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- Fixed Car Loan (with Low Emission Vehicle discount)
Fixed Car Loan (with Low Emission Vehicle discount)
- Special
- From $1k
- 0 to 7 years
- New or used car
- Fixed Rate
Special
Offset your car’s carbon emissions for the life of the loan
Interest rate p.a.
6.95%
Comparison rate* p.a.
6.95%
Fixed Car Loan (with Low Emission Vehicle discount)
- Special
- From $1k
- 0 to 7 years
- New or used car
- Fixed Rate
Interest rate p.a.
6.95%
Comparison rate* p.a.
6.95%
Calculate your repayments for this loan
$
Your estimated repayment
$593
based on 30000 loan amount for 5 years at 6.95%
Pros and Cons
For Fixed Car Loan (with Low Emission Vehicle discount)
Benefits
- Lower than average rate
- No ongoing fees
- No early exit penalty
- Flexible repayment options
- Can apply online
- Can apply in branch
- Green loan
- Suitable for both new or used car
Drawbacks
Bank Australia Rate Car Loan overview
For Fixed Car Loan (with Low Emission Vehicle discount)
Details
Total repayments
$35,600
Interest rate type
Fixed
Borrowing range
$1k - $100m
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 5 years
Target Market Determination
Visit Bank Australia Limited to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
Instant approval
Time to funding
N/A
Fees
Upfront fee
$0
Ongoing Fee
$0
Missed payment penalty
$15
Early exit penalty fee
$0
