect your credit score

Simply a better way to borrow

  • Take time to shop

    Haven’t found the perfect car? Our pre-approval can give you up to 60 days to find your dream wheels

  • Low interest rates

    We reward good borrowers with low rates on car loans for new and used vehicles

  • Fast online application

    1 minute RateEstimate. 5 minute application

  • Simply smarter

    No exit fees or early repayment penalties. Easy online loan management

Car loans in 48 hours

Save time before applying by making sure:

  • You are aged 21 or over
  • You are an Australian citizen or permanent resident
  • You have a regular source of income
  • You have a good credit history

Get your personalised rate
  1. 1

    Apply online in 5 minutes

    Complete our fast and simple application in less than 5 minutes
  2. 2

    Hear from us in 2 hours

  3. 3

    Get a decision in 24 hours

  4. 4

    Receive your funds in 48 hours

Helping more Australians secure low rate car loans


Value of personal loans funded

30,000+ delighted borrowers

Loved by car buyers Australia-wide

RateSetter is rated 4.8 / 5 by our borrowers on independent review website ProductReview.com.au and 5 / 5 by rating agency Canstar. RateSetter offers the highest rated personal loan in Australia. 


"The customer service is excellent,
friendly and approachable.
Now I got the car I wanted
I am very pleased."

Maria Sydney

"I had no idea how much I could save. By moving over my personal loan from the bank to RateSetter, I'll be saving myself thousands in interest thanks to their very competitive rates"

Sam Gold Coast

"This is my first time to get a
car loan. Stress free application
and the staff is very supportive
and helped me all along the way."

Jason ACT
Sydney Morning Herald - Borrowers

"Watch out big banks, here comes RateSetter"

News - Borrowers

"RateSetter may be about to revolutionise the unsecured credit sector in the same way Aussie and Wizard rocked the mortgage market in the 1990s"


Frequently asked questions

Ready to get a car loan?

Get your personalised rate

RateSetter personal loan repayment terms range from a minimum of 6 months to a maximum of 5 years. Interest rates range from 4.0% p.a. (comparison rate 11.17% p.a.) to 17.9% p.a. (comparison rate 18.43% p.a.), subject to change depending on the rates offered by lenders in our Lending Markets.

*Representative example: Based on $10,000 loan with a 36 month term for a borrower with a good credit history at a comparison rate of 11.17% p.a. the estimated total amount payable including all applicable fees is $11,815 (interest payable is $1,337.40).

Rates stated as at 6 November 2018 and are subject to change. RateSetter credit criteria and terms and conditions apply.

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