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- Driveaway Car Loan Fixed
Driveaway Car Loan Fixed
- $5k to $120k
- 1 to 7 years
- New or used car
- Fixed Rate
Interest rate p.a.
6.99%
Comparison rate* p.a.
7.13%
Driveaway Car Loan Fixed
- $5k to $120k
- 1 to 7 years
- New or used car
- Fixed Rate
Interest rate p.a.
6.99%
Comparison rate* p.a.
7.13%
Calculate your repayments for this loan
Your estimated repayment
$594
based on 30000 loan amount for 5 years at 6.99%
Pros and Cons
For Driveaway Car Loan Fixed
Benefits
- Lower than average rate
- No ongoing fees
- Application fees ranked in the lowest 20%
- No early exit penalty
- Flexible repayment options
- Can apply online
- Can apply in branch
- Suitable for both new or used car
Drawbacks
Police Bank Rate Car Loan overview
For Driveaway Car Loan Fixed
Details
Total repayments
$35,634
Interest rate type
Fixed
Borrowing range
$5k - $120k
Security type
Secured
Loan term
1 to 7 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Age of car
up to 7 years
Target Market Determination
Visit Police Bank to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
Instant approval
Time to funding
N/A
Fees
Upfront fee
$98
Ongoing Fee
$0
Missed payment penalty
$10
Early exit penalty fee
$0
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Other Restrictions
Car age up to 7 years old