shakes things up with car loan rate cuts

Loans com au shakes things up with car loan rate cuts content has done it again, folks! Online lender has slashed its car loan rates, bringing its New Car Loan and Used Car Loan Fixed base rates down to a super low 4.99% p.a. (5.54% comparison rate^^) starting point for both new and used cars.

With the end of financial year sales popping up, now’s the time to go out and buy that Jeep you’ve been eyeing off for months now. Managing Director Marie Mortimer said, “with amazing rates like this available, it is even more important for buyers to arrange a competitively priced loan before they visit the dealership, instead of accepting whatever finance the dealer offers them.”

And if you pick out a low-emissions vehicle from the Green Car list, you’ll score a 0.70% Green Car discount with the Clean Green Car Loan. So, you won’t just be saving the environment, you’ll be saving some cash too!

Take a look at the new and improved car loans below: New Car Loan (Fixed) New Car Loan
  • Low fixed rates from 4.99% p.a. (5.54% comparison rate^^)

  • Fee-free extra repayments

  • 2018 Mozo Experts Choice Award Winner in the Car Loan category*

The details:

Whether it's a shiny new two-door convertible or a roomy 4wd for the whole family, then seal the deal with the New Car Loan (Fixed). This online car loan comes with competitive fixed rates from 4.99% p.a. (5.54% comparison rate^^) plus, the choice of a 3-5 year loan term and flexible weekly, fortnightly or monthly loan repayment options. And if you’re looking at a used car, you’ll be happy to know that this 2018 Mozo Experts Choice award-winning loan is suitable for vehicles of up to 4 years old. Clean Green Car Loan (Fixed) Clean Green Car Loan
  • Fixed rates from 4.29% p.a. (4.83% comparison rate^^)

  • Flexible repayment options

  • 2018 Mozo Experts Choice Award Winner in the Best New Loan Product category*

The details:

If you’re after an environmentally friendly set of wheels, start taking notes. With super low fixed rates from 4.29% p.a. (4.83% comparison rate^^) on loans between $5,000 and $100,000, plus flexible weekly, fortnightly and monthly repayment options, the Clean Green Car Loan (Fixed) could be just the thing you’re after! Not to mention it’s a 2018 Mozo Experts Choice award-winner. Used Car Loan (Up to 4 years old, Fixed, Secured) Used Car Loan
  • Variable rates from 4.99% p.a. (5.54% comparison rate^^)

  • Free extra repayments

  • Flexible weekly, fortnightly and monthly repayment options

The details:

If you’re planning on picking up a secondhand set of wheels, then with low variable rates from 4.99% p.a. (5.54% comparison rate^^) on loan amounts ranging from $5,000 to $100,000, the Used Car Loan (Fixed) might be the one for you! Plus, there are loads of flexible features to sink your teeth into, like flexible repayment options and extra repayments, so you can pay your loan off as fast as you like.

^See information about the Mozo Experts Choice Car loans Awards

For more options, head over to our car loan comparison table

*Find out more about the Mozo Expert Choice Awards for Car Loans and the People’s Choice Awards.

^ 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 rates displayed are for the amounts and terms below, based on monthly principal and interest repayments, on a secured basis for secured loans and an unsecured basis for unsecured loans. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan. ^ Based on $10,000 over 3 years ^^ Based on $30,000 over 5 years