Pepper Money Car Loan – review 2026
Pros
- Considers non-conforming and self-employed applicants
- High maximum loan of AUD 150,000
- New and used vehicles up to 10 years old accepted
- ASX-listed lender with strong governance
- Terms up to 84 months
Cons
- Rates up to 18% p.a. for higher-risk credit profiles
- Fees vary and should be checked in the formal loan offer
- Comparison rate can be significantly above headline rate
- Vehicle must meet age and condition criteria
- Not the cheapest option for prime credit borrowers
Pepper Money Car Loan Review
Pepper Money is one of Australia's largest non-bank lenders with a specific focus on specialist lending including car finance. Car loans are available from AUD 5,000 to AUD 150,000 for new and used vehicles up to 10 years old, with terms from 12 to 84 months.
Rates range from 6.50% p.a. to 18.00% p.a. depending on applicant credit profile. Pepper's specialist credit assessment process considers self-employed applicants, those with credit impairments and borrowers with non-standard income, subject to responsible lending obligations.
Fees and Charges
Establishment fee and monthly fees apply depending on loan type. Pepper provides comparison rates as required by ASIC.
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 in Australia and meet lender age criteria
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.