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.
We're proud to provide you with real value
Great rates for our members
6.99
Member rate
| Rate type | Principal and interest |
| Cars up to 4 years old & borrowing $10,000 or more | |
| Variable rate | 6.99% p.a.* |
| Comparison rate | 6.99% p.a.* |
| Cars 5-7 years old & borrowing $10,000 or more | |
| Variable rate | 7.99% p.a.* |
| Comparison rate | 7.99% 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 | 7.49% p.a. |
| Comparison rate | 7.69% p.a.* |
| Cars 5-7 years old & borrowing $10,000 or more | |
| Variable rate | 8.49% p.a. |
| Comparison rate | 8.69% p.a* |
| Application fee waived | |
| Fee free additional repayments | |
| Minimum loan amount | $10,000 |
| Maximum loan amount | $100,000 |
Our special rates are available to customers of MyLife MyFinance who
are members of MyLife MySuper or Catholic Super superannuation funds.
Need information? Call us on 03 9629 4484
General information
Car loan application fees:
Car loan - application fee: Waived
Other lending fees:
Personal property security registration: Waived
Car loan application fees:
Car loan - application fee: $125.00
Other lending fees:
Personal property security registration: At cost
Applications generally take 30-60 minutes.
Once an application with all supporting documents has been received by MyLife MyFinance, a pre-approval decision will generally be provided within two business days.
All loan rates are variable unless noted otherwise.
No penalty for additional loan repayments or early pay-out on variable rate loans.
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.
Interest rates as at 20 July 2018. All interest rates are variable unless noted otherwise.
In deciding whether this product meets your needs, we recommend that you read this page in conjunction with our Product Disclosure Statement, Supplementary Product Disclosure Statement (Interest Rates), Supplementary Product Disclosure Statement (Schedule of Fees and Charges), and our General Terms and Conditions. A copy of these documents are available on our website. You can also obtain a copy of these by contacting our office on 03 9629 4484.
MyLife MyFinance Limited Trading as MyLife MyFinance. ABN 54 087 651 750. AFSL/Australian Credit Licence Number 245606