Get a personalised Perth car finance rate in less than one minute

Some features and benefits of car loans in Perth offered by Driva include:

• Low car loan interest rates
• Get a personalised rate in less than two minutes
• Flexible repayment terms and loan lengths
• Driva helps you to navigate the finance lending market
• Transparent and straightforward process (with no hidden ongoing fees)

A credit score is a number between 0 and 1200 that summarises your credit history, and lenders will use this number to assess if you are eligible for a loan with them, and decide what rate they will offer you. 

You can check your credit score for free directly from Equifax.

There are a number of factors that lenders will assess when determining whether you are eligible for a loan, and one of these is looking at your credit score. In some cases, your credit history will impact the personalised car loan interest rate that the lender sets (ie: the higher your score, the lower your interest rate). 

Even if you have a poor credit rating, and decided it's worth getting a car loan there may still be multiple loan options available to you. For some lenders, your credit rating is less important than other factors like the car you’re looking to buy and your income. 

When Driva provides you with your personalised interest rates, we perform a “soft credit check”, which means that we can access your credit rating without impacting it or recording an enquiry on your credit file.

If you’ve been looking to finance your new vehicle with a loan, chances are you’ve come across the terms secured and unsecured car loans. A secured car loan essentially means that you’re securing your loan against an asset (in this case, the car that you’re buying). Secured loans give the lender the security that if you are unable to make your car loan repayments, they can repossess the secured asset in order to recoup their funds. 

An unsecured car loan means that you are not using your car as security against the loan. While this means that the lender cannot simply take back the car in the event that you cannot make your repayments, you may face legal action (which would be a much messier process!). An unsecured car loan works in the same way as a personal loan.

If you’re looking at an older used vehicle, an unsecured loan may be your only option, due to the age restrictions on some secured products. Driva’s car loan matching platform will automatically tell you if you’re eligible for a secured or unsecured loan, depending on what vehicle you’re looking to buy. 

To start the process of obtaining car finance, simply follow a few online steps to provide us with your basic info and the type of vehicle you’re looking to purchase. From there, we will instantly provide you with the best quotes from a range of lenders. Driva automatically checks your profile against the criteria of all of our lenders to find which car loans you’re likely to be eligible for and at what interest rate.

Driva can help you find your perfect loan match in minutes, whether you’re buying a brand new car or a second hand caravan. 

Yes - Driva can help you secure finance for your dream car regardless of whether you’re looking for a used car, or a brand new one that’s straight from the car dealership.

Yes - if it’s got wheels, chances are we can help! Driva has access to a diverse lender panel, so whether you’re buying a campervan or a vespa, we can help you secure a loan with a competitive interest rate.

After you’ve filled out a few simple online steps, submitted your car loan application and chosen your preferred lender, getting your loan approved and securing car finance can take anywhere from 2 hours to 2 days, depending on which lender you’ve chosen. We aim to make the entire process as efficient and hassle-free as possible, so you can get on the road sooner!

If you require any assistance, our friendly and knowledgeable team is happy to help - email us at contact@driva.com.au or give us a call on 1300 755 494.

Yes - Driva can help you secure finance for your dream car regardless of whether you’re looking for a used car, or a brand new one that’s straight from the car dealership.

Yes - if it’s got wheels, chances are we can help! Driva has access to a diverse lender panel, so whether you’re buying a campervan or a vespa, we can help you secure a car loan with a competitive interest rate.

After you’ve filled out a few simple online steps, submitted your car loan application and chosen your preferred lender, getting your loan approved and securing car finance can take anywhere from 2 hours to 2 days, depending on which lender you’ve chosen. We aim to make the entire process as efficient and hassle free as possible, so you can get on the road sooner!

Absolutely! If you’re looking for a business car loan, Driva has a wealth of commercial finance options available. From chattel mortgages and hire purchase arrangements, to novated leases and hire leases, we can help you find the perfect loan for your business.

An APR is the lender quoted interest rate, but be wary of relying too heavily on this as it doesn’t include any of the fees you’ll be charged on your loan (so it can be quite misleading!).

Instead, we recommend paying more attention to comparison rates when you’re comparing loan options. Although it doesn’t include stamp duty, it does include nearly all the other fees you’ll be charged, so is a much more realistic indicator of how much your loan is going to end up costing you.

To access your personalised quotes and Driva Dashboard, you won’t need to provide any documents at all.

When it comes to submitting a loan application for assessment, the two main documents you need access to are your driver's licence and two recent payslips. You’ll also need to provide a bank statement, but we can help you easily access this online. We may require additional documentation depending on your personal lender and your personal circumstances, but we’ll let you know if and why this is necessary.

The maximum loan amount available to you depends on which lender you’re going with and whether you’re looking for a vehicle for personal or business use. Driva's lenders are have loan amounts available from $2,000 up to $750,000, so no matter what type of vehicle you’re looking to finance, we’re pretty confident we can help you!

Ready to get started? Check out how much you should spend on a car here.

All lenders charge fees - so the important thing is to account for these before deciding on which lender you want to proceed with. These fees might include early exit fees, monthly fees or entry fees. All of the fees you’ll be charged are automatically built into the personalised quotes you’ll view through your Driva Dashboard. 

When you’re comparing loan options, we recommend looking at the comparison rate of each loan rather than the APR (as the APR doesn’t include any lender fees so can be quite misleading!).

If you enter into a loan agreement with a balloon payment, this means you’ll need to pay a final lump sum amount at the end of your loan term. The balloon payment is normally expressed as a percentage of the total loan value.

The higher your balloon payment, the more interest you’ll be paying, but the lower your monthly repayments will be.

Learn more: What Is A Balloon Payment Car Loan? Everything You Need To Know

The cheapest Perth car loan rate we can offer is 3.69% with Macquarie, but in order to be eligible for this rate you’d need to meet a number of strict criteria, including having an excellent credit score.

Yes! If you’d like to get an idea of how much a car loan might set you back in monthly payments, or how much you could borrow in total, check out our handy car loan calculator tool. You’ll just need to input a few details like the year of the vehicle you’re looking at buying, the vehicle price and how much of a deposit you’d like to put down.

We’ll include all lender fees and charges in the monthly repayment estimates, so there’ll be no hidden surprises down the road!