The Bankwest Secured Car Loan offers rates from 7.99% p.a. (8.34% p.a. comparison rate*). on loans of $10,000 to $100,000.
Updated 28 September 2023
* See details below
The Bankwest Secured Car Loan is a secured loan with a fixed rate of 7.99% p.a. (8.34% p.a. comparison rate). You can borrow from $10,000 to $100,000 over 3-7 years. There are no establishment fees or ongoing fees apart from a small monthly fee of $5 per month. An exit fee of $250 may apply when you close the loan.
This loan may be suitable if you’re looking for car finance that values the certainty of set payment amounts and looking to minimise interest rates. It also offers flexibility to redraw additional repayments made previously with a set amount of exit fee at closure time.
•
•
$5 ongoing monthly fee
•
Other fees may apply.
•
Fixed rate of 7.99% p.a.
•
From $10,000 to $100,000
•
3, 4, 5, 6 or 7 years
•
Secured loan
•
Redraw extra repayments that you have made
Before applying for this product, you should read the Target Market Determination (TMD) available here on the Bankwest website.