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Plenti New Car Loan (Fixed)

Advertiser disclosure
Interest rate from
4.89% 9.99% p.a.
Comparison rate from
5.44% 10.56% p.a.based on $30,000
over 5 years
Upfront fee

Mozo editorial review Plenti New Car Loan (Fixed) - last updated: 5 October 2021

4.5 / 5
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What's hot
  • Fixed rates from 4.89% (5.44% comparison rate*)
  • Extra repayments welcome
  • No exit fee
What's not
  • $399 upfront fee
Mozo snapshot

If you’ve got a great credit history and are on the hunt for the right loan for a new car, then you might want to give the Plenti Car Loan (Fixed) a look. Based on your credit score, you could get a personalised fixed interest rate starting from 4.89% (5.44% comparison rate*). Just keep in mind that since this is a secured car loan, you will have to use the vehicle you’re purchasing as security against the loan.

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Key features

Thinking of picking up a brand new set of wheels? Look no further than the Plenti Car Loan (Fixed).

If you’ve got a pristine credit history, you could have access to the competitive starting from 4.89% fixed interest rate (5.44% comparison rate*), which can help you save big on interest. 

And speaking of saving, did we mention that there is no monthly service fee, exit fee or early repayment fee with this loan? Although repayments are made on a monthly basis, if you’re keen to pay off your loan as fast as possible, you’ll be able to do so at no extra cost thanks to the free extra repayments feature. However, bear in mind you cannot make redraws on this loan. 

As the name suggests, with the Plenti Car Loan (Fixed), there are plenty of borrowing options. Choose loan terms from 3, 5 or 7 years and borrow between $10,001 and $100,000. 

Who is it good for

The Plenti Car Loan (Fixed) could be a good choice for Aussies with a great credit score looking to take advantage of a competitive fixed rate. This loan is meant for a new car. 

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Any catches

While that low fixed rate is appealing, make sure you consider the $399 upfront fee. 

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Polly Fleeting
Money writer

Polly Fleeting is a personal finance writer here at Mozo, specialising in loans and credit cards. Her work is aimed at helping people find ways to make smart product choices, reduce debt and get more for their hard-earned dollars. Polly has a degree in Journalism from the University of Technology, Sydney. She is also ASIC RG146 (Tier 2) certified for general advice.


Rates and fees information correct as at 25 January 2022. 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.


4.89% 9.99% p.a. fixed

5.44% 10.56% p.a.based on $30,000
over 5 years







Other financial bits



3 Years

7 Years






Displayed interest rate is for customers with an excellent credit history.


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.

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