Plenti logo

Plenti New Car Loan (Fixed)

Advertiser disclosure
Interest rate from
4.89% p.a.to 8.89% p.a.
Comparison rate from
5.44% p.a.to 9.46% p.a.based on $30,000
over 5 years
Upfront fee
$399
Go to site

Mozo editorial review Plenti New Car Loan (Fixed)

Last updated: 2 March 2021.

binocular icon
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.

key icon
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 $10,000 and $100,000. 

snapshot
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. 

question icon
Any catches

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


Details

Rates and fees information correct as at 11 May 2021. 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

  • 4.89% p.a.to 8.89% p.a. fixed

  • 5.44% p.a.to 9.46% p.a.based on $30,000
    over 5 years

Fees
  • $399.00

  • $0.00

  • $30.00

  • $0.00

  • 0

Other financial bits
  • $10,000.00

  • $100,000.00

  • 3 Years

  • 7 Years

  • Vehicle

Features
  • Monthly

  • yes

  • no

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

  • 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 Plenti personal loans rated by the Mozo community?

Overall
2.3/10
Price
3.3/10
Features
2.5/10
Customer service
3.0/10
Convenience
3.3/10
Trust
2.0/10

Latest review of Plenti New Car Loan (Fixed)

Thumbnail icon for Plenti

About Plenti

UK-based Plenti is one of the world’s largest peer to peer lenders (P2P) and has lent over $500 million since launching in October 2010. Its goal is to redefine savings and loans in Australia by cutting out the banks and providing more competitive interest rates to consumers.

See Plenti personal loans

Thumbnail icon for Plenti

Plenti

Unsecured Personal Loan (Fixed)

6.39% p.a.to 7.49% p.a.

6.39% p.a.

$0.00

Thumbnail icon for NOW Finance

NOW Finance

Unsecured Personal Loan

5.95% p.a.to 17.95% p.a.

5.95% p.a.to 17.95% p.a.based on $30,000
over 5 years

Thumbnail icon for Plenti

Plenti

Unsecured Personal Loan (Fixed)

6.39% p.a.to 7.49% p.a.

6.39% p.a.to 8.19% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket

OurMoneyMarket

Low Rate Personal Loan

5.40% p.a.

6.36% p.a.based on $30,000
over 5 years

Thumbnail icon for Symple Loans

Symple Loans

Personal Loan

5.75% p.a.to 25.99% p.a.

6.47% p.a.to 29.2% p.a.based on $30,000
over 5 years

Thumbnail icon for Alex

Alex

Personal Loan

5.49% p.a.to 19.99% p.a.

5.49% p.a.to 19.99% p.a.based on $30,000
over 5 years

Thumbnail icon for Wisr

Wisr

Unsecured Personal Loan

6.49% p.a.to 19.95% p.a.

6.76% p.a.to 20.26% p.a.based on $30,000
over 5 years

Thumbnail icon for MoneyMe

MoneyMe

Personal Loan

6.25% p.a.to 19.95% p.a.

7.64% p.a.to 21.35% p.a.based on $30,000
over 5 years

Thumbnail icon for SocietyOne

SocietyOne

Unsecured Personal Loan (Fixed)

5.95% p.a.to 9.99% p.a.

5.95% p.a.to 10.7% p.a.based on $30,000
over 5 years

Thumbnail icon for loans.com.au

loans.com.au

New Car Loan (Fixed)

4.67% p.a.

5.22% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance

NOW Finance

Secured Personal Loan

4.45% p.a.to 15.45% p.a.

4.45% p.a.to 15.45% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket

OurMoneyMarket

Car Loan

5.35% p.a.

5.65% p.a.based on $30,000
over 5 years

Thumbnail icon for Plenti

Plenti

New Car Loan (Fixed)

4.89% p.a.to 8.89% p.a.

5.44% p.a.to 9.46% p.a.based on $30,000
over 5 years

Thumbnail icon for loans.com.au

loans.com.au

Clean Green Car Loan

3.97% p.a.

4.51% p.a.based on $30,000
over 5 years

Thumbnail icon for Plenti

Plenti

Used Car Loan (Fixed)

5.29% p.a.to 9.99% p.a.

5.84% p.a.to 10.56% p.a.based on $30,000
over 5 years

Thumbnail icon for CUA

CUA

Secured Car Loan (Fixed)

6.79% p.a.

7.16% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance

NOW Finance

Unsecured Personal Loan

5.95% p.a.to 17.95% p.a.

5.95% p.a.to 17.95% p.a.based on $30,000
over 5 years

Thumbnail icon for OurMoneyMarket

OurMoneyMarket

Low Rate Personal Loan

6.29% p.a.to 8.48% p.a.

6.36% p.a.to 8.69% p.a.based on $30,000
over 5 years

Thumbnail icon for Symple Loans

Symple Loans

Personal Loan

5.75% p.a.to 25.99% p.a.

6.47% p.a.to 29.2% p.a.based on $30,000
over 5 years

Thumbnail icon for Alex

Alex

Personal Loan

5.49% p.a.to 19.99% p.a.

5.49% p.a.to 19.99% p.a.based on $30,000
over 5 years

Thumbnail icon for Wisr

Wisr

Unsecured Personal Loan

6.49% p.a.to 19.95% p.a.

6.76% p.a.to 20.26% p.a.based on $30,000
over 5 years

Thumbnail icon for SocietyOne

SocietyOne

Unsecured Personal Loan (Fixed)

5.95% p.a.to 9.99% p.a.

5.95% p.a.to 10.7% p.a.based on $30,000
over 5 years

Thumbnail icon for MoneyMe

MoneyMe

Personal Loan

6.25% p.a.to 19.95% p.a.

7.64% p.a.to 21.35% p.a.based on $30,000
over 5 years

Thumbnail icon for Plenti

Plenti

Unsecured Personal Loan (Fixed)

6.39% p.a.to 7.49% p.a.

6.39% p.a.to 8.19% p.a.based on $30,000
over 5 years

Thumbnail icon for NOW Finance

NOW Finance

Secured Personal Loan

4.45% p.a.to 15.45% p.a.

4.45% p.a.

$0.00

Thumbnail icon for loans.com.au

loans.com.au

New Car Loan (Fixed)

4.67% p.a.

5.22% p.a.

$0.00

Thumbnail icon for loans.com.au

loans.com.au

Clean Green Car Loan

3.97% p.a.

4.51% p.a.

$0.00