RateCity
So you’re in the market to buy a car and are looking for cheap car loans, then you have come to the right place. That’s because at RateCity, you’ll be able to quickly and easily compare a range of low-cost loans to suit your circumstance.
If it’s cheap car loans that you’re after, then you’ll benefit from comparing interest rates as well as fees and other features.
For instance if you’re seeking a five-year, $30,000 loan and you compare two options with a difference in interest rate of just 2.5 percent, then you could potentially save more than $40 per month or $2,400 over the life of the loan by opting for the cheaper car loan.
Clearly, even a minor difference in rates can have a significant impact on the overall cost of the loan. So it pays to compare cheap car loans rather than opt for the first car loan you see.
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Monthly repayments are indicative and based on advertised rate, loan amount and selected payment frequency over nominated loan term.
The advertised and comparison rate is based on credit of $30,000 and a term of 5 years. 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.
