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 rate7.43% | Comparison rate7.78% | Monthly repayment$400/mo | VariablePrincipal & interestFeatures: | Whether upgrading your vehicle, adventuring off-road in your four-wheel drive, or having fun on the water in your dream boat or jet ski, The Capricornian’s secured personal loan options could be your… | ||
 | Advertised rate7.49% to 16.29% | Comparison rate8.62% to 17.41% | Monthly repayment$401/moAt the lowest rate in the range | SecuredFixedPrincipal & interestFeatures: Extra repayments | loans.com.au's Fixed Secured Car Loan offers a simple, competitive fixed rate with set repayments to help you finance your next vehicle with confidence. Choose a fixed term from 3 to 7 years, with… | ||
| Advertised rate7.49% to 8.74% | Comparison rate8.62% to 9.87% | Monthly repayment$401/moAt the lowest rate in the range | SecuredVariablePrincipal & interestFeatures: Extra repayments | loans.com.au's Secured Variable Caravan 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… | ||
| Advertised rate7.49% to 16.29% | Comparison rate8.76% to 17.57% | Monthly repayment$401/moAt the lowest rate in the range | SecuredFixedPrincipal & interestFeatures: Extra repayments | loans.com.au's Fixed Secured Car Loan offers a simple, competitive fixed rate with set repayments to help you finance your next vehicle from a private seller with confidence. Choose a fixed term from… | ||
 | Advertised rate7.49% | Comparison rate7.49% | Monthly repayment$401/mo | FixedPrincipal & interest | Take out a secured car loan with RACQ Bank so you can purchase an electric car. Car finance with RACQ Bank means you'll receive the same low interest rates for car loans on new electric cars up to… | ||
 | Advertised rate7.59% to 11.95% | Comparison rate8.43% to 11.95% | Monthly repayment$402/moAt the lowest rate in the range | FixedPrincipal & interestFeatures: Extra repayments | A secured car loan offering the most competitive rates with loan amounts from $3,000 to $150,000 over terms of 18 months to 7 years. Secured by bill of sale on eligible assets including vehicles… | ||
 | Advertised rate7.60% | Comparison rate7.82% | Monthly repayment$402/mo | VariablePrincipal & interest | Includes cars, boats, caravans and motorbikes | ||
| Advertised rate7.70% | Comparison rate7.92% | Monthly repayment$403/mo | VariablePrincipal & interest | Includes Cars, Boats, Caravans & Motorbikes | ||
 | Advertised rate7.74% | Comparison rate7.96% | Monthly repayment$403/mo | FixedPrincipal & interestFeatures: | Reduce your fuel costs and your carbon footprint with Horizon's Green Used Car Loan | ||
 | Advertised rate7.74% | Comparison rate8.30% | Monthly repayment$403/mo | FixedPrincipal & interestFeatures: | A special fixed rate personal loan, with no establishment fee, for cars, motorbikes, caravans, boats or trailers that are brand new never and been driven before. | ||
 | Advertised rate7.79% | Comparison rate9.13% | Monthly repayment$404/mo | UnsecuredFixedPrincipal & interestFeatures: | |||
 | Advertised rate7.98% | Comparison rate8.40% | Monthly repayment$405/mo | VariablePrincipal & interestFeatures: | |||
 | Advertised rate7.99% to 12.99% | Comparison rate9.78% to 14.75% | Monthly repayment$405/moAt the lowest rate in the range | SecuredFixedPrincipal & interestFeatures: Extra repayments | A secured loan that allows individuals to borrow funds for the purchase or refinance of an eligible vehicle, including new and used cars. The information set out below relates to an application made… | ||
 | Advertised rate7.99% | Comparison rate8.01% | Monthly repayment$405/mo | FixedPrincipal & interestFeatures: | Drive away your dream car without breaking the budget with our Fixed Rate Car Loan. Borrow up to $150,000 for a new or used car up to 5 years old, and lock in a fixed interest rate for up to 7 years. | ||
 | Advertised rate7.99% | Comparison rate8.35% | Monthly repayment$405/mo | Variable | When a new car is what you need, we’ll help you drive away sooner with this low rate car loan. | ||
| Advertised rate8.19% | Comparison rate8.36% | Monthly repayment$407/mo | FixedPrincipal & interest | Take out a secured car loan with RACQ Bank so you have the flexibility to choose a car that is suited to your lifestyle. Car finance with RACQ Bank means you'll receive the same low interest rates… | ||
| Advertised rate8.24% | Comparison rate8.46% | Monthly repayment$408/mo | FixedPrincipal & interestFeatures: | Make life happen with our New and Used Car Loan. Take advantage of a great fixed rate, plus flexible loan features designed to get you on the road sooner | ||
| Advertised rate8.24% | Comparison rate8.46% | Monthly repayment$408/mo | VariablePrincipal & interestFeatures: | |||
 | Advertised rate8.24% | Comparison rate10.61% | Monthly repayment$408/mo | FixedPrincipal & interestFeatures: | Personal Loan to finance the purchase of a used vehicle through Motor Scout Car buying service | ||
| Advertised rate8.24% | Comparison rate9.15% | Monthly repayment$408/mo | FixedPrincipal & interest | Personal Loan to buy new or demo model vehicle from $5K-$150K with vehicle taken as security over the 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.