If you’re in the market for a new or used car, it’s important to understand the ins and outs of car loans. One important thing to know is the difference between a car loan rate and a comparison rate. A car loan rate is simply the interest rate charged on a car loan. A comparison …
ABN 56 601 973 835
Australian Credit License Number 484030
*Comparison rate is based on a $35,000 secured consumer loan, fixed for 5 years with monthly repayments. Warning: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
