Westpac was started in 1817 and it was the first bank to be established in Australia. Its first office was set up in Sydney, but it has now expanded both within Australia and beyond. The group offers products with the aim of assisting customers to save and invest.
Westpac also extends financing to individuals, institutions, multinational corporations and even government agencies. Car loans fall under their personal loans division, and these can help you get the amounts you need to purchase your next new or used car.
Westpac Car Loan
Westpac Car Loan
8.49 %p.a.
fixed rate
9.67 %p.a.
comparison rate
Competitive interest rate
Additional repayments OK
Borrow up to $100,000
100% confidential application
Westpac Car Loan
The Westpac Car Loan features a competitive fixed rate and discounts for those who hold eligible Westpac accounts.
Car Loan. You can purchase a new car or refinance a used car with this loan and get a competitive rate of 8.49% p.a. You can apply for a loan amount between $10,000 and $100,000 and have up to 7 years to repay it. You're able to make extra repayments, but if you choose a term greater than two years and pay it off within two years, a fee applies.
Can you use your car as security?
If your vehicle meets the following criteria it can be used as security for the Westpac Car Loan:
New car or used car if refinancing
The vehicle needs to have been imported to Australia by the manufacturer
You may be able to borrow extra funds to purchase additional items to upgrade your car
How you can apply for the Westpac Car Loan
If you're ready to get your Westpac Car Loan application started, click "Go to Site" to do so. You'll need to meet the following criteria to be considered for a loan:
Be over the age of 18
Have a regular permanent income
Be an Australian citizen, permanent resident or hold an acceptable visa and have confirmed employment in Australia
If you meet these criteria you can start the application. You'll need all the following details to complete the application:
Documents to verify your identity
Details of your current financial situation and employment
After you submit your application you will find out if you've been approved within two business days, following which you have 30 days to find your car.
Matt Corke is the head of publishing in Australia for Finder. He previously worked as the publisher for credit cards, home loans, personal loans and credit scores. Matt built his first website in 1999 and has been building computers since he was in his early teens. In that time he has survived the dot-com crash and countless Google algorithm updates.
You'll receive a fixed rate of 5.49% p.a. Take advantage of a competitive rate, pre-approval and no early repayment fees when you finance a car under two years old.
You'll receive a fixed rate from 5.69% 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.
You'll receive a fixed or variable rate depending on the lender you are approved with Apply for up to $100,000 and use cash or trade in a vehicle to use as a deposit. Optional balloon payment available.
How likely would you be to recommend finder to a friend or colleague?
0
1
2
3
4
5
6
7
8
9
10
Very UnlikelyExtremely Likely
Required
Thank you for your feedback.
Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.
Important information about this website
finder.com.au is one of Australia's leading comparison websites. We compare from a wide set of major banks, insurers and product issuers.
finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don't cover every available product. You should consider whether the products featured on our site are appropriate for your needs and seek independent advice if you have any questions.
Products marked as 'Promoted' or "Advertisement" are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options and find the best option for you.
The identification of a group of products, as 'Top' or 'Best' is a reflection of user preferences based on current website data. On a regular basis, analytics drive the creation of a list of popular products. Where these products are grouped, they appear in no particular order.
Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment.
We try to take an open and transparent approach and provide a broad based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.
Some product issuers may provide products or offer services through multiple brands, associated companies or different labelling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.
Providing or obtaining an estimated insurance quote through us does not guarantee you can get the insurance. Acceptance by insurance companies is based on things like occupation, health and lifestyle. By providing you with the ability to apply for a credit card or loan we are not guaranteeing that your application will be approved. Your application for credit products is subject to the Provider's terms and conditions as well as their application and lending criteria.
Please read our website terms of use for more information about our services and our approach to privacy.
