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Nissan vehicle loans

See a list of the top Nissan car loans

Updated: 01.09.2026

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Quick Rates Review

Compare top financial options at a glance. Comprehensive analysis for each listed offer is available further down the page

Institution

Rate (APR/APY)

Sum & Term

Commonwealth Bank (CBA)

5.79% - 10.79%

$4,000 - $120,000

365 - 2555 days

Great Southern Bank

5.99% - 19.99%

$5,000 - $100,000

365 - 2555 days

NAB

5.99% - 12.79%

$10,000 - $100,000

365 - 2555 days

Bank of Melbourne

6.49% - 12.99%

$10,000 - $130,000

365 - 2555 days

Westpac Bank

6.49% - 12.99%

Flexible Amount

Flexible Term

NAB

6.74% - 13.54%

$10,000 - $100,000

365 - 2555 days

ANZ Bank

7.49% - 19.99%

$5,000 - $50,000

365 - 2555 days

Quick Expert Insights

Interest Rates

Average:6.43%

Range:5.79% - 19.99%

Product Term

Minimum: 1 year

Maximum: 7 years

Limit / Amount

Min Entry:$4,000

Max Limit:$130,000

Analysis of 7 offers shows an average rate of 6.43%, with the absolute market maximum reaching 19.99%. Flexible terms from 1 year are available at Commonwealth Bank (CBA), while Commonwealth Bank (CBA) offers terms up to 7 years . The lowest entry is $4,000 (via Commonwealth Bank (CBA)).

Full Products Review

In-depth analysis of available financial offers. Compare detailed terms and explore expert insights to choose the most suitable option for your needs.

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ANZ Bank

A personal loan for a car

Rate: 7.49% - 19.99%

Sum: $5,000 - $50,000

Term: 1 years - 7 years

💰 Fees & Rates

$150 loan approval fee
$10 monthly loan administration charge, debited every three months until the loan is closed in ANZ systems
$20 late payment fee if a repayment is 5 days late or more, plus a further $20 each month until repayments are up to date
Early repayment charges may apply on fixed rate loans if you make early or additional payments, repay the loan early, or increase the loan amount

📋 Important Terms

Unsecured personal loan; no car or other asset is required as security
Borrowing amount from $5,000 to $75,000
Loan term from 1 to 7 years
Fixed rate and variable rate options available
Variable rate loans allow early or extra repayments without additional costs and include redraw access
Same-day cash may be available if approved in branch by midday, Monday to Friday
Eligibility includes being 18 or older, earning at least $15,000 per annum, and holding Australian citizenship, permanent residency, or a valid visa

💡 Adviser’s Tip

Olesya Krasavtseva Analytic & Editor at Prostobank Consulting

The main advantage is flexibility: ANZ combines a relatively wide borrowing range, 1-to-7-year terms, and a variable option with fee-free extra repayments and redraw, while also offering same-day cash in branch for approved applicants. The main drawback is cost, because the loan carries an approval fee, an ongoing administration charge, and potentially meaningful early repayment charges on the fixed-rate version. Compared with Big Five personal loans, ANZ is broadly in line on structure because RBC, TD, Scotiabank and CIBC also offer fixed or variable personal loans, but ANZ stands out for the same-day branch funding feature; CIBC and Scotia emphasize no-penalty repayment flexibility, while RBC and TD keep similar fixed/variable flexibility with different term and amount caps. This product fits borrowers who want a car loan with predictable payments or flexible redraw, and who value speed and convenience more than the absolute lowest fees.

📍 View official contacts for ANZ Bank

Bank of Melbourne

Car Loan

Rate: 6.49% - 12.99%

Sum: $10,000 - $130,000

Term: 1 years - 7 years

💰 Fees & Rates

$15 monthly loan account fee
$6 PPSR fee (government fee for secured loans)
$0 lending establishment fee (excluding government charges)
$150 early repayment discharge fee (within first 12 months)
$100 discharge fee (after 12 months before loan term ends)

📋 Important Terms

Fixed interest rate loan
Loan term from 1 to 7 years
No balloon payment required
Extra repayments allowed with no additional fee
Interest rate depends on vehicle value and credit assessment
Higher approval chances for existing customers (6+ months relationship)

💡 Adviser’s Tip

Olesya Krasavtseva Analytic & Editor at Prostobank Consulting

This loan stands out with its relatively low starting rate and no fee for extra repayments, which is a strong advantage compared to many Big Five banks like RBC or TD that often limit flexibility or charge penalties. However, the monthly account fee slightly increases the overall cost, which some competitors (like BMO or Scotiabank) may waive. This product is best suited for borrowers seeking predictable repayments and flexibility to pay off their loan faster without penalties, especially those with an existing relationship with the bank.

📍 View official contacts for Bank of Melbourne

Commonwealth Bank (CBA)

Secured Fixed Rate Car Loan

Rate: 5.79% - 10.79%

Sum: $4,000 - $120,000

Term: 1 years - 7 years

💰 Fees & Rates

Establishment fee: 0 AUD (limited time promotional offer, normally 250 AUD) Monthly loan service fee: 15 AUD Early repayment fee may apply

📋 Important Terms

Loan must be secured against the vehicle being purchased EV Access Program (EVAP) provides a special rate for essential workers or applicants with a gross income under 100000 dol Eligible electric or plug-in hybrid vehicles under EVAP must be valued up to 55000 dol CommBank Yello customers can receive up to 400 dol cashback Additional repayments are permitted but are subject to an early repayment adjustment

💡 Adviser’s Tip

Olesya Krasavtseva Analytic & Editor at Prostobank Consulting

The Secured Fixed Rate Car Loan offers significant financial benefits, with its primary advantage being highly competitive discounted rates for electric vehicles and essential workers. The main disadvantage is that the vehicle is encumbered as collateral and early repayment penalties apply if you want to clear the debt early. Compared to secured auto loans from ANZ or NAB, CommBank delivers superior cashback incentives and proactive green vehicle discounts. This product is best suited for eco-conscious buyers with a clear, eligible vehicle choice who want predictable, low-rate monthly repayments.

📍 View official contacts for Commonwealth Bank (CBA)

Great Southern Bank

Car loan

Rate: 5.99% - 19.99%

Sum: $5,000 - $100,000

Term: 1 years - 7 years

NAB

NAB Car Loan

Rate: 6.74% - 13.54%

Sum: $10,000 - $100,000

Term: 1 years - 7 years

💰 Fees & Rates

Loan establishment fee: 350 AUD (waived for customers applying for the purpose of refinancing) Loan service fee: 15 AUD per month Late payment fee: 7 AUD per week Exit fee: 0 AUD

📋 Important Terms

The vehicle must be used as security for the loan Applicant must be an existing personal NAB customer registered for Internet Banking and aged 21 years or older Must be receiving a regular income and be an Australian/NZ citizen or Australian Permanent Resident Used vehicles must be no more than 12 years old at application and 15 years old at the end of the term (motorbikes, caravans, and vehicles over 4.5 tonnes are excluded) Available to sole borrowers only No redraw facility is available from extra funds

💡 Adviser’s Tip

Olesya Krasavtseva Analytic & Editor at Prostobank Consulting

The NAB Car Loan, powered by fintech partner Plenti, provides a highly streamlined and digital-first borrowing experience. Its standout advantage is the ability to obtain a personalized rate quote without impacting your credit score, paired with zero exit fees for early payouts. The main disadvantage is its restrictive eligibility: it strictly requires applicants to be existing NAB customers aged 21 or older and does not accommodate joint applications. When compared to traditional secured car loans from Commonwealth Bank, Westpac, or ANZ, NAB leverages Plenti's technology to deliver a faster, paperless approval process. This loan is best suited for individual, existing NAB customers seeking a reliable secured loan for a new or qualifying used vehicle with the flexibility to pay it off early penalty-free.

📍 View official contacts for NAB

NAB

NAB Car Loan for an electric vehicle

Rate: 5.99% - 12.79%

Sum: $10,000 - $100,000

Term: 1 years - 7 years

💰 Fees & Rates

Loan establishment fee: 350 AUD (waived for customers applying for the purpose of refinancing) Loan service fee: 15 AUD per month Late payment fee: 7 AUD per week Exit fee: 0 AUD

📋 Important Terms

Provides a 0,75% p.a. interest rate discount specifically for eligible all-electric and plug-in hybrid cars The vehicle must be used as security for the loan Applicant must be an existing personal NAB customer registered for Internet Banking and aged 21 years or older Available to sole borrowers only No redraw facility is available from extra funds

💡 Adviser’s Tip

Olesya Krasavtseva Analytic & Editor at Prostobank Consulting

The NAB Car Loan for an electric vehicle is specifically designed to incentivize sustainable transport choices. Its primary advantage is the built-in 0,75% p.a. interest rate discount compared to standard NAB car loans, significantly lowering the total cost of borrowing for EV buyers. The main drawback is the ongoing 15 AUD monthly service fee, which slightly offsets the interest savings over a 7-year term. Compared to green auto loans from other Big Four banks, NAB offers a remarkably fast funding turnaround—typically within one business day—thanks to its partnership with Plenti. This product is ideal for environmentally conscious, existing NAB customers who are purchasing a qualifying electric or plug-in hybrid vehicle and desire a fast, digital application process.

📍 View official contacts for NAB

Westpac Bank

Westpac Car Loan

Rate: 6.49% - 12.99%

💰 Fees & Rates

Redraw fees may apply depending on the specific loan agreement Early repayment fees may apply if the loan is paid off before the end of the contracted term

📋 Important Terms

Vehicle eligibility: Specifically designed for petrol, diesel, and LPG cars Rate modeling: Comparison rates are calculated based on a standard loan amount of 30000 AUD over a 5-year term Personalized pricing: The final interest rate assigned depends heavily on the individual applicant's credit score and profile

💡 Adviser’s Tip

Olesya Krasavtseva Analytic & Editor at Prostobank Consulting

The Westpac Car Loan provides a straightforward financing route for traditional internal combustion engine vehicles. Its primary advantage is the certainty of a fixed interest rate starting from 6,49% p.a., which locks in your repayment amounts and protects against market fluctuations. The main disadvantage is the risk of incurring early repayment penalties if you choose to clear your debt ahead of schedule, and rates that can climb to 12,99% p.a. for less ideal credit profiles. Compared to the standard car loan offerings from Commonwealth Bank, NAB, and ANZ, Westpac is highly transparent by publishing its median rate, giving applicants realistic expectations. This product is best suited for individuals with steady incomes looking to purchase an everyday petrol or diesel car who want strict budget control through fixed monthly installments.

📍 View official contacts for Westpac Bank

Author: Prostobank Consulting

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