Compare car finance options in Canberra & find your perfect loan match in 60 seconds

Canberra drivers have a wealth of vehicle loans available to them. Driva works with over 30 lenders to bring you competitive and transparent rates, so you can be confident you’re getting the best deal possible. Whether you’re looking to finance a caravan, a motorbike or anything else with wheels, chances are Driva can help!

Some features of car loans in Canberra offered by Driva include:

• Low fixed-rate car loans
• Friendly and knowledgeable team
• Flexible loan term lengths and repayment terms
• Get a personalised rate in less than two minutes
• Access to a wide range of lenders across Canberra and Australia

Traditional car finance is notoriously hard to navigate, and many rates and fees are generally not shared with the customer. Additionally, traditional car finance companies don’t use personalised rates, so the starting rate you’re given at the start of the process is highly likely to change.

Driva, on the other hand, takes the hard work out of the car finance application process from the very beginning. By providing you with personalised rates based on your unique profile, you can be confident that there will be no last minute rate changes along the way. Also, we pride ourselves on being 100% transparent, and will share all the interest rates and fees from each lender that you’re eligible for, so ultimately you can make the final call on which loan you want to go with.

This will depend on which lender you’re looking at. Every lender has different lending criteria, and, amongst other factors, will consider the car you’re interested in, your employment status and your credit rating before deciding whether they have a car finance option available to you. For most lenders, the higher your credit score, the lower interest rates they can offer you.

Even if you have a bad credit rating, there may be car loan options available to you - get a personalised rate in less than two minutes.

You can access your credit history for free through our friends at Equifax.

Driva works with over 30 lenders to provide you as many options as possible when deciding which loan to go with. From your personalised Driva Dashboard you’ll be able to see which loans you’re likely to be eligible for in Canberra. 

If you have any questions, please get in contact with our friendly and knowledgeable team. You can email us at contact@driva.com.au or give us a call on 1300 755 494.

By law, you’re required to have compulsory third party insurance to register a car anywhere in Australia. This insurance will provide compensation for any injuries that may occur to you or another person in a road accident, but not for any damage to your vehicle or property, nor the other person’s vehicle or property.

In addition to compulsory third party insurance, every car loan lender will require you to secure comprehensive car insurance for your new vehicle before the loan can settle. This covers you for many different insured events, like car accidents, theft and many weather related incidents. In the event of a car accident, it also covers both your car and property and the other person’s car and property. 

Driva has partnered with CGU Insurance to offer comprehensive vehicle insurance to our customers. Get a quote online.

In order to access personalised rates on your Driva Dashboard, you don’t need to provide us with any documents at all.

When it comes to submitting a loan application for assessment, you will normally only need access to your drivers license and your two most recent payslips. The Driva platform can assist you in retrieving your bank statements digitally. In some circumstances we might require a few more documents, but we’ll let you know if and why we need them.

Approved applicants will then just need to provide their vehicle sales invoice and proof of comprehensive insurance policy. After that, you’ll be good to drive away!

Yes - whether you’re looking at a brand new car, or a second hand 4WD for weekend trips to the Cotter, Driva can offer you competitive rates from our panel of over 30 lenders.

Yes - Driva can help you finance a second hand motorbike or a new car or caravan.

If you have any car financing questions, or would like to chat about the finance packages that Driva offers, please get in contact with our friendly and knowledgeable team. You can email us at contact@driva.com.au or give us a call on 1300 755 494. Or, if you’re ready to get started, you can apply online and get your personalised rates in just minutes.

A balloon payment car loan is a form of vehicle financing that offers lower monthly repayments across the loan period, followed by a large final lump-sum repayment at the end. It might be a good option for some individuals, but it can also be dangerous if you don't plan ahead and budget for the final payment!

Learn more: What Is A Balloon Payment Car Loan? Everything You Need To Know

Driva works with over 30 lenders in Canberra and across Australia to provide you with a wide range of car loan options. This ensures that you're receiving the best rate possible. There are several factors that influence your rate, including the age of the car being bought, your employment status, and your credit score.

If you’re looking for car finance in Canberra, Driva can help you find your best rate! Get started by using our car loan calculator or getting your personalised rates in just minutes. We've also got a bike loan calculator and a caravan loan calculator.

Absolutely! If you’re not totally happy with your current car loan, Driva can help you refinance it. You’ll first need to contact your current lender and find out your ‘pay-off amount’, before getting your personalised rates and comparing finance options with Driva. We’ll show you the lenders with the most competitive rates that are most suited to your personal circumstances, but the final decision on which lender to go with is completely up to you.

To get access to your Driva Dashboard and view your personalised quotes, you’ll just need to tell us a few details about you and the vehicle you’re looking to buy. The whole process takes less than two minutes!