Used Car Loan
- Via broker
- $10k to $250k
- 1 to 7 years
- Fixed Rate
Interest rate p.a.
6.52%
up to 18%
Comparison rate* p.a.
6.95%
Used Car Loan
- Via broker
- $10k to $250k
- 1 to 7 years
- Fixed Rate
Interest rate p.a.
6.52%
up to 18%
Comparison rate* p.a.
6.95%
Calculate your repayments for this loan
$
Your estimated repayment
$392
based on 20000 loan amount for 5 years at 6.52%
Pros and Cons
For Used Car Loan
Benefits
- Lower than average rate
- Flexible repayment options
- Can apply online
Drawbacks
- Service fee charged
- Higher than average application fee
- Cannot apply in branch
Stratton Finance Rate Car Loan overview
For Used Car Loan
Details
Total repayments
$35,236
Interest rate type
Fixed
Borrowing range
$10k - $250k
Security type
Secured
Loan term
1 to 7 years
Secured by
Vehicle
Loan type
Is Fully Drawn Advance
Repayment frequency
Weekly, Fortnightly, Monthly
Age of car
Target Market Determination
Visit Stratton Finance to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
Instant approval
Time to funding
N/A
Fees
Upfront fee
$482
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
Must have held a good credit history for the past five years, have not been declared bankrupt in the past seven years, must own property, be over 18 years and be an Australian Resident.
How to apply
If you'd like to apply for this product or just get more information, follow the application process on Stratton Finance.More details