Tailored car finance that puts you in the driver’s seat.

No, it won't. To get a personalised car finance quote, our lending partners performs a 'soft-touch' credit check against your credit file that does not affect your score. The personalised quotes are then provided based on your individual circumstances and proposed loan details (deposit amount, loan term, age of the vehicle, etc).

Yes, submitting a finance or pre-approval application allows financiers to notify credit reporting bodies that you’ve applied for credit with them, along with other details like the proposed loan amount. This record of how many times you’ve applied for credit is then recorded on your credit file and taken into account when determining your credit score.

During the quote process, our finance partners will provide you with personalised rates that are based on your individual circumstances and the proposed loan details (deposit amount, loan term, age of the vehicle, etc). This process doesn’t affect your credit score until you apply for finance.

The personalised rate is then used to calculate your personalised repayment on your chosen vehicle. These are estimates only based on your inputs, final rates and repayments are subject to financier assessment and approval.

Yes. You are free to include a deposit of your liking. Adding a deposit could potentially reduce your interest rate, improve your chances of approval, and reduce your repayment amount. 

Note: A reservation deposit of $500 is taken with every vehicle. For more information on the reservation deposit please click here.

Typically, you will be asked for the following (don't worry, it shouldn't take you longer than about 20 minutes):

• Personal information – e.g. your date of birth and address.
• A copy of your driver's licence.
• Employment information.
• Income & expenses information – typically you may be asked to provide some documentation relevant to your income (i.e. payslips).
• Assets & liabilities information.
• Bank account details.
• Two personal references.

Documentation is subject to financier assessment and approval.

Yes. Approvals are non-binding and as such you are free to change your mind as you see fit. Please contact one of our friendly Finance Consultants on 02 8319 3210 to discuss.

Typical financing fees include an establishment fee and personal property securities register (PPSR) fee payable to the financier, and an introducers fee payable to Carma.

Yes, all of our finance partners will allow you to pay out your finance contract early. Fees and charges may apply.

Yes. You are more than welcome to arrange finance through an external party. We can assist you in providing them with any information or documentation they require. Should you wish to compare their finance offer with one of our carefully selected financiers, please don't hesitate to give one of our specialist Finance Consultants a call on 02 8319 3210.

Absolutely. Should you not be approved for finance and you are unable to pay for the vehicle by other means and you wish to cancel the transaction, then your reservation deposit will be refunded in full.

If you wish to return your vehicle and select another, under some circumstances your finance may be able to be transferred onto the new car. Otherwise, we will work with you and our existing finance partners to cancel the finance on the vehicle. 

If you have used one of Carma’s finance partners, Carma will cover the cost of any fees and charges to transfer or cancel the finance. If you have used your own financier, then we suggest you discuss the cancellation with them directly. Note that fees and charges may apply from your own financier.