Car Loan Rates From 2.99%
Calculate Repayments & Compare Savings.
Calculate your car loans repayments and savings when switching your car loans from the Big 4 banks
Borrowers who have switched to smaller, more competitive lenders are saving hundreds of dollars every month. With rates well under 10% now, there’s no better time to switch. Compare your car loan rate against the latest deals:
Tip:By paying weekly, you are saving $95.
Product | Advertised Rate | Comparison Rate* | Company | Save by switching | Repayment | Upfront Fee | Go to site | ||
|---|---|---|---|---|---|---|---|---|---|
4.67% Fixed | 5.22% |  | $4.5k total savings | $129 based on $30,000 loan amount for 5 years | $400 | Drive away with a new set of wheels, without forking out ongoing fees. More details | Highlighted | ||
5.45% Fixed | 5.80% |  | $3.9k total savings | $132 based on $30,000 loan amount for 5 years | $250 | Buy a car less than 2 years old, pay no ongoing fees. Fixed repayments mean simpler budgeting, with no penalty for early repayment. More details | |||
From 5.19% Fixed | 6.02% |  | $4.1k total savings | $131 based on $30,000 loan amount for 5 years | $655 | Tech-savvy car buyers can apply for this digital lender online, and pay no ongoing fees or early repayment fees. More details | |||
From 4.45% Fixed | 4.93% |  | $4.7k total savings | $129 based on $30,000 loan amount for 5 years | $350 | Enjoy the freedom of choosing a new or used car, as well as the certainty of a fixed-rate car loan. More details | |||
From 4.47% Fixed | 5.28% |  | $4.7k total savings | $129 based on $30,000 loan amount for 5 years | $400 | More details | |||
From 5.50% Fixed | 5.85% |  | $3.9k total savings | $132 based on $30,000 loan amount for 5 years | $250 | More details | |||
12.45% Fixed | 13.32% |  | no savings | $155 based on $30,000 loan amount for 5 years | $150 | More details | |||
4.99% Fixed | 5.69% |  | $4.3k total savings | $130 based on $30,000 loan amount for 5 years | $499 | More details | |||
15.99% Variable | 16.84% | | no savings | $168 based on $30,000 loan amount for 5 years | $150 | More details | |||
3.97% Fixed | 4.51% | | $5.1k total savings | $127 based on $30,000 loan amount for 5 years | $400 | More details |
*How we came up with our estimates?
- Estimated savings are calculated by averaging the car loan interest rates from Australia’s big four banks; averaging the four lowest interest rates for personal loans available through RateCity; and comparing the cost difference when these average interest rates are applied to a $30,000 loan with a five term and monthly repayments.
- These estimated savings calculations were made on 8 March 2018.
- Estimated savings are not a guarantee or projection of future savings.
Nick Bendel
Property Personal Finance Writer
A property and personal finance writer, Nick Bendel covers property, loans, credit cards, superannuation, and other bank products. Nick has previously written for The Adviser, Mortgage Business, Lifehacker, Business Insider, Yahoo Finance, and InvestorDaily, and loves getting elbow-deep in the latest ABS, APRA and RBA data.