Secured Car Loans Melbourne
Rapid Loans will help turn the car you’re thinking about into the car you’re driving. Whether at a dealer, or an auction, or parked on the street with a sticker in the window, wherever you find your next car, you’re going to need a car loan provider who will help you get it quickly.1
Rapid Loans now offers online car loans
Rapid Loans offers online car loans from $5,000 to $25,000 and we make the process simple, fast and secure. Apply online and our friendly, helpful loans consultants will help you find a a car loan solution that suits your needs. We can even grant up to 2 weeks of conditional pre-approval on your car loan.
Not working full-time? No problem! You are welcome to apply for a car loan if you are:
- Employed part-time or as a casual
- A subcontractor or self-employed business owner
- Receiving government benefits
- 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
- $ 7,000
- $ 8,000
- $ 9,000
- $ 10,000
- $ 11,000
- $ 12,000
- $ 13,000
- $ 14,000
- $ 15,000
- $ 16,000
- $ 17,000
- $ 18,000
- $ 19,000
- $ 20,000
- $ 21,000
- $ 22,000
- $ 23,000
- $ 24,000
- $ 25,000
How often do you get paid?
- Weekly
- Fortnightly
- Monthly
*Estimated repayments start at

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 amount. If everything in your 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 loan is the vehicle being purchased. Because secured 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 finance 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 Melbourne 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 Rapid Loans on 1300 727 431 to discuss how you could be parking a new car in your driveway tomorrow.
Car Loans Melbourne
If you are looking for a new car in Melbourne, a car loan from Rapid Loans can help you get into the car of your dreams or simply a more dependable vehicle. Our process for car loans Melbourne is designed to be convenient and easy to understand.
How Our Car Loans Work
The car lending process is simple and includes these basic steps:
- You apply for a car loan.
- If you are approved, the funds are disbursed quickly.
- You make payments until the loan is fully paid.
Rapid Loans only offer secured car loans, and a security interest will be held in your vehicle that you buy until completion of the loan repayment. Depending on income and other factors, we offer loans between $5,000 and $25,000 to qualifying borrowers. In addition to working with full-time and part-time employees, we also work with:
- People who are subcontractors or are self-employed.
- People who receive income from the government.
- People with casual employment.
Why Use Rapid Loans? Features & Flexibility
We appreciate your business and realise that you have choices when it comes to lenders in Melbourne. To express our gratitude to you for choosing Rapid Loans, we offer a variety of benefits. Our commitment to our customers is one of the reasons why we have been a premier choice for personal car loans in Australia since 2003. These are some of the main benefits of using our car finance services.
Easy Application Process
Our car loan application is divided into simple steps with a convenient and easy online application process. We process the information quickly to give you a prompt decision. These are some examples of required documents that you will need to provide:
- Recent online bank statements
- Proof of regular income
- Proof of residence
Fast Response
As long as the required supporting documents are included, we usually give you a decision within 24 hours. If you’re not sure about what you need to provide or you don’t have it on hand, one of our friendly consultants can give you a call to talk you through the process and answer any questions to keep your car finance application moving. After approval, Rapid Loans will provide the funds as soon as possible. We are also quick to answer questions that you send us by email or through an internet enquiry form.
Tailored & Smart Finance Options
Rapid Loans provides some flexibility when it comes to repayment terms including the loan term and repayment frequencies. We take pride in offering choices to our customers and want to ensure that each person has a repayment structure that is comfortable. Our company may offer the following payment frequencies:
- Weekly
- Fortnightly
- Monthly
Excellent Customer Support
Since we consider every customer a VIP, we are conscientious to treat everyone with the utmost respect, care and attention. We value our customers’ opinions and care about their individual experiences. Rest assured that we are dedicated to finding answers to your questions, doing our best to meet your needs and helping you through the process of getting a loan for your new vehicle.
Pre-Approval
We are pleased to offer a pre-approval decision that is good for two weeks. That way you are ready to pull the trigger on the right car when you find it and can offer a fast settlement with the seller. The pre-approval process is also simple and quick. Pre-approval is also nice to have if you are ready to start shopping and want to know how much money you can expect to spend. For example, you may find that you are pre-approved for $15,000, which means that you can shop for vehicles that are under that amount.
What Happens After Funding?
After you receive your loan approval, there are a few things that we require of you in addition to your timely payments. These are the main conditions to be aware of as you proceed:
- You must keep the vehicle comprehensively insured until you finish repaying the loan.
- If you move, you must notify us of your new address.
- If you cannot make a payment, you must contact us immediately.
Find the Right Car Loan Today
If you are ready to start looking for car loans Melbourne, we are here to help. You can submit an online application if you are ready and have the necessary documents. If you have questions or concerns, you can reach out to us by these methods:
- Dial 1300727431 to reach us by phone.
- Email us at customerservice@rapidloans.com.au.
- Use our online enquiry form.
We look forward to hearing from you and appreciate the opportunity to serve you.