The MoneyPlace Secured Used Car Loan offers rates from 8.04% p.a. (8.74% p.a. comparison rate*). on loans of $5,000 to $80,000.
Updated 28 September 2023
* See details below
MoneyPlace Secured Used Car Loan is a secured loan that offers fixed rate from 7.04% to 20.23% p.a. (7.96% to 20.23% p.a. comparison rate). The loan amount ranges from $5,000 to $80,000. You can choose the loan term of 3 years, 5 years or 7 years with no establishment fee or ongoing fee per month charged for this product.
This product may be suitable if you’re looking for car finance that values the certainty of set payment amounts and looking to minimise interest rates. Furthermore, MoneyPlace provides fast approval process with loan finance available within 1 business day once approved and no fee charged for paying out your loan early if needed – making it an attractive option for those who need quick access to funds without any additional charges attached.
$0 annual fee
No early repayment fee
Other fees may apply.
Fixed rate from 8.04% to 19.19% 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.