The MoneyPlace Secured Used Car Loan offers rates from 5.80% p.a. (6.23% p.a. comparison rate*). on loans of $5,000 to $80,000.
Updated 10 July 2025
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The MoneyPlace Secured Used Car Loan is a fixed-rate secured loan. It is for borrowers needing between $5,000 and $80,000. Interest rates range from 5.80% to 19.19% p.a. The comparison rate varies from 6.23% to 20.77% p.a.* Loan terms are flexible, offering 3, 5, or 7 years. This suits different repayment preferences. There are no establishment fees with this loan. Also, no ongoing monthly fees apply. This makes it a simple and cost-effective choice for used car buyers.
Stay or Go's car loan comparison review shows that the MoneyPlace Secured Used Car Loan has one of the lowest interest rates. It ranks within the bottom 10% of secured fixed-rate loans available today. This makes it a strong option for borrowers who want predictable payments. It also helps reduce overall interest costs. Additional benefits include access to funds within one business day after approval. There are no penalties for early repayment. These features offer convenience and financial flexibility throughout 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 5.80% 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.