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Westpac New Car Loan by Westpac


Westpac New Car Loan

Institution : Westpac

Interest Type

-

Car Loan Type

Conventional Car Loan

Their Blurb

-

Our View

The Westpac New Car Loan has a very competitive interest rate with great options like minimum repayment amount, extra repayments and no exit fee. Generous loan amounts are available and the repayment options are weekly, fortnightly of monthly. You can apply online. Penalty fees for missed payments apply and a highish establishment fee applies.

Pros

  • Lower interest rate
  • Online application
  • Minimum repayment option

Cons

  • No redraw facility



The Facts & Figures 
Minimum Term1.00 year
Additional repayments allowed Yes
Maximum Term7.00 years
Car TypeNew
Minimum Loan Amount$ 4000.00
Special offers -
Maximum Loan Amount$ 100000.00
Repayment scheduleFortnightly
The cool stuff: features 
Loan Insurance Available? No
Online Application Yes
Redraw Facility No
Application Fee$ 250.00
Early Repayment Allowed Yes
Monthly Fee$ 7.50
Exit Fee -
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