Australia's Money Matchmaker® - Loan Matchmaking

Compare vehicle repair loan rates in 60 seconds

Using technology Money Matchmaker® matches you to the lowest rates you qualify for from a pool of top lenders. So you can find the one.

Best Match Guarantee
Australia's Money Matchmaker matching you with your best loans across multiple lenders
Money Matchmaker® is full of data, lender rules and a constantly improving algorithm, to help you find the lender and money that you're looking for.

Why use Money Matchmaker® to find your vehicle repair loan

Money Matchmaker is 100% free to use

Compare real loan rates that you qualify for with your answers matched to lender rules. No fees, ads, sponsored rates.

Money Matchmaker puts you in control of your loan choices

See all your options. Get the facts. Choose the loan that works best for you with 0 impact to your credit score.

Money Matchmaker saves you time looking for your loan

All the research, analysis and shopping around with lenders is compiled for you using our industry leading algorithm to accurately match you.

Australia's Money Matchmaker matching you with your best loans across multiple lenders
Money Matchmaker® is so sure they can find your best match, they offer a $200 money back guarantee.

How Money Matchmaker® works

Give Money Matchmaker® a try


Looking for a loan to repair your car and get it back on the road?

Written by

Shaun McGowan

Whether you’re looking to fully fund your repairs, or just need a little extra to get the job done, there are countless personal loan lenders in Australia who can offer you a fair deal.

But just like choosing the right car, finding the most suitable lender and loan for your situation can take a significant amount of time - here’s how you can find a loan for your vehicle repairs and get pre-approved today.

What is a vehicle repair loan?

Vehicle repair loans are personal loans between $2,000 and $100,000, which are usually offered for a period of between one and seven years.

These loans can be secured or unsecured. Depending on the value of any available assets (such as your car), you may be able to qualify for both - this is where comparing your options to make an informed decision will be crucial to saving money in the long run.

Estimating the cost of your car repairs will be crucial before applying, so be sure to speak to a trusted, independent mechanic who can provide a detailed quote.

What kind of car will get you the best loan with Money Matchmaker

Compare secured and unsecured personal loans for vehicle repair


Secured Personal Loans

Can apply for a loan up to $100,000. Lower repayments than unsecured loans.

Collateral can be repossessed by the lender and sold if you default on your loan.

Unsecured Personal Loans

No security required for loan approval. The freedom to use the money however you choose.

Higher rates and repayments than a secured loan. Lower borrowing capacity than a secured loan.

Find the best deal on vehicle repair loans


How to get a personal loan for vehicle repair

You can apply for a vehicle repair loan with:

You can apply for a vehicle repair loan over the phone, online, or in person.

Online lenders, such as specialist fintech lenders, offer faster approval on personal loans than traditional lenders, such as banks.

You can apply for a vehicle repair loan in Australia if you are:

  • Over the age of 18; and
  • An Australian citizen or permanent resident; and
  • Employed or have a regular source of income

If you meet the basic eligibility for a vehicle repair loan, you will then need to compare lenders and assess their individual approval criteria.

The three types of lenders in Australia

To get a vehicle repair loan you will need to

The most important factor when gaining approval is to demonstrate your ability to repay the full loan amount to your lender.

If you are self-employed, you’ll need to provide different documentation to lenders when applying for a vehicle repair loan. In general, you will need to provide tax returns in place of employee payslips.

If you need assistance with your application, you may wish to speak with a finance broker, otherwise it is always recommended that you speak with a financial consultant to ensure you are making an informed decision.

How to qualify for a loan in Australia
Australia's Money Matchmaker matching you with your best loans across multiple lenders
Personal loan interest rates are advertised by the lender at the best, cheapest rate available, while the actual interest rate you’ll get is determined by your risk profile.

Ready to find a loan for vehicle repairs?

The easiest way to find a vehicle repair loan from trusted Australian lenders is to simply use our Money Matchmaker™ engine.

We’ll compare the best personal loans for vehicle repair we can find from our available pool of lenders, personalised entirely based on a few simple questions, and you can see exactly how much you’ll pay with each lender.

This includes all the little details like fees and restrictions, so you can find the offer that suits you best, so you can get started on your repairs and get your car back on the road today.

The vehicle repair loan can save you $1,000s


About the Author

Shaun McGowan from



Shaun McGowan

Shaun is the founder of and is determined to help people pay as little as possible for financial products. Through education and building world class technology. Previously Shaun co-founded and Lend.

*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.