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- Car Loan (Car 1-5 Years)
Car Loan (Car 1-5 Years)
- 2024 Award Winner
- $3k to $75k
- 1 to 5 years
- Variable Rate
- Secured
Interest rate p.a.
5.99%
Comparison rate* p.a.
6.20%
Car Loan (Car 1-5 Years)
- 2024 Award Winner
- $3k to $75k
- 1 to 5 years
- Variable Rate
- Secured
Interest rate p.a.
5.99%
Comparison rate* p.a.
6.20%
Calculate your repayments for this loan
$
Your estimated repayment
$580
based on 30000 loan amount for 5 years at 5.99%
Pros and Cons
For Car Loan (Car 1-5 Years)
Benefits
- Interest rates ranked in the best 20%
- No ongoing fees
- Application fees ranked in the lowest 20%
- No early exit penalty
- Unlimited extra repayments
- Flexible repayment options
- Can apply online
- Winner of Best Used Car Loans, RateCity Gold Awards 2024
Drawbacks
- Cannot apply in branch
Gateway Bank Rate Car Loan overview
For Car Loan (Car 1-5 Years)
Details
Total repayments
$34,791
Interest rate type
Variable
Borrowing range
$3k - $75k
Security type
Secured
Loan term
1 to 5 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Age of car
1 to 5 years
Target Market Determination
Visit Gateway Bank Ltd 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
$149
Ongoing Fee
$0
Missed payment penalty
$0
Early exit penalty fee
$0
