Commonwealth Bank Secured Car Loan (Fixed)

8.49% p.a.to 10.49% p.a.

9.54% p.a.to 11.53% p.a.based on $30,000
over 5 years

$250

Commonwealth Bank Secured Car Loan (Fixed)

8.49% p.a.to 10.49% p.a.

9.54% p.a.to 11.53% p.a.based on $30,000
over 5 years

$250

Details
Customer Reviews
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Details
Customer Reviews
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Details

Rates and fees information correct as at 16 July 2019. Mozo has robust processes to ensure our site is updated to reflect the latest information from providers. There may be the odd occasion where updates are delayed, so please confirm information before purchasing.
Rates

  • Fixed

  • 8.49% p.a.to 10.49% p.a. fixed

  • 9.54% p.a.to 11.53% p.a.based on $30,000
    over 5 years

Fees

  • $250.00

  • $10.00

  • $20.00

  • $0.00

  • May be payable

Other financial bits

  • $10,000.00

  • none

  • 1 Year

  • 5 Years

  • Vehicle

Features

  • Weekly, Fortnightly, Monthly

  • yes

  • no

  • none

  • Can make extra repayments of up to $1,000 per year without penalty.

*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.

Customer Reviews

How are Commonwealth Bank personal loans rated by the Mozo community?

Overall customer rating
6.8/10

Based on 2046 Commonwealth Bank personal loan reviews

Price
6.1/10
Features
5.8/10
Customer service
7.3/10
Convenience
7.8/10
Trust
7.0/10

Latest reviews of Commonwealth Bank Secured Car Loan (Fixed)

  • Overall
    10/10
    Amazing

    Helped me purchase a car.

    Read full review

    Helped me purchase a car.

    Price
    10/10
    Features
    10/10
    Customer service
    10/10
    Convenience
    10/10
    Trust
    10/10

    Less

    Shandelle | Queensland

    reviewed 9 months ago

  • Overall
    3/10
    Need better assistance

    I am not happy with the loan department. Been with the same bank for a lot of years and they have...

    Read full review

    I am not happy with the loan department. Been with the same bank for a lot of years and they have not been very helpful.

    Price
    6/10
    Features
    3/10
    Customer service
    6/10
    Convenience
    5/10
    Trust
    8/10

    Less

    Allan | New South Wales

    reviewed 9 months ago

  • Overall
    7/10
    Greatest

    Their personal loan was very helpful in purchasing my new car.

    Read full review

    Their personal loan was very helpful in purchasing my new car.

    Price
    5/10
    Features
    5/10
    Customer service
    -1/10
    Convenience
    7/10
    Trust
    8/10

    Less

    Mark | Queensland

    reviewed 10 months ago

  • Overall
    6/10
    Average bank

    Just a little too expensive. Although I love the convenience and staff.

    Read full review

    Just a little too expensive. Although I love the convenience and staff.

    Price
    3/10
    Features
    3/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    7/10

    Less

    Brody | Victoria

    reviewed over 1 year ago

  • Overall
    7/10
    7 out of 10

    Not as bad as other banks but they need more ATM facilities

    Read full review

    Not as bad as other banks but they need more ATM facilities

    Price
    5/10
    Features
    5/10
    Customer service
    8/10
    Convenience
    8/10
    Trust
    2/10

    Less

    Chris | Western Australia

    reviewed over 1 year ago

Commonwealth Bank

About Commonwealth Bank

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.

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