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  4. Driveaway Car Loan Fixed

Driveaway Car Loan Fixed

  • $5k to $120k
  • 1 to 7 years
  • New or used car
  • Fixed Rate

Interest rate p.a.

6.99%

Comparison rate* p.a.

7.13%

Driveaway Car Loan Fixed

  • $5k to $120k
  • 1 to 7 years
  • New or used car
  • Fixed Rate

Interest rate p.a.

6.99%

Comparison rate* p.a.

7.13%

Calculate your repayments for this loan

$

Your estimated repayment

$396

based on 20000 loan amount for 5 years at 6.99%

Pros and Cons

For Driveaway Car Loan Fixed

Benefits

  • Lower than average rate
  • No ongoing fees
  • Application fees ranked in the lowest 20%
  • No early exit penalty
  • Flexible repayment options
  • Can apply online
  • Can apply in branch
  • Suitable for both new or used car

Drawbacks

    Bank of Heritage Isle Rate Car Loan overview

    For Driveaway Car Loan Fixed

    Details

    Total repayments
    Interest rate type

    Fixed

    Borrowing range

    $5k - $120k

    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 Bank of Heritage Isle to view Target Market Determination.

    Features

    Extra repayments

    Yes

    Redraw facility

    Instant approval

    Time to funding

    N/A

    Fees

    Upfront fee

    $98

    Ongoing Fee

    $0

    Missed payment penalty

    $10

    Early exit penalty fee

    $0

    Permitted Loan Purposes

    New car

    Used car

    Motorcycle

    Boat

    Other Restrictions

    Car age up to 10 years old