Used Car Finance

No. BaseRate is a digital car-finance service. You can estimate repayments, provide your details, check suitable options available from our lender panel and decide whether to continue with an application.

BaseRate uses customer inputs, calculator data, asset details and eligibility information to match customers with suitable lender options we can access.

No. BaseRate does not charge customers platform fees for using the platform. Lender fees, charges, credit criteria and terms may still apply.

BaseRate does not charge customers to use the service. If a finance application introduced through BaseRate settles, the financier pays BaseRate a commission. The amount can vary by financier and product. Financier interest, fees, charges and terms may still apply.

BaseRate uses technology to collect key information, estimate repayments and progress customers toward suitable lender options without waiting for manual broker follow-up.

Yes. BaseRate can arrange used car finance for vehicles purchased from both licensed dealers and private sellers. Lender eligibility criteria may differ slightly between dealer and private sale purchases — for example, some lenders require a roadworthy certificate or have stricter vehicle age restrictions for private sales. The overall process is similar: estimate your repayments, check your options and proceed through the BaseRate finance journey.

Yes. Near-new used vehicles under 5 years old are typically eligible for lender options that are very competitive with new car finance. Because the vehicle retains strong value and is considered lower risk, rates may be similar to or only marginally higher than new car rates. Good-credit borrowers purchasing near-new used vehicles are generally well positioned to access competitive lender options. Indicative repayments are subject to lender criteria and credit assessment.

Yes. Loan amounts of $50,000 and above are available for used car finance, subject to lender criteria, vehicle eligibility and credit assessment. Lenders assess the vehicle value, your income and expenses, and your credit profile. Near-new used vehicles (typically under 5 years old) with strong market values are generally well regarded. Use the BaseRate used car loan calculator to estimate repayments at your target loan amount before entering the finance journey.

Yes. Your credit profile is one of the most significant factors in determining the interest rate and terms you may be offered. Good-credit borrowers — those with a consistent repayment history, stable income and manageable existing debt — are typically well positioned to access options at the lower end of the rate range. BaseRate's technology matches you with suitable options from its lender panel. If an introduced loan settles, the financier pays BaseRate a commission. Subject to lender criteria and credit assessment.

Yes. Getting a sense of your finance options before you negotiate at a dealership or with a private seller is a smart approach. Knowing your indicative repayments and likely loan amount before you commit puts you in a stronger negotiating position. The BaseRate finance journey helps you estimate repayments and explore options so you can go into negotiations with more confidence. Indicative estimates are not a guarantee of approval — final terms are subject to lender criteria, credit assessment and the specific vehicle.