Fast, simple and transparent car loans

Tailored finance options from a range of lenders in a few simple steps

Find my rates
Great rates from multiple lenders

How to get a car loan with Jump Payments

Fill out a quick form

Short 2 minute form
Doesn't affect credit score
Minimal information required

Choose preferred option

Compare pre-qualified rates
Transparent display of fees
You make the choice

Submit for approval

Finalise your online application
Retrieve supporting documentation digitally
Get ready to pick up your car!

Compare lender rates

We have carefully selected our lending partners to provide you with a seamless customer experience, at the best possible rates.

Starting APR:
4.47%
Starting comparison rate*:
5.28%
Loan terms:
3, 4 or 5 years
Loan amounts:
$5,000 - $100,000
Starting APR:
4.69%
Starting comparison rate*:
6.55%
Loan terms:
3, 5 or 7 years
Loan amounts:
$10,000 - $100,000
Starting APR:
5.49%
Starting comparison rate*:
6.86%
Loan terms:
2-7 years
Loan amounts:
$5,000 - $100,000
Starting APR:
5.45%
Starting comparison rate*:
6.79%
Loan terms:
1-7 years
Loan amounts:
$5,000 - $250,000
Starting APR:
7.64%
Starting comparison rate*:
10.24%
Loan terms:
1-7 years
Loan amounts:
$10,000 - $150,000
Starting APR:
7.65%
Starting comparison rate*:
9.53%
Loan terms:
3, 5 or 7 years
Loan amounts:
$5,000 - $50,000
Starting APR:
7.95%
Starting comparison rate*:
9.01%
Loan terms:
3, 5 or 7 years
Loan amounts:
$5,000 - $50,000
Starting APR:
7.99%
Starting comparison rate*:
10.46%
Loan terms:
1 - 7 years
Loan amounts:
$5,000+
Starting APR:
19.95%
Starting comparison rate*:
26.64%
Loan terms:
2-5 years
Loan amounts:
$2,000 - $50,000

Lending partners

Compare rates from our lender partners

Personal loan options

Personal
lender
Starting annual
percentage rate
Starting comparison rate*
Loan
terms
Min
amount
Max
amount
4.47%
5.28%
3-5 years
$5,000
$100,000
4.69%
6.55%
3, 5 or 7 years
$10,000
$100,000
5.45%
6.79%
1-7 years
$5,000
$250,000
5.49%
6.86%
2-7 years
$5,000
$100,000
7.64%
10.24%
1-7 years
$5,000
$150,000
7.65%
9.53%
3, 5 or 7 years
$5,000
$50,000
7.95%
9.01%
3, 5 or 7 years
$5,000
$50,000
7.99%
10.46%
1-7 years
$5,000
Varies
19.95%
26.64%
2-5 years
$2,000
$50,000
Find your eligible lenders with the Jump platform
Find my rates

Personal loan options

Commercial
lender
Annual
percentage rate
Comparison
rate*
Loan
terms
Min
amount
Max
amount
4.70%
6.80%
1-5 years
$5,000
$150,000
5.20%
6.56%
1-5 years
$10,000
$250,000
5.39%
6.21%
3-5 years
$5,000
$100,000
7.99%
10.46%
1-7 years
$5,000
Varies
Find your eligible lenders with the Jump platform
Find my rates

What's wrong with traditional car finance

Poor customer experience.
Limited visibility of interest rates and fees
Difficult to shop around and compare rates

Why we're different

Dealers have limited access to lenders, reducing their ability to find you the best rate.

Traditional brokers favour lenders that pay them the highest commissions, with limited transparency. Jump is different.

We give you the options, you make the choice.

Jump Payments FAQ

Learn more about getting a car loan with Jump.
Still need help?

How do I get my quote?

Jump checks your personal details against our lender partner criteria to see which loans your likely to qualify for, and at what rate.

All you need to do is fill out our short, 2 minute quote form and you'll receive an email with your best quotes from our lender panel in just a couple of hours.

Does applying for quotes with Jump impact my credit score?

No. Getting your rates with Jump doesn't impact your credit score.

Only once you've chosen your preferred lender quote and submitted your final application to Jump will your chosen lender run a full credit report.

How do lenders decide what rate to charge me?

Lenders price differently for different customers, and consider a number of factors when deciding whether a customer is eligible for a loan and, if so, what rate they will be charged.

Factors such as the age of the vehicle being purchased, credit score, previous defaults, housing status and stability of employment may all impact your rate. Different lenders prefer different types of customers, and focus on different customer attributes.

With Jump - the hard work of figuring out which lender will give you the best rate is done for you. Just enter some basic personal information to see what these tailored rates are from each lender so you can pick the best option for you.

Learn more about what lenders look for

What is a comparison rate?

A comparison rate is a rate you can use to help work out the true cost of a loan. While it doesn’t include fees such as stamp duty, it does include most (if not all) of the key fees and charges that lenders will charge you.

The comparison rate is the key metric to keep an eye out for when comparing your car loan quotes from Jump Payments. Jump clearly specifies the comparison rate of every quote we provide to you so you can quickly see which loan will cost you less.

Learn more about car finance terminology

What is an APR?

The APR is the lender quoted annual percentage rate (excluding all fees and charges) that you will be charged on your loan amount

Be careful of relying on APRs - they can often be misleading as they do not include the fees and charges that you will be charged. Comparison rates and monthly repayments are often a better way to compare lenders.

Learn more about car finance terminology

What is a Balloon payment?

The balloon payment is the final amount you pay at the end of your loan normally expressed as a % of the total loan value.

The higher your balloon payment, the more interest you pay but the lower your monthly repayments. This is because you are delaying payment of this “balloon” amount until the end of your loan, so interest is accruing until this day.

If you believe that your likely car value at the day your loan ends is worth more than your balloon payment PLUS any interest that accrues, then it may make sense to have a balloon payment to decrease your monthly repayments. Otherwise, we suggest avoiding balloon payments if you can.

Lenders often cap what the maximum balloon payment is for this reason also.

Learn more about car finance terminology

I've already chosen my car. How long before I can pick it up?

The entire process can be done as quickly as same day, but actual application lodgement turnaround times will ultimately depend on your chosen lender.

Our short application form only takes 2 minutes to fill out. From there, we will send you by email your best quote options from our panel of lenders in only a couple of hours.

Once you’ve picked your lender and provided a few other details such as your average monthly income and expenses, we will work with your chosen lender to lodge your application. Approval can take any where from a couple of hours to 48 hours, depending on the lender you picked.  The Jump team is closely aligned with our lending partners to make this as fast a process as possible so you can be driving away in your new car in no time.

What documents will I need to have on me to be able to apply?

We have worked hard to minimise the amount of documentation required by our panel of lenders.

In most cases, you will only need access to your drivers license and a copy of your two most recent payslips to be uploaded as part of the application.

Most lenders also require your last 3 months of bank statements - but with the Jump platform you can retrieve your bank statements digitally by logging in to your bank account through our secure portal as part of the application process!

In some exceptional circumstances, we may also ask you for some other documents, but we’ll keep you informed of if and why we need them if so.

I’m having trouble deciding on which lender to go with - is there someone I can speak to?

Of course! Our friendly and knowledgeable team are available to speak at any time - just call us on 1300 755 494 to ask any questions you may have!

Do you accept used cars from private sales too?

Yes! We have lenders on our panel that accept both dealership sales and private car sales

Why do you need to know information about my financial position?

Believe us, we know there's a lot of information required to get through a loan application. Jump and our lending partners are strictly regulated by the National Consumer Credit Protection Act, which is a good thing!

But it also means we are required to collect enough information about your current financial position (including you current income, expenses and assets) to allow us to make an assessment of if you will experience any financial hardship by entering into the loan you are looking for.

Don’t worry, this information is securely stored and is only used for this purpose - we’ve tried to make it as fast and painless as possible for you so you can have your loan approved in no time!

Get started with Jump Payments now

Using Jump Payments is easy, start understanding your loan options now.