Which australian bank offers the best secured car loans for purchase of a new car for 5 years

Bankchart.com.au has surveyed the terms of the offered secured car loans for purchase of a new car for 5 years in the national currency. Our website's analysts have studied the loan offers from all Australian banks.

As of 16 May 2018 the loans under review have been offered by 22 banks.  The average comparison rate under such loans equals 8,49 % p.a. The total number of the loan programs available for the specified loan terms is 34.

The most affordable car loan is offered by Bank of Sydney. The comparison rate under "Car Loan" loan program constitutes 5,34 % p.a. The table below shows the best offers by each bank selected by Bankchart.com.au (in terms of costs) for the aforementioned terms.

The TOP -22 secured car loans loan programs for purchase of a new car for 5 years, as of 16 May 2018

To view the up-to-date rating of the car loans at our website, click here.

Reference:

Comparison Rate means quoted interest rate adjusted subject to non-recurring and periodical fee, if applicable.

Published: 17 May 2018

Source: http://bankchart.com.au



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