The Finance Algorithm
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Low doc car loan

Low doc car loans

Personal loansBank updated 9 June 2026

At a glance

Variable
8.29%
Loan size
$5,000 to $100,000
Monthly fee
$10

How it compares

This personal loan in ink, against the best that every other institution publishes for anyone to apply for. Each figure is counted the same way for all of them.

This personal loan: 8.29%Every other institution's lowest, 41 in all

Lowest advertised rate, fixed or variable. One dot per institution, at its lowest car loan rate from a bank or lender anyone can apply for; hover or tap a dot for its name.

RateThis personal loanBest anywhereTypical institutionWhere it sits
Car loan from a bank or lenderLowest advertised rate, fixed or variable8.29%5.74%Westpac's Car Loan6.99%of 42 institutions36th lowest of 42

Rates

The one rate Liberty Financial publishes for this personal loan.

TypeApplies toTermBandRateComparisonConditions
VariableVariable interest rate starting from 8.29% p.a.P&I--8.29%--

Fees

3 fees published, grouped by when they're charged.

  1. When you take it outNo fee published
  2. While you hold it$10 a monthOngoing fee
  3. When you close it or pay it off$125Discharge fee

While you hold it1

  • Ongoing fee

    Ongoing fee $10 per month

    $10 a month

When you close it or pay it off1

  • Discharge fee

    Early termination fees such as break costs may apply

    $125

Other fees1

  • Application fee

    Application fee varies. Other fees, charges and commissions may apply.

    Varies

Features

  • Repayments weekly, fortnightly, monthly
  • The maximum vehicle age at the end of the loan term is 8 years for any loan with a balloon repayment.
  • An interest rate discount of 0.25% p.a. applies for new and used plug-in electric vehicles. Hybrids excluded.
  • Interest rate loadings apply to older vehicles, resulting in higher interest rates. Call 13 11 33 or speak with your local Liberty Adviser for details.
  • Alternative proof of income accepted
  • Solutions for start-ups or established businesses
  • Flexible payment options

Eligibility and limits

  • Amount $5,000 to $100,000
  • Loan terms from 2 to 7 years

Published by Liberty Financial under the Consumer Data Right, last changed by them on 9 June 2026. Figures are shown as the institution publishes them and can change without notice; confirm on their site before applying. The Finance Algorithm earns nothing from any product listed here.