Car loan brokers in Australia

  • A car loan broker can help you find and apply for car loans through multiple lenders
  • Free, no obligation call from a trusted car loan broker
  • Check your best car loan offers now
Do you need a loan broker to get a loan? Find out if they are right for you with Money Matchmaker
Do you need a loan broker to get a loan? Find out if they are right for you with Money Matchmaker

Why use Money Matchmaker® to find your car loan

Australian Lenders

Get personalised rates

No ads. No generic rate tables. We’ll show you real car loan offers tailored to you.

Consolidating debt

Save money

It’s free to get matched with the best car loan deals from multiple lenders. We’ll always show your car loan matches with the lowest repayments first.

Credit Score

No time wasting

We've spent years getting to know lenders and their policies. We won't waste your time connecting you with lenders you're not compatible with.

Australian Customer Support

You’re in control

There’s no obligation. Just options and facts to help you make the right decision. If you need extra support, our team of car loan experts is here to help.

Hear from people who found the right loan           

Waving Robot

How we help you find the best Car Loan

  1. Let us know who you are and what you're looking for. A little bit of information goes a long way in helping us find the right loans for you.

  2. Money Matchmaker® securely analyses your data against each lender. It finds the best loan offers that match your profile.

  3. Based on your situation, you'll either see a range of qualified car loan offers, or an expert human Matchmaker will help you find your match.


Shopping around for the right loan can save you thousands of dollars in interest and fees.

In our car loan broker guide:













What is a car loan broker?

A car loan broker is someone who acts as the middleman between lenders and borrowers looking for car finance.

In a nutshell, it’s their job to help people get the best finance to buy a car.

But the actual role of a broker is complex.

They use their expertise to find the best car loan for your individual circumstances.

This means they need to understand your finances and other needs.

They also need to be across lenders’ rules and products in a lot of detail.

When you’ve decided on a loan, the broker will also help you with your application.

Pros of using a loan broker

7 pros and cons of using a car loan broker

For people who need it, car finance brokers provide a useful service.

But there can be possible downsides to watch out for.

So here are some of the pros and cons to consider when deciding whether to use a car loan broker.

Pros of using a car finance broker

  • Offer a personal service: A car loan broker can be helpful if you don’t know where to begin. They will spend time getting to know you and your specific needs.
  • Can help with complex applications: Brokers are arguably most useful to non-standard car loan applicants. This could include people who need a bad credit or low doc car loan where factors like your car loan LVR can become important.
  • They are regulated: Car finance brokers are regulated by the National Consumer Credit Protection Act 2009. It means there are strict rules for how they do business and offer services to borrowers. Legally they must find you the best deal they can.
  • Will help complete your application: Car finance brokers will help you find a loan and help you complete your application. This can save you time and make it more likely that you’ll be approved. This could mean less chance of your credit score being negatively impacted.
  • Familiar with a range of options: Brokers can help with standard car loans and those with features like balloon payments.
  • Will recommend products: A broker will make a shortlist of suitable car loan products and will help you decide on the best one for you.
  • A convenient process: A broker can do a lot of the work involved in finding car finance. They deal in car finance all the time so can navigate processes efficiently. They could even help you down the track if you choose to refinance your car loan.

Cons of using a car finance broker

  • They can charge fees: In some cases, brokers charge fees for their services. This adds to the overall cost of your car finance. Others don’t charge fees and instead earn commission from lenders.
  • May be influenced by commission: There's a chance that a broker’s car loan recommendations may be influenced by which lender pays them the best commission.
  • Limited selection of lenders: Brokers typically only work with a small selection of the lenders in the market. This means you may not be presented with the best deals available to you.
  • Not ideal for a fast car sale: Broker need time to get to know your situation. If you need finance fast, a broker may slow things down compared to doing an online search to connect with a lender.
  • It’s yet another person/step to deal with: When you buy a car you’ll need to deal with a dealers or private car seller and several service providers. Working with a broker just adds another step.
  • Not always a transparent process: It’s not unheard of for brokers to actually be owned by a lender, whose products they may recommend. This isn’t always clearly disclosed.
  • Hard to find good brokers: Realistically, in the time it could take you to find a broker you’re happy with, you could have compared and applied for a loan by yourself.
Where to get a car loan with Money Matchmaker

Do you actually need to use a car loan broker?

If you have a good credit score and are employed, you should be able to avoid the costs of a broker and find a good deal by yourself.

Online loan application forms are pretty streamlined these days.

You can often apply for car loan pre-approval too which can make the process even easier.

This can be as simple as answering a few questions. Then uploading some documents to show that you're eligible, and providing information about the vehicle you’re buying (if it’s a secured car loan).

There are also easy-to-use online tools, like car loan calculators, that can help you work out your car finance costs by yourself.

Is a car finance broker right for you?

Working with a broker can be an excellent way to get a good deal on a car loan with minimum risk or work on your part.

Things to ask a broker:

  • How many lenders do they work with?
  • What commission and fees do they charge?
  • How is the interest rate on the car loan assessed?
  • What fees are included in the loan?
  • What other types of finance are available?

With a little research online you can often find reviews of brokers from previous clients, and refine your search for a decent broker before you waste any time.


Where can you find a car loan broker in Australia?

Car loan brokers are located throughout Australia.

Particularly in the major cities including, Melbourne, Sydney, Perth, Adelaide, Canberra, Brisbane, Darwin and Hobart.

A simple online search should help you locate one near to you.

Or at least an online broker who helps borrowers regardless of their location in Australia.

Shopping around for the right loan can save you thousands of dollars in interest and fees.

Get matched with these top Australian lenders

Car Loans guides and resources

Where to next? Read our other car loan guides to understand more about your options for financing your next car.

Written by

Shaun McGowan founder

Loans Expert

Shaun McGowan

Reviewed by

Sean Callery Editor


Sean Callery


*Information about comparison rates Comparison rates are designed to allow borrowers to understand the true cost of a loan by taking into account fees and charges, the loan amount and the term of the loan. The comparison rate is based on an unsecured fixed rate personal loan of $30,000 over 5 years. WARNING: Comparison rates are true only for the examples provided and may not include all fees and charges. Different terms, fees or loan amounts might result in a different comparison rate.


Level 3, 201 Miller St,
North Sydney, NSW, 2060, Australia

Suite 3, Level 2, 1 Taylor Street,
Moorabbin, VIC, 3189 Australia


Money Pty Ltd trading as Money
ABN: 42 626 094 773
ACL: 528698
AFCA: 83955

© Copyright 2023 Money Pty Ltd.


Money Pty Ltd (trading as Money) Australian Credit Licence 528698 provides information about credit products and is authorised to do so as the holder of Australian Credit Licence 528698. Money does not compare every Lender all products or issuers available in Australia. We are not a broker or credit provider and when we provide information via this website, we are not providing you with a recommendation or suggestion about a particular credit product.