--- title: "Car Loan — Westpac" description: "Personal Loans from Westpac. Rates, fees, features and eligibility as published under Australia's Consumer Data Right." canonical: https://www.cdrcompare.au/brands/westpac/products/PLCar source: "CDR Compare" language: en-AU last_updated: 2026-08-21T05:30:51Z --- # Car Loan — Westpac > Personal Loans from Westpac. Rates, fees, features and eligibility as published by the provider under Australia's Consumer Data Right, compared on CDR Compare. **Personal Loans** Looking for your next car? Let?s get you moving. Apply online and you could be driving off in no time. ## At a glance - **From:** 5.74% (7.16% comparison) ## Apply Applications are handled by the provider: [Apply at Westpac](https://banking.westpac.com.au/zoom/personalloan/pol/plapp/appcapture?appType=Secured#/) ## Interest rates | Type | Rate | Comparison | Applies to | | --- | --- | --- | --- | | Fixed · 7 years (The rate displayed is for the EV New Car product. For information on the full rate range, please visit the Car Loan product page, contact us on 132 032 or visit your nearest branch.) | 5.74% | 7.16% | 12 to 84 MONTH | | Fixed · 7 years (The rate displayed is the minimum rate for the New Car product. For information on the full rate range, please visit the Car Loan product page, contact us on 132 032 or visit your nearest branch.) | 6.49% | 7.9% | 12 to 84 MONTH | | Fixed · 7 years (The rate displayed is the minimum rate for the New Hybrid Car product. For information on the full rate range, please visit the Car Loan product page, contact us on 132 032 or visit your nearest branch.) | 6.49% | 7.9% | 12 to 84 MONTH | | Fixed · 7 years (The rate displayed is the maximum rate for the New Hybrid Car product. For information on the full rate range, please visit the Car Loan product page, contact us on 132 032 or visit your nearest branch.) | 10.29% | 11.66% | 12 to 84 MONTH | | Fixed · 7 years (The rate displayed is the maximum rate for the New Car product. For information on the full rate range, please visit the Car Loan product page, contact us on 132 032 or visit your nearest branch.) | 12.99% | 14.34% | 12 to 84 MONTH | ## Fees | Fee | Type | Amount | | --- | --- | --- | | Loan Account Fee — Charged monthly | Ongoing | $15.00 | | Lending Establishment Fee | Upfront | $250.00 | | Prepayment Fee — Applies if you choose a term greater than 2 years and pay it out in less than 2 years. This fee is waived if you pay out your personal loan by refinancing to another Westpac personal loan | Exit | $175.00 | | Missed Payment Fee | Late payment | $15.00 | | Bank Cheque Fee | Event | $10.00 | ## Features - **Get up to $130,000 - Choose how much you want to borrow, from $10,000 to $130,000. Then decide between weekly, fortnightly, or monthly repayments.. (conditions apply)** - **Budget-friendly - You get a choice of 1-7 year loan terms to suit every budget. Your rate and repayments won't change for the full loan term.** - **5-minute quote - You'll get your personalised rate in minutes with no impact on your credit score. So, you can start planning your purchase sooner. ** - **Speedy funding - Once your loan?s approved, customers with an existing Westpac transaction account can access funds within an hour of contract acceptance.** - **Get a personalised rate - We'll show you your Personal Loan personalised rate and repayment estimate based on your credit score and the loan details you give us. It only takes a few steps, and it won't affect your credit score. ** - **A preferential fixed rate is available for�eligible electric and hybrid cars** - **Digital banking** (Internet and Phone banking : Includes the Security, Stopping or altering payments, Scheduled transactions and payments , Other transactions and payments, Faults and service difficulties) - **Extra repayments** (The product has EXTRA_REPAYMENTS option available. $0 extra repayment fee: There's no fee if you want to make extra repayments, however a prepayment fee may apply.) - **Fraud protection** (The product includes FRAUD_PROTECTION features.) - **Relationship management** (RELATIONSHIP_MANAGEMENT is available for eligible customers.) ## Eligibility - **Minimum age** — 18 years - **Residency status** — You're an Australian or New Zealand citizen or you have permanent residency in Australia and hold an acceptable visa - **A non-resident or migrant and hold an acceptable visa. Must have at least 1 year before expiry.** - **Have a fixed, Australian address** - **You have a fixed, verifiable residential address in Australia.** - **Hold a current Australian driver's licence or learner's permit** ## Constraints - **Minimum limit** — $10,000.00 (The minimum amount financed is $10,000) - **Maximum limit** — $130,000.00 (The maximum amount financed is $130,000) - **Repayment terms for Car Loans, Electric Car Loans, and Hybrid Car Loans range up to a minimum of 1 year.** - **Repayment terms for Car Loans, Electric Car Loans, and Hybrid Car Loans range up to a maximum of 7 years.** ## More information from Westpac - [Overview](https://www.westpac.com.au/personal-loans/car-loan) - [Terms & conditions](https://www.westpac.com.au/content/dam/public/wbc/documents/pdf/pb/personal-loans/p-l-contract-general-conditions.pdf) - [Eligibility](https://banking.westpac.com.au/zoom/personalloan/pol/plapp/appcapture?appType=Secured#/) - [Fees & pricing](https://www.westpac.com.au/personal-loans/car-loan) ## Data provenance - Published by Westpac under the Consumer Data Right - Product ID: `PLCar` - Last updated by the provider: 21 August 2026 - Source payload (JSON): https://www.cdrcompare.au/api/raw/westpac/PLCar - Provider page: https://www.cdrcompare.au/brands/westpac - CDR register entry: https://www.cdr.gov.au/find-a-provider?provider=000002 --- Source: [CDR Compare](https://www.cdrcompare.au/brands/westpac/products/PLCar) — product data published by Australian data holders under the Consumer Data Right. 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