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If you've already estimated repayments, learn about our car loan rates and features.

You could borrow between $10,000 and $100,000

You can select a loan term between 1 and 7 years

The above calculator is for loans where the car you’re buying is offered as security and is:


  • less than 7 years old
  • Made locally or imported by the manufacturer
  • Never written off or stolen
  • Comprehensively insured.

Not right for you? Take a look at our Unsecured Personal Loan below.

Unsecured Personal Loan

If you don’t want to offer your car as security, or the car you’re after doesn’t meet our secured Car Loan’s eligibility requirements, check out our Unsecured Personal Loan.

Another way to borrow for a car
  • Borrow $4,000 -$50,000 (conditions apply)
  • No need to offer your car as security
  • Your choice of weekly, fortnightly or monthly repayments over 1-7 years
  • Funds into your Westpac account within 60 minutes of final approval.
Things you should know

Credit criteria and fees and charges will apply.

Personal Loan Contract Terms and Conditions (PDF 127KB)
Online Banking Terms and Conditions (PDF 1MB)


Information current as at 13 November 2018.

The estimated repayment amount does not include any fees and charges which may apply.

Car loan calculator disclaimer

Any calculation made by you using this Car Loan calculator is intended as a guide only. It is for illustrative purposes only and is based on the accuracy of the information provided. The calculator does not take establishment fees, stamp duty or other government charges into account. The calculation does not constitute an offer of finance from Westpac. Your borrowing power amount may be different when you complete a loan application and all the details relevant to our lending criteria are captured and verified.  The calculations should not be relied on for the purpose of making a decision whether to apply for a car loan.

1. Comparison rate information

The comparison rate is based on a secured Personal Loan of $30,000 borrowed for 5 years with the minimum interest rate of 7.49% p.a. (8.68% p.a. comparison rate), the estimated total amount payable including fees is $37,080. WARNING: This comparison rate applies only to the example or examples given and may not include all fees and charges. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Interest rate applicable to new loans approved on or after 9 July 2020.

For secured personal loans, any motor vehicle offered as security must not be more than 12 years old upon loan expiry. The vehicle used as security must be registered under the applicant's name. Initial rate indications quoted prior to full loan-to-valuation ratio being completed may change depending on the valuation of security offered.