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 9.24% p.a. (10.57% 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 by the next business day!
Thinking of switching to electric?
If you're thinking of making the switch to a greener future, then our electric vehicle financing could get you on the road sooner.
- Flexible deposit and balloon options available
- Zero ongoing fees: Just your agreed monthly repayment
- Fixed interest rate
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 9.24% p.a (10.57% 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 | $474
- Account administration fee | $8.90/month
- Security registration fee | $6
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.
Looking to buy a new car?
We’ve partnered with carconnect, one of Australia’s largest online car buying platforms, to help save you time, money and hassle
when buying your next new car.
Find your next car with ease
Pocket real savings
Trade ins solved
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
Tailored to me
We had a choice between Pepper Money and our bank. We had a car loan with Pepper Money before and were happy. We decided to give them first crack to see if they met our needs and requirements. They had a better interest rate, fewer conditions, and fewer fees. The repayments for the personal loan were only a few dollars more than our car loan. Customer service was friendly, personalised, and top-notch, keeping us up to date through the application process. In general, friendly, cheaper, and better-suited loan than our bank (less fees and fuss). 10/10.
So helpfully simple
Quick, fast, and efficient. Thank you, Pepper Money, for helping me get the car I really wanted. I couldn’t be happier. They were patient and fantastically helpful. Would recommend to anyone.
Car loan
Pepper Money handled our car loan application from start to finish and was an absolute pleasure to deal with. The whole application process was a breeze, and we were lucky enough to be approved so I could purchase a new car! Couldn’t be happier with the service provided!
Easy to apply!
I can’t thank the happy staff at Pepper Money enough for making my car loan process so easy and fast! They were super friendly, and the dreaded paperwork wasn’t so bad either.
My car basically went boom!
I applied for a loan through Pepper Money early in the morning. By the time I had gone looking at cars and found one that I liked, they had already conditionally approved me. By the end of the day, everything was settled. I can’t recommend Pepper Money enough; their speed and customer service are second to none.
Exemplary service!
Fast, easy, and great service. I was looking for a small loan for a new family car and compared rates and costs. Pepper Money offered more flexibility and better terms than my bank. The whole process, from application to disbursement of funds, took just two days.
The important legal bits
Information and interest rates are valid as at 20 February 2024 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.