Switch and save with car loans from 2.85%
Discover your potential savings when switching your car loan from the big four banks. Calculate your repayments and view a range of competitive personal loan ofers today. With rates under 10%, there’s no better time to consider switching.
The result provided is an estimate only. Please read our for more information.
By switching, you could save from
total savings
Compare the following car loans and see how much you could save
Product | Advertised Rate  From 5.35 % p.a Fixed | Comparison Rate* 5.65 % p.a | Company | Save by switching $3,987 total savings | Repayment $132 based on $30,000 loan amount for 5 years at 5.35% | Upfront Fee $250 | Go to site |  Buying a new or second-hand car? Apply online today and enjoy no ongoing or early repayment fees. More details | Highlighted | |
Product | Advertised Rate From 4.74 % p.a Fixed | Comparison Rate* 5.57 % p.a | Company | Save by switching $4,491 total savings | Repayment $130 based on $30,000 loan amount for 5 years at 4.74% | Upfront Fee $595 | Go to site | Tech-savvy car buyers can apply for this digital lender online, and pay no ongoing fees or early repayment fees. More details | ||
Product | Advertised Rate From 4.89 % p.a Fixed | Comparison Rate* 5.44 % p.a | Company | Save by switching $4,367 total savings | Repayment $130 based on $30,000 loan amount for 5 years at 4.89% | Upfront Fee $249 up to $799 | Go to site | Lock in a competitive interest rate and no ongoing fees with this secured car loan available for new and demo vehicles. More details | ||
Product | Advertised Rate From 3.69 % p.a Fixed | Comparison Rate* 4.23 % p.a | Company | Save by switching $5,346 total savings | Repayment $126 based on $30,000 loan amount for 5 years at 3.69% | Upfront Fee $350 | Go to site | Enjoy the freedom of choosing a new or used car, as well as the certainty of a fixed-rate car loan. More details |
Calculator Assumptions and Disclaimers
- Calculations assume that details entered into calculator, including interest rates, do not change for the lifetime of the loan.
- Interest is calculated by compounding on the same frequency as the repayment selected, i.e. weekly, fortnightly or monthly.
- Months are assumed to be of equal length. However, given that some months are longer than others, interest charged by vary depending upon the month.
- One year is assumed to contain exactly 52 weeks or 26 fortnights. Thus, each year has 364 days.
This calculator is an estimate of how much you can save by switching to another car loan product based on your entered borrow amount, interest rate and loan term.
- The calculation rounds of the car loan repayment to the closest dollar value without decimals.
- All calculations are estimates only; there are no guarantees, pre-qualifcations or pre-approvals for borrowing. All results are based solely upon the data entered into the calculator.
- Your fnal loan repayments or borrowing amount will depend on your lender’s eligibility criteria, amongst other factors.
- Calculator does not include the cost of fees or other extra charges.
- Calculator does not account for changes to interest rates over time.
- This calculator is for information purposes only. Any advice is general and has not taken into account your personal circumstance.Read our full disclaimer.
Georgia Brown
Personal Finance Editor
Georgia Brown is a Personal Finance Editor and journalist for RateCity. Before venturing into the world of personal finance, she worked as a reporter for realestate.com.au and Smart Property Investment. She now works truly amongst personal finance, while also writing about other areas, such as sustainable finance and super.
