Rating based on 10 reviews

Plenti Car Loan

  • Car loans up to $100,000
  • Low-interest starting from 9.49%
  • Repayment up to 7 years

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Plenti homepage
Author Plenti. Screenshot of Plenti website.
[Accessed July 5, 2023]

About Plenti

The Plenti Group is a leading provider of automotive, renewable energy, and personal loans.

Their goal is to help creditworthy borrowers bring their ambitious ideas to life by offering fast and fair loans through innovative technology. Since their establishment in 2014, they’ve consistently grown their loan originations by diversifying their loan products, distribution channels, and funding sources, while maintaining exceptional credit performance.

Transforming dreams into reality

Pioneering smarter loans with cutting-edge technology

Plenti Group’s purpose is to turn big ideas into reality for their customers, partners, and team members. They achieve this by delivering on their vision of providing smarter and more efficient loans through cutting-edge technology. Their ultimate mission is to become Australia's top lender.

Record-breaking success: Plenti Group achieves astounding growth

Their key achievements for the fiscal year 2023 as of May 24th include successfully originated loans totalling $1.1 billion, marking a 3% increase from the previous year. Their total loan portfolio reached $1.8 billion, demonstrating an impressive growth rate of 36%. Their revenue soared to $143 million, a remarkable 62% increase compared to the prior year.

They take pride in their thriving ecosystem, which encompasses over 809 000 customer profiles. During FY23, they funded 44 027 loans, providing crucial financial support to individuals and businesses. The positive feedback speaks for itself, as they received 4 820 five-star reviews by March 1st, 2023.

How Plenti is breaking barriers

Paving the way for market leadership and robust profit expansion

Plenti Group's CEO, Daniel Foggo, attributes their profitable growth to their resilient business model driven by technology and their talented team. Despite facing challenges such as increased funding costs, they continue to differentiate themselves through their diverse range of products and expertise in customer reach, funding, and credit. They’re confident in their ability to gain further market share across all loan verticals and translate these gains into robust profit growth in the coming years.

They prioritise corporate governance to ensure transparency and accountability. They provide access to governance charters, policies, and other documentation that exemplify their commitment to integrity and compliance.

Steering success: Plenti’s esteemed board of directors guides strategic direction

The distinguished members of their board of directors play a crucial role in guiding Plenti Group's strategic direction. If you’re a shareholder, they offer a range of services to help you manage your holdings, review details, update preferences, and get in touch with them easily. They take pride in their accomplishments and are excited about the future as they strive to become Australia's premier lender.

Plenti Services

Plenti car loans’ low-rate secured options offer interest rates as low as 9.49% p.a. and no monthly or early repayment fees.

With a simple and personalised borrowing experience, you can find your interest rate within minutes and complete your application in under 10 minutes. Settle your loan in as little as 24 hours and hit the road in style.

Experience the power of a Plenti car loan for your dream ride

Elevate your journey with competitive rates, tailored terms, and hassle-free financing.

Plenti opens the door to a world of possibilities for your brand-new wheels. Elevate your ride and lifestyle with their secured car loans at highly competitive rates.

Here's what they offer:

  • Benefit from their car loans starting at an interest rate as low as 9.49% p.a., accompanied by a comparison rate of 10.06% p.a.
  • Enjoy interest rates tailored specifically to you and your new car. Discover your customised rate within minutes using their rate estimate tool.
  • They believe in transparency and simplicity. That's why they’ve eliminated monthly fees and early repayment fees, ensuring a hassle-free borrowing experience.
  • Borrow any amount between $5 000 and $125 000 to finance your dream car.
  • Choose a loan term that suits your requirements, ranging from 2 to 7 years.
  • Their streamlined process ensures that your loan gets settled swiftly, with an average settlement time of just 24 hours.
  • Say goodbye to cumbersome paperwork. Their smart and paperless borrowing experience guarantees a faster and fairer way to finance your new wheels.

Embrace the electric future with Plenti car loans’ EV loans

Plenti is your partner in turning your electric vehicle dreams into a reality. With their EV loans, you can enjoy competitive interest rates starting from 8.99% p.a., making it easier and more affordable to go green. They go beyond just financing your car, offering bundled add-ons like low-rate insurance and fast-charging solutions to meet all your EV needs. Plenti's EV loans feature no monthly fees, no early repayment fees, and zero emissions, aligning with your commitment to a cleaner environment.

Fixed-rate secured Plenti car loan

Their fixed-rate secured car loan offers a straightforward and reliable financing option for your vehicle purchase. The key attributes of their car loan include:

  • An application fee may apply, ensuring a smooth application process.
  • While ongoing account management fees may be payable, they strive to keep them competitive and transparent.
  • Enjoy the flexibility of making additional repayments without incurring any extra fees, empowering you to pay off your loan faster.
  • Please note that redraw facilities are not available for this car loan.

Plenti – Car loan

  • Loan Type Car loans
  • Interest Rate from 9.49%
  • Loan Amount up to $100,000
  • Repayment 3 years to 7 years

Benefits of Plenti

  • Personalised interest rates
  • Apply online in minutes
  • Simple 3-step application process

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.

Streamlined application process: Get on the road faster with a Plenti car loan

Applying for their low-rate secured car loans is a simple and efficient process, designed to get you on the road with ease.

Their hassle-free application process

  1. Get your rate: Discover your personalised interest rate within minutes using their rate estimate tool. It's quick and hassle-free, giving you an idea of what to expect.
  2. Apply in minutes: Their smart, paperless borrowing experience allows you to complete your car loan application in just a few minutes. Say goodbye to tedious paperwork and enjoy a streamlined process.
  3. Settle your loan: Once your application is approved, they'll work swiftly to settle your loan. With an average settlement time of 24 hours, you'll be ready to hit the road in no time.
  4. Funds are ready: Once your loan is settled, the funds will be readily available for you to purchase your new wheels.

Ready to hit the road? What you may need to apply for a Plenti car loan

  • Proof of identity (e.g., driver's license, passport)
  • Proof of income (e.g., pay stubs, bank statements)
  • Proof of residence (e.g., utility bill, rental agreement)
  • Vehicle details (e.g., registration papers, purchase contract)
  • Employment details (e.g., employer's contact information, employment verification)
  • Financial information (e.g., existing loan or credit card statements)
  • Personal references (e.g., names and contact information of individuals who can vouch for you)

Exploring the fascinating world of car loans in Australia

Car loans in Australia present a fascinating landscape for individuals looking to finance their dream cars. With a diverse range of options available, you have the opportunity to choose from secured car loans, unsecured car loans, and low-rate car loans, each offering its own set of benefits. Australia's car loan market is highly competitive, driving lenders to offer attractive interest rates to attract customers.

The market has witnessed a significant rise in the popularity of electric vehicle (EV) loans, with incentives such as discounted interest rates for EV financing. As the demand for EVs continues to grow, lenders are collaborating with organisations like the Clean Energy Finance Corporation (CEFC) to encourage greener and more sustainable transportation options.

With streamlined application processes, flexible loan amounts, and manageable loan terms, car loans in Australia provide you with the means to turn your car ownership dreams into reality while enjoying the freedom and convenience of your own wheels.

man holding thumbs up

Plenti is a trusted & reliable provider of car loans

In our review, Plenti 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.

✅ Plenti is a registered credit provider in Australia: ACL 449176

Customer Reviews & Testimonials

February 2023

Plenti offered competitive interest rates that were better than other lenders I had considered. The loan terms were flexible, and the repayment options suited my needs.

Oliver T
— Darwin —

March 2023

I had a positive experience with Plenti for my car loan. Their transparency throughout the process was commendable. They provided clear information about the loan terms, interest rates, and fees ...

David S
— Perth —

August 2022

Plenti has proven to be a trustworthy and professional car loan provider. Their team was knowledgeable and helpful throughout the entire process.

Priscilla A
— Canberra —

Plenti Contact

Physical Address

Postal Address

  • PO Box R745 Royal Exchange, NSW, 1225 , Australia

Opening Hours

  • Monday 09:00 – 17:30
  • Tuesday 09:00 – 17:30
  • Wednesday 09:00 – 17:30
  • Thursday 09:00 – 17:30
  • Friday 09:00 – 17:30
  • Saturday – Closed
  • Sunday – Closed