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Latitude Car Loan

Advertiser disclosure
The details shown below are for a variable loan of at least $5,000
The details shown below are for a fixed loan of at least $5,000

Choose the version of this loan that suits you best

Loan type Name Min loan amount Max loan amount
Variable Car Loan (Variable, Secured) $5,000
Fixed Car Loan (Fixed, Secured) $5,000
  • Loan: $5,000
  • Loan: $5,000
Interest rate from
9.49% p.a.to 29.99% p.a.
Comparison rate from
10.93% p.a.to 31.83% p.a.based on $30,000
over 5 years
Upfront fee
$395.00
Interest rate from
9.49% p.a.to 29.99% p.a.
Comparison rate from
10.93% p.a.to 31.83% p.a.based on $30,000
over 5 years
Upfront fee
$395.00

Mozo editorial review Latitude Car Loan - last updated: 1 November 2023

binocular icon
What's hot
  • Interest rates from 9.49% (10.93% comparison rate*)
  • Choice of loan repayment schedule
  • Preloved vehicles are eligible
What's not
  • up to 5% signup fee
  • Early termination costs may apply
Mozo snapshot

After a car loan? With fixed rates starting from 9.49% (10.93% comparison rate*), a Latitude loan could help you get from A to B in a new or preloved vehicle.

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Key features

The Latitude Car Loan is designed to help customers purchase a new or preloved vehicle, whether it’s a motorbike, car, or boat. Some providers offer car loans exclusively to those after a brand new ride. But the good news is if you go for the Latitude Car loan, preloved vehicles aged up to 15 years at end of loan can also get approved.

Latitude is flexible about the loan repayment structure too. As a customer you’re able to choose between a weekly, fortnightly, or monthly repayment schedule, as well as the day of the week repayments are due. But while cutting down debt faster in the form of additional repayments is fee-free, there isn’t a redraw facility and fees may kick in if you finalise your loan before required.

Car loans by Latitude generally start from $5k, although they can be lower when used to buy other vehicles such as motorbikes. Loan terms range from 2-7 years, and spare some room in your budget for those $13 monthly admin fees. You’ll also need to consider the establishment fee of $395 when taking out this loan. 
snapshot
Who is it good for

Borrowers looking for a car loan with set loan repayments thanks to the fixed interest rate and the ability to purchase a preloved vehicle with it too.

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Any catches

You can be charged up to $500 in early termination fees until the last 3 month of your loan for fixed loans.

Details

Rates and fees information correct as at 29 March 2024. 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

Variable

9.49% p.a.variable

10.93% p.a.to 31.83% p.a.based on $30,000
over 5 years

Fees

$395.00

$13.00

$45.00

$0.00

No early termination fee

Other financial bits

$5,000.00

none

2 Years

7 Years

Vehicle

Features

Car

Weekly, Fortnightly, Monthly

yes

no

none

none

WARNING: 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. 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.

Details

Rates and fees information correct as at 29 March 2024. 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

9.49% p.a.to 29.99% p.a. fixed

10.93% p.a.to 31.83% p.a.based on $30,000
over 5 years

Fees

$395.00

$13.00

$45.00

$0.00

$500 up until the last 3 months of the loan term

Other financial bits

$5,000.00

none

2 Years

7 Years

Vehicle

Features

Car

Weekly, Fortnightly, Monthly

yes

no

none

none

WARNING: 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. 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 Latitude personal loans rated by the Mozo community?

Overall
Price
Features
Customer service
Convenience
Trust

Latest reviews of Latitude Car Loan Personal Loan

About Latitude

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Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years

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Harmoney

Unsecured Personal Loan

5.76% p.a.to 24.03% p.a.

6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years

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OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

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Jacaranda Finance

Express Personal Loan

14.95% p.a.to 27.95% p.a.

29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years

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Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years

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OurMoneyMarket

Debt Consolidation

6.57% p.a.to 18.99% p.a.

7.19% p.a.to 19.39% p.a.based on $30,000
over 5 years

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loans.com.au

New Car Loan - Special

8.29% p.a.

9.40% p.a.based on $30,000
over 5 years

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Jacaranda Finance

Express Personal Loan

14.95% p.a.to 27.95% p.a.

29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years

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loans.com.au

Clean Green Car Loan

7.29% p.a.

8.41% p.a.based on $30,000
over 5 years

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NOW Finance

Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Unsecured Personal Loan

5.76% p.a.to 24.03% p.a.

6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years

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OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

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Jacaranda Finance

Express Personal Loan

14.95% p.a.to 27.95% p.a.

29.30% p.a.to 42.8% p.a.based on $10,000
over 3 years

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.to 26.95% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Unsecured Personal Loan

5.76% p.a.to 24.03% p.a.

6.55% p.a.to 24.98% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket
OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.to 8.84% p.a.based on $30,000
over 5 years

Thumbnail icon for Harmoney
Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.to 24.99% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance
NOW Finance

Unsecured Personal Loan

6.75% p.a.to 26.95% p.a.

6.75% p.a.

$0.00

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Harmoney

Unsecured Personal Loan

5.76% p.a.to 24.03% p.a.

6.55% p.a.

$0.00

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OurMoneyMarket

Low Rate Personal Loan

6.57% p.a.to 8.48% p.a.

7.19% p.a.

$0.00

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Harmoney

Debt Consolidation

5.76% p.a.to 24.03% p.a.

6.57% p.a.

$0.00

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OurMoneyMarket

Debt Consolidation

6.57% p.a.to 18.99% p.a.

7.19% p.a.

$0.00

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loans.com.au

New Car Loan - Special

8.29% p.a.

9.40% p.a.

$8.00

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loans.com.au

Clean Green Car Loan

7.29% p.a.

8.41% p.a.

$8.00

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