Pepper Money Car Loan

Since its establishment in 2000, Pepper Money has blossomed into an esteemed trailblazer, offering unparalleled financial solutions that empower Australians to seize the reins of their dreams.

With a steadfast commitment to understanding the realities of everyday life, Pepper Money has become one of the largest and most trusted non-bank lenders in Australia and New Zealand, receiving widespread recognition for their exceptional services.

A multifaceted approach to lending

Pepper Money is renowned for its diverse range of lending options, tailored to suit the unique needs of individuals. Whether it's securing a home, purchasing a car, financing equipment and assets, or seeking personal loans, they offer an extensive portfolio of real-life loan solutions.

A new era of financial institutions

As a non-bank lender, Pepper Money distinguishes itself from traditional financial institutions. Instead of relying on customer deposits, their loans are funded through debt capital markets, a groundbreaking approach that enhances their flexibility and adaptability. This innovative strategy is a testament to Pepper Money's commitment to finding new ways to support their customers' financial aspirations.

Pioneering sustainable finance solutions

Pepper Money is not content with just providing financial solutions; they're at the forefront of sustainable finance. Their industry-leading electric vehicle (EV) financing enables more Australians to embrace low-emission vehicles, with Pepper Money currently financing 1 in 9 EVs sold in the country.

As proud members of the EV Council of Australia, they actively promote the adoption of sustainable transportation. Furthermore, their commercial solar financing program makes solar panels and sustainable energy resources accessible and affordable, contributing to a greener future for all.

Empowering communities and making a difference

Pepper Money understands the significance of community engagement and social responsibility. Through strategic partnerships with organisations like Women's and Girls Emergency Centre (WAGEC) and Panthers on the Prowl, they actively contribute to addressing social issues.

By providing support and shelter to women experiencing homelessness, domestic violence, and other disadvantages, they empower individuals to rebuild their lives. Their involvement with Panthers on the Prowl fosters mentorship and provides better opportunities for young people in Western Sydney. These partnerships align with Pepper Money's core values and have a tangible, positive impact on their respective communities.

Collaboration for success

Pepper Money believes in the power of collaboration and partnership. Their dedicated network of brokers and asset finance introducers forms the backbone of their business, mutually supporting and expanding each other's horizons. Additionally, strategic alliances with third-party servicing providers ensure seamless back-end functionality, allowing Pepper Money to deliver exceptional service to its customers.

Empowering Australians and leading the way in reshaping financial goals

Pepper Money is a transformative force in the financial sector, revolutionising the way Australians approach their financial goals. With a multifaceted approach to lending, a commitment to sustainable finance, and a dedication to community engagement, they have positioned themselves as a leading non-bank lender.

With the aim of meeting diverse financial goals, Pepper Money provides a comprehensive range of loan terms spanning from 1 to 7 years.

This empowers borrowers to select a repayment period that aligns perfectly with their budgetary requirements and long-term financial objectives. Whether you seek shorter loan terms accompanied by higher monthly repayments or prefer longer terms with lower repayments, Pepper Money offers a variety of options tailored to suit their specific needs.

Seamless repayments for your convenience

Managing your Pepper Money car loan repayments should be hassle-free. With them, you can enjoy the convenience of making monthly repayments through direct debit from your Australian bank account. This ensures that your payments are always on time, allowing you to focus on enjoying your new car without worrying about missed payments.

Balloon payment options for added flexibility

To further customise your car loan, they offer the option of including a balloon payment. If you're purchasing a new car, a demo vehicle, or a car that's less than 1 year old, you can take advantage of this feature. Depending on the length of your loan term, the balloon payment percentage varies.

• For 1-3 year loan terms, it's 50%
• For a 4-year term, it's 45%
• For a 5-year term, it's 40%
• For loan terms of 6 years or more, there's no balloon payment.

This flexibility allows you to manage your repayments according to your financial preferences.

Transparent fees for clear budget planning

Pepper Money upholds a strong belief in transparency regarding fees, ensuring you have a comprehensive understanding of the costs associated with your car loan. To facilitate informed financial decision-making, Pepper Money openly discloses the applicable fees.

These encompass a loan establishment fee amounting to $474, an account administration fee of $8.90 per month, and a security registration fee totalling $6. By providing this upfront information, Pepper Money empowers you to effectively plan their budgets and make well-informed financial choices.

Competitive fixed interest rates for stability

When you choose a Pepper Money car loan, you'll benefit from a fixed interest rate of 8.29% p.a. (9.60% p.a. comparison rate). This means that your interest rate remains unchanged throughout the duration of your loan, providing you with stability and predictability in your repayments. With no surprises along the way, you can confidently budget for your car loan.

Lower repayments with deposit and balloon payment options

If you’re seeking to lower your ongoing repayments, Pepper Money presents two alternatives: making an upfront deposit or incorporating a balloon payment at the conclusion of the loan term. To assist you in assessing various scenarios and selecting the most suitable approach for their financial circumstances, Pepper Money’s car loan section offers a convenient repayment calculator.

This user-friendly tool empowers you to explore different options and determine the repayment structure that best aligns with their budgetary requirements. By providing the flexibility to adjust repayment arrangements, Pepper Money ensures that borrowers can discover a tailored solution that accommodates their specific financial needs.