Secured Fixed Car Loan (Dealer)
loans.com.au's Fixed Secured Car Loan offers a simple, competitive fixed rate with set repayments to help you finance your next vehicle with confidence. Choose a fixed term from 3 to 7 years, with finance available for new or used cars up to 12 years old purchased from a dealer.
- From
- 6.99%
- 8.12% comparison
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 7 years Fixed terms are available for the duration of the loan term, from a minimum of 3 years up to a maximum of 7 years. · Minimum risk-based rate. Individual rates are subject to credit assessment and asset selection. | 6.99% | 8.12% | — |
| Fixed · 7 years Fixed terms are available for the duration of the loan term, from a minimum of 3 years up to a maximum of 7 years. · Maximum risk-based rate. Individual rates are subject to credit assessment and asset selection. | 15.79% | 16.91% | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Fixed Rate Early Exit Fee Exit fee is waived if the loan runs to full term or is repaid within the final 12 months of the term. A $500 exit fee applies if the loan is repaid after the first two years, and a $700 exit fee applies if repaid within the first two years. | Exit | $500.00 – $700.00 |
| Monthly Fee Charged monthly · A fee charged monthly on the anniversary of the loan settlement. | Ongoing | $8.00 |
| Application Fee | Upfront | $400.00 |
Features
- Extra repayments
- Allows borrowers to make additional repayments on the loan to reduce interest and pay off the loan faster. Early repayment fees may apply.
- Balloon payments are available for fixed secured asset loan, where the asset is an eligible car. Balloon payments are not available where the asset is a caravan.
Eligibility
- Minimum age — 18 yearsApplicants must be at least 18 years old to apply for this loan.
- Residency status — Are Australian or New Zealand citizens living and working in either Australia or New Zealand, or are Permanent Residents of Australia living and working in Australia.
Constraints
- The loan term must be at least 3 years. — P3Y
- Minimum limit — $10,000.00The minimum loan amount available under this product is $10,000.
- Maximum limit — $150,000.00The maximum loan amount available for this product is $150,000. The maximum loan amount for vehicles over 7 years old is $50,000.
- The loan term cannot exceed 7 years. The maximum loan term for vehicles over 7 years old is 5 years. — P7Y
Published by loans.com.au under the Consumer Data Right · Last updated 12 June 2026 · Product ID lca-fixed-car-dealer