The MoneyPlace Secured New Car Loan offers rates from 5.67% p.a. (6.10% p.a. comparison rate*). on loans of $5,000 to $80,000.
Updated 10 July 2025
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The MoneyPlace Secured New Car Loan is a fixed-rate loan for purchasing a new vehicle. Interest rates range from 5.67% to 19.19% p.a. The comparison rate is between 6.10% and 20.77% p.a.. Borrowers can apply for amounts from $5,000 to $80,000. Loan terms are flexible, available for 3, 5, or 7 years. There are no establishment fees or ongoing monthly charges. This ensures clear and simple repayment terms for borrowers.
Stay or Go's car loan comparison review places the MoneyPlace Secured New Car Loan in the top 1% for the lowest interest rates among secured fixed-rate loans on the market. This loan is great for borrowers who want predictable payment schedules. It also helps reduce overall interest costs. Another benefit is that loan funds are disbursed within one business day after approval. There are no penalties for early repayment. This feature increases financial flexibility during the loan term.
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$0 annual fee
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No early repayment fee
Other fees may apply.
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Fixed rate from 5.67% to 19.19% p.a.
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From $5,000 to $80,000
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3, 5 or 7 years
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Secured loan
Before applying for this product, you should read the Target Market Determination (TMD) available here on the MoneyPlace website.