In Australia, the average car finance interest rate tends to hover around 6% to 9% per annum for new cars, while used car loans can creep up to 8% to 12% depending on your credit score and lender’s mood. Banks, credit unions, and car dealerships all play the game differently, so shop around like you’re picking a dodgy second-hand fruit market stall. Remember, these rates can vary wildly based on your financial history and negotiation skills.
For the most current and tailored rates, check out sites like Tradingpost or CarShowroom for market insights. Always read the fine print, or you might end up paying for the car twice over.
LightingListing your ad only takes a few minutes, and most categories are free.
Post an adA weekly hand-picked round-up of the best bargains, free stuff, and trending listings. No spam, unsubscribe anytime.
Know someone looking to buy or sell something? Send them to Tradingpost, Australia's original marketplace.
