How to find the best car loan in Australia
The best car loan is rarely the one with the lowest advertised rate. Here is how to compare the comparison rate, weigh secured against unsecured, and avoid a balloon payment that bites later.
Tag
3 articles
The best car loan is rarely the one with the lowest advertised rate. Here is how to compare the comparison rate, weigh secured against unsecured, and avoid a balloon payment that bites later.
A plain-English walkthrough of how to get a car loan in Australia, from checking your credit score to pre-approval, so you can negotiate like a cash buyer and avoid overpaying on dealer finance.
There are five common ways to finance a car in Australia: a secured car loan, an unsecured personal loan, dealer finance, a novated lease, or paying cash. Each suits a different buyer. Here is how they compare on rate, term and the fine print.