Low Rate Car Loan
- Via broker
- $2k to $2m
- 1 to 7 years
- New or used car
Interest rate p.a.
6.50%
up to 28%
Comparison rate* p.a.
7.74%
Low Rate Car Loan
- Via broker
- $2k to $2m
- 1 to 7 years
- New or used car
Interest rate p.a.
6.50%
up to 28%
Comparison rate* p.a.
7.74%
RateCity says
"Choose between a new or used car with this car loan, and avoid ongoing fees."
Calculate your repayments for this loan
$
Your estimated repayment
$391
based on 20000 loan amount for 5 years at 6.50%
Pros and Cons
For Low Rate Car Loan
Benefits
- Lower than average rate
- No ongoing fees
- Flexible repayment options
- Can apply online
- Suitable for both new or used car
- Fast time to funding
- Approval is instant
Drawbacks
- Higher than average application fee
- Cannot apply in branch
Driva Rate Car Loan overview
For Low Rate Car Loan
Details
Total repayments
$35,219
Interest rate type
Fixed
Borrowing range
$2k - $2m
Security type
Secured
Loan term
1 to 7 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Monthly, Fortnightly, Weekly
Age of car
Target Market Determination
Visit Driva to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
Instant approval
Time to funding
24 hours
Fees
Upfront fee
$350
Ongoing Fee
$0
Missed payment penalty
$0
Early exit penalty fee
$0
