5 Ways You Can Use A Loan To Fix A Car

20th February 2025

Loans Advice

Ever been stranded with a car problem and wondered, ‘Can I get a loan to fix a car?’ A car repair loan is here to get you back on the road without breaking the bank. Problems with your vehicle can quickly snowball into more expensive fixes, so it’s best to get them sorted as soon as you can. Let’s explore how a loan can make unexpected vehicle repairs a whole lot easier.

 

Overview

  • 5 ways you can use a car repair loan
  • Car repair loans with Red Tree Finance

5 ways you can use a car repair loan

 

1. Engine Troubles

The heart of your vehicle, the engine, can occasionally meet unforeseen issues that leave you stranded and dealing with the scary reality of repair costs. From a faulty ignition to a malfunctioning fuel system, engine troubles demand immediate attention. Fast loans from Red Tree Finance provide car repair loans, so you can address complex engine problems without compromising your daily routines. This financial lifeline helps bring your engine back to life without immediately draining your savings.

2. Worn our brakes and tyres

Neglecting routine maintenance can lead to worn-out brakes and tyres, compromising not only your safety but also the longevity of your vehicle. Car repair loans can help you address these maintenance issues before they turn into something worse. Whether it’s replacing brake pads, fixing a leaking brake line, or investing in a new set of tyres, the right financial support keeps you rolling smoothly without delay.

3. Faulty transmission

Transmission issues are notorious for their high repair costs, and a malfunctioning transmission can bring your daily routine to a standstill. Personal loans are here to support the financial strain associated with fixing or replacing a faulty transmission. They provide you with the means to restore your vehicle’s transmission and regain control of your daily commute without the stress of overwhelming expenses.

4. Dead battery

Few things are more frustrating than a dead battery when you’re in a rush to get somewhere. Car repair loans extend to cover battery replacements and related electrical issues. With easy access to the right funds, you can stay powered up for the road ahead and confidently navigate those unexpected breakdowns.

5. Warning lights

One day your car’s fine, then the next your entire dashboard is lit up like a Christmas tree. The sudden sight of all those warning lights would put anyone into panic mode, especially when you start adding up the cost of fixing them all. Instant loans let you deal with them all at once, so you don’t have to let the problems spiral out of control. Whether it’s an issue with the anti-lock braking systems (ABS), airbags, or other critical components, securing a loan ensures that you can promptly consult a mechanic and take corrective measures without delay.

Car repair loans with Red Tree Finance

Your vehicle isn’t just a means of transportation; it’s an integral part of your daily life. When faced with unexpected repairs, Red Tree Finance offers accessible solutions through car repair loans. Our online loans are here to support you through these emergencies. With small loans from $2100, we’ll be your financial lifeline. Apply now or ask our friendly team for more information.

Frequently Asked Questions

Can I get a car repair loan with bad credit in Australia?

Yes, Red Tree Finance understands that credit histories vary. We consider various factors beyond credit scores, making it possible for individuals with less-than-perfect credit to apply for a car repair loan.

How long does it take to get approved for a car repair loan?

At Red Tree Finance, you can get approval for your loan on the same day! For our car repair loans, you can expect to get a decision back in 2 hours*.
*business hours

How do I know if I’m eligible for a car repair loan?

To apply for a cash loan up to $5000 at Red Tree Finance, you need to be:

  • 18 or older
  • Permanent Australian resident or valid visa holder
  • Own a vehicle in your name
  • Employed for at least 3 months

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The information provided in this blog is of a general nature and is provided without considering your specific objectives, financial situation, or needs. It is intended for informational purposes only and should not be relied upon as financial, investment, or other professional advice.

Before making any financial decisions or taking action based on the information presented, you are strongly encouraged to assess its appropriateness in light of your individual circumstances. Red Tree Finance does not intend to provide personalised financial advice, and you should seek independent financial, legal, tax, and other relevant advice tailored to your unique situation.

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WARNING: This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate. The above uses a comparison rate of 47% and upfront establishment fees of $420.

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