Looking for a loan to buy a car in Australia? Expect interest rates to vary wildly depending on your credit score and the lender, typically anywhere from 5% to 12% annually. New car loans often come with better deals from dealers or financiers, while used car loans might have slightly higher rates. Loan terms usually stretch from 1 to 7 years, affecting your monthly repayments and total interest paid. Don't forget to budget for insurance and registration on top of your repayments. For solid offers and comparisons, check out ServiceCentral or CarShowroom for finance options and used prices.
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