Get on the road faster with a Pepper Money car loan
Our car financing options can help you explore what’s possible for your next ride. Whether you’re buying brand new, a demo model, or second-hand through a used car (privately or through a dealership), we may be able to help finance your ride.
Want to lower your repayments?
You can lower your ongoing repayments by either contributing an upfront deposit, or including a balloon payment at the end of your loan term. Keep in mind this can increase the total amount payable over the life of the loan. Use our repayment calculator to explore how different options may affect your repayments.
Why finance your car with
Pepper Money?
A fixed interest rate that won't change for the term of your loan
Tailor your repayments with balloon and deposit options
Quick turnaround - Car loan application response within 1-2 business days*
Thinking of switching to electric?
See what your repayments might look like if you apply direct with Pepper Money
Any calculations or estimations are based on the information you have entered, including the interest rate, and do not constitute an offer of credit or a formal credit quote. It does not take into account suitable product features or loan product types. Rates + repayments shown are based on user inputted data and does not take into account any aspect of the user's individual circumstances. All applications for credit must be verified prior to the formal assessment process. All applications are subject to credit assessment, eligibility criteria and lending limits. Terms, conditions, fees and charges apply. Credit is provided by Pepper Asset Finance Pty Ltd ACN 165 183 317 Australian Credit Licence 458899.
What is the eligibility criteria?
- You’re at least 18 years of age and are an Australian citizen, permanent resident, or hold a relevant work visa.
- You’re currently employed (full time, part time, casual considered. Casual tenure must be > than 6 months).
- You have no current unpaid credit defaults or prior bankruptcies.
- You hold a current Passport or Australian Driver Licence.
Our car loan application process
1. Apply online
About 10 minutes
Eligible customers can apply online to finance a new, demo or used vehicle.
2. Application review
Within 1 business day
One of our lending specialists will touch base to discuss your application, assess your eligibility, and ensure you’ve provided all required documents.
3. Get an answer
Within 1 business day
Once your application is finalised and submitted for assessment, you’ll receive an application decision within 1 business day*.
Ready to take the next step?
Get to know our car financing
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How can I apply?
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You can start your application online. Otherwise, call us on 137 377 to find out more.
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Who can apply?
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We finance vehicles for individuals, sole traders, and company (private limited, sole trader and partnership) applicants. Balloon payment options are available.
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How long can my loan be?
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1 - 7 years.
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How much can I finance?
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You may be able to finance the full purchase of your vehicle (from $5,000 up to $150,000 for consumer applicants, and up to $300,000 for commercial applicants) starting with a $0 deposit (subject to eligibility criteria and lending limits).
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What cars do you finance?
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You could finance any brand of vehicle with us; it can be new, used, or a dealer demo. Eligibility criteria apply, including vehicle age and condition requirements.
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How often will I make repayments?
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Monthly, via direct debit from the borrower's Australian account
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Can I add a balloon payment to my loan?
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Yes, balloon payments are available for new, demo or less than 1-year old cars.
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What fees do you charge?
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- Loan establishment fee | $499
- Account keeping fee | $8.90/month
- Security registration and PPSR search fee | $8
- Early termination charge | Up to $750
- Account closing fee | $20
Interest rates, fees, charges, terms and conditions apply only to loan applications submitted via peppermoney.com.au. Different interest rates, fees, charges, terms and conditions apply to loan applications submitted via other channels.
Other fees apply including early repayment, default, and discharge fees. We may also pass onto you any third-party enforcement or recovery costs incurred by us, as permitted by law.
What others are asking about our car loans
What’s a balloon payment?
How do balloon payments work?
Here’s how they work:
- You choose a balloon amount, often expressed as a percentage of the loan amount, subject to eligibility and lender limits.
- Your monthly repayments are calculated without including the principal amount but interest will be included, so they’re generally lower during the loan term.
- At the end of the loan, you pay the balloon in one lump sum by depositing cash or by refinancing.
Looking to finance more than just a car
Whether you're looking to finance a electric vehicle, boat, caravan, or commercial equipment, we're here to help you every step of the way.
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Electric Vehicle
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Caravan
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Watercraft
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Bike
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Commercial vehicle & equipment
Embrace the electric revolution
Our electric vehicle financing is as innovative as your new car itself. Being green never felt so good.
Ready to take the next step?
It's time to get away
Nothing beats the feeling of exploring our amazing country and pulling into your favourite camping spot – whether it’s with friends in the country or a secluded beachside escape. We may be able to help finance your caravan purchase, so you can focus on planning your trip and not worrying about your finances.
Ready to take the next step?
Let’s hit the waves
Nothing beats exploring the magnificent coastline. Imagine the sun beating down as you ride the waves, explore new beaches and appreciate nature’s beauty. Or maybe you’ve finally found the perfect fishing spot. Either way, we’ll help you focus on the tide rather than getting tied up in the finance jargon of a boat loan. We may be able to help you finance the purchase of new or used boats, jet skis, Sea-Doos and other personal watercraft.
Ready to take the next step?
Two wheels are all you need
Time to hit the road and escape the city? All you need is two wheels and your sense of adventure. With our motorcycle and scooter financing, you can focus on having fun on two wheels instead of deciphering financial jargon.
Ready to take the next step?
Discover our flexible approach to commercial asset financing.
Whether it's new machinery, a truck, bus or even a forklift, we may be able to help your business grow through maximising your cashflow with our asset financing.
Tailored for commercial asset financing needs
- Apply after just 2 years' ABN registration
- Flexible loan terms and repayments may be available
- Manage cashflow with flexible balloon options
Ready to take the next step?
Need some help with your car loan?
Whether you're buying your first car, a new business vehicle or are making the switch to electric - our resources are here to make sense of all that finance jargon.
What our customers think about us
5 Star Service
Great service and support when purchasing my new car. Thanks
Amazing to talk to
Pepper Money was amazing to talk to. Easy and understandable. Highly recommend if you are looking for car or home loans.
Amazing as always
Amazing as always! This is the third time I’ve purchased a vehicle and Pepper Money have been there every time! This time was different because Pepper helped a dream come true. The professionalism from start to finish is second to none, and they always kept me up to date—over only 48 hours. Thanks, you are fabulous!
Wonderful experience in many aspects
Pepper Money gave me a good interest rate for a car loan, even despite my situation. They also gave me extra funds to pay off my previous car loan, which I was novated leasing. The contact I had with workers at Pepper Money was so lovely—they took initiative without me even asking. The approval was also quick—within 24 hours—when I applied through the car dealership.
The important legal bits
Information is correct as at 23 September 2026 and subject to change at any time.
Information provided is factual information only, and is not intended to imply any recommendation about any financial product(s) or constitute tax advice. If you require financial or tax advice you should consult a licenced financial or tax adviser.
All applications are subject to credit assessment, eligibility criteria and lending limits. Terms, conditions, fees, and charges apply.
Interest rates, fees, charges, terms and conditions apply only to loan applications submitted via peppermoney.com.au. Different interest rates, fees, charges, terms and conditions apply to loan applications submitted via other channels.
* Assessment timeframes vary depending on individual circumstances.
