Car Loans Melbourne
New or used, dealer or private sale. Compare car loans across our lender panel and get pre-approved before you start negotiating.
“Michael in particular has been exceptional to deal with”Mandy J.
Car Finance Without the Showroom Pressure
Dealer finance is convenient, but you only see the lenders that dealer works with, and the loan is often negotiated alongside the price of the car.
Lifestyle Loans compares car loans across our lender panel and gets you pre-approved first, so you know your budget before you shop and can negotiate on the car alone.
- ✓New and used cars, from dealers or private sellers
- ✓Secured and unsecured loans compared
- ✓Balloon payments explained before you commit
- ✓Pre-approval before you start shopping
Car Loan Options
The right loan depends on the car, the seller and how you will use it.
New Car Loans
A secured loan uses the car as security, which usually means a lower rate than an unsecured personal loan.
Used Car Loans
Most lenders cap how old the car can be by the end of the loan, so older cars may need a shorter term or an unsecured loan.
Private Sale
Buying from a private seller works with most lenders. The lender checks there is no finance owing on the car before it pays the seller.
Refinance Your Car Loan
Paying a high rate from dealer finance? Refinancing to another lender can lower your repayments, depending on your loan's exit costs.
Novated Leases
Your employer pays the car costs from your pre-tax salary. Whether it saves you money depends on your income and the car, so check with your employer.
Cars for Your Business
Using the car mostly for work? A chattel mortgage through our asset finance team may suit. Speak with your accountant about the tax side.
Dealer Finance or a Broker?
Both can get you into a car. Only one of them works for you.
| Dealer finance | Lifestyle Loans | |
|---|---|---|
| Lenders | Only the dealer's lenders | Our full lender panel |
| Hidden fees | Fees and add-ons rolled in | All fees shown upfront |
| Timing | Sorted on the day | Approved before you shop |
| Negotiating | Price and finance mixed | Negotiate the car price only |
| Private sales | Not available | Available |
| Extras | Insurance pushed with the loan | Choose extras yourself |
Your Car Loan Journey
A simple process from your first enquiry to a settled loan.
Book A Call
Tell us the kind of car, your budget and whether it is new, used or a private sale.
Get Pre-Approved
We compare lenders and get you approved before you shop.
Find Your Car
Shop with a clear budget and negotiate on the price of the car.
Final Approval
The lender confirms the car details and checks for any finance owing.
Drive Away
The lender pays the seller and you pick up the keys.
Book A Call
Tell us the kind of car, your budget and whether it is new, used or a private sale.
Get Pre-Approved
We compare lenders and get you approved before you shop.
Find Your Car
Shop with a clear budget and negotiate on the price of the car.
Final Approval
The lender confirms the car details and checks for any finance owing.
Drive Away
The lender pays the seller and you pick up the keys.
What Our Clients Say
Here is what clients had to say about their experience with Lifestyle Loans.
Jean B.
“the team at lifestyle loans are amazing, we have used and recommended this business, to all our family and friends, new cars home loans ect”
Joseph T.
“Was an excellent experience, and ran very smoothly all thanks to Michael!”
Rebecca F.
“The team at Lifestyle Loans has been absolutely amazing!”
Car Loan Brokers in Melbourne
Buying a car is often the second-biggest purchase people make, yet the finance is usually decided in a few minutes at the dealership. A car loan through a broker lets you compare lenders first and walk in with a pre-approval, so the only thing left to negotiate is the car.
Lifestyle Loans arranges car loans for new and used cars across Melbourne, from dealers and private sellers. Secured car loans use the car as security and usually carry a lower rate than an unsecured personal loan. Lenders set limits on the age of the car, and a balloon payment can lower your repayments in exchange for a lump sum at the end.
If the car is mostly for your business, a chattel mortgage through our asset finance team may be a better fit. If you want to salary package, a novated lease through your employer is another option. We explain the trade-offs so you can choose the loan that suits how you will use the car.
Car Loan FAQs
Ready to Buy Your Next Car?
Get your car loan approved before you shop, so you can negotiate on the price of the car, not the finance.