loans.com.au - Used Car Loan
Secured | Fixed | Vehicle age <5 Years, Dealership or Private sale
The Used Car Loan from loans.com.au offers a borrowing range of between $5,000 and $150,000. It also has advertised interest rates from 7.69% p.a. and repayment terms of between 3 and 7 years. The loans.com.au Used Car Loan is a Fixed rate, Secured loan with comparison rates from 8.80% p.a. The early repayment fee with this loan will be $700.
More loans.com.au Used Car Loan details can be found below or visit loans.com.au to learn more or apply.
An advertised rate of 7.69% p.a. and comparison rate of 8.80% p.a. The loan type will be Secured.
Advertised Rate
7.69% p.a. Fixed
Comparison Rate
8.80% p.a.
Loan Term
3 to 7 years
Borrowing Range
$5,000 to $150,000
Interest
Rate Type
Fixed
Advertised Rate
7.69% p.a.
Fixed
Comparison Rate
8.80% p.a.
Application Frequency
Monthly
Calculation Frequency
Daily
Loan Security
Loan Security
Secured
Secured By
Car
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
$500
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 used car or refinance their current car loan
- 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 years 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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