Fixed Rate Car Loans

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Fixed Rate Car Loans

Congratulations, you are one step closer to finding a great fixed rate car loan and driving off in your new car. Before you take the plunge make sure you use the RateCity car loan comparison page to search and compare some of Australia’s most competitive fixed rates.

Fixed rate car loans are an appealing option for the budget conscience borrower who wants the stability of knowing their repayments will not change over the course of the loan.

Unlike a variable rate, which follows the Reserve Bank cash rate and can be changed at any time by the lender, a fixed rate car loan allows you to set the interest rate with your lender at the beginning of the loan term and will not change.

The downside to fixing your loan is in the case of an interest rate fall, as the lower interest rates will not be passed onto you. But this would be a plus in the case of an interest rate rise which, likewise, won’t affect your agreed fixed rate.

But you will most likely pay a little extra for the stability of a fixed rate car loan as fixed interest rates are generally higher than variable rates.

Rev up your research before you decide on a fixed rate by comparing Australian car loans, side-by-side, in the table 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
My Credit Union New Car Loan <3 yrs old 7.25% Variable 7.46% $150 $597.59 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
bankmecu goGreen Car Loan Variable =<7Yrs 8.64% Variable 8.85% $150 $617.53 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
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 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
CUA Fixed Personal Loan 11.99% Fixed 12.17% $120 $667.19 Go to Site
bankmecu Personal Loan 12.64% Variable 12.86% $150 $677.08 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
GE Money Personal Loan 11.99% Fixed 13.22% $250 $680.19 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

Showing 1 - 25 of 35 results

Show: 10 25 All Results

Data last updated July 28th, 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.