Get fast and flexible car finance in Melbourne up to $50,000 with Money3
If you are concerned about your credit history or finding the perfect vehicle and then worried you may get your car finance application rejected, Money3 may be the solution.
We are a flexible lender and will consider applications from people with previous bad credit or people receiving Centrelink benefits1. It's a good idea to get your vehicle finance application pre-approved before you go out to source the perfect vehicle, so you know exactly how much you can afford and can shop around with confidence.
If you already have the perfect vehicle in mind and are ready to purchase, Money3 could assist in these situations as well. We will work with you to fast track your application for pre-approval, so you can be on the road as soon as possible.
You must:
1. Subject to verification, suitability and affordability
Whether you are browsing local vehicles on CarSales.com.au or Gumtree, a private seller or a dealership in Melbourne; Money3 can assist in all these situations1. Once you have your loan pre-approval, you can research and select your vehicle with confidence, agree on a sale price and then let us know the details of the vehicle you'd like to purchase.
Apply online for pre-approval to get started, we'll guide you through the process so you'll be driving away in no time!
Vehicle Finance
Cars
Motorbikes
Used Cars
Campervans
Vans
Minibuses
Caravans
Trailers
Boats
Jet Skis
Trucks
Ride on Mowers
Equipment
| Borrow | Costs | Repay |
|---|---|---|
| $5,000 | $2,211 | $7,211 |
| 24 Months at 19.95% APR & 35.97% Comparison Rate | ||
| $7,500 | $3,316 | $10,816 |
| 24 Months at 19.95% APR & 39.00% Comparison Rate | ||
| $10,000 | $6,803 | $16,803 |
| 36 Months at 19.95% APR & 38.18% Comparison Rate | ||
| $12,500 | $8,252 | $20,752 |
| 36 Months at 19.95% APR & 37.19% Comparison Rate | ||
| $15,000 | $9,701 | $24,701 |
| 36 Months at 19.95% APR & 36.53% Comparison Rate | ||
| EXAMPLE: A platinum unsecured personal loan of $5,000 for 24 months has fees and charges totalling $2,210.20 and a total repayment of $7,210.20. The Minimum loan term is 12 months and the Maximum term 24 months. The term will be 24 months if you repay monthly, 52 fortnights or 104 weeks. The Maximum APR is 19.95%. The Comparison Rate, based on a loan of $10,000 over three years, is 35.97% EXAMPLE: A platinum secured personal loan of $10,000 for 36 months has fees and charges totalling $6,802.97 and a total repayment of $16,802.97. The Minimum loan term is 13 months and the Maximum term 36 months. The term will be 36 months if you repay monthly, 78 fortnights or 156 weeks. The Maximum APR is 19.95%. The Comparison Rate, based on a loan of $10,000 over three years, is 38.18% WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Please Note: Advertised costs and repayments have been rounded up to the nearest dollar amount, so costs may be slightly cheaper in most cases. |
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| Borrow | Costs | Repay |
|---|---|---|
| $5,000 | $2,557 | $7,557 |
| 24 Months at 25.00% APR & 44.43% Comparison Rate | ||
| $7,500 | $3,835 | $11,335 |
| 24 Months at 25.00% APR & 44.43% Comparison Rate | ||
| $10,000 | $7,903 | $17,903 |
| 36 Months at 25.00% APR & 43.47% Comparison Rate | ||
| $12,500 | $9,627 | $22,127 |
| 36 Months at 25.00% APR && 42.51% Comparison Rate | ||
| $15,000 | $11,351 | $26,351 |
| 36 Months at 25.00% APR & 41.87% Comparison Rate | ||
| EXAMPLE: A silver unsecured personal loan of $5,000 for 24 months has fees and charges totalling $2,556.20 and a total repayment of $7,556.20. The Minimum loan term is 12 months and the Maximum term 24 months. The term will be 24 months if you repay monthly, 52 fortnights or 104 weeks. The Maximum APR is 25.00%. The Comparison Rate, based on a loan of $10,000 over three years, is 44.43% EXAMPLE: A silver secured personal loan of $10,000 for 36 months has fees and charges totalling $7,902.74 and a total repayment of $17,902.74. The Minimum loan term is 13 months and the Maximum term 36 months. The term will be 36 months if you repay monthly, 78 fortnights or 156 weeks. The Maximum APR is 25.00%. The Comparison Rate, based on a loan of $10,000 over three years, is 43.47% WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Please Note: Advertised costs and repayments have been rounded up to the nearest dollar amount, so costs may be slightly cheaper in most cases.> |
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| Borrow | Costs | Repay |
|---|---|---|
| $5,000 | $2,767 | $7,767 |
| 24 Months at 28.00% APR & 47.66% Comparison Rate | ||
| $7,500 | $4,150 | $11,650 |
| 24 Months at 28.00% APR & 47.66% Comparison Rate | ||
| $10,000 | $8,577 | $18,577 |
| 36 Months at 28.00% APR & 46.62% Comparison Rate | ||
| $12,500 | $10,469 | $22,969 |
| 36 Months at 28.00% APR & 45.68% Comparison Rate | ||
| $15,000 | $12,361 | $27,361 |
| 36 Months at 28.00% APR & 45.05% Comparison Rate | ||
| EXAMPLE: A bronze unsecured personal loan of $5,000 for 24 months has fees and charges totalling $2,766.35 and a total repayment of $7,766.35. The Minimum loan term is 12 months and the Maximum term 24 months. The term will be 24 months if you repay monthly, 52 fortnights or 104 weeks. The Maximum APR is 28.00%. The Comparison Rate, based on a loan of $10,000 over three years, is 47.66% EXAMPLE: A bronze secured personal loan of $10,000 for 24 months has fees and charges totalling $8,576.21 and a total repayment of $18,576.21. The Minimum loan term is 13 months and the Maximum term 36 months. The term will be 36 months if you repay monthly, 78 fortnights or 156 weeks. The Maximum APR is 28.00%. The Comparison Rate, based on a loan of $10,000 over three years, is 46.62% WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Please Note: Advertised costs and repayments have been rounded up to the nearest dollar amount, so costs may be slightly cheaper in most cases. |
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Money3 will give you a fair go1.
At Money3, we take a fair, common-sense approach to lending, which means we can be more flexible in who we can help. We specialise in providing car finance options to Melbournians with irregular financial circumstances who typically get rejected by other lenders.
We accomplish this while remaining faithful to our obligations as responsible lenders. We believe that receiving Centrelink income or having bad credit history shouldn’t prevent you from accessing car finance. We also believe in lending only to those we know can comfortably afford the loan.
The team at Money3 is eager to help you get on the road in your next new or used car. If you meet our eligibility criteria, apply today using the form on this page or click the link below.
1. Subject to verification, suitability and affordability
Yes, with a car loan from Money3, you can pay for all or part of the vehicle purchase.
If you find a great deal from a private seller, we can certainly help you. Private sales and dealerships are both OK.
You can apply with Money3 anytime you wish. If you’ve already found a vehicle you want to purchase, let us know when you apply to see if we can finance part or all of the cost. Alternatively, you could get pre-approval for a car loan from Money31 so you know what you can afford before you go looking for a new or used car.
Money3 can provide you with pre-approval for almost any vehicle type1, whether you’re looking at new cars, used cars, or even something like a caravan or boat.
No, there are no early repayment fees with Money3. If you would like to pay back the remainder of your loan amount early, there is no downside to doing so.
Yes, apart from helping Melbourne residents with car loans, we can also provide personal loans up to $12,000.
We could provide you with a car loan when other lenders can’t or won’t1. If you receive Centrelink income or have bad credit history, many other lenders will refuse to lend to you because they classify you as a high-risk borrower.
At Money3, we believe in giving everyone a fair go when it comes to securing car loans or other financial products. We’ll consider your loan application even if you receive government benefits or have a low credit score1. Our concern is whether or not the loan is suitable and affordable to you based on your current financial situation.
Money3 is a responsible lender regulated by ASIC. Our Australian Credit Licence is 389 782.
1. Subject to verification, suitability and affordability
Customers who have viewed this page and shown an interest in melbourne car loans, have also visited the following pages:
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ABN 63 117 296 143 / Australian Credit Licence 389 782
Call us on 1300 014 870.
