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- Great Southern Bank
- Secured Car Loan Fixed
Secured Car Loan Fixed
- 2024 Award Winner
- $3k to $100k
- 1 to 7 years
- New or used car
- Fixed Rate
Interest rate p.a.
6.49%
up to 15.04%
Comparison rate* p.a.
6.86%
Secured Car Loan Fixed
- 2024 Award Winner
- $3k to $100k
- 1 to 7 years
- New or used car
- Fixed Rate
Interest rate p.a.
6.49%
up to 15.04%
Comparison rate* p.a.
6.86%
RateCity says
"Drive away with a secured car loan offering a competitive interest rate, no ongoing fees and generous features."
Calculate your repayments for this loan
$
Your estimated repayment
$391
based on 20000 loan amount for 5 years at 6.49%
Pros and Cons
For Secured Car Loan Fixed
Benefits
- Lower than average rate
- No ongoing fees
- No early exit penalty
- Unlimited extra repayments and free redraw
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Can apply in branch
- Suitable for both new or used car
- Winner of Best Used Car Loans, RateCity Gold Awards 2024
Drawbacks
- Higher than average application fee
Great Southern Bank Rate Car Loan overview
For Secured Car Loan Fixed
Details
Total repayments
$35,211
Interest rate type
Fixed
Borrowing range
$3k - $100k
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
up to 7 years
Target Market Determination
Visit Great Southern Bank 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
$265
Ongoing Fee
$0
Missed payment penalty
$0
Early exit penalty fee
$0
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Other Restrictions
Max car age up to 7 years old
