The latest car loans news and tips
Some of the best new vehicle loans to get you on the road post-lockdown
If you’re considering purchasing a new vehicle and are seeking financing, you’ll want to ensure you do your research and choose the most competitive car loan option. RateCity has thankfully done the hard work for you with the RateCity Leaderboards.
Expert tips for car buying in lockdown, as new car sales continue to climb
New vehicle sales figures saw considerable growth in August, despite Covid-19 related lockdowns restricting access to showrooms in many states and territories.
TMD
Lower than average rate
No ongoing fees
From
5.35
% p.a
Fixed
5.65
3.36
$571
based on $30,000 loan amount for 5 years at 5.35%
Car loan sales up for July as interest in green vehicles grows
Despite many parts of Australia being pulled back into COVID-19-related lockdowns, demand for new vehicles continued to grow in July by 16.1% month-on-month, according to the FCAI.
Car loans on the rise as car sales boom in Australia
ABS figures show car finance loan commitments increased 4.7% in May 2021, while the FCAI reported strong results for new vehicle sales in June, with Toyota coming out on top once again.
NSW Government incentivises electric vehicle buyers and June’s top green car loans
This week’s announcement of the 2021-22 NSW Budget revealed new measures to support the take-up of electric vehicles (EVs).
How to get the best car loan rate before you visit the dealership
As our desire for a new set of wheels grows, Aussies looking to drive away in a new or used vehicle may be wondering what they can do to nab a competitive car loan rate. Here are RateCity’s tips for improving your chances of getting your best car loan.
New vehicle sales for April reach historic level
It would appear that demand for new vehicles is continuing to grow, with last month’s new vehicle sales figures reaching the highest level on record for the month of April.
Why a new car could save you money and April's top car loans
It’s no secret that used cars are a hot commodity in the car loan market right now, which is good news for sellers but less-than ideal for buyers. Before you hop in the drivers’ seat, it may be worth exploring the pros and cons of the affordability of both used and new cars.
Rising household wealth to drive more car purchases
More Australians have been buying motor vehicles and applying for car loans than at this time last year, with more money expected to be spent on cars in the year to come.
Some of the best car loans in March 2021
Planning a road trip over Easter? Want to finally go and visit those relatives you haven’t seen in what feels like more than a year? If you’re wanting a fresh set of wheels to hit the road, you may be in the market for a car loan.
Top rated car loans for December 2020
Those who have found themselves in the market for a new car are certainly not alone, as long-anticipated positive figures are revealed by the peak automotive industry body.
Australia’s top rated car loans for November 2020
New car sales experienced a decline for the 31st month in a row, but green shoots are beginning to appear in the Australian new vehicle market.
Car Loan
No early exit penalty
Flexible repayment options
Car Loan (New and Dealer Used) (< 5 years)
Gold Award Winner 2021
3.99
4.53
Interest rates ranked in the best 20%
Can apply online
3.96
4.74
5.57
3.87
Plenti Car Loan
4.89
5.44
3.69
