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- Car Loan
Car Loan
- Via broker
- $5k to $250k
- 1 to 7 years
- New or used car
Interest rate p.a.
6.99%
Comparison rate* p.a.
10.97%
Car Loan
- Via broker
- $5k to $250k
- 1 to 7 years
- New or used car
Interest rate p.a.
6.99%
Comparison rate* p.a.
10.97%
RateCity says
"Make unlimited extra repayments on this competitive fixed rate car loan, suitable for both new and used vehicles."
Calculate your repayments for this loan
$
Your estimated repayment
$396
based on 20000 loan amount for 5 years at 6.99%
Pros and Cons
For Car Loan
Benefits
- Lower than average rate
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Suitable for both new or used car
Drawbacks
- Service fee charged
- Higher than average application fee
- Cannot apply in branch
Car Clarity Rate Car Loan overview
For Car Loan
Details
Total repayments
$35,634
Interest rate type
Fixed
Borrowing range
$5k - $250k
Security type
Secured
Loan term
1 to 7 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Age of car
Target Market Determination
Visit Car Clarity 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
$350
Ongoing Fee
$8.25 Monthly
Missed payment penalty
$10
Early exit penalty fee
Fee Applies
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Other Restrictions
$6 one-off PPSR fee. $250 broker origination fee in addition to application fee. Early exit fee up to $750.
