Dealer finance in Australia is convenient, but convenience rarely comes free.
Expect typical comparison rates around 6%–12% p.a. for new cars and 7%–14% p.a. for used, depending on your credit, deposit and term.
Those headline 0% finance deals? Often recouped via a higher car price, fees, or a skinny trade-in—judge by the comparison rate and total payable.
Watch for balloon/residuals, early payout fees, and add-ons smuggled into the loan like tint and rust-proofing you didn’t order.
Get quotes from a bank or credit union, compare apples with apples, and negotiate the vehicle price separately—bundling is where the profit pixies play.
If your credit’s solid and you’ve got a deposit, you can usually beat the first dealership offer; if not, at least you’ll know whether it’s sharp or just shiny.
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