Car Loan
Advertised Rate
4.69%
Fixed
Comparison Rate*
4.69%
Upfront Fee
$499
Loan amount
$10k to $100k
Repayment
monthly over 5 years
Pros and Cons
Pros
- Features a low rate
- No early exit penalty
- Can apply online
- Suitable for both new or used car
Cons
- Monthly fee charged
- Application fee charged
- Requires security to be held
- Cannot apply in branch
- Has ongoing fees
RateSetter Car Loan Fees and Features
New Car | Missed Payment Penalty $25 |
Used Car | Redraw Activation Fee N/A |
Motorcycle | Repayment Type Fixed |
Boat | Loan Type Secured |
Upfront Fee $499 | Secured By Vehicle |
Early Exit Penalty Fee $0 | Available to 457 Visa Holders |
Borrowing range $10k - $100k | Redraw Facility |
Total repayments $33,713 | Extra Repayments |
Ongoing Fee $9 Monthly |