Westpac Used Car Loan

Westpac
Start rate p.a.
-
Interest
-
Max. loan
-

Moneybuddy says

The Westpac Used Car Loan give you finance for a secondhand car (excludes imported models). You can access ***% of the loan and repay only the minimum amount. Make extra repayments when you need to and there is no early repayment fee. High borrow amounts are available and pay your loan back weekly, fortnightly and monthly. No redraw facility is available however.

The Basics

Car type Used

Security Secured

Car loan type Conventional Car Loan

Start rate p.a. -

Interest -

Max. loan -

The cool stuff: features

Loan insurance available? No

Repayment schedule Fortnightly

Online application Yes

Redraw facility No

Early repayment allowed Yes

Additional repayments allowed Yes

The Facts & Figures

Comparison rate p.a. -

Min. loan -

Min. term -

Max. term -

The ugly stuff: fees

Signup fee -

Exit fee -

Monthly fee -

* Important note: All product information comes from the product provider or an affiliate and to the best of our knowledge is correct at time of publishing.

Pros

  • No early repayment penalty
  • Competitive interest rate
  • Minimum repayment option

Cons

  • No redraw facility
 

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