Commonwealth Bank car loan reviews

Commonwealth Bank
Commonwealth Bank's overall rating for car loans

(as rated by the Mozo community)

7.2 / 10

based on 223 reviews

Price

Features

Customer service

Convenience

Trust

Featured car loan from Commonwealth Bank

Commonwealth Bank Unsecured Personal Loan (Variable)

Interest rate

12.90% p.a.to 18.90% p.a.

comparison rate*

13.77% p.a.to 19.74% p.a.based on $30,000
over 5 years

Fees

$150.00upfront and $10.00/month

 Contact provider or click here for more Commonwealth Bank car loans

Recent Commonwealth Bank car loan reviews

Commonwealth Bank

Commonwealth Bank car loan review

Overall rating   7 / 10

Good provider

It's a good bank. We are maintained money. We recommend with others...

Full review

It's a good bank. We are maintained money. We recommend with others...

    Price   6 / 10

Less

Ramya, New South Wales, reviewed over 1 year ago

Commonwealth Bank

Commonwealth Bank car loan review

Overall rating   10 / 10

Very good provider

    Price   0 / 10

Less

Robert, Queensland, reviewed over 1 year ago

Commonwealth Bank

Commonwealth Bank Secured Car Loan (Fixed) car loan review

Overall rating   6 / 10

Could do a little more for pensioners

After applying for a loan it took some time to get a response.

Full review

After applying for a loan it took some time to get a response.

    Price   7 / 10

Less

Stuart, Queensland, reviewed over 1 year ago

Commonwealth Bank

Commonwealth Bank Secured Car Loan (Fixed) car loan review

Overall rating   10 / 10

Very quick and friendly service

very quick and friendly service

Full review

very quick and friendly service

    Price   8 / 10

Less

Paula, New South Wales, reviewed over 1 year ago

Commonwealth Bank

Commonwealth Bank Secured Car Loan (Fixed) car loan review

Overall rating   10 / 10

Great to work with

great to work with

Full review

great to work with

    Price   10 / 10

Less

Amanda, Queensland, reviewed almost 2 years ago

Commonwealth Bank

Commonwealth Bank Secured Car Loan (Fixed) car loan review

Overall rating   4 / 10

Average service

Was very good to start with but when I applied for a credit card the service was very mediocre.

Full review

Was very good to start with but when I applied for a credit card the service was very mediocre.

    Price   4 / 10

    Features   3 / 10

    Customer service   6 / 10

    Convenience   3 / 10

    Trust   4 / 10

Less

Andrea, New South Wales, reviewed almost 2 years ago

Commonwealth Bank

Commonwealth Bank Student Car Loan (Fixed, Secured) car loan review

Overall rating   10 / 10

Best customer service I have ever received

From start to finish was a good experience

Full review

From start to finish was a good experience

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Abe, Queensland, reviewed over 2 years ago

Commonwealth Bank

Commonwealth Bank Unsecured Personal Loan (Variable) car loan review

Overall rating   6 / 10

Needed loan for 4x4

Not bad

Full review

Not bad

    Price   5 / 10

    Features   6 / 10

    Customer service   6 / 10

    Convenience   6 / 10

    Trust   5 / 10

Less

Bradley, Western Australia, reviewed over 2 years ago

Commonwealth Bank

Commonwealth Bank Unsecured Personal Loan (Variable) car loan review

Overall rating   8 / 10

Easy to manage with excellent service.

I have been a Commonwealth Bank customer for 34 years since I was 6 years old with my first ever bank account. There is a reason for not changing banks, their rates are competitive, their products easy to manage (especially Netbank) and their...

Full review

I have been a Commonwealth Bank customer for 34 years since I was 6 years old with my first ever bank account. There is a reason for not changing banks, their rates are competitive, their products easy to manage (especially Netbank) and their branch staff are always happy, helpful and positive.

    Price   7 / 10

    Features   7 / 10

    Customer service   9 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

Darren, New South Wales, reviewed over 2 years ago

Commonwealth Bank

Commonwealth Bank car loan review

Overall rating   10 / 10

Excellent

Very happy with Commonwealth Bank, never going to change

Full review

Very happy with Commonwealth Bank, never going to change

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Ashkim, Victoria, reviewed almost 3 years ago

Commonwealth Bank

Commonwealth Bank Secured Car Loan (Fixed) car loan review

Overall rating   3 / 10

Could improve

Too expensive

Full review

Too expensive

    Price   3 / 10

    Features   3 / 10

    Customer service   3 / 10

    Convenience   3 / 10

    Trust   3 / 10

Less

Halina, Queensland, reviewed almost 3 years ago

Commonwealth Bank

Commonwealth Bank car loan review

Overall rating   7 / 10

Low interest paid.

Low interest paid.

Full review

Low interest paid.

    Price   6 / 10

    Features   6 / 10

    Customer service   6 / 10

    Convenience   6 / 10

    Trust   7 / 10

Less

Prudence, New South Wales, reviewed almost 3 years ago

Commonwealth Bank

Commonwealth Bank Unsecured Personal Loan (Variable) car loan review

Overall rating   9 / 10

Fantastic service with loans

Great for loans. They will help you find the best loan that suits you.

Full review

Great for loans. They will help you find the best loan that suits you.

    Price   9 / 10

    Features   9 / 10

    Customer service   9 / 10

    Convenience   9 / 10

    Trust   9 / 10

Less

Emma, New South Wales, reviewed almost 3 years ago

Commonwealth Bank

Commonwealth Bank Unsecured Personal Loan (Variable) car loan review

Overall rating   10 / 10

Always helpful to their customers

Awesome bank to use, no problems or hassles

Full review

Awesome bank to use, no problems or hassles

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Lionel, New South Wales, reviewed almost 3 years ago

Commonwealth Bank

Commonwealth Bank car loan review

Overall rating   8 / 10

Great value product, simple terms and conditions.

Competitive interest rate and simple payment options.

Full review

Competitive interest rate and simple payment options.

    Price   8 / 10

    Features   6 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   7 / 10

Less

John, Victoria, reviewed almost 3 years ago

Commonwealth Bank

Commonwealth Bank Unsecured Personal Loan (Variable) car loan review

Overall rating   10 / 10

Good service

Easy to get a loan and good service.

Full review

Easy to get a loan and good service.

    Price   10 / 10

    Features   9 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

Courtney, Queensland, reviewed almost 3 years ago

Commonwealth Bank

Commonwealth Bank car loan review

Overall rating   8 / 10

A

Amaz

    Price   8 / 10

    Features   8 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Shaun, Western Australia, reviewed about 3 years ago

Commonwealth Bank

Commonwealth Bank car loan review

Overall rating   8 / 10

Friendly service

Helpful explaining loan options.

Full review

Helpful explaining loan options.

    Price   5 / 10

    Features   5 / 10

    Customer service   8 / 10

    Convenience   8 / 10

    Trust   8 / 10

Less

Anthony, New South Wales, reviewed about 3 years ago

Commonwealth Bank

Commonwealth Bank car loan review

Overall rating   9 / 10

Banked with them for years and will stay with them

Great service and helpful advice!

Full review

Great service and helpful advice!

    Price   9 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

Maddie, New South Wales, reviewed about 3 years ago

Commonwealth Bank

Commonwealth Bank Student Unsecured Personal Loan (Variable) car loan review

Overall rating   10 / 10

Great

Great

Full review

Great

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   9 / 10

Less

Warren, Victoria, reviewed about 3 years ago

Commonwealth Bank

Commonwealth Bank Secured Car Loan (Fixed) car loan review

Overall rating   3 / 10

Horrible interest rates and poor customer service

They gave me a horrible interest rate of 18% and continued to over draw my account even after receiving my weekly car loan payment.

Full review

They gave me a horrible interest rate of 18% and continued to over draw my account even after receiving my weekly car loan payment.

    Price   1 / 10

    Features   4 / 10

    Customer service   1 / 10

    Convenience   2 / 10

    Trust   2 / 10

Less

Cameron, South Australia, reviewed about 3 years ago

Commonwealth Bank

Commonwealth Bank car loan review

Overall rating   7 / 10

Great

Easy, simple and convenient.

Full review

Easy, simple and convenient.

    Price   7 / 10

    Features   7 / 10

    Customer service   7 / 10

    Convenience   7 / 10

    Trust   7 / 10

Less

Paul, New South Wales, reviewed about 3 years ago

Commonwealth Bank

Commonwealth Bank Secured Car Loan (Fixed) car loan review

Overall rating   10 / 10

I've been with Commbank for over two decades

It's OK banking with Commbank.

Full review

It's OK banking with Commbank.

    Price   5 / 10

    Features   5 / 10

    Customer service   5 / 10

    Convenience   8 / 10

    Trust   10 / 10

Less

Francine, Western Australia, reviewed over 3 years ago

Commonwealth Bank

Commonwealth Bank Secured Car Loan (Fixed) car loan review

Overall rating   10 / 10

Great

GreT

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Michael, New South Wales, reviewed over 3 years ago

Commonwealth Bank

Commonwealth Bank Unsecured Personal Loan (Variable) car loan review

Overall rating   10 / 10

Awesome

Hassle free loan, fast friendly service.

Full review

Hassle free loan, fast friendly service.

    Price   10 / 10

    Features   10 / 10

    Customer service   10 / 10

    Convenience   10 / 10

    Trust   10 / 10

Less

Sandra, Western Australia, reviewed over 3 years ago

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Car loan comparisons on Mozo - rates updated daily

  • Australian Military Bank Car Loan - Excellent Credit (Up to 5 years old, Variable, Secured)

    Australian Military Bank Car Loan - Excellent Credit (Up to 5 years old, Variable, Secured)

    • Tailored rates based on your personal credit history
    • Apply Online
    • No penalty for early repayments

    Interest rate

    5.71% p.a.to 8.66% p.a.

    comparison rate*

    6.57% p.a.to 10.07% p.a.based on $30,000
    over 5 years

    Fees

    $100.00upfront
    and
    $10.00/month

    		 Go to site

    More info

    • Tailored rates based on your personal credit history
    • Apply Online
    • No penalty for early repayments
    • Upfront fees: $100
    • Monthly fee: $10.00
    • Exit fee: $0.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Security required: Vehicle
    • Minimum loan amount: $1,000.00
    • Maximum loan amount: $80,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 7 Years
    Overall rating

    6.3

    Based on 28 Australian Military Bank car loan reviews

    Need more information?
    Go to site

    More info

  • MyState Bank Secured Personal Loan (vehicles up to 2 years old, Variable)

    MyState Bank Secured Personal Loan (vehicles up to 2 years old, Variable)

    • Fast online conditional approval and same day funding available
    • Borrow anything from $10,000 to $75,000 with loan terms up to 10 years
    • Free online redraws and no penalties on early loan payout or lump sum payments

    Interest rate

    7.99% p.a.

    comparison rate*

    8.96% p.a.based on $30,000
    over 5 years

    Fees

    $200.00upfront
    and
    $10.00/month

    		 Go to site

    More info

    • Fast online conditional approval and same day funding available
    • Borrow anything from $10,000 to $75,000 with loan terms up to 10 years
    • Free online redraws and no penalties on early loan payout or lump sum payments
    • Upfront fees: $200
    • Monthly fee: $10.00
    • Exit fee: $0.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Security required: Other, Vehicle
    • Minimum loan amount: $10,000.00
    • Maximum loan amount: $75,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 10 Years
    Overall rating

    8.7

    Based on 7 MyState Bank car loan reviews

    Need more information?
    Go to site

    More info

  • RACV New Car Loan (Fixed, Secured)

    RACV New Car Loan (Fixed, Secured)

    • No ongoing fees
    • Fast approval secure personal loan
    • Choose to repay over 1 to 7 years

    Interest rate

    5.99% p.a.to 15.00% p.a.

    comparison rate*

    6.55% p.a.to 15.61% p.a.based on $30,000
    over 5 years

    Fees

    $399.00upfront
    and
    $0.00/month

    		 Go to site

    More info

    • No ongoing fees
    • Fast approval secure personal loan
    • Choose to repay over 1 to 7 years
    • Upfront fees: $399
    • Monthly fee: $0.00
    • Exit fee:
    • Repayment options: Fortnightly, Monthly
    • Security required: Vehicle
    • Minimum loan amount: $5,000.00
    • Maximum loan amount:
    • Minimum loan term: 1 Year
    • Maximum loan term: 7 Years
    Need more information?
    Go to site

    More info

  • loans.com.au New Car Loan (Up to 2 years old, Fixed, Secured)

    loans.com.au New Car Loan (Up to 2 years old, Fixed, Secured)

    • No monthly or ongoing fees
    • Borrow $5K to $100K
    • 3,4,5 year loan term available

    Interest rate

    5.44% p.a.to 5.94% p.a.

    comparison rate*

    5.99% p.a.to 6.5% p.a.based on $30,000
    over 5 years

    Fees

    $400.00upfront
    and
    $0.00/month

    		 Go to site

    More info

    • No monthly or ongoing fees
    • Borrow $5K to $100K
    • 3,4,5 year loan term available
    • Upfront fees: $400
    • Monthly fee: $0.00
    • Exit fee: $0.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Security required: Vehicle
    • Minimum loan amount: $5,000.00
    • Maximum loan amount: $100,000.00
    • Minimum loan term: 3 Years
    • Maximum loan term: 5 Years
    Need more information?
    Go to site

    More info

  • CUA Secured Car Loan (Fixed)

    CUA Secured Car Loan (Fixed)

    • $0 establishment fee for a limited time. Conditions apply. $90 Security Admin fee applies
    • No penalties for early payout or extra repayments. Free redraw.
    • No monthly fees

    Interest rate

    6.79% p.a.

    comparison rate*

    6.92% p.a.based on $30,000
    over 5 years

    Fees

    $90.00upfront
    and
    $0.00/month

    		 Go to site

    More info

    • $0 establishment fee for a limited time. Conditions apply. $90 Security Admin fee applies
    • No penalties for early payout or extra repayments. Free redraw.
    • No monthly fees
    • Upfront fees: $90
    • Monthly fee: $0.00
    • Exit fee: $0.00
    • Repayment options: Weekly, Fortnightly, Monthly
    • Security required: Vehicle
    • Minimum loan amount: $5,000.00
    • Maximum loan amount: $100,000.00
    • Minimum loan term: 1 Year
    • Maximum loan term: 7 Years
    Overall rating

    8.8

    Based on 42 CUA car loan reviews

    Need more information?
    Go to site

    More info

*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.

Want more? Compare all 194 car loans in the Mozo comparison engine.

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*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.

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