Our car loan puts you in the driver's seat
We all love that new car smell, and what better way to get the keys to your new ride sooner than with our car financing. Even if you’re buying second hand through a used car - privately or through a dealership - then we can help finance your ride; just choose your loan term and flexible repayment options.
With a fixed rate of % p.a. (% p.a. comparison rate^) – it’s just another way we’ll help you get behind the wheel sooner. Simply apply online with Pepper Money today.
Want to lower your repayments?
You can lower your ongoing repayments by either contributing an upfront deposit, or including a balloon payment at the end of your loan term. Use our repayment calculator to see what works for your finances.
Why finance your car with
Pepper Money?
A fixed interest rate that won't change during your loan
Tailor your repayments with balloon and deposit options
Quick turnaround - we'll give you a decision within 3 business days!
See what your repayments might look like if you apply direct with Pepper Money
^ Comparison Rates are calculated based on a secured loan of $30,000 and a term of 5 years. WARNING This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Any calculations or estimations do not constitute an offer of credit or a formal credit quote and is only a calculation of what you may be able to achieve based on the information you have entered. It does not take into account suitable product features or loan product types. Rates + repayments shown are based on user inputted data. All applications for credit must be verified prior to the formal assessment process. All applications are subject to credit assessment and loan eligibility criteria. Terms, conditions, fees and charges apply. Credit is provided by Pepper Asset Finance Pty Ltd ACN 165 183 317 Australian Credit Licence 458899.
What is the eligibility criteria?
- You are an Australian citizen, permanent resident or hold a relevant work visa.
- You are currently employed and not on probation (full time/part time/casual > than 6 months).
- You have no current unpaid credit defaults or prior bankruptcies.
- You hold a current Passport or current Australian Drivers Licence.
Ready to take the next step?
Get to know our car financing
Our direct with Pepper Money car financing provides borrowers with a fixed interest rate of % p.a (% p.a. comparison rate^) which won't change during your loan term.
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How can I apply?
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You can start your application online. Otherwise, call us on 137 377 to find out more.
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Who can apply?
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We finance vehicles for private, sole trader, and company applicants. Balloon options are available.
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How long can my loan be?
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1 - 7 years.
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How much can I finance?
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You can finance the full purchase of your vehicle (up to $150,000) starting with $0 deposit.
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What cars do you finance?
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You can finance any brand of vehicle with us; it can be new, used, or a dealer demo.
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How often will I make repayments?
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Monthly, via direct debit from the borrower's Australian account
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Can I add a balloon payment to my loan?
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Balloon payments are available for new, demo or less than 1 year old cars.
1-3 year loan term: 50% balloon
4 year loan term: 45% balloon
5 year loan term: 40% balloon
6+ year loan term: 0% balloon
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What fees do you charge?
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- Loan establishment fee | $499
- Account administration fee | $8.90/month
- Security registration fee | $6
- Account closing fee | $20
Interest rates, fees, charges, terms and conditions apply only for peppermoney.com.au online loan applications. Different interest rates, fees, charges, terms and conditions apply to loan applications submitted via other channels.
Other fees apply including early repayment, default, and discharge fees. We may also pass onto you any third-party enforcement or recovery costs incurred by us.
Our car loan application process
1. Calculate your repayments
Quick and simple
See what your repayments might look like if you apply direct with Pepper Money
2. Apply online
Less than 5 minutes
Apply for finance online and submit everything needed for us to assess your application.
3. Money in your account
1-2 business days
If approved, access your funds within 1-2 business days.
Looking to finance more than just a car
Whether you're looking to finance a electric vehicle, boat, caravan, or commercial equipment, we're here to help you every step of the way.
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Electric Vehicle
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Caravan
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Watercraft
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Bike
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Commercial vehicle & equipment
Embrace the electric revolution
Our electric vehicle financing is as innovative as your new car itself. You’ll also benefit from no ongoing monthly fees. Being green never felt so good.
Finance your EV with us
- Flexible deposit and balloon options available
- No monthly account keeping fees
- Fixed interest rate
Ready to take the next step?
It's time to get away
Nothing beats the feeling of exploring our amazing country and pulling into your favourite camping spot – whether it’s with friends in the country or a secluded beachside escape. We’ll help finance your caravan purchase, so you can focus on planning your trip and not worrying about your finances.
Finance your caravan with us
- Absolutely no fees*
Get your rate without impacting your credit score
Quick turnaround - get a response within hours
Ready to take the next step?
Let’s hit the waves
Nothing beats exploring the magnificent coastline. Imagine the sun beating down as you ride the waves, explore new beaches and appreciate nature’s beauty. Or maybe you’ve finally found the perfect fishing spot. Either way, we’ll help you focus on the tide rather than getting tied up in the finance jargon of a boat loan. We can help you finance the purchase of new or used boats, jet skis, Sea-Doos and other personal watercraft.
Finance your r boat, watercraft or jet sk with us
- Absolutely no fees*
Get your rate without impacting your credit score
Quick turnaround - get a response within hours
Ready to take the next step?
Two wheels are all you need
Time to hit the road and escape the city? All you need is two wheels and your sense of adventure. With our motorcycle and scooter financing, you can focus on having fun on two wheels instead of deciphering financial jargon.
Finance your bike or scooter with us
- Absolutely no fees*
Get your rate without impacting your credit score
Quick turnaround - get a response within hours
Ready to take the next step?
Discover our flexible approach to commercial asset financing.
Whether it's new machinery, a truck, bus or even a forklift, we'll help your business grow through maximising your cashflow with our asset financing.
Tailored for commercial asset financing needs
- Apply after just 2 years' ABN registration
- Flexible loan terms and repayments
- Manage cashflow with flexible balloon options
What others are asking about car loans
A secured loan is secured against an asset you own. This could be your car or another eligible vehicle owned by you that can be registered as security against the loan. Depending on your circumstances, a secured loan may allow you to borrow at a lower interest rate, in comparison to an unsecured loan. Secured loans may have higher lending limits.
It’s important to understand however, if you repeatedly fail to make repayments and default on a secured loan, the asset used as security may be repossessed and sold. The proceeds of the sale will be credited to the outstanding balance of your loan.
An unsecured loan is a loan where an asset that you own is not registered as security against the loan. Unsecured loans usually have lower borrowing limits and a higher interest rate.
Pepper Money only offers secured car loans. For unsecured options please explore our unsecure personal loan options.
A balloon payment is a lump sum payment that you make at the end of your loan term. While this final payment is usually larger than regular monthly payments loan payments (hence the reference to balloons), it reduces your monthly repayments during the life of your loan, although you will pay interest on the balloon payment during the loan term.
Need some help with your car loan?
Whether you're buying your first car, a new business vehicle or are making the switch to electric - our resources are here to make sense of all that finance jargon.
What our customers think about us
5 Star Service
Great service and support when purchasing my new car. Thanks
Amazing to talk to
Pepper Money was amazing to talk to. Easy and understandable. Highly recommend if you are looking for car or home loans.
Amazing as always
Amazing as always! This is the third time I’ve purchased a vehicle and Pepper Money have been there every time! This time was different because Pepper helped a dream come true. The professionalism from start to finish is second to none, and they always kept me up to date—over only 48 hours. Thanks, you are fabulous!
Wonderful experience in many aspects
Pepper Money gave me a good interest rate for a car loan, even despite my situation. They also gave me extra funds to pay off my previous car loan, which I was novated leasing. The contact I had with workers at Pepper Money was so lovely—they took initiative without me even asking. The approval was also quick—within 24 hours—when I applied through the car dealership.
The important legal bits
Information and interest rates are valid as at and subject to change at any time. Offers and promotions may be continued, withdrawn, or changed at any time without notice.
All applications are subject to credit criteria. Terms, conditions, fees, and charges apply.
‡Outcomes will vary depending on individual circumstances.
*Interest rates, fees, charges, terms and conditions apply only for peppermoney.com.au online loan applications. Different interest rates, fees, charges, terms and conditions apply to loan applications submitted via other channels.
^ Comparison rate is calculated on a secured loan of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate.
