Loans > Car Loans
Car & Vehicle Loans
Looking to buy a car, caravan, boat or other vehicle? Borrow up to the full value of the vehicle with APS Car Loans.
Interest rate
Features
Repayment calculator
How to apply
FAQs
Rate and term
| New cars |
7.90% |
| Used cars |
8.90% |
| Term |
1-5 years |
Features
Get a loan for most vehicles
Borrow up to 100% of the vehicle purchase price
Fund the whole vehicle
No early repayment fees
Pay off the loan whenever it suits you. No additional fees or maximums apply.
Options for bad credit
We’ll do our best to get you a car loan even with a bad credit
How to apply
Who can apply
• You must be over 18 years old
• You must be an Australian resident
What you need
• Driver’s licence or proof of identity (if new member)
Apply online in minutes
Get approved in 24 hours. You’ll be notified by email when your application is successful.
Managing your loan
Use the APS member login to access your loan or make repayments.
Rates for
New cars / vehicles
7.90% p.a
Rates for
Used cars / vehicles
8.90% p.a
Term
1–5 years
Features
Get a loan for most vehicles
This includes new and used cars, caravans, motorbikes and boats.
Fund the whole vehicle
Borrow up to 100% of the vehicle purchase price.
No early repayment fees
Pay off the loan whenever it suits you. No additional fees or maximums apply.
Fast approvals
We take the time to understand your needs and provide a quick decision.
Repayment calculator
1. Choose an amount for the car or vehicle
2. Add the interest rate (7.90% for new car loans)
3. Add loan duration, up to 60 months (5 years)
“Update. We just got our car finance processed by Scott Davison. Scott couldn’t be any more professional or helpful if he tried. Absolute pleasure to deal with. Yet another reason why we choose APSBS for multiple services.”
– Ben
“Thanks APS Loans Department. Great staff, great service, great experience. Terms and conditions offered were much better than one of the “big 4” banks. Scott was so helpful, approachable and made the whole process easy and straightforward. Thanks.”
– Clarissa
“I like to personally thank Gabriel, Charlie and Carmelina. They all have been very helpful with my loan application and super fast responses. I will most definately recommend APS to family and friends.”
– Gawk
“Amazing people, amazing service. They made the whole process of getting a loan extremely easy. Highly recommended.”
James
“These guys are always so good to deal with. They make you feel part of a family. Wish I didn’t have to pay back loan though!”
– Stefo
How to apply
Who can apply
You must be over 18 years old and you must be an Australian resident.
What you need
Your driver’s licence or proof of identity (if you’re a new member).
Apply online in minutes
Get a decision in 24 hours. You’ll be notified by email if your application is successful.
Managing your loan
Use APS Online to access your loan, make repayments and track your repayment history.
Why APS?
Life’s big moments often come with big financial decisions — and that’s why we’re here. APS has been proudly supporting Australians for over 120 years, beginning as a funeral benefit fund for public service workers and growing to help more than 30,000 members nationwide with loans, super, tax, legal services and more.
We pride ourselves on fast loan approvals and personal service. With APS, you’ll always feel confident and in safe hands. Our team takes the time to understand your needs and offers clear, practical support — without the stress. As a profit-for-member organisation, we focus on delivering real value to our members and giving back to the community.
We’re here to help you
Reach us from 9:00am until 5:00pm weekdays
FAQs
Do I need to be a member of APS Benefits?
Yes, you need to be a member of APS Benefits Group. Being a member entitles you to more
than a funeral benefit. You also have access to our wide range of personal and financial
services such as Tax, Accounting, Wills and Estates, Financial Planning, APS Savings and
Mortgage Broking.
Are there any application fees or similar charges?
There are no monthly fees, no application fees and no penalty for early repayment. As a not-for-profit cooperative, we are focused on helping to pay your loan off as efficiently as possible without the added stress of fees!
How long will it take to obtain approval of a loan?
Approval may be obtained within one business day.
Can I pay off my loan early?
All our loans can be paid out whenever the member wishes without penalty
I do not have a good credit history and have defaults listed, will I be eligible?
Yes, applications will be assessed on a case by case basis.
What happens if I can no longer afford my loan repayments?
If you can no longer afford your loan repayments, we ask that you contact the APS loans team to arrange an amicable repayment plan. If you are experiencing challenges that affect your ability to repay your loan, we will work with you to make necessary adjustments.
Can I take out a second loan, even if I already have one?
You can have multiple APS Car Loans, Caveat Loans and Home Loans. However, you can only
have one Personal Loan or Special Purpose Loan.
I haven’t found a car yet. Can I get pre-approval?
Yes, pre-approval is available.
Can I top up my loan mid-term?
No, car loans need to be repaid in full.
Can I have more than one Secured Car Loan?
Yes.
How can I repay this loan?
Loan repayments must be made by either allotment from your salary or direct debit from your bank account. Repayments from a bank account may be made weekly, fortnightly or monthly.
What is the maximum term?
The maximum term for a Secured Car Loan is five years.
If I am self-employed, am I eligible?
Yes, however we would generally require that you have been self-employed for at least one
financial year and will need to supply an ABN and taxation returns. We may also require BAS to support your application.
Notices & downloads
| Comparison rate schedule PDF • 301KB |
Download |
Important information
Terms, conditions, fees, charges and lending criteria apply and are available on application. The information above is general advice only and does not take into account your personal objectives, financial situation or needs and you should consider if it appropriate for you.
1. Comparison rate calculation is based on a secured loan of $10,000 for a term of 3 years with fortnightly repayments unless otherwise stated. WARNING: The Comparison Rate applies only to the examples given and may not include all fees and charges. Different amounts and terms will result in different comparison rates. Costs such as redraw fees (top up fees), dishonour fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.