Car Finance Made Easy

Whether you’re purchasing second hand from a private seller or dealership, or treating yourself to a brand new car, Rapid Loans has car finance that can fit your needs. Rapid Loans offers stress free car loans – online, fast turnarounds and second-to-none customer support. With car loans available up to $25,000 and two weeks of conditional pre-approval, you can start shopping for your next car with confidence. We have helped clients across Australia, including in Melbourne Car Finance, Perth Car Finance, Sydney Car Finance and all other major cities & towns.

Car loans finance

How To Apply

  1. Fill out our simple online car loan application form – it takes just minutes!
  2. Fast track your finance application by supplying us with your financial information in a simple and secure online format
  3. One of our friendly consultants will give you a call or email

Secured Car Finance

Rapid Loans is a secured lender, meaning that we use the car you’re purchasing as the security asset for the car loan. This is the most common option on the market for car finance.

Why Choose Rapid Loans for Your Car Loan?

We think there’s enough to think about when you’re purchasing a new car, without the car finance being complicated too. With a 15 year lending history and deep knowledge of the industry, we’ve been able to streamline our processes to offer car loan products that work for our customers, with a simple car loan application that captures all the information we need to make an assessment without leaving you frazzled and out of time.
We take the time to assess your individual situation, and we strive to make our car finance accessible. You can still apply for a car loan if:

  • You receive an eligible government benefit
  • You work for yourself
  • You work casually or part time
  • You’re still on your learners permit


Car Loan Calculator

Use our simple car loan calculator to find out how much you can borrow towards your new set of wheels.

Loan amount

Please Select
  • $ 2,001
  • $ 3,000
  • $ 4,000
  • $ 5,000
  • $ 6,000
  • $ 7,000
  • $ 8,000
  • $ 9,000
  • $ 10,000

How often do you get paid?

Please Select
  • Weekly
  • Fortnightly
  • Monthly

Rapid Loans

How online car financing works

Say you go car shopping in the morning and the find the car you want. It might be one of Australia’s favourite cars – a Toyota Camry or HiLux, or a Mazda 3, or a Holden Commodore – or it might be something a little different. Say the price is $10,000. With Rapid Loans, you can fill out our simple online form for the full loan amount. If everything in your car loan application is in order, you can have your approval within hours.1

Apply for your next car loan

What is a secured car loan?

A secured car loan is a lending agreement where the asset acting as security for the car loan is the vehicle being purchased. Because secured car loans are safer for both the lender and the borrower, they offer better interest rates and lower fees. Unsecured vehicle loans are quite uncommon.

Rapid Loans car loans facts

  • You must be able to show 3 months of continuous income and place of residence.
  • All kinds of government pensions and benefits can be conditionally accepted.
  • Weekly, fortnightly and monthly payment terms available.
  • All vehicles must be comprehensively insured for the duration of the loan.

Car Finance with Rapid Loans

A car loan is better called a ‘vehicle loan’ as it covers trucks, motorcycles, boats and caravans too. In getting a vehicle loan, a borrower can either apply for conditional pre-approval for a certain amount before they go shopping, or they can find a vehicle, negotiate a price and then approach a lender to access the necessary funds.

Call us on 1300 727 431 to discuss how you could be parking a new car in your driveway tomorrow.

Apply now for a rapid response

Using Rapid Loans to Finance Your Next Vehicle

In the modern world, almost everyone needs a car to participate in society. Cars are necessary to go to the store, visit friends, and even to get a job. Buying a vehicle is expensive, so financing options are a popular choice available to make paying for your next vehicle more manageable.

Car sale finance

Benefits of Car Finance Using Rapid Loans

We  simplify the process of obtaining a car loan so that you can quickly get on the road with a vehicle that you can afford with weekly, fortnightly or monthly repayments. Whether you are looking for a new car or a used vehicle, we can provide the finance that you need.

Rapid Loans has a strong advantage over conventional lenders because it allows you to apply for car loans Australia quickly using an easy and convenient online finance application. If approved, you can generally see a result quickly and often have funds available on the same day. In other words, you do not have to wait for weeks to have your car loan application assessed.

Many people who are in the market for a car do not currently have the luxury of owning a vehicle. As a result, getting to a lender’s office can be challenging. When you borrow online, you can avoid the hassle of having to make a personal appearance in an office that is a significant distance from your house.

Easy Finance Application Process

Another major advantage of Rapid Loans is that the lender lets you easily complete your car loan application online. Filling out an application online has several benefits, including:

  • The car loan application can be completed from anywhere
  • Fast application process
  • Transparent loan repayments

As a result, most borrowers can complete their applications in less than five minutes. Once your car loan application is submitted, you will usually get feedback about whether your car loan was approved within 24 hours.

Fast Response and Clear Communication

Rapid Loans is known for the speed of which applications are processed. All our car loan applications will have to be manually reviewed, but we endeavour to have our finance applications processed promptly and most applicants get an answer on the same day.
Of course, most car buyers have a specific need that they need to solve as quickly as possible. Some buyers are waiting on a vehicle to get to work while other buyers need a car to drive their kids to school or just get to the shops. Having the ability to get finance in a timely manner lets you quickly get past the buying process so that you can move on with your life.

Tailored Finance & Loan Repayments

car instruction

Rapid Loans is willing to work with borrowers to customise their car loan features by:

  • providing comprehensive information about loan terms, rates and fees on its website,
  • giving borrowers the option of speaking to a personal account manager, and
  • offering tailored car loan repayments including loan terms and loan repayment frequency between, weekly repayments, fortnightly repayments and monthly repayments.

The bottom line is that if you need help with your next car loan, reaching out to Rapid Loans’ support team will get you a quick answer so that you can get on the road faster.

Exceptional Customer Support

You can reach out to our customer support team using most of the support mediums that are common in today’s world. Customer support is available through:

  • Phone
  • Email
  • Online contact forms
  • Regular post.

Having plenty of ways to reach our support team makes it easy to resolve any issues with your car loan if they arise. If you for any reason have problems with making your loan repayments, get in touch as soon as possible.

Used Car Finance

Rapid Loans offers a convenient finance method for used vehicles. You can apply for a car loan for used car finance in the same way that you apply to obtain car finance for a new vehicle.

The used car loans that we offer are secured by using the vehicle that you purchase as security.

2 Weeks Finance Pre-Approval

Rapid Loans can conditionally approve you as a borrower up to two weeks before you buy a car. In this way, you will have plenty of time to choose the vehicle that you really want. By having more time to pick the right vehicle, you will have more time to consider different offers that match your needs and offer quick settlement options to the car seller when you find the right vehicle.





How do I buy a car that is under finance?

When you are buying a second-hand car privately, it is essential to check whether a finance institution holds any security against it. We can find out this information by running a PPSR check on the vehicle you want to purchase. As the car you are purchasing acts as security for your loan, the seller will need to repay their original finance company before the sale can go ahead. There are two ways to do this.

The first is that the seller can obtain a payout quote from their financier, repay the outstanding amount and provide proof that the final payment has been made. The second way is that if they are relying on the sale of the car to repay the financier, then they can provide the official payout document to Rapid Loans and we will disburse funds straight to their financier as part of the new car loan. If there are additional funds from the sale leftover after the original loan is paid out, those will then be disbursed to the seller.

What is a p.a. comparison rate?

The comparison rate gives you a true understanding of the cost of the loan per year. In addition to interest rate charged, it adds the cost of fees and charges, repayment frequency, loan term and loan amount.

What loan terms do you offer?

Our loan terms vary from 18 to 60 months with loans ranging from $2,001 up to $25,000. This will depend on the product, loan amount and other factors.

What is a balloon payment?

A balloon payment is a significant extra payment made on your loan that is greater than your normal repayment. A balloon payment can be made at any time of the loan term and will reduce the loan term and interest charges for that loan. We do not require balloon payments at Rapid Loans, however the option is available to you to make extra repayments without incurring any fees.

What does pre-approval mean?

Applicants are able to apply for pre-approval for finance before making an offer for a car. Pre-approval means that the applicant has already gone through the application process and has been found that they satisfy the criteria to get a loan of a specific loan amount. This gives the applicant to the reassurance that they can afford a car within a specific budget. When the applicant has found a car to purchase, the loan application can be finalised with any conditions being met to receive final approval, contracts signed and funds disbursed.

Do you offer fixed interest rates?

Yes, easy personal loans and car loans for different locations ( Car Loans Melbourne, Car Loans Perth, Car Loans Sydney and more ) from Rapid Loans have a fixed interest rate outlined in your contract. This will vary depending on a number of factors such as borrower profile, loan product and principal amount.

Do you charge early repayment fees?

No, Rapid Loans does not charge any fees for early payouts or additional repayments on top of the normal repayment schedule.


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Katrina, Redan

When it came time to move into a new property, I knew if I saw something I liked, I’d need to come up with the money for a bond very quickly. So when I found my ideal property, I also found Rapid Loans online and it was an even quicker process to get the money I needed for the bond. I’d never borrowed money online before, but if you need cash quickly, I’d recommend Rapid Loans as your first click.

Christina, Mawson Lakes

I needed some money to pay off two smaller loans and part fund a family trip to the Philippines. I was blown away by how fast and efficient Rapid Loans was, always keeping me in the loop during the process and making me feel like I was their only client. A big thank you to Rapid Loans for their excellent service

Kim, Caloundra

We got to the stage where one car was just not enough for us with everything we needed to do during the week and on weekends. So I applied for loan with Rapid Loans to buy a second car and I couldn’t believe how easy and simple it was to secure the funds we needed. Our repayments are all structured and we know exactly how much we need to pay off and now we have the second car we desperately needed. Would I recommend Rapid Loans to friends or family? Well I already have!

Alex, Sunshine West

I had a few unexpected bills to pay off and I needed a bit of extra cash fast. I couldn’t believe how quick the whole process was with Rapid Loans – from applying for some extra cash to actually getting it in my bank account. Now I can pay off my unexpected bills in my own time, knowing exactly how much my repayments are


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