Your car. Your next opportunity.
Access financing against your vehicle, and keep driving while you repay.
Keep moving.
Unlock new possibilities.
Your vehicle can help you access funds for an important business or personal need. Keep using it while repaying according to your agreement.
What to have ready
- A vehicle you own, with its logbook
- Identification and income information
- Vehicle valuation and ownership verification
- An assessment of affordable repayments
This is a preparation guide. Aspire will confirm the documents and terms required for your application.
How a logbook loan works
Tell us what you need
Choose your loan and share a few details about your plans.
Get a personalised offer
Our team reviews your application and explains the costs and repayment terms.
Take your next step
Review and accept your agreement. Funds are released after the required checks.
Is a logbook loan right for you?
It suits a vehicle owner who needs capital but cannot stop driving. It tends to work best when the vehicle has a real market value, the instalment fits comfortably inside your monthly income, and you would rather use an asset you already own than take on unsecured borrowing.
What to weigh up
- You keep using the vehicle, and you keep paying for its insurance, service and fuel
- The vehicle stands as security, so missed repayments can lead to recovery action
- Compare the total repayment over the whole term, not just the monthly instalment
- Ask what happens if the vehicle is written off, sold or loses value
Can I still drive and sell my car?
You keep using the vehicle during the loan. Selling or transferring it before the facility is settled is not allowed without Aspire’s written agreement, because the vehicle secures the loan.
How is the loan amount worked out?
From the value of the vehicle and your ability to repay. A valuation and ownership verification are part of the assessment, and the confirmed figures appear in your personalised offer.
What happens at the end of the term?
Once the final instalment and any applicable costs are settled, the security is released and the logbook is returned to you. Ask for written confirmation of settlement.