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 found 35 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
360 Finance Advantage Car Loan 6.33% Fixed 7.32% $399 $590.60 Go to Site
bankmecu goGreen Car- Fixed- ANCAP5+/ GHSE7+ 7.34% Fixed 7.55% $150 $598.87 Go to Site
IMB Car Loan (New) 7.33% Fixed 7.58% $175 $598.72 Go to Site
NRMA Car Loans Secured Car Loan 7.25% Fixed 7.76% $357.90 $597.59 Go to Site
RACQ New Car Loan 7.25% Fixed 7.76% $357.90 $597.59 Go to Site
RACV Car Loan 7.25% Fixed 7.76% $357.90 $597.59 Go to Site
Gateway Credit Union New Car Loan 7.69% Variable 7.90% $149 $603.86 Go to Site
bankmecu goGreen Car Loan Fixed =<7 yrs old 7.84% Fixed 8.05% $150 $606 Go to Site
IMB Personal Loan Secured 7.99% Fixed 8.24% $175 $608.15 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
bankmecu goGreen Car Loan Variable =<7Yrs 8.64% Variable 8.85% $150 $617.53 Go to Site
ANZ Online Secured Car Loan 8.69% Fixed 9.54% $350 $623.25 Go to Site
NRMA Car Loans Secured Personal Loan - Used Car 9.45% Fixed 9.97% $357.90 $629.33 Go to Site
RACV Secured Personal Loan 9.45% Fixed 9.97% $357.90 $629.33 Go to Site
RACQ Personal Loan (Secured) 9.95% Fixed 10.47% $357.90 $636.68 Go to Site
St.George Bank Secured Fixed Personal Loan 9.99% Fixed 10.88% $195 $646.27 Go to Site
Westpac New Car Loan 9.99% Fixed 11.04% $250 $647.27 Go to Site
Westpac Used Car Loan 9.99% Fixed 11.04% $250 $647.27 Go to Site
CUA Fixed Personal Loan 11.99% Fixed 12.17% $120 $667.19 Go to Site
CUA Personal Loan Unsecured 12.99% Variable 13.17% $120 $682.44 Go to Site
ME Bank Personal Loan Fxd 12.99% Fixed 13.21% $150 $682.44 Go to Site
Suncorp Bank Personal Loan-Unsecured 12.99% Fixed 13.58% $175 $687.44 Go to Site
nab Personal Ln Unsec Fixed 12.99% Fixed 13.86% $150 $692.44 Go to Site
nab Personal Ln Unsec Var 12.99% Variable 13.86% $150 $692.44 Go to Site

Showing 1 - 25 of 35 results

Show: 10 25 All Results

Data last updated August 20th, 2014

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.