Commonwealth Bank car loans
Commonwealth Bank's overall rating for car loans is
6.3(as rated by the Mozo community)
Commonwealth Bank offers the following car loans
| Product | Interest Rate (min) | Comparison Rate* | Estimated Monthly Repayment | Total Cost Over Life of Loan |
|---|---|---|---|---|
| Fixed Rate Secured | 11.99% | 13.02% | $332 | $2,565 |
| Fixed Rate Secured Student Loan | 11.74% | 12.40% | $331 | $2,272 |
*The Comparison Rate combines the lender's interest rate, fees and charges into a single rate to show the true cost of a personal loan. The comparison rate displayed is for $30,000 over 5 years, and applies only to this example. Different amounts and terms will result in different comparison rates. Full comparison rate schedules are available from lenders. Costs such as redraw fees or early repayment fees, and savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
The Commonwealth Bank might be one of Australia’s oldest and largest banks, but lately it’s determined to do things differently. The Commonwealth Bank reckons it’s focusing more on customer service and earning your business
rather than counting on it. If you like the sound of that, then check out the Commonwealth Bank’s wide range of personal banking products, including term deposits, savings accounts, credit cards, home loans and personal loans.
Reviews of Commonwealth Bank car loans
| Regina from Queensland, a Commonwealth Bank car loan customer. | 8Overall Rating | ||
| The staff are very efficient and the product suited my needs at the time for a low set repayment amount. Only good for those that dont have alot of money. Reviewed 14 days ago |
|
| Emma from Victoria, a Commonwealth Bank car loan customer. | 5Overall Rating | ||
| The Commonwealth bank is ok but not the ideal choice when looking to open accounts, take out home loans or get insurance with as they are very expensive. If it were not for the great staff at the local branch i would not still be with them. Reviewed 16 days ago |
|
| Nicole from Queensland, a Commonwealth Bank car loan customer. | 5Overall Rating | ||
| No flexibility. Reviewed 16 days ago |
|
| Nevenka from Victoria, a Commonwealth Bank car loan customer. | 0Overall Rating | ||
| I find that they have no customer service to their customers and that they can be rude and unhelpful at times. Reviewed 21 days ago |
|
| Hanna from Victoria, a Commonwealth Bank car loan customer. | 5Overall Rating | ||
| I am disappointed with this product because I also got a loan protection service for my loan, and for the last 3 years I have been charged double the amount. No one bothered to tell me and now they refuse to refund the money. Reviewed 2 months ago |
|
How are other Commonwealth Bank products rated by the Mozo community?
| Product Type | Overall | Price | Features | Service | Convenience | Trust |
|---|---|---|---|---|---|---|
| Commonwealth Bank savings accounts | 6.7 2977 REVIEWS | 5.5 | 5.1 | 6.8 | 7.7 | 6.8 |
| Commonwealth Bank bank accounts | 6.6 1582 REVIEWS | 5.6 | 5.4 | 6.7 | 7.6 | 6.7 |
| Commonwealth Bank credit cards | 6.4 2207 REVIEWS | 5.3 | 5.6 | 6.4 | 7.6 | 6.6 |
| Commonwealth Bank personal loans | 6.3 387 REVIEWS | 5.5 | 4.9 | 6.5 | 7.3 | 6.3 |
| Commonwealth Bank home loans | 6.5 1498 REVIEWS | 6.1 | 6.0 | 6.6 | 7.6 | 6.3 |
| Commonwealth Bank term deposits | 7.2 253 REVIEWS | 6.4 | 5.4 | 7.2 | 7.5 | 7.3 |
Other providers of car loans
With so many different car loans on the market now, it's a tough call to pick the best one. Mozo is Australia's online money info zone, with all the objective information you need to make the right car loan choice. You can find and compare Commonwealth Bank car loans with Mozo or check out these other providers.
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