based on 28499 ANZ product reviews as rated by Mozo community

ANZ car loans

Whether you bank with ANZ already or simply want a household name to help make those car dreams a reality, you’ve hit the right page. You can use these ANZ personal loans to help you reach the finish line in purchasing your ideal car. Read the frequently asked questions about these kinds of loans below for more details.

ANZ offers the following car loans

Rates and fees verified as correct at 22 April 2024. Other information correct at the time of writing. Advertiser disclosure.
Product Interest rate from Comparison rate from Upfront fee
Unsecured Personal Loan (Fixed)

7.49% p.a.to 19.99% p.a.

8.18% p.a.to 20.58% p.a.based on $30,000
over 5 years

$0.00

Unsecured Personal Loan (Variable)

7.49% p.a.to 19.99% p.a.

8.18% p.a.to 20.58% p.a.based on $30,000
over 5 years

$0.00

ANZ car loan FAQs

Does ANZ offer secured car loans?

No, ANZ does not currently offer secured car loans. However, customers can still take out an unsecured personal loan with ANZ to help them purchase a car. This kind of loan can be set at a fixed or variable interest rate. If you're looking for secured car loan options to help you purchase a new set of wheels then check out Mozo's secured car loan comparison table.

What's the difference between a fixed rate and variable rate car loan?

With an ANZ fixed personal loan, the interest rate will be set at an agreed rate and will stay at this rate until the end of the term that you’ve set the fixed loan at. With a variable rate, however, your interest rate can change throughout your loan term. There are pros and cons to each loan type. Find out which option might suit your car-buying needs better at Mozo’s fixed and variable personal loan hubs.

How much can my car cost to take advantage of this loan?

ANZ’s minimum loan amount sits at $5,000 and goes right up to the $50,000 mark giving you plenty of room to move.

What would loan repayments through ANZ look like?

Say you splashed out $30,000 on a zippy new ride, with financing from an ANZ unsecured loan on a 5-year term. Based on the comparison interest rate at the time of writing, your weekly repayments would be $161.25. Try a personalised calculation of your own using our car loan repayments calculator.

How frequently can I make ANZ loan repayments?

It’s up to you! ANZ arranges for loan repayments to fall on weekly, fortnightly or monthly dates. Having this flexibility means you can pick the week your salary goes in to make repayments even easier.

What do ANZ loan terms look like?

They vary from 1-7 years. Work out how much you can comfortably pay back in each payment period, as this will help you determine the term that will work for you.

Can I make extra loan repayments?

Yes, with ANZ’s variable and fixed personal loans you are able to make additional repayments and pay off your car sooner. However,  things get a little more complicated with the fixed rate option. You are free to make extra repayments of up to 5% of the loan value (or $5,000, whichever is less) without being charged a fee. If you pay out the full fixed rate loan earlier than the agreed-upon time,  you will have to pay a $300 early payment administration fee and you may also be required to pay early repayment costs.

Does ANZ have a redraw facility?

While the fixed rate loan doesn't offer redraws, ANZ’s variable rate personal loan does have a redraw facility so you can dip into extra repayments free of charge. But remember, the interest rate is higher on this more flexible loan option.

What happens if I make a late repayment?

Like most lenders, ANZ may penalise you with a late fee. If you can’t meet your repayment obligations, the worst-case scenario would be that you default on the loan. Being on time instead will protect your credit record in the lead up to bigger loan applications, like when you get set up to buy your first home.

I’m in! How do I apply?

Simply scroll up to where you first started reading this page and click a blue “go to site” icon beside the loan name. Otherwise, visit ANZ online directly, at a branch or dial its customer service line.

For a speedy application process, ensure you supply the following:

  • Proof of ID such as your driver’s licence and/or passport number

  • Details of residency within Australia

  • A list of your assets and liabilities

  • Salary figures and employment details

Once you’ve applied, expect to hear back from ANZ shortly on the outcome. Best of luck and enjoy your new or used ride!

How are ANZ car loans rated?

Mozo users have rated ANZ car loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.

Icon of car-loans
ANZ car loans
Overall
Price
Features
Customer service
Convenience
Trust

244 Reviews

Recent ANZ car loan reviews

ANZ Unsecured Personal Loan
Overall 7/10
The bank is very useful and helpful.

The bank is very useful and helpful.

Read full review

The bank is very useful and helpful.

Price
8/10
Features
8/10
Customer service
8/10
Convenience
8/10
Trust
8/10
Less
Leah, Victoria, reviewed about 1 month ago
ANZ Unsecured Personal Loan
Overall 10/10
I wish everything smooth to every customers

I think every bank are really really good but this one here I mean my ANZ bank sometimes it's not really really good. A few times are so good but most of the time is not good as I expect. I really really want to change bank. In my point of view. Lots of things that the ANZ bank can't see. I can see very clear that things happen to my account. For example heaps of hackers come to my bank and steal money. Things that I want to explain is how come the hackers come to my access and pay something online in my account. I really really don't get it. Anyway that why I really really don't like my bank I mean my ANZ bank. They should see their customers need. I really really don't know. They don't care or they don't want help us or they really really don't know our problems until we come to the bank and face to face and once we come up to asked if they can't help us. They don't help us at that time. They asked me to make an appointment.for example I come in the morning to asked for help. I mean my bank or money is hacking. I really really need someone to help me straight away. Even my real bank ANZ. They asked me to make an appointment. The rules because I just come up and lots of people make an appointment that day. I understand and I try to calm down myself. That why I don't need their service very poor service. If not maybe I'm the one need a super fast help. I don't need making appointment.wven my bank . I better stop here. I hope U get a lesson to your bank from my side. I will stop here.

Read full review

I think every bank are really really good but this one here I mean my ANZ bank sometimes it's not really really good. A few times are so good but most of the time is not good as I expect. I really really want to change bank. In my point of view. Lots of things that the ANZ bank can't see. I can see very clear that things happen to my account. For example heaps of hackers come to my bank and steal money. Things that I want to explain is how come the hackers come to my access and pay something online in my account. I really really don't get it. Anyway that why I really really don't like my bank I mean my ANZ bank. They should see their customers need. I really really don't know. They don't care or they don't want help us or they really really don't know our problems until we come to the bank and face to face and once we come up to asked if they can't help us. They don't help us at that time. They asked me to make an appointment.for example I come in the morning to asked for help. I mean my bank or money is hacking. I really really need someone to help me straight away. Even my real bank ANZ. They asked me to make an appointment. The rules because I just come up and lots of people make an appointment that day. I understand and I try to calm down myself. That why I don't need their service very poor service. If not maybe I'm the one need a super fast help. I don't need making appointment.wven my bank . I better stop here. I hope U get a lesson to your bank from my side. I will stop here.

Price
6/10
Features
5/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Tiotinia, New South Wales, reviewed 11 months ago
ANZ Car Loan
Overall 10/10
I would love to join this Mozo. I think is amazing

In my opinion that bank is new for me and I think all the same with other bank. Ao I will go with that bank and I hope it ten times better than any bank. I would love to try this new bank

Read full review

In my opinion that bank is new for me and I think all the same with other bank. Ao I will go with that bank and I hope it ten times better than any bank. I would love to try this new bank

Price
10/10
Features
10/10
Customer service
10/10
Convenience
10/10
Trust
10/10
Less
Tiotinia, New South Wales, reviewed 11 months ago
ANZ Unsecured Personal Loan
Overall 6/10
Good

Not better or worse than others.

Read full review

Not better or worse than others.

Less
Jodie, South Australia, reviewed over 3 years ago
See all car loan reviews
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