Refinance Your Car Loan

Refinance and enjoy the benefits

When your financial circumstances change, your car loan should change too. Refinancing can save you money, provide more flexible loan features or even just put you with a better loan provider. We offer:

  • Experienced refinancing consultants
  • Customised finance solutions
  • Fast application process
  • Bad credit car loan specialists
  • Move your bad credit car loan to a good or better car loan lender, using your current loan as established credit in order to get a better deal
  • We re-finance a good percentage of our signed up customers on bad credit rates to good credit rates after 12 months, once they have re-established their credit

Better finance may be 3 steps away

Free Finance Assessment

Free, No-Obligation Finance Assessment

Based on the criteria you have selected, you may qualify with one of our partners. Click continue to be referred to continue your enquiry

Go Rapid Customer Feedback

Check out how well we did, in these latest reviews

What is car refinancing?

Car refinancing is when you replace your current car loan with a new one, often with a different lender. The idea is to get a loan that has better terms for you—like a lower interest rate or different loan duration—which can make your repayments smaller or the total time to pay off your car shorter. It can be a smart move if your financial situation has improved since you got your original loan, or if interest rates have gone down.

One of the main advantages of car refinancing is the potential to save money over time. If you secure a lower interest rate, your monthly payments could be reduced, making your budget a bit more comfortable. Additionally, refinancing could help you pay off your car loan quicker if you choose a loan with a shorter term. However, there can be downsides. Sometimes refinancing might come with fees or penalties for ending your original loan early. And if you extend the loan term to get lower monthly payments, you might end up paying more in total interest over the life of the loan. It’s important to weigh up these pros and cons, and consider what’s most important for your financial health before making a decision.

A specialist broker, like Rapid Finance, could assist you to weigh up the pros and cons and find you a better deal that suits your current finances better.

Restart your car finance.

Refinance your car loan to get a better car loan today.

Let’s work with you to get a better deal on your car finance.

Our specialist refinance consultants will shop around to find you a better car loan - based on your needs and circumstances. If you’re looking for greater flexibility, reduced repayments or a better rate, we will find a refinancing solution suitable for you.

View our full range of car loan options.

Car Loan Calculator

Loan Amount

up down

Loan Details



Please note: This is an estimate provided for illustrative purposes only, and is based on the accuracy of information provided. It does not constitute a quote. Additional fees and charges may apply dependent on your individual circumstances. Fees such as early repayment costs and establishment fees are not accounted for in the examples of weekly repayments. Interest rates may be subject to change throughout the term of the loan.

Rapid Resources

What is Car Refinancing?

Have you had a car loan for at least 12 months? You may be in the ideal position to refinance your loan - depending on your personal and financial circumstances. Check out our top five tips on refinancing for a financial benefit.

Read more

8 Signs You Should Consider Car Refinancing

Whether you had bad credit when you first got your car loan or you simply need different features now, there are many reasons why people choose to refinance their car loans.

Read more

How common is car loan refinancing in Australia?

Thinking of refinancing your car loan? You're in good company. Refinancing is a popular loan solution in Australia today.

Read more

Car Refinancing FAQs

Have more questions about your car refinance options? Call the team on 1300 467 274 and we'll be happy to help.