The People's Choice Car Loan offers rates from 6.49% p.a. (6.84% p.a. comparison rate*). on loans of $20,000 to $120,000.
Updated 10 July 2025
* See details below
The People's Choice Car Loan is a secured loan with a fixed interest rate of 6.49% p.a. The comparison rate is 6.84% p.a.* Loan amounts range from $20,000 to $120,000. The term lasts between one and five years. This offers borrowers flexible repayment options. An establishment fee of $250 applies at the start. There are no ongoing annual fees for this loan.
This car loan could be a good choice for those who want predictable monthly payments. It also aims to lower overall interest costs. You can redraw any extra repayments you have made. There are no fees for repaying the loan early. This gives you more control over your borrowing and repayment plan.
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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 of 6.49% p.a.
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From $20,000 to $120,000
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1, 2, 3, 4 or 5 years
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Secured loan
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Redraw extra repayments that you have made
Before applying for this product, you should read the Target Market Determination (TMD) available here on the People's Choice website.