The MoneyPlace Secured New Car Loan offers rates from 7.87% p.a. (8.57% p.a. comparison rate*). on loans of $5,000 to $80,000.
Updated 28 September 2023
* See details below
MoneyPlace Secured New Car Loan is a secured loan that offers fixed rate from 6.89% to 20.23% p.a. (7.81% to 20.23% p.a. comparison rate). Borrowers can take out a loan amount from $5,000 to $80,000 with 3 years, 5 years or 7 years of loan term. There is no establishment fee or ongoing fee per month charged for the loan finance.
This product may be suitable if you’re looking for car finance. It values the certainty of set payment amounts and looks to minimise interest rates. Other benefits include loan finance available within 1 business day once approved and no fee charged for paying out the loan early.
$0 annual fee
No early repayment fee
Other fees may apply.
Fixed rate from 7.87% to 17.99% p.a.
From $5,000 to $80,000
3, 5 or 7 years
Before applying for this product, you should read the Target Market Determination (TMD) available here on the MoneyPlace website.