loans.com.au Variable Rate Car Loan
- Application Fee
- $400
- Interest Rate (p.a.)
- 5.94% (variable)
- Comparison Rate (p.a.)
- 7.07%
- Max Loan Amount
- $150,000
Summary
Looking for car finance? Consider the loans.com.au variable rate car loan for new, demo and used vehicles.
If you’re in the process of looking to buy a new or used car valued at more than $10,000, loans.com.au may be able to help. Its ‘Vehicles More Than $10k Fixed Car Loan’ option is designed for borrowers looking for exactly that. With a competitive rate and flexible options, this secured loan has a range of features for potential borrowers.
Pros
-
Low interest rate
-
Maximum loan amount of $150,000
Cons
-
Application fee of $400
Things to consider about the loans.com.au Variable Rate Car Loan
As this is a secured loan, you can offer the car you are buying as collateral. The variable interest rate starts at , while loans can be taken out for a period of between and . Available for cars worth at least , the variable rate car loan has a maximum loan amount of . Because the rate is variable, your interest rate and repayments can go up or down over the life of the loan, so allow for that in your budget.
How to apply for a loans.com.au Variable Rate Car Loan
If this sounds like the right loan to help you purchase your next vehicle, click 'Go to Site' to begin the application process. In order to be eligible for the loan you will need to be 18 years or older, have a good credit rating and be a permanent Australian resident.
Filling out an application form will normally take you approximately 15 minutes. You'll receive conditional approval within one business day and your loan amount typically within a week. You'll need to provide the following information when applying:
- Proof of identity. This can be in the form of your driver's licence or passport.
- Proof of income. You may need to provide recent payslips or tax assessments.
- Details of your assets and liabilities. Assets include cars, shares and investments you own, while liabilities include any other debts and loans you may have.
loans.com.au's variable rate car loan has a range of competitive features for borrowers. However, make sure to compare your available car loan options before deciding on the right loan for you.
Your reviews
Matt Finder
Head of Publishing Ventures
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Shirley Liu Finder
October 20, 2014
Hi Sally,
Thanks for your question.
Unfortunately at this current point in time, this product is not available through finder.com.au.
I’ve emailed you a separate link where you can apply for the same product. I hope that helps.
Cheers,
Shirley
Sally
October 19, 2014
I want to apply for this loan for a $20000 car. Can I please have someone get back to me so I can apply as I couldn’t find the “apply now” button to click on