Looking for low rate car loans? The trick is to shop around like a bargain-hunting ninja. Australian car loan interest rates typically range from 5% to 12% per annum, depending on your credit score, loan term, and whether you choose a secured or unsecured loan. New car loans might start a bit lower, especially if the dealer offers promotional rates, while used car loans usually carry higher rates due to increased risk. Don't forget to check lenders on Tradingpost and CarShowroom for competitive offers. Keep an eye out for hidden fees and always calculate the total cost, not just the headline rate.
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