| Product | Interest rate from | Comparison rate from | Upfront fee |
|---|---|---|---|
| Unsecured Personal Loan (Fixed) |
7.49% p.a.to 19.99% p.a. |
8.18% p.a.to 20.58% p.a.based on $30,000 |
$150.00 |
| Unsecured Personal Loan (Variable) |
7.49% p.a.to 19.99% p.a. |
8.18% p.a.to 20.58% p.a.based on $30,000 |
$150.00 |
No, ANZ does not currently offer secured car loans. However, customers can still take out an unsecured personal loan with ANZ to help them purchase a car. This kind of loan can be set at a fixed or variable interest rate. If you're looking for secured car loan options to help you purchase a new set of wheels then check out Mozo's secured car loan comparison table.
With an ANZ fixed personal loan, the interest rate will be set at an agreed rate and will stay at this rate until the end of the term that you’ve set the fixed loan at. With a variable rate, however, your interest rate can change throughout your loan term. There are pros and cons to each loan type. Find out which option might suit your car-buying needs better at Mozo’s fixed and variable personal loan hubs.
ANZ’s minimum loan amount sits at $5,000 and goes right up to the $50,000 mark giving you plenty of room to move.
Say you splashed out $30,000 on a zippy new ride, with financing from an ANZ unsecured loan on a 5-year term. Based on the comparison interest rate at the time of writing, your weekly repayments would be $161.25. Try a personalised calculation of your own using our car loan repayments calculator.
It’s up to you! ANZ arranges for loan repayments to fall on weekly, fortnightly or monthly dates. Having this flexibility means you can pick the week your salary goes in to make repayments even easier.
They vary from 1-7 years. Work out how much you can comfortably pay back in each payment period, as this will help you determine the term that will work for you.
Yes, with ANZ’s variable and fixed personal loans you are able to make additional repayments and pay off your car sooner. However, things get a little more complicated with the fixed rate option. You are free to make extra repayments of up to 5% of the loan value (or $5,000, whichever is less) without being charged a fee. If you pay out the full fixed rate loan earlier than the agreed-upon time, you will have to pay a $300 early payment administration fee and you may also be required to pay early repayment costs.
While the fixed rate loan doesn't offer redraws, ANZ’s variable rate personal loan does have a redraw facility so you can dip into extra repayments free of charge. But remember, the interest rate is higher on this more flexible loan option.
Like most lenders, ANZ may penalise you with a late fee. If you can’t meet your repayment obligations, the worst-case scenario would be that you default on the loan. Being on time instead will protect your credit record in the lead up to bigger loan applications, like when you get set up to buy your first home.
Simply scroll up to where you first started reading this page and click a blue “go to site” icon beside the loan name. Otherwise, visit ANZ online directly, at a branch or dial its customer service line.
Mozo users have rated ANZ car loans on price, features, convenience, trust and customer service so you can see what real Aussies have to say about their experiences.
The bank is very useful and helpful.
Read full reviewThe bank is very useful and helpful.
I think every bank are really really good but this one here I mean my ANZ bank sometimes it's not really really good. A few times are so good but most of the time is not good as I expect. I really really want to change bank. In my point of view. Lots of things that the ANZ bank can't see. I can see very clear that things happen to my account. For example heaps of hackers come to my bank and steal money. Things that I want to explain is how come the hackers come to my access and pay something online in my account. I really really don't get it. Anyway that why I really really don't like my bank I mean my ANZ bank. They should see their customers need. I really really don't know. They don't care or they don't want help us or they really really don't know our problems until we come to the bank and face to face and once we come up to asked if they can't help us. They don't help us at that time. They asked me to make an appointment.for example I come in the morning to asked for help. I mean my bank or money is hacking. I really really need someone to help me straight away. Even my real bank ANZ. They asked me to make an appointment. The rules because I just come up and lots of people make an appointment that day. I understand and I try to calm down myself. That why I don't need their service very poor service. If not maybe I'm the one need a super fast help. I don't need making appointment.wven my bank . I better stop here. I hope U get a lesson to your bank from my side. I will stop here.
Read full reviewI think every bank are really really good but this one here I mean my ANZ bank sometimes it's not really really good. A few times are so good but most of the time is not good as I expect. I really really want to change bank. In my point of view. Lots of things that the ANZ bank can't see. I can see very clear that things happen to my account. For example heaps of hackers come to my bank and steal money. Things that I want to explain is how come the hackers come to my access and pay something online in my account. I really really don't get it. Anyway that why I really really don't like my bank I mean my ANZ bank. They should see their customers need. I really really don't know. They don't care or they don't want help us or they really really don't know our problems until we come to the bank and face to face and once we come up to asked if they can't help us. They don't help us at that time. They asked me to make an appointment.for example I come in the morning to asked for help. I mean my bank or money is hacking. I really really need someone to help me straight away. Even my real bank ANZ. They asked me to make an appointment. The rules because I just come up and lots of people make an appointment that day. I understand and I try to calm down myself. That why I don't need their service very poor service. If not maybe I'm the one need a super fast help. I don't need making appointment.wven my bank . I better stop here. I hope U get a lesson to your bank from my side. I will stop here.
In my opinion that bank is new for me and I think all the same with other bank. Ao I will go with that bank and I hope it ten times better than any bank. I would love to try this new bank
Read full reviewIn my opinion that bank is new for me and I think all the same with other bank. Ao I will go with that bank and I hope it ten times better than any bank. I would love to try this new bank
Not better or worse than others.
Read full reviewNot better or worse than others.
Less