best car finance melbourne

Looking for the best car finance in Melbourne? Well, brace yourself for a wild ride through interest rates, loan terms, and hidden fees. Generally, banks and credit unions offer competitive rates around 5-9% APR for new cars, while dealership financing can sometimes sneak in higher rates but with convenience. For used cars, expect slightly higher rates, often in the 7-12% range.

Keep an eye on comparison sites and local lenders; places like ServiceCentral or CarShowroom might help you sniff out a decent deal. Remember, your credit score is the boss here—better score, better terms. And always read the fine print, or you might find yourself paying for a car loan longer than you own the car.