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  4. Used Car Loan – No vehicle age limit – Excellent Credit

Used Car Loan – No vehicle age limit

  • $2k to $75k
  • 1 to 7 years
  • Fixed Rate
  • Secured

Interest rate p.a.

6.57%

up to 9.49%

Comparison rate* p.a.

7.19%

Used Car Loan – No vehicle age limit

  • $2k to $75k
  • 1 to 7 years
  • Fixed Rate
  • Secured

Interest rate p.a.

6.57%

up to 9.49%

Comparison rate* p.a.

7.19%

Calculate your repayments for this loan

$

Your estimated repayment

$392

based on 20000 loan amount for 5 years at 6.57%

Pros and Cons

For Used Car Loan – No vehicle age limit

Benefits

  • Lower than average rate
  • No ongoing fees
  • Flexible repayment options
  • Can apply online
  • Fast time to funding

Drawbacks

  • Higher than average application fee
  • Cannot apply in branch

Handy Finance Rate Car Loan overview

For Used Car Loan – No vehicle age limit

Details

Total repayments
Interest rate type

Fixed

Borrowing range

$2k - $75k

Security type

Secured

Loan term

1 to 7 years

Secured by

Loan type

Repayment frequency

Weekly, Fortnightly, Monthly

Age of car

Target Market Determination

Visit Handy Finance to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

Instant approval

Time to funding

24 hours

Fees

Upfront fee

$250

Ongoing Fee

$0

Missed payment penalty

$35

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat

Other Restrictions

"Be 18 years of age or older. Be a citizen or permanent resident of Australia. No outstanding or unpaid defaults. Have no history of bankruptcy, nor be party to court judgement. Not be in hardship with a different financial provider."