Looking to finance your next set of wheels down under? Australian car finance options range from traditional bank loans, novated leases, to dealership offers. Expect interest rates from about 4% to 10% depending on your credit score and loan term, which typically spans 1 to 7 years. New car loans might be bundled with manufacturer incentives, while used car finance tends to carry higher rates due to risk. Remember, a solid deposit (20% or more) can save you from crying over high monthly repayments. For deals and loan calculators, check out Tradingpost or CarShowroom to get a feel for the market prices and financing offers.
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Know someone looking to buy or sell something? Send them to Tradingpost, Australia's original marketplace.
