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- New Car Loan - Special (Fixed)
New Car Loan - Special (Fixed)
- $5k to $150k
- 3 to 5 years
- Fixed Rate
- Secured
Interest rate p.a.
6.99%
Comparison rate* p.a.
8.11%
New Car Loan - Special (Fixed)
- $5k to $150k
- 3 to 5 years
- Fixed Rate
- Secured
Interest rate p.a.
6.99%
Comparison rate* p.a.
8.11%
RateCity says
"Drive away with a new set of wheels, without forking out ongoing fees."
Calculate your repayments for this loan
Your estimated repayment
$495
based on 25000 loan amount for 5 years at 6.99%
Pros and Cons
For New Car Loan - Special (Fixed)
Benefits
- Lower than average rate
- Flexible repayment options
- Can apply online
Drawbacks
- Service fee charged
- Higher than average application fee
- Limited to new cars
- Cannot apply in branch
loans.com.au Rate Car Loan overview
For New Car Loan - Special (Fixed)
Details
Total repayments
$29,695
Interest rate type
Fixed
Borrowing range
$5k - $150k
Security type
Secured
Loan term
3 to 5 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Age of car
up to 1 years
Target Market Determination
Visit loans.com.au Pty Ltd to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
Instant approval
Time to funding
N/A
Fees
Upfront fee
$400
Ongoing Fee
$8 Monthly
Missed payment penalty
$0
Early exit penalty fee
Fee Applies
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Other Restrictions
Loan terms available up to 7 years and > 5 yrs will incur 0.50% interest rate loading. Required: Good credit history, stable employment history. Aus citizenship or PR.