Whether it's your first car or dream car, we've got you covered
A car loan is a finance product that lets you purchase a new or used vehicle and pay it off in instalments over a set term. You borrow a set amount from a lender, agree to a fixed or variable interest rate, and make regular repayments — typically weekly, fortnightly, or monthly.
Loan Pantry’s platform allows you to compare real rates, repayments, and terms before you apply, so you know exactly what to expect. Loan terms generally range from 12 to 84 months, but can be tailored to suit your budget, vehicle type, or long-term goals.
You can also choose to include a balloon repayment at the end of your loan term — a larger final payment that helps lower your regular instalments now. This can be a smart option if you plan to upgrade or trade in your car in a few years.