There are a number of cheap car loans in Australia; the trick is to combine the right product for your situation with the best price.
By visiting a financial comparison site such as RateCity, you’ll be able to weigh up interest rates alongside fees and other features, so you'll know you’re getting the best loan for your circumstances at the best price.
If you need a few extra tips to help you make a decision about car loans in Australia, you may benefit from reading through our Car Loans Guide, which you can access at the top of this page.
The Guide is a useful resource for those of you in the market for your first car, a new car or even those of you looking to refinance. It will help to answer any of your questions about the type of loan you require, the amount you can afford to borrow and the features that will most benefit you. So go on; search, compare, apply!
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Monthly repayments are indicative and based on advertised rate, loan amount and selected payment frequency over nominated loan term. Rates shown are minimum available and may vary depending on your individual circumstances and loan amount.
The comparison rate is based on credit of $30,000 and a term of 5 years. WARNING: The comparison rate applies only to the example given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees and cost savings such as fee waivers are not included in the comparison rate but may influence the cost of the loan.
Consider whether this general financial advice is right for your personal circumstances. You may need financial advice from a qualified adviser. Read our detailed disclosure here.
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