Refinance Your Car Loan with eCarz
Car Refinance
Free Car Refinance Eligibility Assessment
Compare refinance options against your current loan without accessing your credit file.
- Compare 50+ lenders
- Look for a lower rate or lower repayments
- Free, no-obligation assessment
- Fast response for eligible applicants
Car Refinance Made Simple with eCarz
Paying more than you’d like on your car loan? Car refinancing replaces your current loan with a new one that better suits where you are now, whether that’s a lower rate, more manageable repayments or a different loan term. eCarz compares more than 50 lenders for you, lays the numbers out side by side, and handles the paperwork, so you can see if switching is worth it before you commit. Buying a car instead? Our finance broker team can help with that too.
Real Reviews. Real Experiences.
Our Panel of Refinance Lender
Compare 50+ Lenders to Find a Competitive Refinance Deal
With access to more than 50 lenders, we compare refinance options against your current loan and tailor a solution to suit your needs. Pre-approval is often available within 24 hours for complete applications, subject to lender assessment and approval.
Our Car Refinance Calculator
Why eCarz?
eCarz are car loan experts. We understand that refinancing can feel overwhelming, so we do the comparing and the paperwork. Our customers enjoy:
Fast approval process for eligible applicants.
Competitive loan rates, with finance options tailored to suit your circumstances and budget.
Less documents and time-consuming paperwork
Help for both employed and self-employed loan applicants with and without financials
Business Vehicle Refinance
Refinancing a business vehicle loan? We’ll look at your cash flow, tax position and current finance structure to find an option that fits.
A Better Rate, If One’s Available
If rates have moved or your circumstances have improved since you took out your loan, we’ll check what’s on offer across our 50+ lender panel and compare on the comparison rate, not just the headline rate.
Know Your Numbers First
Before you commit, we’ll show you your payout figure, any fees and the total cost over the new term, so you can see whether switching actually saves you money.
Refinance a Personal Car Loan
Reduce your repayments, change your term or restructure a balloon. Talk to us before you sign anything with a new lender.
Chattel Mortgage
Chattel Mortgage
Low Doc Car Loans
Low Doc Car Loans
Get a FREE Car Refinance Eligibility Assessment and compare car finance and leasing options without accessing your credit file.
All car refinance quotes are supplied to you free and without any obligation.
When Does Refinancing Your Car Loan Make Sense?
Refinancing can be a smart move if:
- Your credit profile has improved since you took out the loan
- Interest rates have changed or you’re on a higher rate than you need to be
- Your repayments no longer suit your budget
- You want to change or remove a balloon payment
- You’d like to switch loan structure or term
It isn’t always the right call. Before you switch, check:
- Fees: Your current lender may charge early termination or discharge fees, and a new lender may charge establishment fees.
- Loan term: A lower repayment from a longer term can mean more interest overall.
- What you owe vs. what the car’s worth: This can limit your options.
- Vehicle age and kilometres: Some lenders have limits.
We’ll run the numbers and tell you honestly whether refinancing stacks up.
What You’ll Need to Refinance Your Car Loan
Refinancing is simpler when you’re prepared. Here’s what lenders usually ask for:
At eCarz, we make it our mission to simplify the process and help you secure easy car refinance that suits your lifestyle. Whether you’re starting fresh or exploring car refinancing options to lower your current repayments, we’re here to support you every step of the way.
Determine Your Credit Standing
Buying the Right Car Made Easy
Interest rates and approval are largely influenced by your credit history. A low credit score could mean a higher interest rate or, worse, your car loan may not be approved. Here are some things that you need to check to clear out inaccuracies and potentially improve your credit score.
- Duplicate debts being listed.
- Fraud or identity theft.
- Incorrect debt amount.
- Being listed as in default by mistake.
- Even an incorrect name or address.
Note that free credit report providers use data from different reporting agencies so you may need to do some investigating if your score varies from one provider to the other.
This is where a car loans broker can help. Navigating through your credit report can be intimidating or even alarming if you do not know what to do.
Quick Apply For For Car Refinancing
Car Refinancing FAQ's
What is car refinancing?
Car refinancing means replacing your existing car loan with a new loan, usually from a different lender, which pays out the old one. The new loan can have a different interest rate, term or repayment structure. eCarz compares 50+ lenders to see what’s available for you.
Will refinancing my car loan save me money?
Not always. A lower rate can reduce your interest, but a longer term or fees can offset the saving. eCarz compares the comparison rate and total cost, including any discharge or establishment fees, before you decide.
When should I refinance my car loan?
It may be worth considering if your credit has improved, rates have changed, your repayments are too high or you want to restructure a balloon payment.
Can I refinance a car loan with a balloon payment?
Often, yes. Eligibility depends on the lender, the vehicle’s age and value, and your loan balance.
Can I refinance with bad credit?
Possibly. eCarz works with lenders that specialise in bad credit car finance, and approval depends on your income stability and overall debts. Many borrowers refinance to a better rate once their credit profile improves.
What documents do I need to refinance?
Photo ID, recent payslips or proof of income, three months of bank statements, details of existing debts, your current loan statement or payout figure, and your vehicle details. Self-employed applicants may also need BAS statements or tax returns.
How fast can I be approved?
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