Compare car loans

Car loans information

When it comes to car loans it pays to do your homework, as the right loan will not only help you purchase your dream car but own it outright in record speed.

Our car loans database covers all the major providers of new car loans and used car loans. You can also get the inside story on everything from customer service to hidden fees with car loan reviews by the Mozo community.

Comparing car loans

Our nifty car loans comparison tools let you quickly filter and compare car loans according to the features you want, such as variable rate loans, fixed rate loans, the ability to make extra repayments, and so on.

Once you have short-listed the best car loans for your needs, you can compare your chosen loans side-by-side to pick a winner.

Cheap car loans

Cheap car loans will lower your monthly repayments, but always check the terms and conditions as some cheap car loans may come with strings attached.

To avoid getting stuck with a lemon, it pays to compare car loans to check whether you can make extra repayments and close your loan early without being penalised.

Fixed rate vs variable rate loans

Before you compare car loans, it helps to work out what sort of loan features you want. An important decision is whether to get a fixed rate or variable rate car loan.

Fixed rate loans are ideal if you want the security of knowing that your interest rate, and therefore your monthly repayments, will remain the same for the life of the loan. On the downside, you will not benefit from any falls in interest rates over the loan period.

To ensure you get the best loan for your situation, be sure to check features as well as rates and fees when you compare car loans.