Car Finance Melbourne
Morella Finance helps Melbourne buyers arrange car finance from $10,000, for dealer purchases and private sales. Whether you're replacing your daily driver or buying a family car, I compare suitable loan options and handle the finance paperwork so you can concentrate on choosing the car.
Car loans from 6.20% p.a. Comparison rate 6.63% p.a.*
Set your budget before you start shopping
Getting pre-approved before you shop gives you a clearer price range and an idea of the repayments. Tell me what you want to spend, whether you have a deposit or trade-in, and what repayment would fit comfortably around your other expenses. I'll work through the options before you start arranging test drives.
Allow for registration, insurance, servicing, tyres and fuel or charging, along with parking and tolls where they apply. If your car needs to cover weekday commuting and weekend trips to the Yarra Valley or Mornington Peninsula, think about those extra kilometres when budgeting for running costs. For a used car, leave some room for maintenance after purchase.
Same day pre-approval is possible, depending on your circumstances and the lender. I'll explain any conditions, including whether the lender needs to approve the particular car you choose. Use the calculator below for an initial repayment estimate, then ask me for a quote based on your purchase.
Car Finance Repayment Calculator
Estimate your repayments. Adjust the sliders to match your situation.
Monthly repayment
$580
per month
Weekly
$134
Total repayment
$34,799
Estimates only. Your actual rate depends on your profile and lender. Get a real comparison.
Get my quoteAbout the starting rate
6.00% p.a. is a starting point for estimating repayments only. It is not a quote, not an offer of finance, and not a rate available to every applicant. Your actual rate depends on the lender, the asset, the loan term, the loan amount and your circumstances. Adjust to model scenarios.
What you can finance
Morella Finance arranges finance for new and used cars, with options for dealer purchases, private sales and refinancing. You don't need to have picked the exact car before we talk, although its age, condition and value can affect the available loan options.
New cars bought through a dealer.
Used hatchbacks and sedans for everyday driving.
SUVs and larger family cars.
Dealer demonstrators.
Hybrid and electric cars.
Refinancing an existing car loan.
Buying from a dealer in Melbourne
Melbourne gives you several areas to compare cars, including the automotive precinct at Essendon Fields and dealer locations around Dandenong and Doncaster. Getting your budget sorted first helps you narrow the shortlist before travelling between suburbs. You can compare the cars on their condition, features and purchase price with your finance already underway.
Once you've chosen a car, send me its details and the dealer invoice. Include the advertised listing if you have it, plus any trade-in or deposit information, so I can check the amount you need to borrow.
I deal with the dealer on the finance paperwork and settlement, and keep you updated on anything still needed. Before you commit to a collection date, I'll confirm where the loan approval and payment arrangements stand.
Buying a car privately
If you've found a car through a private seller in Melbourne, I handle the finance process directly with you and the seller.
Get pre-approved, then go and look at the car.
Once you've inspected it and agreed on a price, send me the seller's details.
I contact the seller for ownership documents and run a PPSR search to check whether money is owed on the car.
If the lender requires an inspection, I arrange it. Occasionally a valuation is needed too.
I prepare a private sale invoice for you and the seller to sign.
The lender pays the seller directly. Any existing finance is paid out at settlement.
Once the funds clear, you collect the car.
Money owing on the car isn't automatically a deal breaker. It is paid out at settlement so you receive clear ownership.
Victoria's rules and paperwork
When you buy a Victorian registered car, you must notify VicRoads within 14 days of purchase. For an online private transfer, the seller starts the process through myVicRoads, then you complete your part and pay the transfer fee and motor vehicle duty where applicable. Keep a copy of the transfer paperwork for your records.
For a standard used car transfer, the seller must provide a roadworthy certificate unless an exemption applies. VicRoads says the certificate is valid for 30 days and requires one issued less than 30 days before the sale. A roadworthy certificate confirms road safety, but doesn't guarantee mechanical reliability, so consider a separate independent inspection before agreeing to buy.
Victoria's motor vehicle duty is based on the car's type and dutiable value, generally the higher of its purchase price or market value at registration or transfer. A low agreed price doesn't necessarily mean duty is calculated on that price alone. Allow for duty and the transfer fee when setting your total purchase budget, and check what the dealer's quoted price includes.
One broker from enquiry to settlement
You'll speak with me throughout the process. I compare suitable options across a large panel of lenders, including specialist lenders, explain the quote and follow up the paperwork. If something changes with the car or the sale, you can come straight back to the person already handling your loan.
Low-doc options are available for eligible self-employed buyers. Tell me how you earn your income and what car you're considering, and I'll explain the options and documents relevant to your application.
Morella Finance is based on the Gold Coast and works with Melbourne clients by phone and email. Call 07 2145 8323, Monday to Saturday, 8am to 6pm AEST. Asking for a free quote doesn't affect your credit file.
FAQs
Rates on our panel start from 6.20% p.a. (comparison rate 6.63% p.a.)*. The rate you're offered depends on your credit history, the car's age and the loan term. Tell us what you're buying and we'll compare lenders to find you the best rate we can. The comparison rate example and warning are at the bottom of this page.
No deposit options are available, subject to your circumstances, the car and lender approval. I'll check whether an option suits your purchase and explain the repayments before you decide.
Yes, finance may be available for an older used car bought privately. Send me the listing or car details so I can check lender requirements around age, condition and value.
No. It checks whether the car is safe enough for road use, but doesn't guarantee mechanical reliability. An independent inspection can help you assess its overall condition before buying.
For a Victorian registered car, you must notify VicRoads within 14 days of purchase. Make sure you and the seller have the details and paperwork needed to complete the transfer.
Yes, I can review refinancing options for your existing car loan. I'll compare the proposed repayments, term and overall cost, including any payout costs, so you can decide whether changing loans makes sense.