Latitude Car Loan – review 2026

4,0 / 5

Latitude Financial Services offers secured car loans from AUD 5,000 to AUD 70,000 for new and used vehicles. Latitude is an ASX-listed consumer lender (ASX: LFS) holding Australian Credit Licence 392145.

Pros

ASX-listed lender with established brand recognition
Fixed rate provides repayment certainty
Terms up to 84 months
New and used vehicles accepted
Broad network of dealer partnerships

Cons

Rates from 8.99% p.a. higher than specialist car finance lenders
Monthly fee applies adding to total cost
Maximum AUD 70,000 lower than specialist car lenders
Comparison rate significantly above headline for short terms
Historical data breach may concern privacy-conscious applicants

Latitude Car Loan Review

Latitude Financial Services offers fixed-rate secured car loans from AUD 5,000 to AUD 70,000. The loan is secured against the vehicle, which provides the lender recourse in the event of default. Terms range from 24 to 84 months.

Rates range from 8.99% p.a. to 27.99% p.a. The lender is widely accessible and is a familiar brand in Australian consumer finance. All applications are assessed under ASIC's responsible lending guidelines.

Is a Latitude car loan secured or unsecured?

It's a secured loan — the vehicle itself is the security. That's typically why secured car finance like this can offer a lower rate than an unsecured personal loan used for the same purchase, though your actual rate within the 8.99%–27.99% p.a. range depends on your credit profile and the vehicle being financed.

Requirements

Australian citizen or permanent resident
Minimum age 18 years
Minimum income AUD 25,000 p.a.
100 points of ID required
Vehicle must be registered and roadworthy in Australia

Provider contacts

Website: https://www.latitudefinancial.com.au
Online application: Apply now →
Regulator: Australian Securities and Investments Commission (ASIC)

FAQ

What's the interest rate range on a Latitude car loan?

Rates range from 8.99% p.a. to 27.99% p.a. depending on your credit profile, loan amount and the vehicle being financed. Terms run from 24 to 84 months.

What happens if I default on a secured Latitude car loan?

Because the loan is secured against the vehicle, the lender has recourse to repossess it if you default — this is the trade-off for the typically lower rate compared to an unsecured personal loan.

Information in this review is based on publicly available sources and is for informational purposes only. Finatino.com is not a financial product broker. Before signing any contract, we recommend reading the provider's terms and conditions.