Specialist Services for Securing Westpac Car Loans

As Australia’s oldest bank and one of the Big 4, Westpac is a popular lender with private and business vehicle buyers. The bank’s size and status allow buyers to secure competitive interest rates, consider a comprehensive selection of credit facilities and obtain flexible solutions.

However, securing vehicle financing with such a large institution can be overwhelming and time-consuming for many buyers. We are accredited with Westpac, and through our expert brokers, buyers can realise the benefits of the bank’s car loan rates and special offers, plus enjoy the advantages of our specialist services. Services that may save considerable time and add expert knowledge and expertise to the process and the outcome.

If Westpac is your preferred vehicle finance lender, but you prefer your loan to be handled on your behalf by our specialists, contact us to discuss your specific requirements.

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Appreciate the Benefits of Choosing Car Loans Offered by Westpac

Securing motor vehicle funding through Australia’s oldest bank can provide many borrowers with a greater sense of confidence and assurance. A trust that Westpac has built over its long history serving the needs of its customers.

But more tangible benefits can be realised when choosing Westpac for vehicle credit. As such a large bank, Westpac has the resources and capabilities to offer extremely competitive rates across its lending products. Discounted rates are offered on eligible EVs and hybrids, which may make these vehicles more accessible to more buyers.

The bank also offers generous loan limits for personal loans and the choice of repayment schedules to suit when the customer is paid their wages.

Business buyers can enjoy a full selection of credit facilities, including Novated Lease and workable loan terms of up to 7 years. Allowing operators to select the product that will work with their accounting method allows for appropriate tax deductions and suit cash flow.

Where the benefits of Westpac car finance appeal to buyers but undertaking the task by themselves is not so appealing due to time or other issues, we will handle the entire process for you. As your broker, we work in your best interests to maximise the benefits offered by Westpac, minimise the time it may take to secure the financing and negotiate and structure the best outcome. To have one of our experienced consultants handle your Westpac car loan, connect with us online or by phone.
  • Maximise benefits from financing your car with Westpac.
  • Competitive rates from a major bank.
  • EV, hybrid discounted rates.
  • Flexible repayments.
  • Expert brokers to source Westpac car finance.
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Overview of Westpac Car Financing Facilities

Founded in 1817 as the Bank of NSW, Westpac is today an extremely dominant banking institution in Australia’s financial services sector. The bank provides services across all financial sectors for both individuals and businesses, including competitive and flexible motor vehicle finance products.

For buyers of vehicles for private use, the bank offers a Secured Personal Loan with competitive fixed rates. Discounted rates are available for buyers of eligible EVs and hybrids. Loans from $10,000 to $100,000 are available for new and for used vehicles that meet the bank’s conditions. The bank provides flexible repayment options with weekly, fortnightly or monthly schedules.

Where a vehicle does not meet Westpac criteria for a secured car loan, an unsecured loan option may be considered.

Buyers of vehicles to use in a business operation can select the most suitable credit facility to suit their accounting method and objectives. Westpac’s financing options for vehicles for commercial operators include Vehicle Loans (Chattel Mortgage), Leasing, Hire Purchase and Novated Lease. Businesses may borrow from $15,000 with terms up to 7 years and balloon options available.

For a Westpac quote on your car loan, contact us for quick service and the best rates.
  • Westpac Secured Car Loan.
  • Discounted interest rates for eligible EVs, and hybrids.
  • Flexible repayments – weekly, fortnightly, monthly.
  • Westpac Vehicle Lease, Vehicle Loan, Hire Purchase.
  • Novated Lease available.
  • Fixed, competitive interest rates.
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Jade Provides Extra Advantages in Securing Westpac Car Loans

Westpac provides customers with extensive benefits with their car financing options including competitive rates, EV and hybrid loan discounted rates, flexible repayment schedules, generous loan limits and secured car financing with fixed rates and fixed terms. Benefits which are greatly valued by many customers.

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Using Jade to secure your Westpac vehicle finance can further enhance these benefits. Our brokers know Westpac’s products and criteria and can quickly ascertain whether or not these are in line with the profile and requirements of our customer and their vehicle. Where Westpac is the right lender for that customer, we can expedite the quoting, approvals and settlement phases.

Where a customer does not meet Westpac criteria, we will source another option from across our 80+ lender panel. Where we can source a better solution for any customer, our brokers will present this information and allow the customer to make an informed decision on their car loan.

Our brokers assist and support customers through what can often be a complex lending process with a large bank or with any other lender. Explaining every detail in plain language. We work with our industry-level contacts at Westpac to negotiate terms and rates to deliver the repayment schedule that suits our customers.

Business customers also benefit from our detailed understanding of the latest tax regulations. Our brokers structure financing to optimise tax deductions and deliver solutions that will work with cash flow and long-term objectives. Speak with us about your requirements and we will advise how we can assist with better rates and flexible vehicle financing solutions.

  • Most suitable options from 80+ lender base.
  • Experts to save customers time with Westpac car loans.
  • Individually sourced and structured Westpac car finance.

Easily Compare Westpac Vehicle Loans with Our Other Options

While sourcing vehicle finance through one of Australia’s leading banks can present competitive rates and many benefits, astute buyers will no doubt still want to ensure that Westpac presents their best option. We provide a number of resources to allow comparisons across the motor vehicle lending market. Allowing buyers to do basic rate and product comparisons, without impacting credit scores. Note that when multiple quotes or applications are made to lenders for the same loan, this can have a negative impact on the credit score.

Our Lender Comparison Table comprises a number of lenders active in motor vehicle financing. Showing the type of product, type of interest and the current advertised and comparison rates. Our Finance Calculator allows buyers to carry out basic calculations for estimated repayments based on varying loan amounts, terms and interest rates.
  • Quickly compare Westpac and other lender rates.
  • Estimate repayments for Westpac car loans.
  • Confirm the best options.
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Understand Eligibility Criteria & Applying for Westpac’s Financing Options for Vehicles

Prior to requesting a quote or submitting an application, it can be wise to understand the eligibility criteria as set by Westpac. Criteria for eligibility and for approval varies with different banks and lenders. We know the matrix used by Westpac and can assist buyers in navigating the options and determining if this is the right lender for their profile.


As with all Consumer Credit, for Westpac’s Personal Secured Car Loans, applicants must be 18+ years old. They must have a regular taxable income in Australia, hold the relevant citizenship or visa documentation and provide details of their financials, employment and identity.


There are also criteria for the vehicle. Used vehicles must be less than 7 years old and must not have been written-off. EVs and hybrids must meet certain conditions for eligibility for discount interest rate loans. Comprehensive insurance is required.


To be eligible for Westpac business vehicle facilities, enterprises must have an ABN and provide their latest financial statements and 12 months of BAS returns. The minimum business finance amount approved is $15,000.


We can handle the application process for you to streamline the approvals procedure and save you time. Where you or your vehicle do not meet Westpac’s criteria, we will source you other motor vehicle financing options from across our vast lender panel.

  • Transparent eligibility criteria.
  • Applicant and vehicle criteria.
  • ABN and 12 months of financials for business buyers.
  • Specialist alternative finance options for ineligible buyers.
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* The comparison rate displayed is calculated for a loan of $30,000 over 5 years. The results from this calculator should be used as an indication only. Quoted repayments are based on advertised rates and do not include lender fees and charges. Results do not represent either quotes or pre-qualifications for a loan. The specific details of your loan will be provided to you in your loan contract. It is advised that you speak with us so that we can provide you with advice that is tailored to your situation.

DISCLAIMER: This comparison chart is provided for general reference purposes only. It is not in any way intended as a loan application, it is not a quote for business finance or any indication that an application has been received or approved. The rates quoted are for business use where the funds are predominately for business use and may not include all the fees and charges that may be applicable. The interest rates and the repayments displayed do not account for any conditions pertaining to your individual loan application. Therefore the interest rate and repayment you may be offered may vary from the amount shown.

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Westpac Car Loans FAQ's

  • Westpac offers discounted interest rate loans for EVs and hybrids, subject to the vehicle meeting their conditions.

  • Westpac requests 12 months of BAS records to be eligible for financing. That would require the entity to have GST registration.

  • Business operators that do not have all the financial documents to meet Westpac criteria may seek no doc options through brokers and non-bank lenders.

  • Yes. Westpac offers second-hand car finance subject to the car meeting their conditions, including not being more than 7 years old.

  • Chattel Mortgage (Vehicle Loan) and Hire Purchase have an optional balloon feature. Represented as a percentage of the total amount of the loan, this amount is due to be paid following the last monthly repayment.

  • A Novated Lease is a car finance product where an employer purchases a vehicle for an employee, and the employee sacrifices salary to cover the costs.

  • No. Car finance applicants do not need to be Westpac customers.

  • The minimum loan for Westpac business vehicle finance is $15,000.

  • Westpac offers personal car loans up to $100,000.

  • Westpac offers fixed interest rate car loans.

  • A secured car loan uses the vehicle as security for the money being borrowed.

  • Yes. Westpac offers weekly, fortnightly and monthly car loan repayment options.

  • Yes. Westpac offers Chattel Mortgage, which they refer to as a Vehicle Loan.

  • Terms of 1 to 7 years are available on Westpac car finance.

  • Westpac offers fixed rate vehicle financing, so the rate would not change over the term.