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Citi car loans

Citibank allows borrowers to take out variable-rate or fixed-rate car loans to purchase either new or used vehicles. Car loans range from $5,000 to $75,000. Citibank does not charge monthly or annual fees. There are also no early payment or exit fees, so borrowers can make a lump sum repayment at any time. Citibank also offers banking services, credit cards, home loans, personal loans, insurance and wealth management. Citibank is part of Citigroup, one of the world’s largest financial services organisations. It started consumer operations in Australia in 1985.

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Why choose Citi

Benefits

  • No ongoing fees
  • No penalties for early payout

Drawbacks

  • Establishment fee charged
  • Minimum loan $5,000

Citi Car Loans

Car Loans calculator

Use our car loan calculator to see how much you’d have to repay under different borrowing scenarios.

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based on a $30,000 loan for 5 years at -

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^Words such as "top", "best", "cheapest" or "lowest" are not a recommendation or rating of products. This page compares a range of products from selected providers and not all products or providers are included in the comparison. There is no such thing as a 'one- size-fits-all' financial product. The best loan, credit card, superannuation account or bank account for you might not be the best choice for someone else. Before selecting any financial product you should read the fine print carefully, including the product disclosure statement, target market determination fact sheet or terms and conditions document and obtain professional financial advice on whether a product is right for you and your finances.