Personal Fixed Rate Car Loan

Fixed Rate Loan essentials

About Fixed Rate Loan

Toyota Personalised Rate

Using smart and sophisticated software, our dealers will calculate an interest rate that’s personalised for you.

Choose any Toyota

Select the Toyota that’s right for you from our range of new and used models.

Freedom of choice

Customise your deposit amount, your repayment term (up to 7 years) and your repayment frequency.

Convenience

You can incorporate on-road costs related to the purchase of your vehicle into your personal fixed rate car loan.

End of Loan Options

Vehicle Ownership

At the end of your loan, you take unencumbered ownership of the vehicle, provided you have made all payments under the contract.

If there is a balloon payment, then the customer can either pay this in full or apply to refinance the balloon. A balloon refinance is subject to our standard lending criteria (terms, conditions, fees and charges apply).

Fees that will apply

Establishment Fee

Vehicle Security Registration Fee

Account Administration Fee

Dealership Fees

On-charged Dealer Agency Fee

Fees that might apply

Payment Method Fee - BPay

Payment Method Fee – Other (includes BillPay, Cheque or Direct Deposit)

Account Payment Card Fee

Payment Dishonour Fee

Late Payment Fee

Information Fee

Early Termination Fee

THE APPLICATION PROCESS

How getting a Fixed Rate Car Loan works

If you’ve decided that a Personal Fixed Rate Car Loan is the best option for you, getting started couldn’t be easier.

Select your preferred Toyota

New or used, purchase the car that’s right for you.

Decide on your personal loan payment details

Stay in complete control of what and when you pay back.

Put down a deposit (or don’t)

A deposit can be paid upfront to reduce your loan amount.

Talk to Downtown Toyota

And start the application process!

What do I need to apply?

Before applying for personal car finance, there are several documents you need to have ready.

YOUR CHECKLIST

Frequently Asked Questions

What Identification and Documents do I need to apply?

To apply for car finance you will need to provide the following:

Proof of Identity

Driver’s license – at least one person on the finance application
Passport or Proof of Age card

One of the following:

Valid Medicare
Valid Credit/Debit card
Valid Veteran card

Proof of income – one of the following combinations

Employed

Payslip including year to date summary (unless Jul/Aug) or
3 x consecutive payslips (if no YTD or Jul/Aug) or
Employment contract and 3 months bank statement(if recently started)

Self Employed

Tax Return or
Business Financials

Proof of residence

Homeowner/buyer

Rates notice

Renting

Tenancy Agreement

Boarding or living with parents

Proof of address

Understanding of monthly expenses – you will be asked about your current monthly expenses. It is best to be prepared with a list of your monthly expenses.

We have a checklist you can print to make sure you have everything you need.

PDF Checklist

What is the current interest rate offered by Toyota Finance?

All of our customers receive a Toyota Personalised Rate when applying for finance. Our sophisticated software calculates your interest rate based on your credit score and other personal criteria determined by us. This means you get a rate that is based on your individual circumstances.

Toyota Finance is committed to providing you with quality finance options tailored to your individual needs and lifestyle. And with Toyota’s Personalised Rates, you can be confident that you are getting a fair and transparent interest rate for your loan.

What is Toyota Finance Online?

How can I access my Toyota Finance Online account?

Explore more loan products

Toyota Access Loan

A Toyota Access Loan can offer you lower monthly repayments^[F9] than a regular car loan, a Guaranteed Future Value^[F2] and a loan term between 1 and 4 years. At the end of your loan, your options are flexible, helping you stay agile and in control.

LEARN MORE

Toyota Fixed Rate Loan

Our Fixed Rate Car Loan puts you in control. Decide on your deposit amount or decide not to have one at all. You also get to choose the length of your loan - anywhere between 1 and 7 years - and how often your repayments are due. And best of all, at the end of the loan, the vehicle is yours to keep.

LEARN MORE

Disclaimer

The information provided on this website by Toyota Finance Australia Limited ABN 48 002 435 181, AFSL and Australian Credit Licence 392536 is of a general nature and for information only. Nothing on this website constitutes or should be considered to constitute legal, taxation or financial advice. Before making a decision about any of the products and services featured on this website, you should consult with your own independent legal, taxation and financial advisors, who can advise you about your personal circumstances.

^[F2]The GFV is the minimum value of your Toyota at the end of your finance contract, as determined by Toyota Finance. If you decide to return your car to Toyota Finance at the end of your term, Toyota Finance will pay you the agreed GFV, which will be put against your final payment subject to fair wear and tear conditions and agreed kilometres being met. Terms, conditions, fees, charges & lending criteria apply. Approved applicants only. Toyota Finance is a division of Toyota Finance Australia Limited ABN 48 002 435 181, AFSL and Australian Credit Licence 392536.

^[F6]Approved applicants only. Terms and conditions apply. Toyota Finance is a division of Toyota Finance Australia Limited ABN 48 002 435 181, AFSL and Australian Credit Licence 392536.

^[F9]Lower monthly repayments compared to a similar term with no Guaranteed Future Value (GFV) or equivalent balloon final payment. Total interest charges will be higher if a GFV or balloon final payment is selected.