The TOP - 19 secured car loans for the purchase of a new car for 7 years25.01.2021
Bankchart.com.au has surveyed the terms of the offered secured car loans for purchase of a new car for 7 years in the national currency. Our website's analysts have studied the loan offers from all Australian banks. Review date - 25.01.2021
As of 21 January 2021 the loans under review have been offered by 19 banks. The average comparison rate under such loans equals 7,98 % p.a. The total number of the loan programs available for the specified loan terms is 29.
The most affordable car loan is offered by Beyond Bank Australia. The comparison rate under "Low Rate Car Loan Special Offer" loan program constitutes 5,02 % 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-19 secured car loans loan programs for purchase of a new car for 7 years, as of 21 January 2021
#
Bank
Interest Rate, %
1
4,69
interest rate, %
interest rate
4,69
one-time fees
$ 200,00
periodic fees
$ 5,00, monthly
advance from
0,00 %
2
4,99
interest rate, %
interest rate
4,99
one-time fees
$ 250,00
periodic fees
no
advance from
0,00 %
3
4,89
interest rate, %
interest rate
4,89
one-time fees
$ 200,00
periodic fees
$ 5,00, monthly
advance from
0,00 %
4
5,45
interest rate, %
interest rate
5,45
one-time fees
$ 150,00
periodic fees
no
advance from
0,00 %
5
5,69
interest rate, %
interest rate
5,69
one-time fees
no
periodic fees
no
advance from
0,00 %
6
5,49
interest rate, %
interest rate
5,49
one-time fees
$ 477,50
periodic fees
no
advance from
0,00 %
7
5,79
interest rate, %
interest rate
5,79
one-time fees
$ 98,00
periodic fees
no
advance from
0,00 %
8
6,79
interest rate, %
interest rate
6,79
one-time fees
$ 250,00
periodic fees
no
advance from
0,00 %
9
6,99
interest rate, %
interest rate
6,99
one-time fees
$ 90,00
periodic fees
no
advance from
0,00 %
10
7,26
interest rate, %
interest rate
7,26
one-time fees
no
periodic fees
no
advance from
0,00 %
11
7,39
interest rate, %
interest rate
7,39
one-time fees
$ 195,00
periodic fees
$ 7,50, monthly
advance from
0,00 %
12
7,79
interest rate, %
interest rate
7,79
one-time fees
$ 175,00
periodic fees
$ 5,00, monthly
advance from
0,00 %
13
7,49
interest rate, %
interest rate
7,49
one-time fees
$ 250,00
periodic fees
$ 12,00, monthly
advance from
0,00 %
14
7,99
interest rate, %
interest rate
7,99
one-time fees
$ 299,00
periodic fees
$ 5,00, monthly
advance from
0,00 %
15
8,29
interest rate, %
interest rate
8,29
one-time fees
$ 195,00
periodic fees
no
advance from
0,00 %
16
8,39
interest rate, %
interest rate
8,39
one-time fees
$ 100,00
periodic fees
no
advance from
0,00 %
17
12,74
interest rate, %
interest rate
12,74
one-time fees
$ 195,00
periodic fees
$ 12,00, monthly
advance from
0,00 %
18
12,74
interest rate, %
interest rate
12,74
one-time fees
$ 195,00
periodic fees
$ 12,00, monthly
advance from
0,00 %
19
12,74
interest rate, %
interest rate
12,74
one-time fees
$ 195,00
periodic fees
$ 12,00, 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.
Published: 25 January 2021
Author: Prostobank Consulting
Source: https://bankchart.com.au