ANZ car loan options
Bank
ANZ finances personal car purchases through unsecured personal loans. Compare its fixed and variable options, early repayment rules and total costs before choosing how to fund the car.
Loanseekers is a broker, not a lender, and may receive commission from lenders on our panel. This does not change what you pay. See our Credit Guide.
Advertised rates
7.49% - 21.99% p.a. fixed or variable (unsecured personal loan; ANZ finances cars through its personal loans and has no secured consumer car loan)
Comparison rate 8.18% - 22.56%*
Approval speed
Same-day cash for in-branch applications approved by midday Monday to Friday, paid into an ANZ account
Credit-profile fit
Rate personalised by Equifax credit score: strong files price at the lower end of the range, short histories or recent defaults at the higher end. Working and business visa holders may be eligible; working holiday visas are excluded. Joint applications are priced on the lower of the two scores.
Pros & cons
Pros
- Borrow up to $75,000 unsecured, no car as security
- Choice of fixed or variable rate
- Free extra repayments and redraw on variable loans
- Same-day funds for in-branch approvals by midday
- No stamp duty on personal loans
Cons
- No secured car loan product, so no security-discounted rate
- $150 approval fee plus $10 monthly administration charge
- Early repayment costs can apply on fixed rate loans
- Joint applications priced on the lower of the two credit scores
Key features
- Unsecured loans $5,000 - $75,000 over 1 - 7 years
- Fixed or variable rate; weekly, fortnightly or monthly repayments
- Free extra repayments and redraw on variable loans
- No asset security required, including for car purchases
- Option to increase a variable loan later, subject to assessment
Fees
- $150 loan approval fee
- $10 monthly loan administration charge
- $20 late payment fee, repeating monthly while repayments are behind
- Early repayment costs may apply on fixed rate loans; none on variable
How to compare ANZ finance for a car
Start with the loan structure and your purchase plans. A lower advertised starting rate alone does not tell you which offer will cost less for your car and repayment schedule.
Is an ANZ car loan secured?
ANZ's car-buying page describes unsecured fixed and variable personal loans. The car is not pledged as security. For a secured quote from another lender, compare the vehicle conditions as well as the offered price; the same purchase can involve different loan structures.
Fixed and variable loans have different early-payment rules
ANZ's fixed personal loan keeps repayments consistent, but early or extra payments can trigger costs and there is no redraw. Its variable personal loan allows extra payments and early payout without an early repayment charge, with redraw subject to conditions; its rate and repayments can change. If you expect to sell the car, refinance or pay a lump sum, ask for the relevant payout conditions before accepting an offer.
Compare the offered rate and total cost
ANZ personal-loan rates are personalised, and the final rate is confirmed in the letter of offer if approved. Compare quotes using the same amount and term, including the approval fee, ongoing administration charges and any broker fees. Ask for the total amount repayable and the effect of your planned extra repayments, rather than comparing only the lowest advertised rates.
Check the seller and the EV purchase pathway
For a private sale, ANZ's buying guide recommends a PPSR check and considering an independent inspection. Borrowing the money does not verify the car's history. Its EV and hybrid page separately specifies personal-use vehicles imported by the manufacturer and bought from a registered motor vehicle trader. Confirm your exact vehicle and seller before assuming that pathway applies.
Questions to bring to your finance comparison
- Is my quote for an unsecured personal loan or a secured car loan, and what conditions differ?
- What would I owe if I sold the car or paid the loan out earlier than planned?
- Does the quoted total include every lender and broker fee, and what is still required before funds are available?
Related guides
- Compare ANZ and NAB loan options
- Buying privately: personal loans and PPSR checks
- How comparison rates differ from interest rates
- What to check before paying a car loan out early
Sources for these notes checked . Lender requirements can change; confirm the current conditions for your application.
Frequently asked questions
Who is ANZ best suited to?
Based on our review, ANZ is best suited for borrowers who want a major-bank unsecured loan up to $75,000 for a car or other purchase, priced to their credit score.
What are ANZ's rates?
7.49% - 21.99% p.a. fixed or variable (unsecured personal loan; ANZ finances cars through its personal loans and has no secured consumer car loan). Comparison rate: 8.18% - 22.56%. Profile record dated 22 Sep 2026. Rates and fees are subject to change by the lender at any time.
What fees does ANZ charge?
$150 loan approval fee. $10 monthly loan administration charge. $20 late payment fee, repeating monthly while repayments are behind. Early repayment costs may apply on fixed rate loans; none on variable.
How fast is ANZ's approval?
Same-day cash for in-branch applications approved by midday Monday to Friday, paid into an ANZ account.
What credit profile does ANZ accept?
Rate personalised by Equifax credit score: strong files price at the lower end of the range, short histories or recent defaults at the higher end. Working and business visa holders may be eligible; working holiday visas are excluded. Joint applications are priced on the lower of the two scores.
How do I apply through ANZ?
Start a Loanseekers enquiry and we compare ANZ against 70+ lenders for your situation. The initial check does not affect your credit score, and our specialists manage the application to settlement.
See if ANZ suits your situation
One enquiry compares ANZ against 70+ lenders for your exact position. No obligation, no impact on your credit score to enquire.
This is general information only, not personal advice; we have not considered your objectives, financial situation or needs. Loanseekers is a broker, not a lender, and may receive commission from lenders on our panel. This does not change what you pay. Approval is subject to lender criteria. See our Credit Guide.
Profile record dated 22 Sep 2026. Rates and fees are subject to change by the lender at any time.
*The comparison rate is based on the lender's published example and is true only for that example. 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.
Lender source pages
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