Low Rate Vehicle Finance
Benefits of Refinancing Your Car Loan
Lower Interest Rate
If rates have dropped or your credit profile has improved since you first bought your caravan, refinancing could unlock a lower annual percentage rate (APR). That means less interest paid over the life of the loan.
Reduce Monthly Repayments
Extending your loan term—or securing a better rate—can lower your monthly repayments, freeing up cash for travel, upgrades, or everyday expenses.
Shorten Your Loan Term
Want to own your car sooner? Refinancing a car loan to a shorter term (while keeping a similar repayment) can save on total interest and get you debt‑free faster.
Consolidate Debts
Bundle your car loan with other debts (like credit cards or personal loans) into one payment—often at a lower rate.
Car Loan Calculator
Use our built-in loan calculator to estimate your repayments. Just enter:
Car purchase price
Preferred loan term (7 Years Maximum)Â Â
Estimated interest rate
You’ll instantly see:
Weekly, fortnightly, and monthly repayments
Total interest paid over the loan term
Total Amount Repayable ( This does not consider if you re pay out the loan early)Â
Frequently Asked Questions
What does car refinance mean?
Refinancing replaces your current car loan with a new one — often with a lower interest rate, different term, or better features — to save money or improve flexibility.
Can refinancing lower my monthly repayments?
Yes. By securing a lower rate or extending your loan term, you can reduce monthly repayments and free up cash flow.
Can I refinance if I still owe a lot on my car?
Yes. As long as your car’s value and your financial profile meet lender criteria, you can refinance even with a high remaining balance.
Will refinancing save me money overall?
It can. A lower rate or shorter term can reduce total interest paid. We’ll calculate your potential savings before you commit.
Can I switch from a fixed to a variable rate?
Yes. Refinancing lets you change loan types, giving you more flexibility if your needs or market conditions change.
Are there fees for refinancing?
Some lenders charge application, settlement, or early payout fees. We’ll outline all costs upfront so there are no surprises.
How long does the refinance process take?
Most car loan refinances are approved within 24–48 hours once documents are provided.
Can I refinance to access equity for upgrades??
Yes. If your car’s value is higher than your loan balance, you may be able to release equity for accessories, modifications, or travel plans.
