§ Tool · tier 1 · independent
Dealer Finance vs Bank Loan Calculator.
Compare dealer finance offers with bank or credit union car loans
CalculatorFree, no signupOn-deviceupd May 2026
Inputs
Your numbers
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Move the sliders or type in the form on the left — the math updates live as you go. Click Get AI verdict when you want a written analysis.
Dealers make money on finance, but sometimes their rates are competitive. This calculator compares dealer finance with bank or credit union loans to find the true best deal.
§ Worked examples
Real-world scenarios
Low Rate vs Discount
$35,000 car: Dealer offers 5.9% finance. Bank offers 7.5% but dealer reduces price by $2,000 if you use external finance.
Inputs
price:35,000dealerRate:5.9bankRate:7.5discount:2,000
Dealer finance: $38,300 total. Bank with discount: $36,800 total. The discount makes bank financing cheaper despite higher rate!
§ FAQ
Questions Australians ask
§ GlossaryDealer Finance Car loans arranged through the dealership, typically from a finance company the dealer partners with. Finance Commission Payment the dealer receives for arranging finance - motivation to sell you dealer finance. Pre-Approval Getting loan approval before shopping, giving you buying power and a benchmark rate.