BankSA offers its customers competitive Car Loan rates by using the new car as security to keep rates as low as possible. With the choice between a fixed and variable loan, customers who enjoy more flexibility opt for the variable loan to take advantage of the redraw and extra repayment options.
Enjoy more freedom with your loan? Check out the cheapest variable car loans in the market.
Product Details
- Company
-
- Repayments
-
$718.62
monthly - Secured / Unsecured
- Unsecured
- Total Repayments
- $43,107.37
- Interest Rate
- 14.74%
- Comparison Rate
- 15.6%
- Rate Type
- Variable
- Application Fee
- $195
- Ongoing Fees
-
$9
per month - Early Repayment Penalty
- $150
- Missed Payment Penalty
- $9
- Encumberance/REVVS Check Fee
- $0
- Doc Release Fee
- $0
- Minimum Loan Amount
- $3,000
- Maximum Loan Amount
- $40,000
Product Features
No early exit penalty n
Will you be charged a fee for finalizing all loan repayments earlier than the agreed date, or for transferring to another company for the remaining life of the loan?
Extra repayments allowed y
Will this loan allow you to make additional repayments on top of the minimum amounts due each payment frequency?
Redraw Facility y
Whether this loan allows the option for you to redraw/take out excess funds
100% Loan Available y
Whether this loan offers a maximum loan-to-value-ratio (LVR) i.e. no deposit is required
RateCity