Important disclosure
Car Loan
Interest Rate
From
5.99%
p.a
Fixed
Comparison Rate*
7.20%
p.a
Fixed up to 14.14%
From
5.99%
p.a
Fixed
7.20%
p.a
Fixed up to 14.14%
Calculate your repayments for this loan
Your estimated repayment
$580
based on $30,000 loan amount for 5 years at 5.99%
Promoted car loans
Promoted
Green Car Loan Fixed
5.79%
p.a
Fixed
6.91%
p.a
Fixed up to 6.93%
Promoted
Used Car Loan (up to 5 years) (Fixed)
7.99%
p.a
Fixed
9.10%
p.a
Fixed up to 9.12%
Promoted
New Car Loan
6.57%
p.a
Fixed
7.19%
p.a
Fixed
Pros and cons
For Car Loan
Benefits
- Flexible repayment options
- Can apply online
- Can apply in branch
- Suitable for both new or used car
- Approval is instant
Drawbacks
- Service fee charged
- Higher than average application fee
Westpac Rate Car loan overview
For Car Loan
Details
Total repayments $34,791 | Interest rate type Fixed |
Borrowing range $10k - $100k | Security type Secured |
Loan term 1 to 7 years | Secured by Vehicle |
Loan type Is Fully Drawn Advance | Repayment frequency Weekly, Fortnightly, Monthly |
Age of car up to 7 years | Target Market Determination Visit Westpac Banking Corporation Ltd to view Target Market Determination. |
Features
Extra repayments Yes | Redraw facility |
Instant approval | Time to funding N/A |
Fees
Upfront Fee $250 | Ongoing Fee $12 Monthly |
Missed Payment Penalty $15 | Early Exit Penalty Fee $175 during first 2 years |
Permitted Loan Purposes
New Car | Used Car |
Motorcycle | Boat |
Other Restrictions
Conditions, fees and charges apply
