Friends test driving car while considering getting car loan
Friends test driving car while considering getting car loan

Car Loans

Time for a new car?
Our car loan options could get things moving.

Our car loan puts you in the driver's seat

We all love that new car smell, and what better way to get the keys to your new ride sooner than with our car financing. Even if you’re buying second hand through a used car - privately or through a dealership - then we can help finance your ride; just choose your loan term and flexible repayment options.

With a fixed rate of 9.24% p.a. (10.57% p.a. comparison rate^) – it’s just another way we’ll help you get behind the wheel sooner. Simply apply online with Pepper Money today.

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. Use our repayment calculator to see what works for your finances. 

Why finance your car with
Pepper Money?

A fixed interest rate that won't change during your loan

Tailor your repayments with balloon and deposit options

Quick turnaround - we'll give you a decision by the next business day!

Friends discuss about getting car loan
Thinking of switching to electric

Thinking of switching to electric?

If you're thinking of making the switch to a greener future, then our electric vehicle financing could get you on the road sooner.

  • Flexible deposit and balloon options available
  • Zero ongoing fees: Just your agreed monthly repayment
  • Fixed interest rate


See what your repayments might look like if you apply direct with Pepper Money

^ Comparison Rates are calculated based on a secured loan of $30,000 and a term of 5 years. WARNING This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Any calculations or estimations do not constitute an offer of credit or a formal credit quote and is only a calculation of what you may be able to achieve based on the information you have entered. It does not take into account suitable product features or loan product types. Rates + repayments shown are based on user inputted data. All applications for credit must be verified prior to the formal assessment process. All applications are subject to credit assessment and loan eligibility criteria. 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 are an Australian citizen, permanent resident or hold a relevant work visa.
  • You are currently employed and not on probation (full time/part time/casual > than 6 months).
  • You have no current unpaid credit defaults or prior bankruptcies.
  • You hold a current Passport or current Australian Drivers Licence.    
  • Apply online direct with Pepper Money or call us on 1300 131 572.

Ready to take the next step?

In less than five minutes, apply for finance online and submit everything needed for us to assess your application.

Get to know our car financing

Our direct with Pepper Money car financing provides borrowers with a fixed interest rate of 9.24% p.a (10.57% p.a. comparison rate^)  which won't change during your loan term.

How can I apply?
You can start your application online. Otherwise, call us on 1300 131 572 to find out more.
Who can apply?
We finance vehicles for private, sole trader, and company applicants. Balloon options are available.
How long can my loan be?
1 - 7 years.
How much can I finance?
You can finance the full purchase of your vehicle (up to $150,000) starting with $0 deposit. 
What cars do you finance?
You can finance any brand of vehicle with us; it can be new, used, or a dealer demo.
How often will I make repayments?
Monthly, via direct debit from the borrower's Australian account
Can I add a balloon payment to my loan?

Balloon payments are available for new, demo or  less than 1 year old cars.

1-3 year loan term: 50% balloon

4 year loan term: 45% balloon

5 year loan term: 40% balloon

6+ year loan term: 0% balloon

What fees do you charge?
  • Loan establishment fee | $474
  • Account administration fee | $8.90/month
  • Security registration fee | $6

Interest rates, fees, charges, terms and conditions apply only for online loan applications. 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.

Looking to buy a new car?

We’ve partnered with carconnect, one of Australia’s largest online car buying platforms, to help save you time, money and hassle
when buying your next new car.

Find your next car with carconnect

Find your next car with ease

Book a personalised consultation with carconnect’s consultants to find the right car to meet your needs
Pocket big savings with carconnect

Pocket real savings

A beefed-up buying power means carconnect can negotiate the best possible price so you can save on your next car purchase
carconnect can manage trade ins

Trade ins solved

carconnect will provide you with a competitive valuation on your old car and manage the whole trade in process

Our Product Reviews

What our customers think about us


from 1,273 reviews

Reliable car financing

I recently used Pepper Money to finance my new vehicle, and I couldn't be happier with the experience. Their team was incredibly helpful and guided me through the entire process. The application was straightforward, and I received approval quickly. The interest rate was competitive, and they worked with me to find a repayment plan that fits my budget. Overall, I highly recommend Pepper for anyone looking for hassle-free and reliable car financing.

Great customer service

Every dealing with Pepper Money has been easy and straightforward. They have great customer service and I always get through to speak to someone when needed. I have had two car loans with them and couldn't recommend them more highly.

Low interest rates

I used Pepper Money to finance the purchase of a new electric car and the process was great. They had a good deal of knowledge in the EV space, unlike some other financial institutions that didn't even know what an electric car was! Their low interest rates and good customer service were also appreciated.

Flexible payment plan

I have a car loan with Pepper Money. When I missed a couple of payments, they were absolutely fantastic. They explained my options and were very helpful in organising a payment plan to get me back up to date. I’d definitely recommend Pepper to anyone looking for a loan based on their customer service. I’m very pleased.

Flexible and realistic policies

A great lender to have around as an option, they offer flexible and realistic policies for everyday people. As a broker, I’ve used Pepper Money for many customers to get into the market, and they've all been very happy as their service is good. I have my own vehicle finance with them too, because they had a flexible and open mind to looking at a different income structure. It's not just if you have bad credit, they have great options regardless and they use a commonsense approach to lending.

Efficient lender

Pepper Money were very efficient in helping me get the vehicle I wanted. They helped me with the whole process to get the loan I needed.

T Smith

The important legal bits

Information and interest rates are valid as at 20 February 2024 and subject to change at any time. Offers and promotions may be continued, withdrawn, or changed at any time without notice.

*Interest rates, fees, charges, terms and conditions apply only for online loan applications. Different interest rates, fees, charges, terms and conditions apply to loan applications submitted via other channels. 

^ Comparison rate is calculated on a secured loan of $30,000 for a term of 5 years. WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate.