Best Car Loans

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Best Car Loans

The bad news is – there is no such thing as the “best” car loan. The good news is – you can track down the “best” car loan for you by comparing some of Australia’s best car loans by interest rate, fees, features and loan repayments.

No two people have the same finances and requirements, so a car loan that appeals to you may offer nothing of value to your neighbour. That doesn’t mean there aren’t some great low rate car loans with your name on it.

To get to the bottom of this riddle you need to identify your particular needs and then start comparing car loan products on financial comparison websites, like the one you’ve landed on now, to find the best product for your needs.

A few things to consider when choosing a car loan is deciding on fixed or variable rates, looking at the cost of your repayments and finding out what fees you’ll be lumped with. These fees can include:

  • Application or establishment fees
  • Early repayment penalty fees
  • Late repayment charges
  • Ongoing fees

Some of Australia’s best car loans are listed side-by-side on RateCity, so kick into gear and make your “best” decision by comparing and researching some great deals below.

Updating your preferences
We've found 34 products that match your search

Show: 10 25 All Results

Company Product Advertised Rate Comparison Rate Application Fees Monthly Repayment Go To Site
Select up to 3 products to compare
IMB Car Loan (New) 7.33% Fixed 7.51% $125 $598.72 Go to Site
bankmecu goGreen Car- Fixed- ANCAP5+/ GHSE7+ 7.34% Fixed 7.55% $150 $598.87 Go to Site
ADCU New Car Loan 7.39% Variable 7.64% $150 $599.58 Go to Site
NRMA Car Loans Secured Car Loan 7.45% Fixed 7.88% $301.44 $600.43 Go to Site
RACV Car Loan 7.45% Fixed 7.88% $301.44 $600.43 Go to Site
Gateway Credit Union New Car Loan 7.69% Variable 7.9% $149 $603.86 Go to Site
CUA Vehicles <2yrs old +30k Fixed 7.99% Fixed 8.29% $120 $608.15 Go to Site
bankmecu goGreen Car - Var - ANCAP5+/ GHSE7+ 8.14% Variable 8.35% $150 $610.31 Go to Site
Suncorp Bank Secured Car Loans 8.35% Fixed 8.95% $175 $618.33 Go to Site
ANZ Online Secured Car Loan 8.69% Fixed 9.54% $350 $623.25 Go to Site
CUA Used Vehicle 2-5 yrs old Fixed 9.49% Fixed 9.79% $120 $629.91 Go to Site
bankmecu Personal Loan - Property Owners 9.64% Variable 9.86% $150 $632.12 Go to Site
NRMA Car Loans Secured Personal Loan - Used Car 9.45% Fixed 9.88% $301.44 $629.33 Go to Site
RACV Secured Personal Loan 9.45% Fixed 9.88% $301.44 $629.33 Go to Site
Gateway Credit Union Car Loan > 5yrs Old 10.39% Variable 10.61% $149 $643.19 Go to Site
BankSA Secured Fixed Personal Loan 9.99% Fixed 10.88% $195 $646.27 Go to Site
St.George Bank Secured Fixed Personal Loan 9.99% Fixed 10.88% $195 $646.27 Go to Site
Westpac Used Car Loan 9.99% Fixed 11.04% $250 $647.27 Go to Site
Westpac New Car Loan 9.99% Fixed 11.04% $250 $647.27 Go to Site
GE Money Car Loan Secured 10.85% Fixed 11.95% $295 $660.04 Go to Site
CUA Fixed Personal Loan 11.99% Fixed 12.17% $120 $667.19 Go to Site
ME Bank Personal Loan Fxd 12.99% Fixed 12.99% $0 $682.44 Go to Site
CUA Personal Loan Unsecured 12.99% Variable 13.17% $120 $682.44 Go to Site
Suncorp Bank Personal Loan-Unsecured 12.99% Fixed 13.58% $175 $687.44 Go to Site
BankSA Secured Variable Personal Loan 12.74% Variable 13.62% $195 $687.61 Go to Site

Showing 1 - 25 of 34 results

Show: 10 25 All Results

Data last updated April 19th, 2014

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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 secured 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. Comparison rates are not calculated for revolving credit products.

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.