loans.com.au - New / Demo Car loan - Special
Secured | Fixed
The loans.com.au New / Demo Car loan - Special offers a Fixed rate, Secured loan. The New / Demo Car loan - Special has comparison interest rates from 8.02% p.a. and advertised interest rates from 6.89% p.a. This product has a loan service charge of $8 per month. It also has a borrowing range of between $5,000 and $150,000 with a loan repayment term of between 3 and 7 years.
More loans.com.au New / Demo Car loan - Special details can be found below or visit loans.com.au to learn more or apply.
A loan with a loan type of Secured with an advertised rate of 6.89% p.a. and comparison rate of 8.02% p.a.
Advertised Rate
6.89% p.a. Fixed
Comparison Rate
8.02% p.a.
Loan Term
3 to 7 years
Borrowing Range
$5,000 to $150,000
Interest
Rate Type
Fixed
Advertised Rate
6.89% p.a.
Fixed
Comparison Rate
8.02% p.a.
Application Frequency
Monthly
Calculation Frequency
Daily
Loan Security
Loan Security
Secured
Secured By
Vehicle
Loan Terms
Loan Term
3 to 7
years
Borrowing Range
$5,000 to $150,000
Repayment
Monthly, Weekly, Fortnightly
Features
Redraw Available
No
Fees
Establishment Fee
$400
one off
Loan Service Fee
$8
per month
Early Repayment Fee
$700
per event
Who is the product designed for?
The retail clients for whom this product has been designed are individuals who:
- Consumers who want a car loan to purchase a new car
- Consumers who want a choice of fixed-rate principal and interest repayments with an option of a residual value/balloon payment
- Consumers who want the option of 3 to 7 year loan terms
- Consumers who want to save money with a low interest rate
Visit loans.com.au to view Target Market Determination Effective From: 2023-10-03.
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