new car loans

Looking to shack up with a shiny new car but short on cash? New car loans in Australia typically come with interest rates ranging from 4% to 9% per annum, depending on your credit score and the lender's mood. Loan terms usually stretch from 1 to 7 years, so you can either pay it off quickly or drag it out and pay more in interest — your call. Expect to fork out a deposit of about 10-20% of the car's price upfront. Remember, new cars can cost anywhere between $20,000 to over $100,000 AUD, so choose wisely. For a decent loan deal, check out ServiceCentral or CarShowroom for current offers and comparisons.