HomeCar Loansloans.com.auUsed Car Loan (up to 5 years old) Variable Rate

loans.com.au User Car Loan (up to 5 years old) Variable Rate

The loans.com.au User Car Loan (up to 5 years old) Variable Rate offers rates from 7.74% p.a. (8.85% p.a. comparison rate*). on loans of $5,000 to $100,000.


Updated 18 March 2025


Fact checked and verified. Updated 18 March 2025
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Expert Review

loans.com.au User Car Loan (up to 5 years old) Variable Rate is a secured loan. It has a variable rate of 7.54% p.a. (8.09% p.a. comparison rate). It offers loan amounts from $5,000 to $100,000 and loan terms of 3-5 years. It also has an establishment fee of $400 and no ongoing fees per month.

This product may be a good choice if you’re looking for flexible repayment and taking advantage of cost savings over the life of the car finance. It offers loan finance available within 4 business days once approved, flexibility to redraw additional repayments made previously, and no fee charged for paying out the loan early.

Product Details
Fees

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$400 establishment fee

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$8 ongoing monthly fee

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No early repayment fee

Other fees may apply.

Rates

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Fixed rate of 7.74% p.a.

Loan Amount

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From $5,000 to $100,000

Loan Terms

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3, 4, 5, 6 or 7 years

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Secured loan

Features

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Redraw extra repayments that you have made

TMD

Before applying for this product, you should read the Target Market Determination (TMD) available here on the loans.com.au website.

More information
The comparison rates on this page are based on either a $30,000 loan over 5 years, or a $10,000 loan 3 years, as indicated with each rate. WARNING: This comparison rate applies only to the example given and may not include all fees and charges. Different terms, fees or loan amounts might result in different comparison rates.
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