Looking to shack up with a shiny set of wheels but short on the dosh? In Australia, car loans typically come with an interest rate ranging from 5% to 12% per annum, depending on your credit score, loan term, and the lender's mood. New car loans can stretch from $10,000 to $100,000+, while used car loans usually cover $5,000 to $50,000. Terms generally run from 1 to 7 years. Keep an eye on fees, loan flexibility, and the dreaded early repayment penalties. For the diggers among you, check out Tradingpost and CarShowroom for your ride, and ServiceCentral to keep it running post-loan.
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Know someone looking to buy or sell something? Send them to Tradingpost, Australia's original marketplace.
