best car loan in australia

Looking for the "best" car loan in Australia? Well, that depends if you prefer paying more in interest for flashy perks or just want to keep the lender off your back. Expect rates anywhere from about 5% to 10% APR depending on your credit score and loan type. Banks like Commonwealth Bank and NAB offer competitive fixed and variable rates, while credit unions might throw in some sweeter deals if you're part of their club.

New car loans often come with promotional rates, but beware the fine print. Used car loans might have slightly higher rates due to risk. Always check Tradingpost or CarShowroom for your car budget, then line up your finance accordingly. Remember, the "best" is the one that doesn't leave you crying into your wallet each month.