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Car finance for personal or business uses

Regardless if you plan to use your car for personal uses such as going to the shops or dropping the kids off at school, or if you need it for your business, we've got lots of car finance options from a huge panel of lenders to help you.

Use our helpful car loan calculator to estimate your repayments and then find a car in your budget.

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Empowering you through many auto finance options

With MyMoto, you control the process. Apply for car finance pre-approval online, any time, any place!

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Find a car that’s right for you

Search thousands of new and used cars online, choose and compare, even add your trade-in to get the best deal.

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Sell your car

Selling your car through MyMoto is a fast, easy, and secure way to get a fair price for your vehicle without the hassle of listing it for sale and dealing with potential buyers.

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MyMoto finance brokerage!

Did you know we offer brokerage services?
Finance more than just your car – explore options for caravans, trucks, boats, and more!

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How MyMoto works

Choose from MyMoto’s ever-growing selection of quality cars and control every step of the process. From finance, to test drives, to selling your current car and servicing, our mission is to put you in the driver's seat so you can make better decisions. My car, my way.

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Auto finance FAQs

A fixed interest rate is an interest rate that remains constant over the entire term of a loan or a deposit. This means that the borrower or the depositor knows exactly how much interest they will pay or receive, respectively, for the entire duration of the loan or deposit.

On the other hand, a variable interest rate is an interest rate that can change over time in response to changes in the market conditions or the monetary policy of a central bank. This means that the borrower or the depositor may have to pay more or less interest over the course of the loan or deposit, depending on the movement of interest rates.

A secured car loan is a loan that is secured by the car being purchased as collateral. This means that if the borrower fails to make their loan payments, the lender has the right to repossess the car. A secured car loan typically has lower interest rates and more favorable terms than an unsecured loan because the lender has the assurance that they can recover their funds if the borrower defaults on the loan.

An unsecured car loan, on the other hand, is not backed by any collateral and is based solely on the borrower's creditworthiness and ability to repay the loan. As a result, unsecured car loans generally have higher interest rates and less favorable terms than secured car loans because the lender is taking on more risk.

A motor vehicle lease is a financial arrangement in which an individual agrees to pay for the use of a vehicle over a specified period of time, instead of owning the vehicle outright. The vehicle is owned by a leasing company or dealership, and the individual who leases the vehicle is effectively paying to rent it.

In a motor vehicle lease, the individual typically makes monthly payments for the duration of the lease, which covers the cost of the vehicle's depreciation over the term of the lease, as well as other fees and charges such as taxes and insurance. At the end of the lease, the individual may have the option to purchase the vehicle for its remaining value, return it to the leasing company or dealership, or trade it in for a different vehicle.

Leasing a vehicle can have several advantages, such as lower monthly payments compared to purchasing a vehicle, the ability to drive a new car every few years, and the reduced burden of maintenance and repairs, as the leasing company is typically responsible for these costs.

Chattel mortgage is a type of financing agreement in which an individual borrows money to purchase a vehicle and the vehicle serves as collateral for the loan. In a chattel mortgage, the borrower owns the vehicle and has the right to use it, but the lender holds a security interest in the vehicle until the loan is paid in full.

In this arrangement, the monthly payments made by the borrower are used to repay the loan, including interest and any fees.

A commercial hire purchase (CHP) is a financing arrangement that allows a business to purchase a vehicle or other equipment by paying regular installments over a specified period of time. In a CHP agreement, the business effectively hires the equipment and has the right to use it, but the ownership of the equipment remains with the lender until the final payment is made.

In a CHP agreement, the business makes regular payments, including interest and any fees, to the lender over the term of the agreement. The payments are structured so that they are lower in the beginning of the agreement and increase over time, with a larger portion of each payment going towards paying down the principal as the term progresses. Once all the payments have been made and the final payment has been made, the ownership of the equipment is transferred to the business.