Important disclosure

Bankwest

Secured Car Loan

Real Time Rating™

  • $10k to $100k
  • 3 to 7 years
  • New or used car
  • Fixed Rate
Interest Rate

8.99%

p.a

Comparison Rate*

From

9.33%

p.a

RateCity says

“Secure this fixed rate car loan with a new or used vehicle, and enjoy flexible repayment options.”

Real Time Rating™
Tags
  • $10k to $100k
  • 3 to 7 years
  • New or used car
  • Fixed Rate
Interest Rate

8.99%

p.a

Comparison Rate*

From

9.33%

p.a

Calculate your repayments for this loan

$

Your estimated repayment

$623

based on $30,000 loan amount for 5 years at 8.99%

Pros and cons

For Secured Car Loan

Benefits

  • Unlimited extra repayments
  • Flexible repayment options
  • Can apply online
  • Can apply in branch
  • Use the loan for any worthwhile purpose
  • Suitable for both new or used car

Drawbacks

  • Service fee charged

Bankwest Rate Car loan overview

For Secured Car Loan

Details

Total repayments

Interest rate type

Fixed

Borrowing range

$10k - $100k

Security type

Secured

Loan term

3 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 Bankwest to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $0

Instant approval

Time to funding

N/A

Fees

Upfront Fee

$0

Ongoing Fee

$5 Monthly

Missed Payment Penalty

$25

Early Exit Penalty Fee

Fee Applies

Permitted Loan Purposes

New Car

Used Car

Motorcycle

Boat

Other Restrictions

Government fees apply. Car value greater than $10000 or car age up to 7 years old. Early repayment fee applies if you close the loan within the first 2 years: $250 (within the first 12 mths) or $100 (13 to 24 months).

Promoted car loans

Promoted

Lower Rate

New Car Loan

  • Via broker
  • $10k to $250k
  • 1 to 7 years
  • Fixed Rate
Interest Rate

From

6.52%

p.a

up to 18%

Comparison Rate*

From

6.95%

p.a

Promoted

Secured

Used Car Loan

  • Via broker
  • $10k to $100k
  • 1 to 5 years
  • Fixed Rate
Interest Rate

From

6.80%

p.a

up to 24.99%

Comparison Rate*

From

7.56%

p.a

Promoted

Generic

New Car Loan

Real Time Rating™
  • $2k to $75k
  • 1 to 7 years
  • Fixed Rate
  • Secured
Interest Rate

6.57%

p.a

Comparison Rate*

7.19%

p.a