Customer Reviews Across Australia
You could be driving around Sydney with your bad credit car loan.
Explore our range of bad credit car loans for NSW drivers and rest easy knowing you're getting a fair deal.
Car finance made easy, so you can focus on the fun stuff. Here's how to apply.
Get the money you need, when you need it. With a fast, headache-free application process, getting a bad credit car loan in Sydney has never been so simple.
- 01.Submit your pre-approval online
Apply online in just 5-10 minutes. We enable simple access to your banking portal for easy retrieval of your statements.
- 02.We’ll take a look and get in touch
After reviewing your car loan application, we'll reach out via phone or email with next steps to clarify how much you could borrow.
- 03.Pick your new car
Either new or used, from a dealership or via a private sale — tell us what car you'd like to buy, and we can provide you with a quick assessment.
- 04.Drive away
If all goes smoothly, you could be driving away in your next car in 24 to 48 hours.
1. Subject to verification, suitability and affordability
Get the funds you need, when you need it.
100% online
With easy bank statement retrieval of your documents, you can apply online in just 5-10 minutes.
Get up to $75,000
We'll match you with a suitable bad credit car loan and calculate your weekly repayments to work best for you.
Drive away in 48 hrs
When it's time to buy, we provide you with the funds to complete the purchase of your car within 48 hours once approved.
Find affordable car finance for every driver.
Need a loan for a used car?
Upgrade your car without breaking the bank. Our used car finance options make it possible.
Unemployed or on a Centrelink income*?
If you're looking for work, a car could really help you out. Let’s weigh up your options and calculate your affordable monthly payments.
Need to get your car fixed?
Our personal loans up to $30,000 can be used to cover car repairs, service work, bodywork or upgrades.
* Money3 is not affiliated with, or endorsed by, Services Australia, but does provide personal loan and vehicle finance options which are available to recipients of benefit payments
Example Bad Credit Car Loans in Sydney - Costs Chart
| Borrow | Costs | Repay |
|---|---|---|
| $5,000 | $1,909 | $6,909 |
| 24 months at 13.95% APR & 34.16% Comparison Rate | ||
| $10,000 | $6,925 | $16,925 |
| 48 months at 13.95% APR & 29.11% Comparison Rate | ||
| $25,000 | $14,850 | $39,850 |
| 60 months at 13.95% APR & 20.38% Comparison Rate | ||
| $50,000 | $30,285 | $80,285 |
| 72 months at 13.95% APR & 17.23% Comparison Rate | ||
| $75,000 | $42,219 | $117,219 |
| 72 months at 13.95% APR & 16.15% Comparison Rate | ||
EXAMPLE: A platinum secured personal loan of $5,000 for 24 months has fees and charges totalling $1,909.35 and a total repayment of $6,909.35. The Minimum loan term is 24 months and the Maximum term 24 months. The loan term will be 24 months, 52 fortnights or 104 weeks. The Maximum APR is 13.95%. The Comparison Rate, based on a loan of $5,000 over two years, is 34.16%.
EXAMPLE: A platinum secured personal loan of $25,000 for 60 months has fees and charges totalling $14,850.43 and a total repayment of $39,850.43. The Minimum loan term is 24 months and the Maximum term 60 months. The term will be 60 months if you repay monthly, 130 fortnights or 260 weeks. The Maximum APR is 13.95%. The Comparison Rate, based on a loan of $25,000 over five years, is 20.38%.
WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
Please Note: Advertised costs and repayments have been rounded up to the nearest dollar amount, so costs may be slightly cheaper in most cases. Australian Credit Licence 389067.
Car Loans in Sydney FAQs
Other financial providers may knock back borrowers with a poor credit score. At Money3, we consider other factors to determine whether a loan is do-able for you. Our bad credit car loans give Sydney drivers a second chance.
When you apply for a car loan with Money3, you will be asked to provide details of your regular income and expenses. We will review this information to determine how much borrowing power you have. The higher your borrowing power, the more money you will usually be able to access.
To get car finance with Money3, you need to have an income of at least $480 or more per week1. This income can come from working, Centrelink benefits*, or both
Yes, we’ll need your address, contact details, and information on your regular income and expenses. They can be uploaded digitally online. We will also need 90 day bank statements and your driver's license for the assessment process.
Sydney has several key suburbs, when buying used cars, known for their concentration of car dealerships. Making them ideal spots to search for a used car. Some of the best suburbs include:
- Parramatta: Located in Sydney’s west, Parramatta has a large number of car dealerships offering a wide variety of used cars.
- Arncliffe: Situated close to the airport, Arncliffe is home to many dealerships, making it a convenient location to explore a range of vehicles.
- Sutherland: In Sydney’s south, Sutherland is known for its cluster of car yards, offering both independent and franchise options.
- Liverpool: This southwestern suburb is a popular destination for car buyers, with numerous dealerships offering competitive prices on used cars.
- Homebush: Known for its proximity to the Sydney Olympic Park, Homebush also has a range of car dealerships specialising in used vehicles.
- Chatswood: On Sydney’s North Shore, Chatswood is another suburb with a strong presence of car dealerships, particularly along Pacific Highway.
Exploring these suburbs will give you access to a wide selection of used cars. For a smoother purchasing experience, consider getting pre-approved for a loan with Money3 before you start shopping.
1. Subject to verification, suitability and affordability
