Westpac Banking Corporation


Business loans Solutions

Funding vehicle, machinery or equipment

My car finance is about to expire

When nearing the end of your finance agreement you have an important decision to make - to keep or not to keep the car.

Upgrading to a new car

It could be a good time to consider upgrading to a new car. There are many reasons why this makes good business sense:

  • Your car warranty may be about to expire and leave you paying future repairs 
  • It might be time to upgrade to a new, more reliable model. 

Our vehicle and equipment finance calculator will show you the monthly repayments on a new car.

Whether your existing finance is with westpac or another lender, you may be eligible to fast track your application. Call us on 1300 135 805 (Mon - Fri, 8am-7pm, Sydney time) or complete our short enquiry form and we'll let you know your next steps.

Find out more about vehicle finance.

Keeping your existing car

Sometimes it's a good idea to keep your car, especially if it's been reliable and served your business well. In this case you have 2 options:

1. Pay out the remaining amount

You could pay out the remaining amount if you have the cash flow in your business.

2. Finance the remaining amount

If you don’t have the cash to pay the remaining amount you may be able to continue to finance the car over a new agreed term.


If your car finance is with Westpac, call us on 1300 135 805 (Mon - Fri, 8am-7pm, Sydney time) or complete our short enquiry form and we'll let you know your next steps. 

Find out more about vehicle finance.



Things you should know
  • Credit facilities are subject to application and the bank's normal lending assessment criteria.