used car finance rates Page 5

Used car finance rates in Australia can be as slippery as a greased kangaroo. Typically, expect interest rates to hover between 6% and 12% per annum, depending on your credit score, the lender, and the car's age. New car loans usually enjoy lower rates, often between 3% and 7%, while used car loans carry a premium due to higher risk. Loan terms generally stretch from 1 to 7 years. It’s always wise to shop around, perhaps check out ServiceCentral or CarShowroom for finance options, and read the fine print before signing away your life savings.