Car Loan Calculator

This service is simple and easy, all you do is Search, Compare and Select the best car loan quote from the best banks and finance providers in Australia. And best of all, we give you access to real instant finance quotes that are based on finance type, vehicle age, term and financed amount. In fact, its as real as it gets online!

Car Loan Calculator & Car Loans Calculator

No Payout Penalties

bulb Its such an important concept to understand when deciding on your next car finacing option. "Payout Penalties" can add thousands of dollars to your payout figure upon early termination. 1300 Calculator can show you what to look out for and tips on how to avoid them. Find out more

Compare Car Loans

bulb Confused by all the car finaincing options? Do you want to know what the best car finance option is right for you? 1300 Calculator compares all the car finance options available for your individual or business requirements! Find out more

Secured Car Loans

What is a Secured Car Loan?

calculator

A Secured Car Loan is a typical consumer car loan, which is used by an individual to purchase a motor vehicle for private use. The finance provider will take an interest in the vehicle by using the vehicle as security for the loan. Interest rates are fixed for the life of term, which will give you a fixed monthly repayment. The facility falls under the consumer credit code (UCCC) where the interest rate, commission and other fees are disclosed on the contract. All consumer credit conditions apply to this type of car loan.

How does a Secured Car Loan work?

A Secured Car Loan is for an individual who wishes to finance a motor vehicle for private use. The finance provider funds full or part of the purchase price of the motor vehicle. This finance generally allocates for the individuals car insurance premium, dealer on-road costs as well as transfer fees to be incorporated into the consumer loan.

Secured Car Loan Benefits

  • Vehicle is used as security to help keep rates low
  • Fixed interest rate for the term of the loan
  • Choose to pay for the loan weekly, fortnightly or monthly
  • Balloon (residual) can be set up to reduce monthly repayments