Car Loan Pre-Approval
Buying a new car? Get a pre-approved car loan to know how much you can borrow. Shop with confidence, boost your negotiating power, and speed up the loan process with a pre-approved car loan in your pocket.
Get a head start on financing so you can drive away sooner!
We can help you every step of the way.
Figuring out your borrowing limit can be stressful. Save yourself the hassle by applying for a pre-approved car loan. Our car loan specialists are here to help you, from navigating the minefield of lender requirements to negotiating and arranging the settlement with the lender.
Find great deals
Our experienced car loan specialists will help find you the best deals to save you money.
Don’t worry about bad credit
We can help find good value finance regardless of your circumstances or credit history.
Leading lenders
We select products from only the best lenders who meet our strict criteria for price, service and ethics.
Easy process
Our application process is streamlined, so in most cases, you can get your car loan immediately.
How to apply
CarLoans.com.au offers unparalleled convenience when applying for a fixed rate car loan.
Our four-step streamlined process can get you behind the wheel sooner.
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Tell us what you need by applying online or over the phone.
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We'll find you the best finance available.
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We'll arrange the application and the settlement.
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Drive away in your new car!
Calculate your car loan repayments
Your estimated repayments are
Getting pre-approved for a car loan
CarLoans.com.au takes the hassle out of applying for car loan pre-approval. Our four-step process saves you time and gets you behind the wheel fast.
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Describe your needs and apply online or over the phone.
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We'll find you the best financing available.
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We'll coordinate with your chosen lender.
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Get car loan pre-approval!
What is a pre-approved car loan?
A pre-approved car loan, also known as conditional approval, is an agreement that the lender will provide you with a certain amount for your vehicle purchase. You can use that loan amount estimate to figure out your budget. This can also give you leverage to negotiate a better deal at car dealerships.
Receiving a car loan pre-approval does not guarantee that you will be approved for car finance. However, it’s incredibly useful as it helps determine your budget and gets you ahead of the car loan process.
A pre-approved car loan usually lasts ninety days, but it can be shorter or longer depending on the lender. This is plenty of time to shop around and find a car that suits your needs.
Benefits of a pre-approved car loan
Applying for car loan pre-approval offers car buyers a range of advantages, such as:
Figure out your budget with ease
A pre-approved car loan lets you know how much a lender could provide you for your car purchase. With a clear loan limit in mind, you can shop within a set budget without worrying about whether you can afford it or not.
Avoid high-interest finance
When you go to a dealership, you may be recommended to get dealership finance, which usually comes with a high interest rate and expensive ongoing fees. With a pre-approved car loan, you can avoid all of that and sail through your car shopping unscathed.
Boost your negotiating power
Car sellers are more likely to take you seriously when you have a pre-approved car loan because it shows that you’re ready to buy a car immediately and that you already have potential financing lined up.
Speed up the car loan process
Much of the paperwork when applying for car loan pre-approval is similar to an actual car loan. Having all the documents you need prepared and submitted will hasten the whole application process, so you’ll have your car loan approved in no time.
You have the freedom to choose
A pre-approved car loan doesn’t tie you to a specific lender. It’s a limited-time agreement, which means that if you find a car loan that’s better suited to your needs, you can still apply for that one.
Arrange a Call
Fill out the following details and one of our car loan specialists will be in contact.