Enter the email address associated with your account, and we'll email you a link to reset your password.
Car Insurance - February 26th
In the unlucky event you’ve bought a dud car that doesn’t work how it’s supposed to, or has seemingly advanced in age in the short time you’ve been acquainted, two types of consumer protection that could...– Read more
Canstar News - February 20th
GM said in a statement that it was with a “heavy heart” that it will stop selling new vehicles here and in New Zealand, as the company believed the brand could no longer “deliver appropriate returns”....– Read more
A car loan is a type of personal loan used for buying a motor vehicle such as a car, ute, 4WD, motorbike, or other road vehicle. A car loan is helpful when you don’t have enough savings to afford the vehicle of your choice, but you can afford to repay a loan in monthly installments.
There are a few different types of car loans:
for your sweet ride using the comparison selector tool at the top of this page.
Some of the pros and cons of car loans are worth thinking about before deciding whether or not a
is right for your circumstances:
Canstar compares personal loans with our unique, sophisticated car loans star ratings methodology, which looks at both pricing and features. We present the results with our consumer-friendly star ratings, with a 5-star rating signifying that a
offers outstanding value to consumers.
Some of the features Canstar compares for car loans are:
You can read the full car loans star ratings report for more information.
Compare car loans products yourself, based on your own requirements, using the comparison selector tool at the top of the page.
Written by: TJ Ryan and Tim Smith
Below are some of the car loan providers we rate:
Compare car loans using the comparison selector tool at the top of this page.
Canstar’s^ highest rated Used Car Loans with the Lowest Comparison Rates
for a used car loan amount of $20,000 over a 3 year term in NSW.
See some of the lowest comparison rate, 5-Star rated car loan products^ on Canstar’s database. The table below displays some of the car loan products from Canstar’s database (including some products from our referral partners) sorted by Star Ratings, then comparison rate (lowest to highest), then by provider name (alphabetically).
The Star Ratings in this table were awarded in November 2019. Data is updated daily. Current rates and fees are displayed and may be different to what was rated. The search results do not include all providers and may not compare all features relevant to you. ^View the CANSTAR Personal & Car Loan Star Ratings Methodology and full report. The rating shown is only one factor to take into account when considering products. For more information, read our detailed disclosure, important notes and additional information. *Read the comparison rate warning. The comparison rate may vary depending on the loan application fee which is determined as part of credit rating during the application process.
Canstar is an information provider and in giving you product information Canstar is not making any suggestion or recommendation about a particular product. If you decide to apply for a used car personal loan, you will deal directly with a financial institution not with Canstar. Eligibility for new and used car loans is determined by each individual provider and may differ from the methodology. We recommend you confirm all details of the loan with the provider directly before making any financial decision. Rates and product information that may be available to you will be determined by the relevant financial institution in accordance with their eligibility criteria, please confirm this directly with the financial institution you select.