Important disclosure

loans.com.au Pty Ltd

Used Car Loan (< 5 years) (Variable)

Real Time Rating™

  • $5k to $150k
  • 3 to 7 years
  • Variable Rate
  • Secured
Interest Rate

7.74%

p.a

Comparison Rate*

From

8.85%

p.a

Real Time Rating™
Tags
  • $5k to $150k
  • 3 to 7 years
  • Variable Rate
  • Secured
Interest Rate

7.74%

p.a

Comparison Rate*

From

8.85%

p.a

Calculate your repayments for this loan

$

Your estimated repayment

$605

based on $30,000 loan amount for 5 years at 7.74%

Pros and cons

For Used Car Loan (< 5 years)

Benefits

  • Unlimited extra repayments
  • 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 (< 5 years)

Details

Total repayments

Interest rate type

Variable

Borrowing range

$5k - $150k

Security type

Secured

Loan term

3 to 7 years

Secured by

Vehicle

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Age of car

up to 5 years

Target Market Determination

Visit loans.com.au Pty Ltd to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

redraw activation fee of $0

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. Required: Good credit history, stable employment history. Aus citizenship or PR.

Promoted car loans

Promoted

Lower Rate

Car Loan (Car > 5 Years)

Real Time Rating™
  • $3k to $50k
  • 1 to 5 years
  • Variable Rate
  • Secured
Interest Rate

9.74%

p.a

Comparison Rate*

9.95%

p.a

Promoted

Secured

Used Car Loan (Car < 10 Years)

Real Time Rating™
  • $1k to $80k
  • 0 to 7 years
  • Variable Rate
  • Secured
Interest Rate

10.70%

p.a

Comparison Rate*

11.35%

p.a

Promoted

Generic

New Car Loan

  • Via broker
  • $10k to $250k
  • 1 to 7 years
  • Fixed Rate
Interest Rate

From

6.52%

p.a

up to 18%

Comparison Rate*

From

6.95%

p.a