Secured Car Loans

Thinking of buying a new car? With a secured car loan you can borrow against the asset and get a lower interest rate in return. Check out some of the current secured car loan offers the market in the table below.

Secured car loan comparisons on Mozo - rates updated daily

Want more? Compare all 194 car loans in the Mozo comparison engine.

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*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 calculated based on a loan of $30,000 for a term of 5 years or a loan of $10,000 for a term of 3 years as indicated, 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.

 

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Car Loan Resources

Reviews, news, tips and guides to help find the best car loan for you.

Secured car loan must knows

Did you know you can use the vehicle you're purchasing as security for a car loan?

In return the lender will give you a better interest rate and lower fees, saving you big bucks over the life of your loan - this is called a secured car loan.

While it may sound like a great option, before you commit, here are a few things to keep in mind:

What should I look for in a secured car loan?

Do they have fees?

How do I compare secured car loan deals?

Car Loan Reviews

WAW Credit Union
WAW Credit Union car loan review
Overall
0/10
Terrible

I have been WAW Credit Union. They are rude and I would never go with them again.

I have been WAW Credit Union. They are rude and I would never go with them again.

Price
2/10
Features
2/10
Customer service
2/10
Convenience
0/10
Trust
1/10

Anthony | Northern Territory

reviewed about 1 month ago

WAW Credit Union
WAW Credit Union car loan review
Overall
0/10
Terrible

I have been WAW Credit Union. They are rude and I would never go with them again.

I have been WAW Credit Union. They are rude and I would never go with them again.

Price
2/10
Features
2/10
Customer service
2/10
Convenience
0/10
Trust
1/10

Anthony | Australian Capital Territory

reviewed about 1 month ago

Westpac
Westpac car loan review
Overall
7/10
The best thing I did was shifting to them them

They are a good Bank who have never given me any problems.

They are a good Bank who have never given me any problems.

Price
7/10
Features
7/10
Customer service
6/10
Convenience
8/10
Trust
9/10

John | Tasmania

reviewed about 1 month ago

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