Car Loans Leaderboard

Looking for the best-rated car loan offers on the market? Compare car loan ratings and see how we’ve ranked current Australian car loan products.

New car lender

The top-rated new car loans today. This only includes products new to the market within the past year. Assumes a secured $30,000 loan on a 60-month loan term.

Ranking
Product
Advertised Rate
Comparison Rate*
Company
Monthly repayment
Upfront Fee
Loan amount
Total repayments
1
1 position up today

From

5.19%

Fixed

5.46%

Wisr

$569

$195

$5k to $50k

2
1 position down today

From

5.50%

Fixed

5.85%

OurMoneyMarket

$573

$250

$2k to $75k

Green car loans

The top-rated car loans today for those borrowing to buy a new eco-friendly vehicle. Assumes a secured $30,000 loan on a 60-month loan term.

Ranking
Product
Advertised Rate
Comparison Rate*
Company
Monthly repayment
Upfront Fee
Loan amount
Total repayments
1
1 position down today

3.97%

Fixed

4.51%

loans.com.au

$552

$400

$5k to $100k

2
2 position up today

4.74%

Variable

5.01%

Transport Mutual Credit Union

$563

$199

From $5k

3
1 position down today

5.29%

Variable

5.56%

Bank First

$570

$195

From $10k

4
1 position down today

5.45%

Fixed

5.45%

Bank Australia

$572

$150

From $1k

5
5 position down today

6.75%

Variable

6.79%

Laboratories Credit Union

$591

$0

$1k to $50k

Car loan broker of the year

Today’s top-rated car loans offered by brokers. Assumes a secured $20,000 loan on a 36-month loan term.

Ranking
Product
Advertised Rate
Comparison Rate*
Company
Monthly repayment
Upfront Fee
Loan amount
Total repayments
1
1 position up today

From

3.99%

Fixed

5.08%

Credit Concierge

$552

$350

$10k to $150k

2
1 position down today

4.05%

Fixed

5.63%

Stratton

$553

$700

$10k to $250k

3
1 position down today

From

4.99%

Fixed

6.23%

360 Finance

$566

$0

From $5k

4
1 position down today

From

4.99%

Fixed

6.04%

CarLoans.com.au

$566

$399

$7.5k to $100k

Used car loans

The top-rated car loans today for those borrowing to buy a used vehicle two years and older. Assumes a secured $20,000 loan on a 36-month loan term.

Ranking
Product
Advertised Rate
Comparison Rate*
Company
Monthly repayment
Upfront Fee
Loan amount
Total repayments
1
1 position up today

From

4.40%

Variable

4.88%

ebroker.com.au

$558

$350

$5k to $150k

2
1 position up today

From

4.47%

Fixed

5.28%

Driva

$559

$400

$2k to $250k

3
1 position up today

4.65%

Fixed

4.99%

People's Choice Credit Union

$561

$250

$20k to $100k

4
1 position up today

4.67%

Fixed

5.22%

loans.com.au

$562

$400

$5k to $100k

5
1 position up today

4.69%

Fixed

4.96%

Police Credit Union

$562

$0

From $20k

New car loans

The top-rated car loans today for those borrowing to buy a new vehicle up to two years old. Assumes a secured $30,000 loan on a 60-month loan term.

Ranking
Product
Advertised Rate
Comparison Rate*
Company
Monthly repayment
Upfront Fee
Loan amount
Total repayments
1
1 position up today

From

3.99%

Variable

4.90%

Australian Military Bank

$552

$100

$4k to $80k

2
1 position up today

From

4.40%

Variable

4.88%

ebroker.com.au

$558

$350

$5k to $150k

3
1 position up today

From

4.47%

Fixed

5.28%

Driva

$559

$400

$2k to $250k

4
5 position up today

4.59%

Fixed

4.86%

MOVE Bank

$561

$195

$10k to $150k

5
1 position down today

From

3.85%

Variable

4.94%

Finance Ezi

$550

$350

$10k to $250k

The 2020 Home Loan Award Winners