Now Finance offer car loans, secured against the vehicle you are purchasing.

Now Finance car loans review


To qualify for a car loan with Now Finance, applicants must:

  • Be at least 18 years old.

  • Be Australian citizens or permanent residents.

  • Have a regular source of income (not primarily from Centrelink).

  • Not be declared bankrupt or have had a credit default

You'll need to provide proof of income, which might mean payslips or bank statements and other evidence if you are self employed.

If you are self employed, you are only eligible for a Now Finance car loan if your business' ABN has been registered for at least 24 months and you can provide your ATO individual notice of assessment for the current or prior financial year end.

If you are a casual employee, you must have been in your position for three months minimum.


Now Finance car loans have the following terms

Term length

18 months-7 years

Loan size




Loan type


Repayment options

Fortnightly or weekly

Type of vehicle

New or used

Now Finance car loan rates and fees

Now does not charge any fees on its personal loans. That means no charges for paying the loan off early or missing a repayment, as well as no establishment or ongoing monthly fees.

Personalised rates

Now offers personalised loan rates depending on the creditworthiness of the borrower and the vehicle in question. Riskier loans, which could mean borrowers with a poor credit history or an older, less reliable vehicle, will likely be charged higher rates. Now only offers fixed rate loans.