The rating of the best interest rates under the unsecured car loans for purchase of a new car for 3 years31.10.2019

Bankchart.com.au has surveyed the terms of the offered unsecured car loans for purchase of a new car for 3 years in the national currency. Our website's analysts have studied the loan offers from all Australian banks. Review date - 31.10.2019

As of 21 September 2019 the loans under review have been offered by 7 banks.  The average comparison rate under such loans equals 11,36 % p.a. The total number of the loan programs available for the specified loan terms is 9.

The most affordable car loan is offered by National Roads and Motorists' Association. The comparison rate under "Car loan" loan program constitutes 6,39 % 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-7 unsecured car loans loan programs for purchase of a new car for 3 years, as of 21 September 2019

#

Bank

Interest Rate, %

1

6,39

interest rate, %

interest rate

6,39

one-time fees

no

periodic fees

no

advance from

0,00 %

2

8,49

interest rate, %

interest rate

8,49

one-time fees

$ 250,00

periodic fees

$ 12,00, monthly

advance from

0,00 %

3

9,99

interest rate, %

interest rate

9,99

one-time fees

no

periodic fees

no

advance from

0,00 %

4

10,99

interest rate, %

interest rate

10,99

one-time fees

$ 195,00

periodic fees

$ 7,50, monthly

advance from

0,00 %

5

11,79

interest rate, %

interest rate

11,79

one-time fees

$ 250,00

periodic fees

no

advance from

0,00 %

6

11,95

interest rate, %

interest rate

11,95

one-time fees

$ 125,00

periodic fees

no

advance from

0,00 %

7

12,69

interest rate, %

interest rate

12,69

one-time fees

$ 150,00

periodic fees

$ 10,00, monthly

advance from

0,00 %

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.