Plenti Car Loan (Secured)
A secured loan that allows individuals to borrow funds for the purchase or refinance of an eligible vehicle, including new and used cars. The information set out below relates to an application made directly with Plenti unless otherwise noted. Credit subject to approval.
- From
- 7.49%
- 9.22% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Discount Discount applies to invited applicants to reduce the standard loan rate. Not available with any other discount. | 0.2% | — | — |
| Discount Plenti offers a rate reduction of 0.5% p.a. for those financing new electric vehicles up to $90,000 through our collaboration with the Clean Energy Finance Corporation | 0.5% | — | — |
| Fixed · 7 years This is the minimum rate available for direct to Plenti applicants. The actual rate received depends on a number of criteria including credit profile and the asset being financed. An indicative rate is shown following a quote. Assumes monthly repayments. | 7.49% | 9.22% | — |
| Fixed · 7 years This is the maximum rate applicable for direct to Plenti applicants. The actual rate received depends on a number of criteria including credit profile and the asset being financed. An indicative rate is shown following a quote. Assumes monthly repayments. | 12.99% | 14.68% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Account Management Fee Charged monthly · Also known as the monthly fee, this fee may be reduced to $0 for existing Plenti borrowers | Ongoing | $14.90 |
| Credit Assistance Fee Estimated fee disclosed during the rate estimate, and as set out in your loan contract. | Upfront | $199.00 – $1,000.00 |
| Direct Debit Dishonour Fee Payable where a direct debit repayment is dishonoured. | Dishonour | $25.00 |
| Arrears Fee | Late payment | $0.00 – $20.00 |
| Expedited Loan Transfer Fee Optional fee charged if borrower uses the Expedited Loan Transfer service to receive same-day funds | Event | $40.00 |
| Variation Fee Payable each time a customer asks to move a scheduled repayment to a later date and we agree to such a request. Plenti may agree to waive this fee. | Variation | $30.00 |
Features
- Extra repayments
- Make extra repayments at any time with no fee
- A balloon payment option may be available through some distribution channels
- Digital banking
- Manage your loan online via the Plenti borrower portal
- Get a rate estimate with no impact on credit score
Eligibility
- Minimum age — 21 yearsMust be 21 years or older
- Residency status — Must be an Australian resident
- Individuals onlyIndividual borrowers only
- Applicants must have a valid email address and Australian mobile number
- Must hold an Australian bank account capable of direct debit
- The vehicle must not be used for the predominant purpose of rideshare, other taxi services, or as a permanent residence
- Minimum income — $32,000.00 p.a.Must earn over $32,000 per year net from a regular source of income
Constraints
- Minimum limit — $5,000.00Minimum loan amount $5,000
- Maximum limit — $150,000.00Maximum loan amount $150,000 (excluding fees or charges which may be added to the loan). The full maximum loan amount may not be available to all applicants or for all asset types.
- Loan terms range from 2 years (P2Y) to 7 years (P7Y).
More Information
Published by Plenti under the Consumer Data Right · Last updated 10 July 2026 · Product ID afcbb40c-ea62-4707-b370-56262b304cbb