1. Fill out an enquiry form
Get started by filling out an enquiry form on this page with some more details about yourself and the type of loan that you are looking to get.
Used Car Finance Sydney
Used car finance Sydney locals can depend on. Compare rates with competitive second-hand car loans from more than 40 different lenders.
“Financfy made everything so easy and achievable. Best outcome with very efficient time. Thanks again and keep up the good work!”
Philip Sheanoda
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Get qualified in 5-10 minutes
Compare Used Car Rates from 40+ Different Lenders
Used car finance that makes it simple to finance a second-hand vehicle from a dealer or private sale. Our lenders will work with you to compare the best used car rates in Sydney from more than 40 lenders and help you to find an affordable loan option that meets your unique requirements. Whether you’re looking for a work vehicle, a daily commuter, or a weekender, our second-hand car loans make it easy to finance your next purchase.
How it Works
Comparing loan products from different lenders doesn’t need to be a hassle. Whether you’re looking to purchase from a dealer or through a private sale, the process for applying and getting approved for a used car loan is exactly the same.
2. Upload your documents
Once you have completed an online enquiry, our team will be in touch to request some supporting documentation so that we can get the process underway.
3. Get approved
From your initial enquiry, we work quickly to get you approved in as little as 24-hours.
4. Purchase your new vehicle
Once your loan has been approved and the money has been deposited into your chosen account, you can buy your new vehicle!
“Thank you Financy! Your prompt, reliable and efficient service was above and beyond. You made the whole experience so easy from application to approval. Highly recommended!”
Rafik Elmasri
Secure a Bargain with Second Hand Car Finance
Second hand cars account for around two-thirds of all cars sold in Australia each year, particularly as we move further away from the supply issues that sent second hand car prices through the roof a few years back. Today, the used car market is once again an appealing prospect for buyers looking to find great value and secure a late model used car for a fraction of the cost of a new equivalent.
Lender Comparison Rates
| Lender | Interest Rate (APR) | Comparison Rate (APR) |
|---|---|---|
|
|
8.8% | 10.09% |
|
7.89% | 9.51% |
|
6.89% | 8.51% |
|
6.89% | 8.51% |
|
7.85% | 9.42% |
“Very helpful, and totally understand the fine details to achieve my target financial goals”
Mag Mostafa
Used Car Finance Made Simple
Talk to real people
With Financfy, you’ll talk to real, local brokers who will work with you each step of the way. Because we’re local to Sydney, we are accessible and available to answer all of the questions that you may have along the way.
Same day approval
We know that things move quickly on the second-hand car market. When priced correctly, used cars don’t hang around for long which is why we work to get you approved in as little as 24-hours from your first contact.
Secure online portal
Our secure online loan portal means that all of your personal and financial information is safe and secure.
100% online application
No one likes waiting in line. With Financfy, you can apply for a used car loan and monitor the status of your approval all from the comfort of your home.
49+
Lending Parners
100%
Online Application
Frequently Asked Questions
When financing a used vehicle, you will need to set a budget and share information about the type of vehicle that you are looking to purchase. Our lenders can then assess the different loan products that are available and get you pre-approved for the loan. The vehicle that you purchase must meet the criteria relating to age, type, and mileage of the vehicle.
Interest rates on a new car loan are typically lower than an equivalent second-hand loan. Lenders will typically offer lower interest rates on new car loans because they are deemed to be “lower risk” due to a combination of factors including the age of the vehicle, condition of the vehicle, and the potential for depreciation.
Your borrowing capacity will depend on your unique financial circumstances. Once you apply, our lenders will assess your financials and provide you with information about the various loan products that are available to you. Factors such as the total value of the vehicle, your loan history, your debt-to-income ratio, and a range of other factors will all determine how much you can borrow.
It will depend on the condition and type of vehicle that you intend to purchase, however, in most cases the maximum age of a vehicle upon loan completion cannot exceed 10-years. That means that if you are taking out a 48-month loan (4 years) the vehicle must not be older than 6-years at the start of the loan.
Special circumstances may apply for specialist or enthusiast vehicles so it’s worth checking with our team for more information.
Yes, a demonstrator vehicle is considered a used vehicle. A demo car that has been used by a dealership for test drives or promotional activities has already been on the road and is therefore not considered to be a new vehicle.
There are pros and cons to buying a new or used vehicle. The obvious pro to buying a used vehicle is that it is cheaper than an equivalent new vehicle. The cons could include a limited warranty, potential for mechanical issues, and a higher interest rate on your loan. Before purchasing, our vehicle brokers can run you through the different financial products that are available for both new and used vehicles so that you can make an informed decision and compare repayments on both new and used options.
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Fund your new work vehicle with ease.
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