Whether you're replacing the old car that's done its dash or securing the set of wheels you've always dreamed of, we have a stress free motor loan for the road ahead.
We can personalise a loan to suit your needs at a very competitive rate.
We offer finance for a range of vehicles including new and used cars, motorbikes, personal watercraft, boats, caravans and campervans.
Car loan detailsShow more
|Minimum age of applicant||18 years of age|
|Interest type||Fixed for the life of the loan|
|Status of the car||New or used|
|Maximum age of car at end of loan term||15 - 20 years3|
|Loan amount||Motorcycles from $3,000, Cars from $5,000|
|Loan term||1-7 years4|
|Repayment frequency||Weekly, fortnightly or monthly|
|Additional repayments||Yes at any time5|
|Repayment options||Direct Debit, Australia Post, BPAY®6|
At least 50% of the vehicles use must be for personal purposes. If over 50% of the vehicles use is for business purposes, find out more about business car loans by calling 1300 776 254.
Subject to lending and approval criteria.
- Approved applicants only. Lending terms and conditions apply.
- Maximum vehicle age is subject to GE Money’s normal credit approval and lending criteria. Vehicle age refers to car loans. For more information on maximum age for other vehicles, visit the FAQs page.
- Subject to loan amount and risk assessment.
- If you pay off your loan early, an early termination fee may apply.
- Payment at Australia Post or via BPAY® will incur a payment handling fee.
BPAY® and BPAY® logo are registered trademarks of BPAY® Pty Limited 69 079 137 518. Credit provided by GE Personal Finance Pty Ltd ABN 54 008 443 810, trading as GE Money. Australian Credit Licence number 392163.
Rates and FeesShow more
Rest assured. At GE Money, we're upfront and clear about our car loan interest rates, fees and charges.
|Interest Rate||From 10.85%*p.a. (comparison rate from 11.94%^p.a.)|
Fees and charges
Loan Service Fee
Charged monthly on all loans
A once only fee for establishing your account
Early Termination Fee
An Early Termination Fee is payable, upon you paying out this contract early. The amount of the fee is -
a. $750 if the original loan amount exceeds $12,000
b. 6.25% of the original loan amount if $12,000 or less
c. A or B multiplied by the number of unexpired whole months in the term at the time this contract is paid out, divided by the number of whole months in the term
Payment Handling Fee Australia Post & BPAY®
Charged for each payment made at Australia Post or by BPAY®
Late Payment Fee
This applies if you don't make the whole of the minimum payment by the due date. An easy way to avoid late payment fees is to set up a direct debit.
Do you have any other questions?
Call us on 1300 973 422, Mon-Fri 9am to 5pm (AEST)
*Rates vary depending on credit scoring. Approved applicants only. Terms, conditions, fees and charges apply.
^Based on a secured loan of $30,000 over 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.
How to applyShow more
Save time with our easy application process.
You can apply in branch, over the phone or online. It only takes 15 minutes and we’ll call you within one business day to let you know how your application went.Apply Online
Find your local branch
Apply over the phone - call 1300 973 422
Once approved and signed, your funds are usually available the next day or no more than two working days, depending on your circumstances.
Am I eligible?
To apply for a GE Money Car Loan we first need to confirm some initial information. You must:
- Be over the age of 18
- Be a permanent Australian resident
- Currently be working and earning an income
- Have had a good credit history for the last 5 years
- Not have been bankrupt in the last 7 years
What you'll need
To receive final approval on your loan application, you will need to supply us with the following original documents (depending on the details of your application we may also require some other documents):
|Proof of identity||
|Proof of income||
Use our secure online upload portal to submit forms or documents
1 Excludes mobile phone bill.
As the car loan experts, we have calculators and handy hints to help you - like how to develop a budget for the year.
Budget planning tools
Feel in control of your finances by understanding your income and expenses. Using some simple tools it’s easy to understand where your money goes and how you can make the most of it.
Car Loan repayment calculator
Use this calculator to work out approximate repayments before you apply for a car loan, or to see how much interest and time you could save on your existing loan if you make additional repayments.
Please note: The results from the calculator are to be used as a guide only, as interest rates, time periods and repayments will depend on your personal financial situation.