Important disclosure
RateCity says
“Get a new car loan for personal or business use with a competitive rate from some of Australia’s best bank and non-bank lenders. Must be a permanent resident or Australian citizen and over 18 years of age to qualify.”
From
6.29%
p.a
up to 24.99%
From
7.41%
p.a
Australian Credit Licence 511803Fees & charges apply
Calculate your repayments for this loan
Your estimated repayment
$973
based on $50,000 loan amount for 5 years at 6.29%
Pros and cons
For New Car Loan
Benefits
- Flexible repayment options
- Can apply online
- Can apply in branch
- Fast time to funding
Drawbacks
- Service fee charged
- Higher than average application fee
- Limited to new cars
Credit Concierge Rate Car loan overview
For New Car Loan
Details
Total repayments $58,404 | Interest rate type Fixed |
Borrowing range $10k - $300k | 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 Credit Concierge Pty Ltd to view Target Market Determination. |
Features
Extra repayments Yes | Redraw facility |
Instant approval | Time to funding 24 hours |
Fees
Upfront Fee $500 | Ongoing Fee $8.5 Monthly |
Missed Payment Penalty $25 | Early Exit Penalty Fee Fee Applies |
Permitted Loan Purposes
New Car | Used Car |
Motorcycle | Boat |
Other Restrictions
Must be gainfully employed and no pay day lending enquiries
How to apply
If you'd like to apply for this product or just get more information, follow the application process on Credit Concierge.