Looking to finance your next set of wheels? Car loans in Australia typically offer interest rates ranging from 5% to 12% depending on your credit score and loan term. New car loans can stretch up to 7 years, while used car loans usually max out around 5 years. Expect to cough up a deposit of about 10-20% of the car's price. Remember to factor in extras like loan establishment fees and monthly repayments that fit your budget. For a no-nonsense start, check out lenders advertised on Tradingpost or ServiceCentral to compare deals.
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