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  4. Car Loan (Car < 3 Years)

Car Loan (Car < 3 Years)

  • $10k to $150k
  • 0 to 7 years
  • New or used car
  • Variable Rate

Interest rate p.a.

7.79%

Comparison rate* p.a.

8.00%

Car Loan (Car < 3 Years)

  • $10k to $150k
  • 0 to 7 years
  • New or used car
  • Variable Rate

Interest rate p.a.

7.79%

Comparison rate* p.a.

8.00%

Calculate your repayments for this loan

$

Your estimated repayment

$605

based on 30000 loan amount for 5 years at 7.79%

Pros and Cons

For Car Loan (Car < 3 Years)

Benefits

  • No ongoing fees
  • Lower than average application fees
  • No early exit penalty
  • Flexible repayment options
  • Can apply online
  • Can apply in branch
  • Suitable for both new or used car

Drawbacks

    Qudos Bank Rate Car Loan overview

    For Car Loan (Car < 3 Years)

    Details

    Total repayments
    Interest rate type

    Variable

    Borrowing range

    $10k - $150k

    Security type

    Secured

    Loan term

    0 to 7 years

    Secured by

    Vehicle

    Loan type

    Is Fully Drawn Advance

    Repayment frequency

    Weekly, Fortnightly, Monthly

    Age of car

    up to 3 years

    Target Market Determination

    Visit Qudos Mutual Limited T/A Qudos Bank to view Target Market Determination.

    Features

    Extra repayments

    Yes

    Redraw facility

    Instant approval

    Time to funding

    N/A

    Fees

    Upfront fee

    $150

    Ongoing Fee

    $0

    Missed payment penalty

    $0

    Early exit penalty fee

    $0

    Permitted Loan Purposes

    New car

    Used car

    Motorcycle

    Boat

    Other Restrictions

    Motor vehicle age up to 3 years old