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Finance for your Mitsubishi, made simple

Looking to finance a Mitsubishi?

  • Get a great deal, with access to 20+ leading lenders

  • Expert guidance from start to finish from a trusted partner broker

Money.com.au's Senior Finance Writer, Jared Mullane
Sean Callery Editor Money.com.au
Car loan guide created by our team of experts. Updated 12 Oct 2026.
Mitsubishi finance eligibility

Financing a Mitsubishi in Australia

Mitsubishi is one of Australia’s most popular car brands, with more than 61,000 new vehicles in 2025, according to the Federal Chamber of Automotive Industries (FCAI).

This puts Mitsubishi behind only Toyota, Ford, Mazda, Kia and Hyundai in terms of popularity based on new car sales.

If you’re looking to buy a Mitsubishi with finance, there are a few ways you could go about it. The option you choose – particularly depending on what the car loan interest rate is – can make a big difference to your regular costs and how much you pay overall.

Mitsubishi finance options at a glance

  • Finance for a Mitsubishi Outlander, Triton, Pajero Sport, ASX and more
  • Secured and unsecured car loans
  • Mitsubishi business finance options
  • Mitsubishi novated lease
  • Borrow up to $150,000
  • Fixed or variable interest rate
  • Finance terms from 1 - 7 years
  • Flexible repayment options
  • Pre-approval available

Mitsubishi finance rates compared

Compare car loan interest rates for a range of Mitsubishi models to see your estimated monthly repayments.

Mitsubishi model

ASX (GS 2WD)

Estimated cost

$24,490

Monthly repayments at 6% p.a.

$473

Monthly repayments at 8% p.a.

$497

Monthly repayments at 10% p.a.

$520

Mitsubishi model

Eclipse Cross (ES 2WD)

Estimated cost

$31,990

Monthly repayments at 6% p.a.

$618

Monthly repayments at 8% p.a.

$649

Monthly repayments at 10% p.a.

$680

Mitsubishi model

Triton (GLX 4WD)

Estimated cost

$41,440

Monthly repayments at 6% p.a.

$801

Monthly repayments at 8% p.a.

$840

Monthly repayments at 10% p.a.

$880

Mitsubishi model

Outlander (Aspire 7 Seat AWD)

Estimated cost

$47,340

Monthly repayments at 6% p.a.

$915

Monthly repayments at 8% p.a.

$960

Monthly repayments at 10% p.a.

$1,006

Mitsubishi model

Pajero Sport (GLX 4WD)

Estimated cost

$51,540

Monthly repayments at 6% p.a.

$996

Monthly repayments at 8% p.a.

$1,045

Monthly repayments at 10% p.a.

$1,095

Mitsubishi modelEstimated costMonthly repayments at 6% p.a.Monthly repayments at 8% p.a.Monthly repayments at 10% p.a.

ASX (GS 2WD)

$24,490

$473

$497

$520

Eclipse Cross (ES 2WD)

$31,990

$618

$649

$680

Triton (GLX 4WD)

$41,440

$801

$840

$880

Outlander (Aspire 7 Seat AWD)

$47,340

$915

$960

$1,006

Pajero Sport (GLX 4WD)

$51,540

$996

$1,045

$1,095

Mitsubishi car loan repayment examples are calculated using monthly repayments with a fixed interest rate, a 5-year term, and estimated vehicle costs as at December 2025. Estimated repayments do not include any fees the lender may charge.

We conducted a nationally representative survey of more than 1,000 Australian drivers in January 2026 to find out if they’d buy their current car again (either the same make or model).

Nearly two-thirds (65.4%) said yes, they love their current car. Among these satisfied drivers, Mitsubishi was the fifth most popular brand, with 5.9% driving one. That’s slightly lower than Mitsubishi’s year-to-date market share of 5.1% for new car sales as of November 2025, according to the FCAI.

Types of Mitsubishi finance options available

  1. Secured loan

    A popular option for financing is a secured car loan, where your Mitsubishi serves as collateral for the loan, reducing the lender's risk. However, if you miss payments or default, the lender has the right to reclaim and sell the vehicle to recover the outstanding debt. Loan terms typically range from 1 to 7 years, with the flexibility to choose between fixed or variable interest rates.

  2. Unsecured loan

    An unsecured personal loan is similar to a car loan, but without requiring your Mitsubishi as security. Since there’s no asset securing the loan, lenders typically charge higher interest rates to offset the increased risk. Otherwise, unsecured car loans function much like secured car loans.

  3. Novated lease

    A novated lease through your employer is another financing option for your Mitsubishi. You can still use the vehicle for personal purposes without restrictions, but enjoy several tax benefits that make it an attractive alternative to a car loan. You can pay for the vehicle and its running costs using your pre-tax salary, resulting in significant tax savings. Additionally, you'll receive a GST discount on the cost of the Mitsubishi and its running expenses.

  4. Finance lease

    If you'd prefer the flexibility of not owning your Mitsubishi right away, a finance lease could be a great option for eligible business customers. With this arrangement, you make regular payments to the lender, who purchases the vehicle on your behalf and retains ownership during the lease term. At the end of the lease, you'll have the option to either take out a new lease or buy the Mitsubishi outright.

  5. Chattel mortgage

    If you’ll be using your Mitsubishi for business purposes most of the time (i.e. more than 50% of the time), you may be eligible for a type of business vehicle finance known as a chattel mortgage. This works similarly to a secured car loan but offers additional tax benefits for businesses.

  6. Mitsubishi green loan

    If you’re buying one of Mitsubishi’s plug-in hybrid electric vehicles (PHEVs), you may be eligible for a discounted rate through a ‘green car loan’. This is a type of finance offered by some lenders specifically for environmentally-friendly vehicles and other green purchases.

Mitsubishi dealer finance

Mitsubishi offers a secured car loan with terms ranging from one to seven years. The interest rate is fixed and based on the applicant’s risk profile. Borrowers may incur loan establishment fees as well as dealer facilitation fees. A balloon payment option is available for Mitsubishi’s car loan.

In addition to car loans, Mitsubishi provides businesses with chattel mortgages, finance leases, novated leasing and business lines of credit.

If you're considering dealer finance for your Mitsubishi, keep in mind that while it’s often promoted for its convenience, it may not always offer the best deal.

How to get the best Mitsubishi finance deal

To get the best deal on your Mitsubishi car finance, follow these steps:

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Shop around for your best interest rate

Compare finance options from banks, credit unions, specialist lenders and Mitsubishi’s dealer finance. It’s worth noting that some dealer finance offers come with an introductory rate that reverts to a higher rate after a period of time. Regardless of how you finance your Mitsubishi, look for a low rate throughout the entire term.

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Check the finance term

Choose a finance term that fits your budget, but keep in mind that a longer term will result in higher overall interest payments. For instance, if you finance a Mitsubishi Outlander (Aspire 7 Seat AWD) priced at $47,340 with an 8% interest rate, you'll pay an additional $4,387 in interest over a 7-year term compared to a 5-year term.

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Review the fees

Some lenders charge application and ongoing fees, which can quickly add up. Other fees to watch out for include late payment fees or charges for paying off your loan or dealer finance early. Regardless of how you finance your Mitsubishi, it's likely there will be fees, so ensure they are low and don't outweigh the benefits of a competitive interest rate.

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Consider loan flexibility

The ability to make extra repayments without fees gives you the flexibility to pay off your loan early and reduce interest. Also, check if you can choose weekly, fortnightly or monthly repayments to suit your financial situation. If your Mitsubishi finance includes a balloon payment, you'll have smaller repayments during the term, but a lump sum due at the end. Be sure to understand the total cost before committing.

Eligibility criteria for Mitsubishi finance

Eligibility for a Mitsubishi car loan will vary depending which lender you choose to apply with. But these are the basic requirements with a lot of lenders:

  • You must be at least 18 years of age
  • You must be an Australian citizen or permanent resident
  • You must have a regular source of income
  • You meet the lender’s other credit criteria (e.g. they will check your credit score)

How to apply for Mitsubishi finance

Mitsubishi Triton

Here’s a quick overview of the process for applying for Mitsubishi finance:

  • Compare your personalised quotes from a range of lenders
  • Choose your best deal or use a car loan broker if you need assistance
  • Make an application with the lender
  • Provide documents to support your application
  • The lender will assess your information

If you’re approved, you’ll be given either car loan pre-approval up to a certain amount (meaning you can go shopping for a Mitsubishi with a pre-approved budget), or final approval if you have already decided on the model you want to buy.

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Ready to get a great deal on your Mitsubishi finance?

There's no obligation and checking rates and offers with a partner broker won't impact your credit score.

FAQs about Mitsubishi finance

The interest rate you get on your Mitsubishi finance will be tailored to you based on the information in your application and the specific car you buy.

Some of the factors that impact car finance rates include:

  • The age of the car
  • Whether the loan is secured or not
  • Your credit score
  • Your financial position (e.g. your income, expenses, debts and the assets you own)

Yes, Mitsubishi offers a range of finance options to both personal and business customers. According to Mitsubishi, you can speak to one of their experts to see which finance option suits you.

This will depend on the type of Mitsubishi finance you apply for and which lender you go with. If it’s a straightforward application and you have all your supporting documents ready to go, it can be possible to have finance for your Mitsubishi approved with some lenders the same day. For more complex applications, the process will take longer.

If you’re buying a used Mitsubishi, your finance options may be slightly different. For example, some of the lowest car loan rates are reserved for brand new cars. Used car loan rates tend to be higher and the older the Mitsubishi you’re buying, the higher your rate is likely to be.

But even a used Mitsubishi may be eligible for a secured car loan with certain lenders, as long as it’s not more than 12 years old at the end of the finance term.

Jared Mullane is a finance writer with more than a decade of experience at some of Australia’s biggest finance and consumer brands. His areas of expertise include energy, home loans, personal finance and insurance. Jared is qualified with a Certificate IV in Finance and Mortgage Broking (FNS40821).
Sean Callery is the Editor of Money.com.au. He has over 15 years of international experience. He is qualified with a Certificate IV in Finance and Mortgage Broking (FNS40821) and is compliant to provide general advice in Tier 1 General Insurance (RG 146) products.

Important Disclosures

^Comparison rate warning

Comparison rate is based on a secured personal loan of $30,000 repaid over 60 months. Terms, conditions and credit criteria apply. Fees and charges for late or defaulted payments may apply. WARNING: The comparison rates shown are true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Check with the provider for full loan details, including rates, fees, eligibility and terms and conditions to make sure the product is right for you.

If you would like help finding the right car loan, we will connect you with a Money.com.au partner broker using the information you provide us. This won't affect your credit score. Please note that some lenders displayed in Money.com.au's car loan comparison tables or featured in our Editorial content are not currently available through Money.com.au partner brokers and we can't guarantee rates from a specific lender. Money.com.au may earn a referral commission from the partner broker we connect you with.

General information only The information on this page is general in nature and has been prepared without considering your objectives, financial situation or needs. You should consider whether the information provided and the nature of any car loan product is suitable for you and seek independent financial advice if necessary.

We are not providing you with a recommendation or suggestion about a particular car loan. You should read the relevant disclosure statements or other offer documents before deciding whether to apply for or continue to use a particular product.

What products, features and information are shown While we make every effort to ensure all car loans available in Australia are shown in our comparison tables, we do not guarantee that all products are included. Our product comparisons may not compare all car loan features and attributes relevant to you.

Product information, such as interest rates, fees and charges, is subject to change without notice.

How car loans are sorted and filtered by default Car loans in our rates comparison tables are sorted by:

  • Lowest loan interest rate, then;
  • Provider name (A-Z)

Sponsored products are shown first (sorted in the same way). We may earn a commission if you visit a lender's website via a sponsored link on this page.