360 Finance Advantage Car Loan Review and Rates | finder.com.au

360 Finance Car Loans

Last updated:  

360 Finance lets you get on the road with a competitive rate and convenient pre-approval.

If you're looking for a way a competitive way to finance your new vehicle purchase, you can consider the Advantage Car Loan from 360 Finance. It comes with a low fixed rate and is available for both personal and business use. You can also take advantage of pre-approval if you haven't found the vehicle you want to buy yet.

$407

Application Fee

From 5.49% (fixed)

Interest Rate (p.a.)

6.75%

Comparison Rate (p.a.)

$150,000

Max Loan Amount

We’re reader-supported and may be paid when you visit links to partner sites. We don’t compare all products in the market, but we’re working on it!

Details

Product Name360 Finance Advantage Car Loan
Interest Rate (p.a.)From 5.49% (fixed)
Comparison Rate (p.a.)6.75%
Interest Rate TypeFixed
Min Loan Amount$5,000
Max Loan Amount$150,000

360 Finance is lending broker providing financial solutions for personal purchases. In addition to a variety of car loan products, 360 can also help you find finance for the purchase of business equipment or a vehicle, boat, caravan or bike. Using a broker such as this can assist you in finding the loan that perfectly meets your needs.

You can apply for both unsecured and secured personal loans through 360 Finance. If you're looking to finance a new or used car, buy a boat or caravan or even refinance an existing car loan, 360 Finance might have a suitable loan option. The interest rate for secured car loans start at a competitive 3.45% p.a. When you apply, the process is quick and settlement can take place the same day an enquiry is made.

Things to consider about the 360 Finance Advantage car loan

This loan comes with a competitive fixed rate of 5.49% p.a. that stays in place for the entire loan term, keeping your repayments the same. You have to pay an application fee of $407 and an early exit fee also applies. This loan is only available for new vehicles.

What features come with the Advantage car loan?

When you apply for this car loan you'll have access to a number of features and benefits, including:

  • Competitive interest rate. The loan comes with a low rate of 5.49% p.a. that stays in place for the duration of your loan term.
  • Fixed monthly repayments. As the Advantage Car Loan has a fixed interest rate your repayments remain the same during your loan term, helping you to budget.
  • Flexible loan purpose. While the loan can only be used to finance a new car, the vehicle can be for personal or business use.
  • Pre-approval. If you haven't found your vehicle yet you can select pre-approval and have time to search for your car, knowing you've already locked in your finance.
  • Dedicated finance concierge. You'll have a single finance consultant to deal with throughout the loan process.
  • Digitally sign the contracts. 360 Finance can email contracts to you so you can digitally sign them.

360 Finance Advantage car loan fees

  • Establishment fee. You'll need to pay an establishment fee of $407.
  • Monthly service fee. They charge a monthly fee of $9.90.
  • Late payment fee. If you miss your repayments, you might be charged a fee of $30.
  • Early repayment fee. If you decide to repay your loan early, you'll need to pay $800.

Types of finance available from 360 Finance

Unsecured personal loan

The unsecured personal loan can be used towards the purchase of a car or other expensive item. By searching through a large list of lenders, 360 Finance will be try and find an unsecured personal loan that meets your repayment needs and loan amount.

Secured loan

You can also ask for a secured loan through 360 Finance. This type of loan will have your car or other asset as security while you are paying the loan back. With an asset as collateral, secured loans are often offered at lower interest rates and with longer terms.

What features come with a loan from 360 Finance?

There are a number of benefits on offer with a loan from this broker:

  • Competitive rates. If you opt for a secured car loan, rates start at 3.45% p.a.
  • Range of products available. You can choose from secured and unsecured car loans, loans to refinance your vehicle, loans for bikes, boats and caravans and a range of equipment and business loans.
  • Flexible eligibility criteria. 360 Finance has access to a range of lenders and so has flexible criteria. You may be able to apply if you are bankrupt or under a Part 9 Debt Agreement, if you are a temporary resident or have bad credit. You can also apply if you are self-employed.
  • Quick application process. After you submit an online enquiry the process can be completed over the phone, usually the same day you fill out the online form.

What brands do 360 Finance work with?

  • ANZ
  • BOQ
  • Suncorp
  • Esanda
  • Westpac
  • Pepper
  • NAB
  • Commonwealth Bank
  • Allianz

How does 360 Finance Car Loans compare with other car loan providers

Picture not describedPicture not describedPicture not described
More Info

Interest rate

From 5.49% p.a.

Interest rate

From 3.85% p.a.

Interest rate

From 4.89% p.a.

Comparison rate

6.75% p.a.

Comparison rate

4.91% p.a.

Comparison rate

5.44% p.a.

Loan term

1 to 7 years

Loan term

1 to 7 years

Loan term

3 to 7 years

Loan amount

$5,000 to $150,000

Loan amount

$10,000 to $150,000

Loan amount

$2,000 to $100,000

Not what you're looking for?

Compare more car loan providers

How you can apply for the 360 Advantage car loan

If you're ready to apply for 360 Finance's Car Loan, you can click "Go to Site" to submit your application.

Eligibility

First, make sure you meet the following criteria:

  • You're over the age of 18
  • You're purchasing a new vehicle
  • You want to borrow over $5,000
  • You have stable employment
  • You have equity in residential property or a good savings history

If you meet these criteria you can submit your application.

Documentation

You will need to submit your personal and financial details as well as information about the loan you want to take out to get a rate estimate. You'll need to provide the following details:

  • The type of income you receive
  • Your residency status
  • Information regarding your credit history (if you have any credit defaults)
  • Indicate whether you are looking to refinance
  • Indicate whether the loan is for more than $10,000

Remember to always compare car loan options thoroughly before submitting an application in order to find the best possible financial solution for your circumstances.

Compare car loan providers

Data updated regularly
$
Name Product Interest Rate (p.a.) Comparison Rate (p.a.) Min Loan Amount Loan Term Application Fee Monthly Service Fee Monthly Repayment
Loans.com.au - New and Dealer Used Car Loan
From 4.67% (fixed)
5.22%
$5,000
3 to 5 years
$400
$0
You'll receive a fixed rate from 4.67% p.a. based on your risk profile
Finance a new car and benefit from features such as fast approval, no ongoing fees and an optional balloon payment. Settle the loan before 30 November 2021 and enter the draw to win a $1,000 fuel gift voucher. T&Cs apply.
Plenti Car Loan
From 4.89% (fixed)
5.44%
$2,000
3 to 7 years
from $249 to $799
$0
You'll receive a fixed rate from 4.89% p.a.
Borrow up to $100,000 with a Plenti Car Loan and benefit from no early repayment or exit fees.
IMB New Car Loan
4.99% (fixed)
5.34%
$2,000
1 to 7 years
$275.12 ($250 Application fee + $25.12 PPS registration fee)
$0
You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one that's up to two years old.
NRMA New Car Loan
From 4.99% (fixed)
5.69%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.
Credit Concierge Car Loan
From 3.85% (fixed)
4.91%
$10,000
1 to 7 years
$350
$8.50
You'll receive a fixed rate of 3.85% p.a. with a comparison rate of 4.91% p.a.
Get access to over 20 providers to fund a new or used car.

Wisr Secured Car Loan
From 4.74% (fixed)
5.01%
$5,000
3 to 7 years
$195 (Includes PPSR registration fee)
$0
You'll receive a personalised interest rate from 4.74% p.a. to 16.01% p.a. based on your risk profile
A flexible car loan from $5,000 - $63,000 with personalised rates and rewards for strong credit customers.

NAB Personal Loan Unsecured Fixed
From 6.99% (fixed)
7.91%
$5,000
1 to 7 years
$150
$10
You'll receive a fixed rate between 6.99% p.a. and 18.99% p.a. ( 7.91% p.a. to 19.83% p.a. comparison rate) based on your risk profile
An unsecured loan up to $55,000 you can use for a range of purposes and pay off over up to 7 years. Note: Majority of customers will get the headline rate of 12.69% (13.56% comparison rate) or less. See Comparison rate warning in (i) above.
OurMoneyMarket Car Loan
From 5.35% (fixed)
5.65%
$2,001
1 to 7 years
$250
$0
You'll receive a fixed interest rate from 5.35% p.a. to 14.99% p.a. based on your risk profile.
Borrow between $2,001 and $75,000 to finance a new or used car up to 10 years.
CUA Secured Fixed Car Loan
6.79% (fixed)
7.16%
$5,000
1 to 7 years
$265 ($175 Establishment Fee + $90 Security Administration Fee)
$0
You'll receive a fixed rate of 6.79% p.a.
A secured loan with a high maximum borrowing amount up to $100,000. Redraw facility and no monthly fees.
Latitude Personal Loan (Secured)
From 5.99% (fixed)
7.26%
$3,000
1 to 7 years
Loans under $5000 - $140
$13
You'll receive a fixed rate between 5.99% p.a. and 21.99% p.a. based on your risk profile
Lock in a competitive fixed rate when you offer security. Loan can be used for any purpose and repayments are flexible. You can check your interest rate before applying with no impact to your credit score.
Stratton Finance New Car Loan
From 3.85% (fixed)
4.05%
$10,000
3 to 7 years
$700
$8.25
You'll receive a fixed rate from 3.85% p.a. depending on the lender you are approved with
Apply for up to $250,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
SocietyOne Car Loan
From 6.99% (fixed)
6.99%
$5,000
2 to 5 years
from 0% to 5% of the total loan amount
$0
You'll receive a fixed rate between 6.99% p.a. and 20.49% p.a. based on your risk profile
A loan from $5,000 to use for a range of purposes. Benefit from no ongoing fees and no early repayment fee.
RACV New Car Loans
From 4.99% (fixed)
5.69%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.
NRMA Used Car Loan
From 6.49% (fixed)
7.19%
$5,000
1 to 7 years
$499
$0
You'll receive a fixed rate from 6.49% p.a.
Finance a used car with NRMA and benefit from a fixed rate term and no monthly fees. Pre-approval available within 5 business hours.
Symple Loans Personal Loan
From 5.75% (variable)
6.47%
$5,000
1 to 7 years
from 0% to 5% of the loan amount
$10
You'll receive a personalised interest rate from 5.75% p.a. to 25.99% p.a. based on your risk profile
Borrow up to $50,000 to pay for what you need.
loading

Compare up to 4 providers

Car Loan Offers

Important Information*
Logo for IMB New Car Loan
IMB New Car Loan

You'll receive a fixed rate of 4.99% p.a.
A low minimum borrowing amount of $2,000 that you can use to purchase a new car or one up to two years old.

Logo for Beyond Bank Low Rate Car Loan "Special Offer"
Beyond Bank Low Rate Car Loan "Special Offer"

You'll receive a fixed rate of 4.69% p.a.
Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.

Logo for RACV New Car Loans
RACV New Car Loans

You'll receive a fixed rate from 4.99% p.a.
A larger loan of $5,000 or more to help you buy a new or used car. 5-hour pre approval available and no ongoing fees.

Logo for NRMA New Car Loan
NRMA New Car Loan

You'll receive a fixed rate of 4.99% p.a.
Purchase a new or used car up to 2 years old and benefit from a fixed rate and no monthly fees. Pre-approval available within 5 business hours.

Ask an expert

To ask a question simply log in via your email or create an account.

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Go to site