New, used and private sale vehicle finance
Car Loans — broker support across Australia
Vehicle finance is available through a range of lenders, and rates and terms vary significantly depending on the lender, the vehicle and your financial profile. TwoFold Lending compares car loan options across multiple lenders — for new cars, used vehicles, private sales and vehicle refinancing — so you have a clear picture of what's available before making a decision.
Book an appointmentCompare car loan lenders before you walk into a dealership.
Car dealers often offer finance at the point of sale — and it's rarely the most competitive option available. Rates, terms, fees and balloon payment structures vary significantly between lenders, and what looks simple at the dealership can cost meaningfully more over the life of the loan. We compare options across multiple lenders before you commit so you understand what's genuinely available for your vehicle and credit profile.
- New and used car loan comparison
- Private sale and dealer purchase support
- Balloon payment and residual structures explained
- Vehicle loan refinancing
Rate, term, balloon payments and what vehicle finance actually costs you.
A car loan with a balloon payment keeps your regular repayments lower, but the balloon amount must be paid, refinanced or settled by sale when the term ends. Whether that structure suits you depends on how long you plan to keep the vehicle, how it'll be used and what your financial position looks like at the end of the term. Understanding the real total cost — not just the monthly repayment — is what makes the comparison meaningful.
TwoFold Lending compares new car loans, used car finance, private sale purchases and vehicle refinancing across multiple lenders. We explain the differences in plain language and help you choose a structure that fits your budget and how you actually use the vehicle — not just what's quick and easy to arrange.
Common questions
Car Loans — frequently asked questions
Can I get finance for a used car?
Yes. Most lenders will finance used vehicles, though the terms and available rates vary based on the car's age, condition, kilometres and value. We compare lenders to find the most suitable option for the specific vehicle you're buying.
What is a balloon payment and should I use one?
A balloon payment is a larger lump sum at the end of the loan term. It keeps your regular repayments lower but means you need to pay the balloon amount out, refinance it or sell the vehicle when the term ends. It suits some buyers well — and not others. We help you understand the real total cost before you decide.
Is using a broker for a car loan worth it?
For many buyers, yes. A broker compares vehicle finance options across multiple lenders — which means you get a broader view of what's available before you commit. That comparison can result in a more competitive rate, fewer fees or a loan structure better suited to your budget.