The loans.com.au New Car Loan Variable Rate offers rates from 5.99% p.a. (7.12% p.a. comparison rate*). on loans of $5,000 to $100,000.
Updated 10 July 2025
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The loans.com.au New Car Loan Variable Rate is a secured loan for financing new vehicle purchases. It features a competitive variable interest rate of 5.99% p.a. The comparison rate is 7.12% p.a.* Borrowers can request amounts between $5,000 and $100,000. Loan terms range from 3 to 7 years, offering flexible repayment options. An establishment fee of $400 applies at the start. There is also an ongoing monthly fee of $8 for the loan's duration.
Stay or Go's car loan comparison review places this product in the lowest 25% of interest rates for secured variable rate car loans. It is suitable for borrowers who want flexible repayment options. It also helps reduce overall financing costs over time. Additional benefits include access to funds within four business days after approval. Borrowers can redraw any extra repayments made earlier. There are no penalties or fees for early loan repayment. These features enhance financial control during the borrowing period.
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$8 ongoing monthly fee
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No early repayment fee
Other fees may apply.
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Fixed rate of 5.99% p.a.
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From $5,000 to $100,000
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3, 4, 5, 6 or 7 years
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Secured loan
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Redraw extra repayments that you have made
Before applying for this product, you should read the Target Market Determination (TMD) available here on the loans.com.au website.