Car Loan
- $10k to $100k
- 1 to 7 years
- New or used car
- Fixed Rate
Interest rate p.a.
6.49%
up to 12.99%
Comparison rate* p.a.
7.69%
Car Loan
- $10k to $100k
- 1 to 7 years
- New or used car
- Fixed Rate
Interest rate p.a.
6.49%
up to 12.99%
Comparison rate* p.a.
7.69%
Calculate your repayments for this loan
Your estimated repayment
$196
based on 10000 loan amount for 5 years at 6.49%
Pros and Cons
For Car Loan
Benefits
- Lower than average rate
- Flexible repayment options
- Can apply online
- Can apply in branch
- Suitable for both new or used car
- Approval is instant
Drawbacks
- Service fee charged
- Higher than average application fee
Westpac Rate Car Loan overview
For Car Loan
Details
Total repayments
$11,737
Interest rate type
Fixed
Borrowing range
$10k - $100k
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
up to 7 years
Target Market Determination
Visit Westpac Banking Corporation Ltd to view Target Market Determination.
Features
Extra repayments
Yes
Redraw facility
Instant approval
Time to funding
N/A
Fees
Upfront fee
$250
Ongoing Fee
$12 Monthly
Missed payment penalty
$15
Early exit penalty fee
$175 during first 2 years
Permitted Loan Purposes
New car
Used car
Motorcycle
Boat
Other Restrictions
Conditions, fees and charges apply
Promoted car loan products
New Car Loan
Real Time Rating™
$2k to $75k
1 to 7 years
Fixed Rate
Secured
Interest rate p.a.
6.57%
Comparison rate* p.a.
7.19%
Australian Credit Licence 488228
Product info
New 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%
Australian Credit Licence 364340
Product info
New Car Loan
Via broker
$10k to $300k
1 to 7 years
Fixed Rate
Interest rate p.a.
6.29%
up to 24.99%
Comparison rate* p.a.
7.41%
Australian Credit Licence 511803
Product info
New Car Loan - Home Owner Special
Real Time Rating™
$5k to $150k
3 to 7 years
Variable Rate
Secured
Interest rate p.a.
6.24%
Comparison rate* p.a.
7.36%
Australian Credit Licence 395219
Product info
Product data updated on 19 Apr 2024