Get on the road with confidence — not confusion.
Clear guidance, flexible options, and car finance that fits your budget.
Buying a car is a practical decision — but the way you finance it can have a long-term impact on your cash flow.
Whether you’re purchasing new or used, from a dealer or a private seller, the right loan structure matters just as much as the interest rate.
We help you understand your car loan options and choose finance that makes sense for your situation — without pressure or unnecessary complexity.
Why clients choose Extra Mile
- Clear, straightforward explanations
- Access to a broad range of Australian car loan lenders
- Support for new and used vehicle purchases
- Transparent comparisons across rates, terms and fees
- Guidance from first discussion through to settlement
Common use cases for car loans
Car loans are commonly used for:
- Purchasing a new or used vehicle
- Buying from a dealership or a private seller
- Replacing an existing vehicle
- Upgrading to suit family, lifestyle or work needs
- Managing cash flow by avoiding large upfront payments
Our role is to help you balance affordability today with flexibility over the life of the loan.
Choosing the right car loan structure
Not all car loans work the same way.
Some options are secured against the vehicle, which can offer more competitive rates, while others are unsecured, offering flexibility in how the vehicle is used. Loan terms, fees, and repayment structures can vary depending on the age of the car, purchase method, and your overall financial position.
We explain these differences clearly so you can choose an option that suits both your budget and how you plan to use the vehicle.
Big decisions. Real guidance. Real outcomes.
What clients say after going through the process with Extra Mile.
How car loans work
Step 1 - Clarify your purchase and budget
We discuss the type of vehicle you’re buying, your price range, and what level of repayments fits comfortably within your budget.
Step 2 - Compare suitable options
We review different lenders and loan structures, considering interest rates, fees, loan terms and whether secured or unsecured options make sense for your situation.
Step 3 - Apply with confidence
We manage the application process, coordinate with the lender and seller if needed, and guide you through approval and settlement.
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All loans are subject to lender approval and eligibility criteria. Fees and charges may apply.
What you’ll typically need
Requirements vary by lender, but most applications will involve:
- Identification
- Proof of income
- Bank statements
- Vehicle details (if available)
- Details of existing liabilities (if applicable)
Frequently asked questions
Can I get finance before choosing a car?
Yes. Pre-approval can help you understand your budget before committing to a specific vehicle.
Are used cars financed differently from new cars?
Often, yes. Vehicle age and type can affect rates, terms and lender options.
Can I buy a car from a private seller?
In many cases, yes. We’ll guide you through how this affects the process and documentation.
How long does approval usually take?
Timeframes vary depending on the lender and complexity. Once we understand your scenario, we’ll give you a clear expectation upfront.
Is a secured or unsecured car loan better?
That depends on your priorities around flexibility, rates and vehicle use. We’ll explain the trade-offs so you can decide confidently.
Contact us
Our Adelaide office
We’re based in Adelaide and support clients across South Australia and Australia-wide.