Car Loan Interest Rates and Features
Don’t get hooked into a bad loan just because you’re hooked on a great car. Arm yourself with cash before you start hunting for your ideal wheels—that way you’ll already have your finance sorted and you’ll be able to bargain with confidence.
Don’t forget, you can also use a car loan from Aussie to get yourself a new or used caravan, trailer, scooter, motorcycle or boat.
Our car loan rates
Interest rates for our car loans are fixed—so you’ll know exactly what you need to spend each month. The actual rate you pay will depend on a number of things including your financial situation and credit history.
- Car rates start at 12.99% p.a.—the comparison rates start at 13.93% p.a.*
We’ll let you know the exact rate that applies to you once you apply for your loan and let us know some info about your income and expenses. Use our online application form to apply now.
Our fees
There are some fees you need to be aware of:
- You’ll pay an establishment fee of $199 only once, when you first get the loan.
- There’s a monthly admin fee of $10 which you’ll pay for the term of the loan.
- There’s also an early repayment fee, but you’ll only need to pay this if you pay-out your loan early. The amount will depend on when you pay out your loan.
Existing Aussie Home Loan customers can get a discount on the establishment fee. So if you have an Aussie Home Loan apply here to ensure you receive the discount.
The amount you can borrow
You can borrow up to any amount you want as long as you have the capacity to pay for it—and meet our normal lending criteria. The amount can’t be less than $3,000.
Your car loan repayments
You can make repayments monthly, fortnightly or weekly by Direct Debit.
While the loan is fixed, you can pay lump sums into your loan to reduce your loan term^.
Ready to apply for a car loan?
The online application is a breeze, and you should have an answer by the next working day. Apply now
If you’ve got any questions, give our car and personal loan team a call on 13 13 55.