Car Loans

Ready to hit the road in your new car? Whether you’re buying for personal use or upgrading your business fleet, Stellar Finance Group makes securing the right car loan fast, flexible, and stress-free.

Who Doesnt Love That New Car Smell?!

Getting a car loan can be surprisingly straightforward. With clear information and the right documents in hand, you can quickly secure financing to drive away in your new car.

Buy as a Consumer

Buying a car? Streamline the process and reap the benefits of smart financing. Get competitive rates and flexible terms to fit your budget, and drive off faster

Buy Within Your Business

Purchasing a vehicle for your business? Leverage commercial financing to secure competitive rates and flexible terms, enhancing your operational efficiency without compromising cash flow.

Car loans

Gear Up With the Right Knowledge for Your New Wheels!

Thinking of buying a new ride? Understanding how car loans work and the options available to you is crucial to making a smart and affordable purchase
Getting car loans can be surprisingly straightforward
car lons
Car loans
which one is for you?
Secured Car Loans: By offering collateral—such as your car or property—you secure the loan, providing assurance to lenders. This security decreases their risk, allowing them to offer you lower interest rates compared to unsecured loans where no collateral is required.
 
Unsecured Car Loans: No collateral needed, but typically higher interest rates.

Lease Agreements: Renting the car with an option to buy at the end of the term.
car LOANS
We will help you decide on the right type for you

SECURED: By offering collateral such as your car or property you secure the loan, providing assurance to lenders. This security decreases their risk, allowing them to offer you lower interest rates compared to unsecured loans where no collateral is required.

UNSECURED: This loan doesn’t require additional security, like your car or property. Instead, approval depends on your credit score. Be aware that interest rates may be higher than those for secured loans, and the amount you can borrow might be less.

FIXED RATE: Your interest rate and repayments will stay the same during the fixed term of your car loan. 
To calculate your fixed-rate loan repayments, you can use our Loan Repayment Calculator.

car loans
Getting car loans

What About a Balloon

Opt for a balloon payment to pay a larger portion of the loan’s value at the end of your term. This sum is typically a predetermined percentage of the total loan amount.

WANT LOWER INITIAL REPAYMENTS?
This setup helps reduce your initial monthly payments, giving you more financial flexibility when you start repaying your loan.

CONSIDER…
Think about how this affects the total interest paid over the life of the loan and the final amount you owe. Remember, the remaining balloon payment will need to be settled in one full sum at the end of your term.

IS THIS RIGHT FOR YOU?
Let us guide you through whether a balloon payment fits your financial strategy. We’ll discuss the benefits and factors to consider in more detail. Get in touch to learn more about the right car loan for you.

How to Apply for a Car Loan

1. Speak to a Car Loan Specialist

Start with a free consultation to discuss your vehicle goals, whether you’re after a secured or unsecured car loan, a fixed rate, or a business car loan. We’ll assess your financial situation and guide you toward the right solution.

2. Choose the Right Loan Type

We help you compare tailored loan options across a wide panel of lenders, including personal use, commercial vehicle finance, lease agreements, and balloon payment structures. Our brokers break down the features, rates, and loan terms so you can make an informed decision.

3. Submit Supporting Documents

To fast-track your loan application, you’ll need to provide key documentation such as:

  • Proof of ID and income
  • Business financials (for commercial loans)
  • Vehicle details or quotes
  • Credit history (for unsecured loans)

We make sure your application meets each lender’s criteria and stands out.

4. Loan Approval and Settlement

Once approved, you’ll receive your loan amount, the funds will be released to the seller or dealership, and you can drive away in your new car. We’ll also explain any fees, such as settlement fees, and help set up your loan account.

Who We Are

FOUNDED BY

DR. LISA BRIDGETT

IN MARCH 2017
Lisa Bridgett offering Trusted Mortgage Broker NSW

At Stellar Finance Group, we specialise in providing tailored car loan solutions for individuals, professionals, and business owners across Australia. Whether you’re buying your first vehicle, upgrading your car, or financing a commercial fleet, our expert team is here to make the process simple, transparent, and rewarding.

Led by PhD-qualified mortgage and finance expert Dr. Lisa Bridgett, we understand that every client’s financial needs and goals are unique. That’s why we take a personalised approach to help you access the right car loan, be it secured, unsecured, fixed rate, or a balloon payment option.

We work with a wide network of trusted lenders and understand their lending criteria, interest rates, and policy differences, so you don’t have to. Our goal is to find you the most competitive car finance options while saving you time, stress, and money.

Whether you’re self-employed, buying within your business, or simply want the best deal for your next car, Stellar Finance Group is your trusted car finance partner.

How Car Loans Work

Your Trusted Partner in Property and Finance

A car loan allows you to borrow money to purchase a vehicle, which you repay over time through scheduled monthly repayments. Depending on the type of car loan you choose, the loan may be secured against the car or unsecured, with different rates and conditions.

1. Choose Your Loan Type

There are two main types of car loans:

  • Secured Car Loan – The lender uses the car as security. This usually results in a lower interest rate and is ideal for newer vehicles.

  • Unsecured Car Loan – No collateral required, but typically comes with a higher rate. Great for used cars or buyers with strong credit scores.

2. Apply and Get Approved

After selecting your preferred loan type, you’ll submit a loan application including proof of income, credit history, and vehicle details. The lender assesses your financial situation, credit score, and loan amount requested to determine your eligibility.

3. Receive Funds and Purchase the Car

Once your car loan is approved, funds are paid directly to the dealership or seller. You can now drive away in your new vehicle.

4. Make Regular Repayments

You repay the loan in fixed or variable monthly payments over the agreed loan term (typically 1 to 7 years). If you chose a fixed rate loan, your repayments stay the same throughout.

5. Final Payment or Balloon Option

If you’ve selected a balloon payment structure, you’ll make lower repayments during the loan term and a larger lump sum at the end.

Frequently Asked Questions

What types of car loans are available, and how do I choose the right one?

There are several car loan options to suit different financial needs:

  • Secured Car Loan: The most common option, where the car itself is used as collateral. Because it lowers the lender’s risk, you’ll usually get better interest rates and access to higher borrowing limits. This is ideal for new or near-new vehicles.
  • Unsecured Car Loan: No asset is used as security. This may be suitable for older cars or buyers with strong credit scores, but interest rates are generally higher and loan amounts may be more limited.
  • Fixed Rate Car Loan: Your repayments stay the same throughout the loan term, making it easier to budget and avoid rate increases.
  • Commercial Car Loans: Designed for business vehicle purchases, including chattel mortgages, finance leases, and novated leases. These may offer tax benefits depending on your business structure.

We’ll assess your goals, employment type, and financial situation to help you choose the most cost-effective and flexible car loan structure.

The car loan process typically involves the following steps:

  1. Consultation – You speak with a car loan specialist to clarify your goals, whether for a personal or business vehicle.
  2. Loan comparison – We compare loan options from multiple lenders to find the best match in terms of rate, features, and eligibility.
  3. Application – You’ll submit a loan application with documents such as ID, income proof, and vehicle details (or a quote).
  4. Assessment – The lender reviews your credit score, financial history, and whether the vehicle qualifies (especially for secured loans).
  5. Approval and settlement – Once approved, the lender pays the seller or dealership, and you begin making monthly repayments.

We handle all the paperwork and lender communication to make the process smooth and stress-free.

A balloon payment is a lump sum you agree to pay at the end of your car loan term, typically used to reduce monthly repayments during the loan. It’s often a set percentage of the total loan amount (e.g., 30%).

Benefits:

  • Lower initial repayments, increasing cash flow flexibility.
  • Suitable for those expecting future lump sum income (e.g., bonuses or asset sales).
  • Popular in business vehicle purchases or when upgrading regularly.

Considerations:

  • You must pay off or refinance the balloon in full at the end of the term.
  • It may increase the total interest paid over time.
  • Not ideal if you plan to keep the car long-term without further financing.

Our lending specialists can help you determine if this structure aligns with your long-term financial strategy.

Yes, you can finance both new and used cars, including purchases from dealerships and private sellers. However, the age and condition of the vehicle may affect your eligibility and the loan type available:

  • Secured car loans typically apply to newer vehicles (usually under 7 years old).
  • Older vehicles may only be eligible for unsecured loans, with slightly higher rates.
  • For private sales, lenders may require a vehicle inspection or additional documentation.

We’ll guide you through lender policies and help structure the loan to suit the vehicle and your budget.

While car loans provide flexible finance, it’s important to understand the associated costs:

  • Interest rate: The largest cost. Rates vary based on your credit score, loan type, term, and whether the loan is secured.
  • Establishment/application fee: One-off fee to set up the loan.
  • Monthly service fees: Some lenders charge ongoing fees.
  • Early repayment fees: Some loans may penalise paying off the loan early (especially fixed-rate loans).
  • Balloon payment (if applicable): A large payment due at the end of your loan.
  • Settlement fees: Charged upon loan finalisation, usually minimal.

We provide full disclosure of all fees and help you compare the true cost of different car loan options so you can make an informed decision.

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Refinance Your Home Loan with Confidence

Lisa Bridgett offering Trusted Mortgage Broker in New South Wales

Contact Stellar Finance Group today, your trusted partner for tailored, expert mortgage advice. Whether you’re lowering your interest rate, accessing equity, or consolidating debt, we’re here to help you every step of the way.