C1 Car Loans putting you back in the driver's seat.

Loan Amount

Loan Period

EXAMPLE: A Premium secured personal loan of $10,000 for 36 months has fees and charges totalling $3,830.21 and a total repayment of $16,375.21. The Minimum loan term is 13 months and the Maximum term 36 months. The Maximum APR is 19.95%. The Comparison Rate, based on a loan of $10,000 over three years, is 36.07%. WARNING: This comparison rate is valid only for the examples given and may not include all fees and charges. Different terms and fees might result in different comparison rates, dependant on which product is best suited.

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How it works

How it works

Step 1 Apply Online

Click on 'Apply Now!' to submit an application in less than 10 minutes.

Step 2 Pre-Approval

Once we've assessed your borrowing power, we will provide you with a pre-approval to start your search.

Step 3 Pick Your Car & Drive Away

Once you've found your car, we will handle the rest, leaving you to drive away with peace of mind.

C1 knew how to handle my bad credit

Our difference

FWD Vehicle

100% Online

You just need a mobile phone and online banking; we’ll do the rest.

Handing Key

Fair Go

We specialise in bad credit, everyone deserves a second chance!

Girl driving vehicle

Free To Apply

No out-of-pocket costs to get pre-approved!

Read real reviews

Excellent

4.9/5

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Great company & great people

"Nathan and Stuart were simple amazing, they helped me a lot from the start of my loan and worked with me all the way. During the lockdown they were with me all the steps and helped me a lot without any pressure at all."

Marco

Verified

Great customer service

"Awesome customer service, very efficient and thorough, easy application process. I'm satisfied with the repayments on the loan it will be easy to manage and all taken care of by direct debit so no stress. Would highly recommend."

Taryn

Verified

Sheldon & Nathan are awesome!

"Sheldon and Nathan were patient and willing to support in anyway they could. They walked me through the process and answered any questions I had in satisfactory manner. Best rate I've ever received, thank you!"

Mathew

Verified

Great help when I needed it

"Going through personal hardships, Sheldon and Nathan were so understanding and helpful. They worked with me, and never put me under any pressure what so ever. I could not have done this without their help."

David

Verified

Owe them alot

"I stumbled on C1 Finance by accident but glad I did. From my fist consultation with Nathan and Sheldon, they went above and beyond to help me achieve my requirements but it didn't stop there. They were always there when I needed to contact them and their support was 100%."

Anthony

Verified

Get a car loan up to $40,000

If you are looking for a new or a used car, from a private seller or car dealership, C1 Car Loans could help*!

Example loan cost comparison charts

Premium +

19.99%

LOAN

COST

REPAY

$15,000 $8,448 $23,448
36 Months at 19.99% & 32.35% Comparison Rate
$20,000 $13,506 $33,506
48 Months at 19.99% & 28.66% Comparison Rate
$25,000 $16,344 $41,344
48 Months at 19.99% & 27.69% Comparison Rate
$30,000 $23,719 $53,719
60 Months at 19.99% & 26.13% Comparison Rate
$35,000 $27,158 $62,158
60 Months at 19.99% & 25.71% Comparison Rate
Enquire Today

Premium

24.99%

LOAN

COST

REPAY

$15,000 $13,032 $28,032
48 Months at 24.99% & 35.39% Comparison Rate
$20,000 $16,450 $36,450
48 Months at 24.99% & 33.77% Comparison Rate
$25,000 $19,866 $44,866
48 Months at 24.99% & 32.78% Comparison Rate
$30,000 $23,281 $53,281
48 Months at 24.99% & 32.13% Comparison Rate
$35,000 $33,580 $68,580
60 Months at 24.99% & 30.82% Comparison Rate
Enquire Today

Standard

27.99%

LOAN

COST

REPAY

$10,000 $10,827 $20,827
48 Months at 27.99% & 45% Comparison Rate
$15,000 $14,811 $29,811
48 Months at 27.99% & 39.45% Comparison Rate
$20,000 $18,792 $38,792
48 Months at 27.99% & 37.83% Comparison Rate
$25,000 $22,776 $47,776
48 Months at 27.99% & 36.85% Comparison Rate
$30,000 $26,757 $56,757
48 Months at 27.99% & 36.19% Comparison Rate
Enquire Today
EXAMPLE: A Premium secured personal loan of $10,000 for 36 months has fees and charges totalling $3,830.21 and a total repayment of $16,375.21. The Minimum loan term is 13 months and the Maximum term 36 months. The Maximum APR is 19.95%. The Comparison Rate, based on a loan of $10,000 over three years, is 36.07% WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. Please Note: Advertised costs and repayments have been rounded up to the nearest dollar amount, so costs may be slightly cheaper in most cases.

Top FAQs

Yes, you can! In fact, we happen to specialise in lending to clients with bad credit. This means we don't look at your credit score number as the be-all, end-all. Instead, we prefer to get a better picture of your finances by looking at other factors. As long as you have no finance defaults in the last 6 months or are currently bankrupt, we'll give you a fair go and take a look at your application.

Yes, but we will usually check with you before doing so. C1 Car Loans understands that most of its clients are trying to rebuild their credit rating and this is why we won't do a credit check until we are confident we can lend to you.

During the term of your loan, we will take security over your car. As soon as you have paid your loan out in full, the car is officially yours.

C1 Car Loans provides secured asset loans mostly to purchase a vehicle. However, we can look at other assets (such as motorcycles, caravans, and boats) but keep in mind that these must have another asset to secure the loan against.

Absolutely. We only charge an early termination fee if you pay out your loan within six months of accepting your contract. After six months, there are no penalties for paying out your loan early.