Car loan FAQs: applying for a car loan

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Here’s a few things that you should know about Macquarie Leasing car loans


How do I apply?

You can apply for a personal car loan or receive a tailored quote online.

Alternatively, our experienced team will be happy to assist you throughout the entire process and help you determine the product and structure that best suits your needs. Contact us to discuss your requirements.

How long does it take to process my application?

Once all necessary documentation has being received, we can turn around an application in as little as 24 hours. Contact us to discuss your requirements.

How do I get information once my account is set up?

  • All of your loan or lease information is available securely online at www.yourlease.com.au
  • Alternatively you can call us on 1300 368 908.

Can I get finance pre-approval if I haven't decided which car I want to buy?

Yes - we can pre-approve you for an amount so you can look for your next vehicle with the confidence of knowing you are already approved for the purchase. Contact us to discuss your individual needs.

What do I do if I want to upgrade my car?

Enquire online or contact us on 1800 100 152 and we will assist you with all aspects of the upgrade, including sourcing the new vehicle, organising any trade-ins and updating your insurance.

Can you help source me a car?

Yes, through our car buying service we assist our customers by obtaining pricing for new and demo cars.

Can I have a balloon payment on my contract?

Macquarie Leasing is happy to discuss the option of a balloon. The balloon amount can be determined by the age of the car and the term you wish to finance over. There are some requirements for the setting of balloons and such requests are subject to Macquarie Leasing lending criteria.

What is the maximum term?

  • Macquarie Leasing may consider a finance term up to a maximum of seven years for Consumer loans.
  • A further term may be entered into if you wish to refinance a balloon payment.
  • Find out more about our finance options here.

Can I pay a deposit?

Yes, if you are using a Hire Purchase, Chattel Mortgage or Consumer Loan you are welcome to pay a deposit towards your new car or equipment.

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Car finance and sourcing services are provided by Macquarie Leasing Pty Ltd ABN 38 002 674 982 Australian Credit Licence No. 394925 (Macquarie Leasing). All applications are subject to the satisfaction of approval criteria. Terms, conditions, fees and charges apply.

Any information or advice contained on this website is general in nature, is not an expression of opinion or recommendation, and has been prepared without taking into account your objectives, financial situation or needs. Before acting on any information or advice on this website, you should consider the appropriateness of it (and any relevant product) having regard to your circumstances and, if a current offer document is available, read the offer document before acquiring products named on this website. You should also seek independent financial, accounting and tax advice prior to acquiring a financial product.