The cheapest car loan interest rate currently available is 5.49% p.a. (comparison rate 6.70% p.a.), based on loans on Money.com.au’s database. That’s a fixed rate electric vehicle car loan for borrowers with a perfect credit score and very strong application overall.
The average car loan interest rate in Australia is 12.08% p.a.
Here are the lowest car loan rate currently available on Money.com.au’s database of lenders for different types of loans and car purchases:
- Green car…
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