Compare Car Loan Rates
Today's featured Car Loans
Lowest comparison rate for your filters
5 Year Variable Interest Vehicle Loan. It might be a car, caravan or float.
Lowest comparison rate for your filters
Available for new or used EVs or plug-in hybrids purchases up to seven years of age with no monthly service fees
Comparing 98 products
15 membership-required products hidden from this list.
Every car loan here will lend $20,000, so all 98 are shown.
Borrowing $20,000 over 5 years at the lowest advertised shown:
- Monthly repayment from
- $384/mo
- Total repaid
- $23,055
- Total interest
- $3,055
Estimate only, based on the lowest advertised interest rate shown and assuming equal monthly repayments. That loan is priced on a range, so this uses the lowest rate in its range. Actual repayments depend on your rate, fees and loan terms.
| Product | Actions | ||||||
|---|---|---|---|---|---|---|---|
 | Advertised rate5.74% to 12.99% | Comparison rate7.16% to 14.34% | Monthly repayment$384/moAt the lowest rate in the range | FixedPrincipal & interestFeatures: Extra repayments | Looking for your next car? Let's get you moving. Apply online and you could be driving off in no time. | ||
| Advertised rate5.79% | Comparison rate5.82% | Monthly repayment$385/mo | VariablePrincipal & interest | Available for new or used EVs or plug-in hybrids purchases up to seven years of age with no monthly service fees | ||
 | Advertised rate5.94% to 16.89% | Comparison rate7.07% to 18.01% | Monthly repayment$386/moAt the lowest rate in the range | SecuredVariablePrincipal & interestFeatures: Extra repayments | loans.com.au's Secured Variable Car Loan offers a competitive variable rate with flexible repayments to suit your needs. Choose a term from 3 to 7 years, with finance available for new or used cars… | ||
| Advertised rate5.94% to 16.89% | Comparison rate7.22% to 18.01% | Monthly repayment$386/moAt the lowest rate in the range | SecuredVariablePrincipal & interestFeatures: Extra repayments | loans.com.au's Secured Variable Car Loan offers a competitive variable rate with flexible repayments to suit your needs. Choose a term from 3 to 7 years, with finance available for new or used cars… | ||
 | Advertised rate5.99% to 13.54% | Comparison rate7.55% to 15.03% | Monthly repayment$387/moAt the lowest rate in the range | FixedPrincipal & interestFeatures: Extra repayments | Buy a car with your NAB Car Loan. Apply in minutes with same-day pre-approval and funds within one business day of us agreeing the loan | ||
 | Advertised rate5.99% | Comparison rate6.34% | Monthly repayment$387/mo | FixedPrincipal & interestFeatures: | Purchase or refinance of a new or used pure electric (EVs), plug-in hybrid electric (PHEVs), fuel cell electric vehicles (FCEVs), regenerative electric (non-plug in) (HEVs) or hydrogen vehicle up to… | ||
| Advertised rate5.99% | Comparison rate5.99% | Monthly repayment$387/mo | FixedPrincipal & interestFeatures: Extra repayments | The Fixed Rate Vehicle Loan could have you driving, riding or towing the vehicle of your dreams sooner than you thought | ||
 | Advertised rate6.19% | Comparison rate6.56% | Monthly repayment$388/mo | FixedPrincipal & interestFeatures: | |||
 | Advertised rate6.24% | Comparison rate6.53% | Monthly repayment$389/mo | VariablePrincipal & interestFeatures: Extra repayments | Our Green Car Loan allows you to purchase any new or demonstrator Electric or Plug-In Hybrid Vehicle with an emissions intensity that does not exceed 120g of CO2 emissions per km (g/km) | ||
| Advertised rate6.24% to 7.74% | Comparison rate6.88% to 8.38% | Monthly repayment$389/moAt the lowest rate in the range | SecuredVariablePrincipal & interestFeatures: Extra repayments | Our Canstar award winning new car loan allows you to purchase any new, demonstration or used car up to 5 years old. Our new car loan offers flexible loan terms and the ability to make additional… | ||
 | Advertised rate6.24% to 26.35% | Comparison rate7.13% to 27.88% | Monthly repayment$389/moAt the lowest rate in the range | VariablePrincipal & interestFeatures: Extra repayments | Secured variable-rate car loan from $10,000 to $100,000 over 3 to 7 years, applied for directly with Autopay. Rates are personalised to your Equifax OneScore credit band and also vary by factors… | ||
 | Advertised rate6.24% | Comparison rate6.63% | Monthly repayment$389/mo | FixedPrincipal & interestFeatures: Extra repayments | Personal loan secured by bill of sale over new car or dealer demonstrator vehicle | ||
 | Advertised rate6.24% | Comparison rate6.59% | Monthly repayment$389/mo | FixedPrincipal & interestFeatures: Extra repayments | For New and Used Cars up to 4 years old. With great rates and no penalty for early payout, the IMB New Car Loan could have you cruising in the car of your dreams sooner than you thought. No monthly… | ||
 | Advertised rate6.29% to 7.29% | Comparison rate6.29% to 7.50% | Monthly repayment$389/moAt the lowest rate in the range | FixedPrincipal & interestFeatures: Extra repayments | A range of car loans for electric vehicles (Evs) and used cars. | ||
 | Advertised rate6.35% | Comparison rate7.27% | Monthly repayment$390/mo | FixedPrincipal & interest | Tailored rates available for cars, motorbikes, caravans and boats that are less than 5 years old. | ||
 | Advertised rate6.39% | Comparison rate7.17% | Monthly repayment$390/mo | VariablePrincipal & interestFeatures: | Whether it’s your first car, a second car, motorcycle or a total change of the type of vehicle, there’s nothing quite like the feeling of being given the keys to your new set of wheels. | ||
| Advertised rate6.39% | Comparison rate7.17% | Monthly repayment$390/mo | VariablePrincipal & interestFeatures: | Whether it’s your first car, a new car, motorcycle or a total change of the type of vehicle, there’s nothing quite like the feeling of being given the keys to your new set of wheels. | ||
 | Advertised rate6.45% | Comparison rate6.45% | Monthly repayment$391/mo | VariablePrincipal & interestFeatures: | The Green car loan is available for the selected green car loan products. | ||
 | Advertised rate6.48% | Comparison rate7.19% | Monthly repayment$391/mo | FixedPrincipal & interestFeatures: | A secured personal loan with a competitive variable interest rate for new or used cars purchased from a dealer | ||
 | Advertised rate6.49% | Comparison rate6.71% | Monthly repayment$391/mo | FixedPrincipal & interestFeatures: | Save the planet and your dollars with Horizon's Green Car Loan | ||
Comparison rate warning and base criteria
Base criteria: repayment figures shown in this table are calculated on a loan of $20,000 over 5 years. Repayment estimates use each loan’s advertised interest rate, with the comparison rate shown beside it as a guide to total cost. Where a lender publishes a range of rates, the estimate uses the lowest rate in the range, and the rate you are offered depends on your circumstances. These figures are examples only. They are not a quote, and they may not include all fees and charges.
*Warning: the comparison rate shown is calculated by the lender on its own standard example, usually a $30,000 loan over 5 years. This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.
Products are selected for relevance to the table and to the filters applied. They are not suggestions or recommendations, and the order they appear in is not a ranking of suitability.
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Rates, fees and charges are subject to change without notice. Before acting on any information shown here, you should confirm the rates, fees, charges and product information with the provider. For clarity, where we have used the terms “lowest” or “best”, these relate solely to the rates of interest offered by the provider and not to any other factor. The application of these terms to a particular product is subject to change without notice if the provider changes their rates.
We do not compare every car loans available in Australia, and this table does not compare every feature that may be relevant to you. Changing the filters will surface further relevant products. See how we sort and rank products and how we make money.
This information is general in nature. It does not take into account your objectives, financial situation or needs, and it is not a recommendation to apply for or hold any particular product. You should read the provider’s Key Facts Sheet, Target Market Determination and credit contract terms before deciding. CompareThat compares products. We do not arrange, approve or process applications.
Guides
- Car Loans Guide Balloon payments on a car loan explained A balloon payment makes a car loan look cheaper every month and cost more overall. It is not a trap in itself, but it moves a large debt to a date most buyers have not planned for, so it is worth understanding before you sign.
- Car Loans Guide Car loan or dealer finance? Dealer finance is convenient and it is priced accordingly. Understanding how the dealership earns from it, and arriving with your own approval, changes both the rate you pay and the price you pay for the car.
The Numbers Behind These Rates
Where this market sits today, and the official figures behind it.
- Market averages Car Loan Market Averages Today's average car loan rate, by segment, and how it has moved since the last reading. Taken from every product in the feed, not a survey.
- Statistics Average Car Loan Interest Rate in Australia Car loans are the largest single use of fixed-term personal lending in Australia. The tiles below show live average rates across the lenders we compare, and what securing the loan against the vehicle is worth.
- Market averages Personal Loan Market Averages Today's average personal loan rate, by segment, and how it has moved since the last reading. Taken from every product in the feed, not a survey.
- Statistics Average Personal Loan Interest Rate in Australia Personal loan rates span an unusually wide range, because lenders price each borrower individually. The tiles below show the live average and the secured-versus-unsecured gap across the lenders we compare.
- Rate Tracker Every Market, One Page The daily average across home loans, savings, term deposits, credit cards and personal and car loans, measured against the RBA cash rate.