When it's time for some new wheels
That new car is closer than ever before with a competitive and flexible MyLife MyFinance car loan. Our fast approval process puts you in the driving seat. Paying it off sooner is no problem; make additional payments without penalties or break fees.

Car loan calculator
Before you buy that new car, see how much your repayments will be by trying our car loan calculator.
Benefits you’ll love
Variable and comparison rate
Member rate
Rate type | Principal and interest |
Cars up to 4 years old & borrowing $10,000 or more | |
Variable rate | 6.74% p.a.* |
Comparison rate | 6.74% p.a.* |
Cars 5-7 years old & borrowing $10,000 or more | |
Variable rate | 7.74% p.a. |
Comparison rate | 7.74% p.a. |
Application fee waived | |
Fee free additional repayments | |
Minimum loan amount | $10,000 |
Maximum loan amount | $100,000 |
General rate
Rate type | Principal and interest |
Cars up to 4 years old & borrowing $10,000 or more | |
Variable rate | 7.24% p.a. |
Comparison rate | 7.43% p.a. |
Cars 5-7 years old & borrowing $10,000 or more | |
Variable rate | 8.24% p.a. |
Comparison rate | 8.43% p.a. |
Application fee waived | |
Fee free additional repayments | |
Minimum loan amount | $10,000 |
Maximum loan amount | $100,000 |
Our member rates are available to members of MyLife MySuper or Catholic Super superannuation funds.
Need information? Call us on 03 9629 4484
General information
We’ll waive your:
- application fee, and
- personal property security registration fee.
For a full list of fees and charges, please view our Schedule of Fees and Charges.
Online applications take less than 20 minutes to complete.
Provided we’ve been able to verify your identify online and you meet our lending criteria, we’ll be able to issue a conditional approval instantly.
To apply for a loan, you need to:
- be 18 years or older
- an Australian citizen or permanent resident, and
- currently employed.
Comparison rate calculated on $30,000 loan over 5 years. Care should be taken in using this comparison rate. The comparison rate is accurate only for the example given as other factors including government fees and charges, redraw fees or fees for early repayment, may influence the final cost of the loan.