Car loan interest rates in Australia, compared by lender
Advertised car and personal loan rate ranges from our lender reviews. Each row separates the original review date from any later rate source check. Rates can change, and the rate offered to you depends on the lender's assessment.
| Lender | Advertised rates | Comparison rate | Review and rate checks |
|---|---|---|---|
| AFS | From 7.99% p.a. fixed for new cars and 8.79% p.a. used (best rate needs good credit plus property ownership); published examples run 8.99% - 9.49% by loan size | 10.08% new / 10.87% used (on $30,000 over 5 years); published examples reach 34.75% on small short loans | Original review: |
| ANZ | 7.49% - 21.99% p.a. fixed or variable (unsecured personal loan; ANZ finances cars through its personal loans and has no secured consumer car loan) | 8.18% - 22.56% | Original review: |
| Affordable Car Loans | From 10.95% p.a. fixed; no upper rate published - rates vary with credit scoring and assessment | 11.50% (on $30,000 over 5 years) | Original review: |
| Bank of Melbourne | 6.49% p.a. to 12.99% p.a. secured personal loan / car loan (fixed); 7.00% p.a. to 21.99% p.a. unsecured personal loan (fixed); 7.00% p.a. to 21.99% p.a. unsecured personal loan (variable). Standard variable rate for unsecured variable rate loans is 14.99% p.a. | 7.90% p.a. to 14.34% p.a. secured personal loan / car loan; 8.41% p.a. to 23.28% p.a. unsecured personal loan (fixed and variable); 16.00% p.a. on the 14.99% p.a. standard variable unsecured rate | Original review: |
| Bizcap | Not published. Priced as a risk-adjusted factor rate - a fixed fee over the term that Bizcap states varies from one loan to the next. | See review | Original review: |
| CarStart Finance | Not published. Fixed for the term and set per applicant - CarStart states the rate is 'primarily driven by our assessment of your credit risk'. | See review | Original review: |
| Commonwealth Bank | Secured car loan 6.79% - 10.79% p.a. fixed; unsecured personal loans 7.25% - 22.25% p.a. fixed or 7.75% - 22.75% p.a. variable; EV rates from 5.79% p.a. under the EV Access Program | 8.20% - 12.16% secured car / unsecured 8.30% - 23.12% fixed, 8.79% - 23.62% variable | Original review: |
| Great Southern Bank | 6.49% - 13.19% p.a. fixed (secured car loan, vehicles up to 7 years old); Green Car Loan 6.09% - 12.44% for electric/hybrid; unsecured personal loan 7.49% - 20.19%; unsecured green personal loan 6.49% - 19.44%. All personalised to the borrower's profile | 6.63% - 13.34% (car); 6.23% - 12.59% (green car); 7.49% - 20.19% (unsecured) | Original review: |
| Greater Bank | 6.24% p.a. fixed (New Car Loan); 6.78% p.a. fixed (Secured Personal Loan, used car/new caravan/new boat/new motorbike); 8.99% p.a. fixed (Unsecured Personal Loan). Rates shown as effective 9am Tuesday 25/08/2026. | 6.63% p.a. (New Car Loan), 7.17% p.a. (Secured Personal Loan), 9.39% p.a. (Unsecured Personal Loan). Greater Bank states 'Personal Loan comparison rates are based on $30,000.00 for a term of five (5) years.' | Original review: |
| ING | 6.19% - 19.99% p.a. fixed (unsecured personal loan, priced across five published Equifax credit-score tiers from Outstanding to Satisfactory; ING finances cars through this product, there is no secured car loan) | 7.03% - 20.78% (based on $30,000 over 5 years) | Original review: |
| Latitude | 9.99% - 29.39% p.a. fixed or variable, personalised to your circumstances | 11.66% - 30.97% (fixed or variable) | Original review: |
| Money3 | Fixed, set per applicant after assessment; published maximum APR 12.95% (all worked examples on site use 12.95%) | 15.13% - 32.60% in published examples, depending on loan size and term | Original review: |
| MoneyMe | 6.24% - 26.10% p.a. (variable) | from 6.95% | Original review: |
| NAB | Secured NAB Car Loan 6.74% - 13.54% p.a. fixed (existing NAB customers only); unsecured personal loans 7.50% - 22.00% p.a. fixed or variable; EV discount takes car rates to 5.99% - 12.79% p.a. | 8.29% - 15.03% secured car (EV car 7.55% - 14.29%) / 8.90% - 23.29% unsecured | Original review: |
| Now Finance | 5.95% - 26.95% p.a. fixed unsecured, 5.95% - 21.65% p.a. fixed secured; vehicle loans 7.59% - 15.39% p.a. | equals the interest rate on personal loans (no fees); 8.43% - 16.29% on vehicle loans | Original review: |
| OurMoneyMarket | 5.95% - 18.99% p.a. fixed (priced individually by OurMoneyMarket's credit scorecard across loan grades A++ to D; representative rate 9.99%, which at least half of approved customers receive or better) | 5.95% - 21.78% (representative 11.91%; based on an unsecured $30,000 loan over 5 years) | Original review: Comparison rate source-checked: |
| Pepper Money | Personal loans 5.95% - 26.95% p.a. fixed. Car loan rates are quoted per application, not published. | from 5.95% (secured personal) | Original review: |
| Plenti | 5.95% - 24.09% p.a. personal (fixed or variable), 7.49% - 12.99% p.a. secured car (fixed) | 5.95% - 25.16% p.a. unsecured personal / 9.22% - 14.68% p.a. secured car (each based on $30,000 over 5 years) | Original review: Advertised and comparison rates source-checked: |
| Prospa | Not published. Each business receives a customised offer; the only figure on site is the loan calculator's illustrative 31% APR assumption, which Prospa states is not an advertised rate. | See review | Original review: |
| SocietyOne | 6.99% - 24.89% p.a. fixed, graded Tier 1 - 4, on secured and unsecured loans | 7.06% - 25.88% (basis: $10,000 secured over 3 years) | Original review: |
| St.George Bank | 6.49% p.a. to 12.99% p.a. secured personal loan / car loan (fixed); 7.00% p.a. to 21.99% p.a. unsecured personal loan (fixed); 7.00% p.a. to 21.99% p.a. unsecured personal loan (variable). Standard variable rate for unsecured variable rate loans is 14.99% p.a. | 7.90% p.a. to 14.34% p.a. secured personal loan / car loan; 8.41% p.a. to 23.28% p.a. unsecured personal loan (fixed and variable); 16.00% p.a. on the 14.99% p.a. standard variable unsecured rate | Original review: |
| Westpac | 6.49% - 12.99% p.a. fixed (secured car loan); EV 5.74% - 8.49%, hybrid 6.49% - 10.29%; unsecured personal loan 7.29% - 22.19% p.a. All personalised to the borrower's profile | 7.90% - 14.34% (car); 7.16% - 9.88% (EV); 8.69% - 23.48% (unsecured) | Original review: |
| Wisr | 7.44% - 25.09% p.a. personal, 8.24% - 20.74% p.a. secured car (all fixed) | from 8.27% personal / 9.77% secured car | Original review: |
| loans.com.au | 5.94% - 16.64% p.a. variable or 6.99% - 15.79% p.a. fixed (car loans; personalised by credit score, vehicle age and type, and home ownership) | 7.07% - 17.76% (variable); 8.12% - 16.91% (fixed); based on $30,000 over 5 years | Original review: |
Rates and fees are subject to change by the lender at any time.
*The comparison rate is based on the lender's published example and is true only for that example. 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.
How to read this table
The table brings together published pricing recorded in our lender reviews, where you can find the source pages and product conditions. A comparison rate includes interest and certain fees using the lender's published example. Those examples can use different loan amounts, terms and security arrangements, so check each example before comparing the figures.
Compare actual offers for the same amount and term, including fees and the total amount repayable. Also check security, eligibility and repayment conditions. Use the repayment calculator for an indicative repayment, then confirm the lender's personalised quote.
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