Winner of the 2025 Finder Broker Innovation People’s Choice Award
Australia's #1 Asset Finance Broker 2025 (Loan Volume)
Award-winning brokerage
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4 Step Simple Process
Get your rate quote
Get your free personalised rate quote in 60 seconds through our online portal form.
Complete application
Once you receive your quote, login in, lock it in and complete your full application.
Upload documents
Through our secure portal, upload all relevant documentation for your Credit Analyst.
Get approved
Great news! Once you've selected your loan option, we offer 24 hour settlements.
Discover your loan capacity
Calculate your monthly repayments before even applying with our Clever Car Loan Calculator. Simply add the value of your car, term, initial deposit and you'll receive an estimate monthly repayment amount.
Online Loan Repayment Calculator
A innovative and secure application portal where you will be able to get your free quote, complete your full application and upload documents.
Personal Loans, Car Loans & Commercial Loans
lendlab offers Personal Loan, Car Loan and Commercial Loan options with flexible terms, low interest and 24 hour approvals.
Online Secure Client Portal
As a Clever Client you will be able to access your options, compare the best loan and be approved within one tab.
So who should I get my next car loan with?
lendlab is a trusted and experienced finance broker based in Melbourne. We specialise in Low Interest Personal Loans and Car Loans. Get your FREE Rate Quote in 60 Seconds today before shopping for your next car!
Key takeaways
Car Dealer Finance could be limiting your options when it comes to shopping for the best car for you. In many cases, a Car Loan with a slightly higher rate can result in a better deal overall, as you are able to negotiate more on the cars price itself.
Car Loan Calculator
Don't fall for 1.99% Dealer Finance
Reason 1
Special and discounted rates of 1.99% finance on a Car Loan are a result of manufacturer subsidisation, meaning your negotiation power on the final price of the vehicle is minimal.
Reason 3
Low-interest-rate car loans with 36 or 48-month terms are accompanied by higher repayments and very limited flexibility. The majority of buyers fail to qualify for these Car Loans.
Reason 2
The cars available for these low-interest-rate car loans are reduced to a small range, usually the stock they are looking to sell quickly.
Reason 4
Dealers often add a margin to the price of the car to recover for their losses through the low interest rate.
4 Step Simple Process
Get your rate quote
Get your free personalised rate quote in 60 seconds through our online portal form.
Complete application
Once you receive your quote, login in, lock it in and complete your full application.
Upload documents
Through our secure portal, upload all relevant documentation for your Credit Analyst.
Get approved
Great news! Once you've selected your loan option, we offer 24 hour settlements.
Achieve Financial Success
At lendlab, we specialise in making personal loans accessible and straightforward. With our flexible options, we make it easy for you to find the right solution without the hassle.
Need a quote? Our process takes just 60 seconds, and applying is a breeze—only 10 minutes of your time is needed!
Plus, our 24-hour approvals mean you won’t have to wait long for the support you need. Let us help you take the next step towards your financial goals today.
New Car Loans
Have your eye set on a new ride? We've got you covered at lendlab. With 24 hour approvals, get pre-approved before getting to the dealer.
Used Car Loans
Looking to purchase a used vehicle? lendlab has multiple options when it comes to car loan term flexibility.
EV Car Loans
EV Rates starting from 5.64%*, the time to go green has never been better. Get your free rate quote in 60 seconds for your EV Car Loan!
Discover the Perfect Car Loan
Capacity
Discover your borrowing capacity with our Free Quote in 60 seconds. Borrow upto
Interest Rate
Competitive and personalised interest rates to suit your profile.
Terms & No Exit Fees
Your loan, on your terms. Explore our flexible 3-7 Year loan terms.
Quick Approvals
Apply with confidence with our 24 Hour approval times. Loans with piece of mind. Experience $0 Exit Fees.
Why Choose lendlab for your Car Loan?
Experienced Broker
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Low Interest Rates
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60 Second Free Quotes
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24 Hour Approvals
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Car Loan FAQ's
A secured car loan is a financing option where the vehicle itself is used as collateral. This type of loan is considered less risky for lenders, often resulting in lower interest rates compared to unsecured loans. If you're looking for a low-risk car loan with favourable rates, a secured car loan might be ideal.
In a secured car loan, you pledge an asset (the car you're buying) to secure the loan. Consequently, they offer lower interest rates. Many lenders accept a variety of assets, but it's common to use the car you're purchasing, provided it meets certain age and value criteria.
A secured loan is backed by collateral, such as the car you're purchasing. This means if you can't make repayments, the lender can repossess and sell the car to recover the loan balance. Because this reduces the lender’s risk, secured loans often come with lower interest rates. However, these loans typically have restrictions, such as maximum vehicle age. Lower rates are often available for newer cars.
In contrast, an unsecured loan involves more risk for the lender since there’s no collateral to claim if you default. As a result, interest rates for unsecured loans are generally higher. The upside is greater flexibility, as these loans usually have fewer restrictions on how funds are used and may allow the borrower to cover various expenses like insurance, registration, or new tires. You should check your loan for any terms and conditions to understand any restrictions or requirements.
For initial assessment we may require some of the documents below:
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Proof of ID-Driver’s license, passport, Medicare card, etc.
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Proof of Income: Recent payslips, tax returns, or bank statements.
For some circumstances we may require additional information as below:
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Proof of Residence: Utility bill or council rates confirming your address.
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Proof of Savings: Bank statements or investment documents.
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Assets and Liabilities: Information on property, other vehicles, and existing debts.
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