Westpac Used Car Loan
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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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