The Newcastle Permanent Car Loan offers rates from 6.49% p.a. (8.21% p.a. comparison rate*). on loans of $1,000 to $50,000.
Updated 28 September 2023
* See details below
Newcastle Permanent Car Loan is a secured loan with a fixed rate of 6.14% p.a. (7.86% p.a. comparison rate). It offers loan amounts from $1,000 to $50,000 over 1-7 years with an establishment fee of $250 and no ongoing fees per year. According to Stay or Go's car loan comparison review, this product ranks amongst the 25% lowest interest rates when compared to other secured, fixed rate loans in market - making it a competitive choice for those looking for car finance that values the certainty of set payment amounts and looking to minimise interest rates.
Newcastle Permanent Car Loan is an attractive option for those who want the security of fixed payments but also need the freedom to pay off their debt sooner if they can afford it without incurring extra costs or penalties. There is no fee charged for paying out the loan early - providing further flexibility and convenience should you choose to do so earlier than expected.
$0 annual fee
No early repayment fee
Other fees may apply.
Fixed rate of 6.49% p.a.
From $1,000 to $50,000
1, 2, 3, 4, 5, 6 or 7 years
Before applying for this product, you should read the Target Market Determination (TMD) available here on the Newcastle Permanent website.