If you’re gearing up to buy a new car, then you’ll probably want a value-packed, low-rate car loan to help seal the deal. People’s Choice offers fixed rates starting at 6.49% p.a. (6.84% p.a. comparison rate*) on amounts from $20,000 to $120,000 and plenty of top-notch features to boot. It also picked up a win in the Car Loan category in the 2023 Mozo Experts Choice Awards.
Buying a new car or caravan that’s up to five years old? The People’s Choice Discounted Personal Car Loan will rev you up with its ripper rates, starting at a 6.49% p.a. fixed rate (6.84% p.a. comparison rate*) on loans between $20,000 and $120,000 and flexible loan terms from 1-10 years.
The People’s Choice Discounted Personal Car Loan cranks it up a notch with red hot features to match its competitive rates, like free extra repayments and a super convenient fee-free redraw facility, which is always handy to have in case you suddenly need access to those additional repayments you've made should any unexpected expenses pop up.
As this is a secured car loan, you'll need to put your new set of wheels up as security against the loan, in case you ever default. On that note, this loan offers plenty of flexible repayment options, giving you the choice of weekly, fortnightly or monthly repayments.
With super low fixed rates starting at 6.49% p.a. (6.84% p.a. comparison rate*) the People’s Choice Discounted Personal Car Loan is a solid offer for any Aussie looking to buy a fresh set of wheels up to five years old.
Be aware that the discounted fixed rate is only available for 5 years, after which it will jump to an 11.55% p.a. revert rate for the remaining term. And despite having no ongoing fees, watch out for the $250 application fee and $25 late payment fee.
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Fixed |
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6.49% p.a. fixed |
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6.84% p.a.based on $30,000 |
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$250.00 |
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$0.00 |
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$25.00 |
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n/a |
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$0.00 |
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$20,000.00 |
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$120,000.00 |
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1 Year |
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10 Years |
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Vehicle |
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- |
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Weekly, Fortnightly, Monthly |
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yes |
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yes |
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Fixed rates available up to 5 years, then revert to a variable rate of 11.55% p.a. for the remaining term up to 10 years. |
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Loan purpose includes purchasing or refinancing a new or used Car, Caravan (incl. campertrailer or motorhome) or Motorcycle up to 7 years old only. |
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.
I have been with the Credit Union for 26 years, and have always had a great experience when it came to lending.
Read full reviewI have been with the Credit Union for 26 years, and have always had a great experience when it came to lending.
They go above and beyond with their customer service when helping you, and nothing is too much trouble for them. they really try to help
Read full reviewThey go above and beyond with their customer service when helping you, and nothing is too much trouble for them. they really try to help
Easy, friendly and convenient. I can pay of my loan in my time.
Read full reviewEasy, friendly and convenient. I can pay of my loan in my time.
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
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
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
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
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
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
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
Clean Green Car Loan
7.69% p.a.
8.80% p.a.based on $30,000
over 5 years
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
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
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
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
Low Rate Personal Loan
9.14% p.a.to 11.19% p.a.
9.50% p.a.to 11.56% p.a.based on $30,000
over 5 years
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
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
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
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
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
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
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