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Melbourne Car Loans up to $50,000

Get fast and flexible car finance in Melbourne up to $50,000 with Money3

  • All Vehicle Types OK
  • All Melbourne Suburbs
  • Centrelink Considered1
  • Bad Credit Considered1
  • No Deposit Required
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Car Loans 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:

Obtaining Your Vehicle

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!

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Melbourne Car Loans up to $50,000

Inner City Suburbs

Example Melbourne Car Loans Costs Chart

Platinum
19.95% APR
Silver
25.00% APR
Bronze
28.00% APR
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
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
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

Why Apply With Money3?

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.

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Melbourne Car Loans up to $50,000

Frequently Asked Questions

Can I partially finance a car with Money3?

Yes, with a car loan from Money3, you can pay for all or part of the vehicle purchase.

Can I buy privately, or do I need to go through a dealership?

If you find a great deal from a private seller, we can certainly help you. Private sales and dealerships are both OK.

Should I submit my car loan application before or after I find a vehicle?

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.

What kind of vehicles can Money3 provide finance for?

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.

Do you charge any early repayment fees on car loans?

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.

Does Money3 provide personal loans?

Yes, apart from helping Melbourne residents with car loans, we can also provide personal loans up to $12,000.

How is Money3 different to other lenders providing car finance in Melbourne?

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.

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