New Car Loan
- $10k to $85k
- 1 to 5 years
- Fixed Rate
- Secured
Interest rate p.a.
8.99%
Comparison rate* p.a.
9.12%
New Car Loan
- $10k to $85k
- 1 to 5 years
- Fixed Rate
- Secured
Interest rate p.a.
8.99%
Comparison rate* p.a.
9.12%
Calculate your repayments for this loan
$
Your estimated repayment
$623
based on 30000 loan amount for 5 years at 8.99%
Pros and Cons
For New Car Loan
Benefits
- No ongoing fees
- Application fees ranked in the lowest 20%
- No early exit penalty
- Flexible repayment options
- Can apply online
- Can apply in branch
Drawbacks
- Limited to new cars
BankVic Rate Car Loan overview
For New Car Loan
Details
Total repayments
$37,356
Interest rate type
Fixed
Borrowing range
$10k - $85k
Security type
Secured
Loan term
1 to 5 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Age of car
Target Market Determination
Visit BankVic to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
Instant approval
Time to funding
N/A
Fees
Upfront fee
$90
Ongoing Fee
$0
Missed payment penalty
$0
Early exit penalty fee
$0
