| Product | Interest rate from | Comparison rate from | Upfront fee |
|---|---|---|---|
| Car Loan (Fixed, Non-Property Owner, <100% LVR, New) |
7.25% p.a. |
8.70% p.a.based on $30,000 |
$250.00 |
| Car Loan (Fixed, Non-Property Owners, <100% LVR, Used) |
7.95% p.a. |
9.39% p.a.based on $30,000 |
$250.00 |
| Car Loan (Fixed, Non-Property Owners, >100% LVR, New) |
7.70% p.a. |
9.14% p.a.based on $30,000 |
$250.00 |
| Car Loan (Fixed, Non-Property Owners, >100% LVR, Used) |
8.40% p.a. |
9.84% p.a.based on $30,000 |
$250.00 |
| Car Loan (Fixed, Property Owner, <100% LVR, New) |
6.40% p.a. |
7.86% p.a.based on $30,000 |
$250.00 |
| Car Loan (Fixed, Property Owner, <100% LVR, Used) |
7.10% p.a. |
8.55% p.a.based on $30,000 |
$250.00 |
| Car Loan (Fixed, Property Owner, >100% LVR, New) |
6.70% p.a. |
8.16% p.a.based on $30,000 |
$250.00 |
| Car Loan (Fixed, Property Owner, >100% LVR, Used) |
7.40% p.a. |
8.85% p.a.based on $30,000 |
$250.00 |
| Car Loan (Variable, Non-Property Owners, <100% LVR, Used) |
8.30% p.a. |
9.74% p.a.based on $30,000 |
$250.00 |
| Car Loan (Variable, Non-Property Owners, >100% LVR, New) |
8.05% p.a. |
9.49% p.a.based on $30,000 |
$250.00 |
| Car Loan (Variable, Non-Property Owners, >100% LVR, Used) |
8.75% p.a. |
10.18% p.a.based on $30,000 |
$250.00 |
| Car Loan (Variable, Non-Propety Owners, <100% LVR, New) |
7.60% p.a. |
9.05% p.a.based on $30,000 |
$250.00 |
| Car Loan (Variable, Property Owner, <100% LVR, New) |
6.75% p.a. |
8.21% p.a.based on $30,000 |
$250.00 |
| Car Loan (Variable, Property Owner, <100% LVR, Used) |
7.45% p.a. |
8.90% p.a.based on $30,000 |
$250.00 |
| Car Loan (Variable, Property Owner, >100% LVR, New) |
7.05% p.a. |
8.50% p.a.based on $30,000 |
$250.00 |
| Car Loan (Variable, Property Owner, >100% LVR, Used) |
7.75% p.a. |
9.19% p.a.based on $30,000 |
$250.00 |
Mozo users have rated Macquarie car loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
5 Reviews
So, I'm pretty much knee-deep into my first year studying psychology part-time and juggling a couple of part-time jobs. When it came to getting my very own set of wheels, let's just say my savings account wasn't ready to cover the whole 'first car' dream. That's where Macquarie stepped in with a car loan that gave me the extra $15K I needed. Here's the real talk on how it all went down. The Good Stuff: Getting Approved: The thumbs up from Macquarie was super quick. It felt like they were just as excited about my new car as I was! Customer Service: Every time I rang up with a million questions (and trust me, there were many), they were chill and really helpful. Flexibility: They've got options to make extra payments, which is awesome 'cause I'm planning to knock this loan out ahead of schedule. Manageability: The online platform is pretty user-friendly. I can check my balance and manage payments without needing a degree in computer science. The Not-so-Great: Interest Rates: Okay, so I didn't exactly have my glasses on when reading the fine print. The interest rate? Higher than I expected. That's on me though — lesson learned to keep my eyes wide open. Loan Length: I've signed away five years to this loan. It's a bit of a bummer thinking about it, but I'm aiming to get ahead with those extra payments. Overall, I'm sitting comfy with my Macquarie car loan. It's a solid 7 out of 10 for me. Sure, I'm paying a bit more in interest than I'd like, but that's what you get when you jump in head-first. I've got my car, I've got a plan, and I'm learning heaps along the way — about cars, loans, and always reading the details!
Read full reviewSo, I'm pretty much knee-deep into my first year studying psychology part-time and juggling a couple of part-time jobs. When it came to getting my very own set of wheels, let's just say my savings account wasn't ready to cover the whole 'first car' dream. That's where Macquarie stepped in with a car loan that gave me the extra $15K I needed. Here's the real talk on how it all went down. The Good Stuff: Getting Approved: The thumbs up from Macquarie was super quick. It felt like they were just as excited about my new car as I was! Customer Service: Every time I rang up with a million questions (and trust me, there were many), they were chill and really helpful. Flexibility: They've got options to make extra payments, which is awesome 'cause I'm planning to knock this loan out ahead of schedule. Manageability: The online platform is pretty user-friendly. I can check my balance and manage payments without needing a degree in computer science. The Not-so-Great: Interest Rates: Okay, so I didn't exactly have my glasses on when reading the fine print. The interest rate? Higher than I expected. That's on me though — lesson learned to keep my eyes wide open. Loan Length: I've signed away five years to this loan. It's a bit of a bummer thinking about it, but I'm aiming to get ahead with those extra payments. Overall, I'm sitting comfy with my Macquarie car loan. It's a solid 7 out of 10 for me. Sure, I'm paying a bit more in interest than I'd like, but that's what you get when you jump in head-first. I've got my car, I've got a plan, and I'm learning heaps along the way — about cars, loans, and always reading the details!
Great and easy approval process. However, no online app no statements or emails or SMS updates. Would appreciate more on hands updates or contact. However we have had the car loan for almost 5 years and it's going fine.
Read full reviewGreat and easy approval process. However, no online app no statements or emails or SMS updates. Would appreciate more on hands updates or contact. However we have had the car loan for almost 5 years and it's going fine.
I was looking for a competitive car loan last year, I was knocked back by another lender for not having ever used a line of credit. Macquarie didn't bat an eyelid and made my application easy and pain-free for an EV car loan. My only grip is that their online loan banking is terrible, it doesn't easily show you how much is remaining on the loan, you have to request this as a document. I've seen better.
Read full reviewI was looking for a competitive car loan last year, I was knocked back by another lender for not having ever used a line of credit. Macquarie didn't bat an eyelid and made my application easy and pain-free for an EV car loan. My only grip is that their online loan banking is terrible, it doesn't easily show you how much is remaining on the loan, you have to request this as a document. I've seen better.
Great rates, flexible repayment options and excellent customer service.
Read full reviewGreat rates, flexible repayment options and excellent customer service.