Car Loans

There’s nothing quite like a new car, that new smell and new shine – smooth and reliable. Plus, those envious looks from your neighbours! A MyLife MyFinance car loan can make your dream a reality.

When it's time for some new wheels

That new car is closer than ever before with a competitive and flexible MyLife MyFinance car loan. Our fast approval process puts you in the driving seat. And paying it off sooner – no problems; make additional payments without penalties or break fees.

Not sure how much to borrow or what your could afford? Use our handy car loan calculator  to get a better understanding. 

Get the advantage with flexible, highly competitive benefits

Competitive rates

Fast approval

Additional payments allowed

No break fees

Great rates for our members

6.99

Member rate

Cars up to 4 years & borrowing $10,000 or more
Variable and comparison rate 6.99% p.a.*
 
Cars 5-7 years old & borrowing $10,000 or more
Variable and comparison rate 7.99% p.a.*

General rate

Cars up to 4 years & borrowing $10,000 or more
Variable rate 7.49% p.a.
Comparison rate 7.69% p.a.
 
Cars 5-7 years old & borrowing $10,000 or more
Variable rate 8.49% p.a.
Comparison rate 8.69% p.a*

Our special rates are available to customers of MyLife MyFinance who
are members of MyLife MySuper or Catholic Super superannuation funds.

Ready to take the next step?

We're here to discuss your options and get you there

Need information? Call us on 03 9629 4484

General information

Car loan application fees:

Car loan - application fee: Waived

Other lending fees:

Personal property security registration: At cost

Car loan application fees:

Car loan - application fee: $125.00

Other lending fees:

Personal property security registration: At cost

Applications generally take 30-60 minutes. 

Once an application with all supporting documents has been received by MyLife MyFinance, a pre-approval decision will generally be provided within two business days.

There is no qualifying period for loans to receive member benefits.

No penalty for additional loan repayments or early pay-out on variable rate loans.

Comparison rate calculated on $30,000 loan over 5 years. Care should be taken in using this comparison rate. The comparison rate is accurate only for the example given as other factors including government fees and charges, redraw fees or fees for early repayment, may influence the final cost of the loan.

All loan rates are variable unless noted otherwise.

There is no qualifying period for loans to receive member benefits.

Interest rates as at 20 July 2018. All interest rates are variable unless noted otherwise. 
In deciding whether this product meets your needs, we recommend that you read this page in conjunction with our Product Disclosure Statement, Supplementary Product Disclosure Statement (Interest Rates), Supplementary Product Disclosure Statement (Schedule of Fees and Charges), and our General Terms and Conditions. A copy of these documents are available on our website. You can also obtain a copy of these by contacting our office on 03 9629 4484.
MyLife MyFinance Limited Trading as MyLife MyFinance. ABN 54 087 651 750. AFSL/Australian Credit Licence Number 245606