Best Car Loan in Hong Kong 2026
Planning to purchase your dream car? Compare car loans in Hong Kong on MoneySmart now!
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We found 11 Personal Loans for you!
【Tax Season Flash Sales⚡HK$1,500 Cash regardless of approval 】
From 8 October until 14 October 2026, successfully apply WeLab Bank Personal Instalment Loan via MoneySmart promo code 「NLSMRT」to enjoy:
💰 HK$1,500 cash regardless of approval
⚠️ APR as low as 1.66%
🤑 Total rewards of up to HK$31,048
📝 Free and unlimited access to credit score assessments.
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To borrow or not to borrow? Borrow only if you can repay!
Valid till 14 Oct 2026
【MoneySmart Exclusive Extra Offers 🎊】Limited Time Flash Offer ⚡ Total rewards up to HK$32,688!
From now until 31 October 2026, customers successfully apply CNCBI $mart Plus Personal Installment Loan / CNCBI $mart Plus Personal Installment Loan - Debt Consolidation via MoneySmart and submit a complete online application form, can earn HK$800 cash rebate regardless of approval (automatically converted by 8,000 SmartPoints and will directly deposit into your FPS account)!
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From now to 31 October 2026, successfully apply and draw down with designated loan amount, can enjoy gift from MoneySmart up to HK$10,000 Apple Store Gift Card / ParknShop e-Voucher / Trip.com e-Vouchers. Also can earn up to HK$5,000 extra cash rebate on top of up to HK$16,888 cash rebate from the bank. Total rewards up to HK$32,688!
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To borrow or not to borrow? Borrow only if you can repay!
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Valid till 31 Oct 2026
🤑 【Tax Season Pit Stop — Citi Tax Loan Annualised Interest Rate as Low as 1.56% + Early Bird Rewards Worth Up to HK$21,300】
Tax season is here again — let MoneySmart help you make a Pit Stop for smarter cash flow planning! From 1 October to 11 October 2026, customers who successfully apply for and draw down a Citi Speedy Cash / Citi Tax Season Loan / Citi Card Debt Consolidation Loan via MoneySmart can enjoy total rewards worth up to HK$21,300!
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Submit all required loan documents and apply for a loan amount of HK$200,000 or above with a repayment tenor of 12 months or above to receive a HK$800 Cash Reward + HK$200 Apple Store Gift Card!
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✨ 【Upgraded Drawdown Rewards — Choose Up to HK$16,300 Cash / Vouchers, Dyson New Products or a 360° Drone】
New customers who successfully apply from 1 October to 11 October 2026 and successfully draw down the loan on or before 14 November 2026 can choose their favourite MoneySmart-exclusive reward: HK$16,300 Apple Store Gift Card / ParknShop e-Vouchers / HKTVmall e-Vouchers / Cash, or rewards worth up to HK$9,999, including a 360° drone.
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Valid till 11 Oct 2026
✨ HK$1,600 Application Bonus + Extra HK$200 Apple Store Gift Card 🍎
💰 HK$1,600 Cash Reward + extra HK$200 Apple Store Gift Card regardless of approval
⚡Up to HK$14,000 rewards upon loan amount of HK$300,001
💨 AI-Powered Ultra-Fast Processing – Get Cash Anytime, 24/7
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【📱Phone First, Work Later! HK$100K+ Worth of Prizes Up for Grabs🔥】
From 11 September 2026 (12:00 noon) to 11 October 2026 (11:59 pm), successfully apply for any designated product via MoneySmart and meet the eligibility requirements, you can participate in the "Phone First, Work Later" mini game on the campaign page ⏩ Top 100 Eligible Participants with the highest scores will win prizes worth over HK$100,000 in total, including iPhone Duo, iPhone 18 Pro Max, Apple Watch Ultra 4, and more! Visit the campaign page for details. T&Cs apply.
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Warning: You have to repay your loans. Don't pay any intermediaries.
Valid till 11 Oct 2026
【APR as low as 1.38%！】MoneySmart Exclusive - HK$1,500 Apple Store Gift Card 🍎 Regardless of Approval!
From 1 October to 31 October 2026 (both days inclusive), customers who successfully apply for Dah Sing Express Money Instalment Loan via MoneySmart, submit all required documents (including but not limited to a copy of the Hong Kong ID, proof of address, and proof of income), loan amount HK$200,000 or above, can receive HK$1,500 Apple Store Gift Card, regardless of approval.
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Successfully draw down the designated loan amount and get total rewards up to HK$28,500!
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To borrow or not to borrow? Borrow only if you can repay!
Valid till 31 Oct 2026
✨ HK$1,600 Application Bonus 💰
💰 HK$1,600 Cash Reward regardless of approval
⚡Up to HK$14,000 rewards upon loan amount of HK$300,001
💨 AI-Powered Ultra-Fast Processing – Get Cash Anytime, 24/7
Valid till 31 Oct 2026
【Tax Season Flash Sales⚡HK$1,500 Cash regardless of approval 】
From 8 October until 14 October 2026, successfully apply WeLab Bank Personal Instalment Loan via MoneySmart promo code 「NLSMRT」to enjoy:
💰 HK$1,500 cash regardless of approval
⚠️ APR as low as 1.66%
🤑 Total rewards of up to HK$31,048
📝 Free and unlimited access to credit score assessments.
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To borrow or not to borrow? Borrow only if you can repay!
Valid till 14 Oct 2026
【PrimeCredit Offer 🎉】From 1 September until 31 October 2026, enjoy up to HK$18,000 Cash Bonus upon successful application and drawdown of a designated loan amount via MoneySmart, including: PrimeCredit Fixed Loan / Balance Transfer Loan / Civil Servant & Professional Loan / Property Owner Personal Loan.
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⚡ APR as low as 1.18% ✨ No handling fee ✔️ No income proof required for loans of HK$100,000 or below. Online application with 24/7 instant approval and loan disbursement
Only applicable to eligible customers. For more loan and offer details, please visit the PrimeCredit website.
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All examples are for reference only. Final approval is subject to the applicant’s individual circumstances.
Warning: You have to repay your loans. Don't pay any intermediaries
Valid till 31 Oct 2026
【MoneySmart Exclusive】Up to HK$3,000 total reward upon drawdown for HK$30,000💰
During promotion period 2 October 2026 to 31 October 2026 (both dates inclusive), eligible new customers who successfully apply via MoneySmart for Promise Easy Loan / Promise No-doc Loan / Promise Debt Consolidation Loan can receive:
1️⃣ Drawdown for a designated loan amount, can receive HK$2,000 cash reward (automatically converted from SmartPoints and directly deposited into FPS account)
2️⃣ Apply online and receive an extra HK$1,000 shopping voucher ⬟ upon first drawdown of a designated loan amount
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⚡ No supporting documents required #｜ Instant online approval ⦿
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Warning: You have to repay your loans. Don't pay any intermediaries.
Valid till 31 Oct 2026
【October Exclusive Offer 🎊 Get up to a total of HK$20,600 rewards】
New customers successfully apply via MoneySmart and drawdown DBS Personal Instalment Loan can get up to HK$16,300 rewards + MoneySmart exclusive reward up to extra 43,000 SmartPoints!
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MoneySmart exclusive reward - up to extra 43,000 SmartPoints!
43,000 SmartPoints can fully redeem HK$4,300 cash vouchers or GoPro HERO13 Black Action Camera (Value: HK$3,200) or Apple Watch Series 11 (GPS) - 46mm (Value: HK$3,399). The Rewards Store has more options to choose from!
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To borrow or not to borrow? Borrow only if you can repay!
Valid till 31 Oct 2026
【PrimeCredit Offer 🎉】From 1 September until 31 October 2026, enjoy up to HK$18,000 Cash Bonus upon successful application and drawdown of a designated loan amount via MoneySmart, including: PrimeCredit Fixed Loan / Balance Transfer Loan / Civil Servant & Professional Loan / Property Owner Personal Loan.
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⚡ APR as low as 1.18% ✨ No handling fee ✔️ No income proof required for loans of HK$100,000 or below. Online application with 24/7 instant approval and loan disbursement
Only applicable to eligible customers. For more loan and offer details, please visit the PrimeCredit website.
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All examples are for reference only. Final approval is subject to the applicant’s individual circumstances.
Warning: You have to repay your loans. Don't pay any intermediaries
Valid till 31 Oct 2026
Disclaimer: At MoneySmart.hk, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, insurance company, service provider or specific product’s site. For any discrepancy in product information, please refer to the financial institution’s website for the most updated version. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.
Best Car Loan Rates in HK
| Car Loan | Lowest APR | Features |
|---|---|---|
| Citi Speedy Cash | 1.78% | Tenor up to 60 months |
| WeLend Personal Loan | 2.79% | No limitation on vehicle type, vehicle usage (private or commercial) and not taking hold of your vehicle license |
| DBS Personal Instalment Loan | 4.03% | Up to HK$20,600 reward |
| Promise Easy Loan | 1.12% | Loan calculates in daily interest |
Car Loan VS Personal Loan
To get yourself a new set of wheels while keeping your cash flow, applying for car loans can be the best strategy even if you are in a position to pay in full. In the past, car leasing may be the most common option, but with more car loans available, you have more choices than you thought! MoneySmart has summarised your available options when it comes to buying a car:
Car Loans
- The vehicle registration document will be kept by the car dealer
- Required to pay deposit upfront (applicable to rental)
- Required to purchase comprehensive insurance
- Restrictions on car types and ages
Personal Loans
- The final loan amount and interest rates will be affected by your credit scores
- Car buyers can keep the vehicle registration document
- No restrictions on car types and ages
Should I go for car loans or personal loans?
Used Car Loans
Car Loan FAQ
Is it wise to repay car loans earlier?
- It depends on the car loans that you have applied for. In general, you are required to pay an early repayment charge, which makes it unwise to repay earlier.
Should I buy a car with a personal loan?
- Buying a car in Hong Kong can cost a fortune from monthly repayment, insurance, maintenance fee, etc. If you don’t have enough funds to pay in full, it is wise to take off some financial pressure by taking out a loan with a low-interest rate to fund your purchase. A personal loan offers better flexibility when compared to car loans, you can also enjoy cash rebates for applying a personal loan through MoneySmart.
What documents are required to apply for car loans in Hong Kong?
- You are required to provide proof of identification, proof of residential address, bank statement and car buyer's purchase contract to apply for a car loan.
AI Summary
- Top car loan options in Hong Kong include Citi Speedy Cash (lowest APR 1.78%, up to 60 months tenor), WeLend Personal Loan (2.79%, no restrictions on vehicle type or use), DBS Personal Instalment Loan (4.03%, up to HK\$20,600 reward), and Promise Easy Loan (1.12%, loans calculated with daily interest).
- Car loans require the car dealer to keep the vehicle registration document, an upfront deposit, and comprehensive insurance; restrictions may apply to car type and age.
- Personal loans offer more flexibility—no car type or age restrictions, and the vehicle registration remains with the buyer. Rates and approval depend on your credit score.
- Car loans application is simple but less transparent on rates; personal loans offer greater transparency and sometimes cash rebates.
- Used cars are eligible for car loans with no age restrictions, but your credit score is a key approval factor.
- Applying for either loan may require proof of ID, address, bank statements, and (for car loans) the purchase contract. Early repayment charges may apply for car loans.
Why Choose MoneySmart?
MoneySmart is a trusted one-stop financial and insurance product comparison platform designed to save you time and money.
- Established Brand History: Founded in Singapore in 2009, the MoneySmart Group has evolved into a leading personal finance brand.
- Exclusive Offers from Official Partners: We partner with major banks in Hong Kong (such as Standard Chartered, HSBC, and Citibank), renowned insurance companies (such as Allianz, AXA, Starr, BlueCross and more), and top licensed brokerages to bring you exclusive offers.
- AI-Driven Personalized Recommendations: Through data analysis and smart matching, all users receive financial solutions tailored to their specific goals, rather than one-size-fits-all options.
- Clear Reward Tracking and Redemption Process: Our platform features a standardized reward redemption procedure backed by live customer service support, ensuring eligible users reliably receive their promised rewards.