Refinance Your Car Loan and Pay Less Each Month

Looking to save on your current loan? We help you refinance with better rates and flexible terms so you can keep more money in your pocket every month.

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No impact on credit score

45+ Lenders Australia Wide

Obligation-Free Quotes

Why refinance your car loan with Finance Barn?

Lower your repayments

Switch to a better rate and reduce what you pay each month.

Access better rates

Take advantage of improved credit or changes in the market to lock in a more competitive deal.

Improve Your Monthly Budget

Adjust your loan structure to make day-to-day budgeting easier.

Support You Can Count On

We help you compare, apply, and handle the paperwork so the process is clear from start to finish.

Refinance Your Car Loan with Finance Barn

If you're paying too much on your current car loan, refinancing could help. At Finance Barn, we make it easy to replace your existing loan with a new one that may come with a better rate, lower repayments, or more flexible terms. We help you figure out if refinancing suits your situation and connect you with lenders who match what you're after.

You can refinance to reduce your repayments, pay off your car sooner, or move to a lender that fits you better.

What You Can Expect When You Refinance with Us

Competitive interest rates from trusted lenders

Options to adjust loan terms

Lower monthly repayments or faster payoff

Clear repayments upfront, no guesswork

Support even if your credit isn't perfect

Suitable for most vehicle types

Fast approvals with minimal paperwork

Am I eligible for car loan refinancing?

Eligibility depends on various factors, vehicle value, credit profile, and repayment history. Here’s what lenders generally consider:

A good repayment history on your current loan

Consistent loan repayment history

You are the registered owner of the vehicle

You have a regular source of income

You’re not currently in a hardship arrangement

You haven’t recently applied for too many other loans

What Affects Your Refinance Options?

When it comes to refinancing, lenders look at a few key things to decide what options might be available to you. The better your profile, the more flexibility you’ll have with lenders.

Here’s what they usually consider:

Credit Score

A stronger credit profile can open up better loan options

Repayment History

Lenders prefer borrowers who have been making payments on time

Remaining Loan Balance

The loan amount should make sense compared to the car’s current value which is most cases is not an issue.

Vehicle Age

Most lenders will only refinance cars that are still within a certain age range

Employment & Income

Earning enough to cover repayments is key

How Can Refinancing Save Me Money?

Refinancing can help you reduce your overall loan cost. Whether it’s by lowering your repayments, shortening your loan term, or switching to a lender with better flexibility, we’ll help you explore your options and work out if it makes sense for you.