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- Used Car Loan (Fixed) (8+ years)
Used Car Loan (Fixed) (8+ years)
- $5k to $50k
- 3 to 5 years
- Fixed Rate
- Secured
Interest rate p.a.
12.79%
Comparison rate* p.a.
13.90%
Used Car Loan (Fixed) (8+ years)
- $5k to $50k
- 3 to 5 years
- Fixed Rate
- Secured
Interest rate p.a.
12.79%
Comparison rate* p.a.
13.90%
Calculate your repayments for this loan
$
Your estimated repayment
$453
based on 20000 loan amount for 5 years at 12.79%
Pros and Cons
For Used Car Loan (Fixed) (8+ years)
Benefits
- Flexible repayment options
- Can apply online
- Approval is instant
Drawbacks
- Service fee charged
- Higher than average application fee
- Cannot apply in branch
loans.com.au Rate Car Loan overview
For Used Car Loan (Fixed) (8+ years)
Details
Total repayments
$40,762
Interest rate type
Fixed
Borrowing range
$5k - $50k
Security type
Secured
Loan term
3 to 5 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Monthly, Fortnightly
Age of car
8 to 12 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.
