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  3. Woolworths Team Bank
  4. Used Car Loan

Used Car Loan

  • $2k to $60k
  • 0.5 to 6 years
  • Variable Rate
  • Secured

Interest rate p.a.

8.49%

Comparison rate* p.a.

8.89%

Used Car Loan

  • $2k to $60k
  • 0.5 to 6 years
  • Variable Rate
  • Secured

Interest rate p.a.

8.49%

Comparison rate* p.a.

8.89%

Calculate your repayments for this loan

$

Your estimated repayment

$410

based on 20000 loan amount for 5 years at 8.49%

Pros and Cons

For Used Car Loan

Benefits

  • No ongoing fees
  • No early exit penalty
  • Flexible repayment options
  • Can apply online
  • Can apply in branch

Drawbacks

  • Higher than average application fee

Woolworths Team Bank Rate Car Loan overview

For Used Car Loan

Details

Total repayments
Interest rate type

Variable

Borrowing range

$2k - $60k

Security type

Secured

Loan term

0.5 to 6 years

Secured by

Vehicle

Loan type

Is Fully Drawn Advance

Repayment frequency

Weekly, Fortnightly, Monthly

Age of car

1 to 2 years

Target Market Determination

Visit Woolworths Team Bank to view Target Market Determination.

Features

Extra repayments

Yes

Redraw facility

Instant approval

Time to funding

N/A

Fees

Upfront fee

$200

Ongoing Fee

$0

Missed payment penalty

$22

Early exit penalty fee

$0

Permitted Loan Purposes

New car

Used car

Motorcycle

Boat