car loans used

Looking for a loan to snag a used car? Typical used car loans in Australia come with interest rates ranging from about 6% to 12% per annum, depending heavily on your credit score and the lender's mood. Loan terms usually stretch from 12 to 72 months, with monthly repayments reflecting the principal, interest, and any fees. New car loans often boast lower rates and better terms, but used car loans are the pragmatic choice for thrifty buyers or those chasing an older model. Remember to factor in insurance, registration, and maintenance costs—those beauties don’t pay for themselves. For competitive offers, peek at Tradingpost or CarShowroom financing options, and always read the fine print lest you end up paying more than the car’s worth.