Rating based on 37 reviews

Macquarie Loan

  • Car loans up to $250,000
  • Low-interest starting from 7.95%
  • Repayment up to 7 years

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Macquarie homepage
Author Macquarie. Screenshot of Macquarie website.
[Accessed May 24, 2023]

About Macquarie

Macquarie is a very unique lender that has very high standards for its employees. It has gone so far as to develop a code of conduct that all of its employees are bound by.

This code of conduct ensures that customers are treated with respect, understanding and professionalism at all times.

Macquarie Group's impact

Macquarie Group's purpose is to empower individuals to innovate and invest for a better future. They prioritise positive outcomes for their clients, teams, investors, and the communities they operate in. With a diverse range of financial services, it serves clients worldwide, showcasing its capabilities across institutional, corporate, government, and retail sectors.

Driving positive impact

Macquarie's commitment to creating a positive impact extends beyond financial services. It aims to make a difference in the communities where they live and work. By aligning its work with the well-being of its stakeholders, Macquarie ensures that its efforts lead to favourable outcomes.

Diverse global presence

With operations in 34 markets, Macquarie Group has established a strong global presence. They have experienced 54 years of unbroken profitability, demonstrating their stability and expertise in the financial industry. Serving clients around the world, it continues to expand and innovate, showcasing its commitment to growth and collaboration.

Advancing sustainability

Macquarie recognizes the urgent need to address climate change and supports the transition to a sustainable future. They're actively involved in accelerating Australia's shift towards electric vehicles. By offering competitive rates and financial solutions in this sector, Macquarie aims to drive the adoption of cleaner transportation alternatives.

Client-centric approach

Macquarie understands the importance of personal relationships and the role of financial advisors in guiding clients' financial decisions. They believe that who you share your life with matters, and they prioritize building uniquely personal relationships with their clients. By offering tailored solutions and a high level of service, Macquarie aims to support their clients' financial goals effectively.

Macquarie Group's impact reaches beyond traditional financial services. With a global presence, a commitment to sustainability, and a client-centric approach, they strive to empower individuals and contribute to a better future. Through its diverse capabilities and emphasis on positive outcomes, Macquarie continues to make a significant difference in the financial industry and the communities they serve.

Macquarie’s awards

Macquarie has won multiple rewards over the years including the Money Magazine Best of the Best for their line of credit home loan and the SMSF Best Loan Provider in 2014 among others.

Looking to trade in?

Apart from helping clients find their perfect car, Macquarie can also handle any trade in and will help save you thousands in the long run. From finding the right car to finding the right loan and the most affordable insurance package – they do it all.  

Earn points

If you take out a car loan with Macquarie you will earn a Qantas point for each and every dollar that is financed. Simply visit their website to find out more about this amazing deal and even use their points calculator to see how what a given number of points will get you. 

Macquarie Services

Macquarie is a credit provider that offers everyday transactional accounts, credit cards, home loans, car loans, savings and investment accounts as well as some of the most helpful expert advice on everything finance related in the country.

Car purchasing service: Vehicle Select and the Macquarie car loan

Eliminate the hassle of negotiations with Macquarie Vehicle Select, a complimentary offering from Macquarie. Their skilled team of car buying experts, specializing in Macquarie car loans, will negotiate on your behalf, schedule test drives, and provide an appraisal for your trade-in. They may even be able to deliver your new car right to your doorstep, fully fueled and ready for the road.

Specialised service for electric car purchase

Macquarie takes pride in being the first Australian banking group to introduce a specialized service for purchasing electric cars. This service, in conjunction with Macquarie car loans, aims to facilitate a seamless transition to electric vehicles.

Loans for personal car use

Macquarie provides car loans for personal use, whether for new or used vehicles.

Available Macquarie car loan options

  • Interest rates for personal car loans
    • Variable rates for property owners and non-property owners
    • Fixed rates for property owners and non-property owners
  • Loan-to-Value Ratio (LVR)
    • Macquarie's car loans, including the Macquarie car loan option, offer competitive rates for responsible borrowers. A higher down payment leads to a lower loan-to-value ratio (LVR) and interest rate.
  • Loans for New Vehicles:
    • Variable Interest Rates and Comparison Rates for different LVRs (≤ 90 and > 90)

Macquarie vehicle select

Macquarie Vehicle Select is a complimentary service that can potentially save you thousands on your next vehicle purchase, complemented by the convenience of a Macquarie car loan. Their car-buying experts, specialising in Macquarie car loans, will negotiate on your behalf, arrange test drives, and provide an appraisal for your trade-in.

Upgrade or refinance options

Existing customers can take advantage of Macquarie's services, including Macquarie car loans if they wish to upgrade their car or refinance their current loan:

  • Refinancing: Macquarie enables you to refinance your existing loan while maintaining your current repayment schedule if your final payment exceeds $5,000, with the flexibility of a Macquarie car loan.
  • Upgrading: Macquarie, specialising in Macquarie car loans, can assist you in finalizing your existing loan and purchasing your new car.

Vehicle finance up to $250,000

Vehicle finance from Macquarie offers Australians loan amounts from $10,000 to $250,000 and can be obtained entirely online. Their repayment terms start from 12 months and stretch to a maximum of 7 years.

With a wide network of dealers and partners, Macquarie can not only help you with the vehicle finance you need but also help you find the right car at the right price! It is important to note that this lender charges a once-off loan establishment fee of $495 and an ongoing fee of $7.95.

Related services

In addition to acting as an alternative to traditional banks and offering the above financial products and services, Macquarie also have a range of diverse wealth and risk management services including business banking, asset finance, commodities and foreign exchange.

If you’re looking to generate and build wealth their wealth and risk management experts can help tailor a plan to meet your goals and exceed your expectations.

Macquarie – Car loan

  • Loan Type Car loans
  • Interest Rate from 7.95%
  • Loan Amount up to $250,000
  • Repayment 12 months to 7 years

Benefits of Macquarie

  • Low interest starting from 7.95%
  • Apply online and get pre-qualified
  • Get vehicle finance up to $250,000

Car loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This car loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Macquarie car loans: New or used, upgrades or refinanced

When visiting Macquarie’s website it is recommended that you make use of their expert articles that tackle everything from budgeting effectively to choosing the right personal loan.

These guides are certainly one of the most comprehensive, accurate and customer orientated ranges available to Australians on the net. One of the nicest things about Macquarie is that their website allows you to get a quick personalized car loan quotation.

Apply online in minutes

Whether you’re looking to finance your dream car or obtain a balance transfer card with great rewards, you can easily do it online with Macquarie by getting a quote and then filling in their online loan application.

A user-friendly platform

Macquarie certainly has one of the most user-friendly online platforms in the country with everything from a 60-second quotation to online banking and account management.

If you’re looking for expert service, great advice and products that change the game overnight then you should certainly give this provider a try.

Applying for your Macquarie car loan

Eligibility and required documentation

In order to be eligible for a Macquarie car loan, certain criteria must be met. Prospective borrowers should be at least 18 years old and possess a valid Australian driver's license. You're expected to demonstrate a steady income source and maintain a favourable credit history.

To establish eligibility and complete the loan application procedure, applicants will be required to submit supporting documents. These documents may encompass proof of identification, such as a passport or driver's license, evidence of income such as pay stubs or tax returns, and bank statements to validate financial stability. Complying with the eligibility prerequisites and furnishing the necessary supporting documentation will contribute to a seamless and efficient car loan application process with Macquarie.

The step by step car loan application process

  1. Apply online: Submit your application online in a few simple steps. To be eligible, you must be 18 years or older and a permanent resident of Australia.
  2. Get a quick quote: Click on "Apply Online" and answer a few simple questions. Macquarie will provide a tailored quote with your interest rate and repayment details.
  3. Continue to apply online: Provide information about yourself, your desired car, your income, and your current financial obligations.
  4. Fast approval: Once you've submitted your application, a friendly car loan specialist will review it and contact you to answer any questions and guide you through the next steps.
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Macquarie is a trusted & reliable provider of car loans

In our review, Macquarie adheres to the compliance criteria in accordance with the National Consumer Protection Act, where the granting the loan will not cause financial distress to the consumer.

✅ Macquarie is a registered credit provider in Australia: ACL 237502

Customer Reviews & Testimonials

February 2019

Was great to hear that I could use my phone to make payments could not be happier.

Sarah P
— Perth —

April 2019

We use the Redi ATMs now that we are aware that we can save our money when we draw from those ATMs.

Daniel G
— Sydney —

May 2019

Love this company and I recommend them from helping to the app to everything Love you guys.

Shaun B
— Perth —

Macquarie Contact

Contact Number


  • not available


Physical Address

Opening Hours

  • Monday 08:00 – 17:00
  • Tuesday 08:00 – 17:00
  • Wednesday 08:00 – 17:00
  • Thursday 08:00 – 17:00
  • Friday 08:00 – 17:00
  • Saturday – Closed
  • Sunday – Closed