Buying a car can be very exciting. There is so much to think about – your budget, your financial situation, financing options, insurance, new vs used, along with type of car and model.

So whether it’s your first time buying a car or time to upgrade your existing car, drive away your dream car without breaking the budget with our award-winning Fixed Rate Car Loan. Borrow up to $150,000 for a new or used car up to 3 years old, and lock in a fixed interest rate for up to 5 years.

 

  • Flexible repayment options including weekly, fortnightly, or monthly repayments
  • No monthly loan fees
  • Flexibility to make extra repayments

 

5.99 % p.a. Interest rate 6.25 % p.a. Comparison rate

Mozo Experts Choice 2022 Used Car Loan

Product Features:

Car Loan Features
Minimum loan amount : No minimum
Maximum loan term : 7 years
Interest charges : Calculated daily, charged monthly
Repayment type : Principal & Interest
Repayment frequency : Weekly, fortnightly or monthly
Extra repayments : Unlimited
Establishment fee : $190
Monthly loan fee : $0
Early termination fee : $0
Redraw : Yes
In principle approval : Yes
Increase/top up : No

Footnotes: