What's your interest rate (on your car)

[AWD Chaser]

Hi guys.

Just a quick poll to see what other people got for their interest rates!

[Disciple]

I got mine originally with Commbank at like 11.75 or something because we have a mortgage with Colonial. The loan tho, was variable and interest rates started going up so I secured it. Now it's about 13.2 or something, but that was for my car and mods to the car as well and the money was given to me as cash, hence I can do anything with it. It was more like a personal loan than a car loan I guess.

[XRUTEDAVE]

10.4% fixed rate secured over 4 years from which bank on the XR8 ute. Should be picking it up right now, but there was a stuff up with the VIN numbers and they couldn't transfer the funds till nearly 5:30 yesterday arvo so the dealer couldn't check it acctually happened, so I'll have to wait until monday.

[T-BOOST]

Originally Posted by XRUTEDAVE

10.4% fixed rate secured over 4 years from which bank on the XR8 ute. Should be picking it up right now, but there was a stuff up with the VIN numbers and they couldn't transfer the funds till nearly 5:30 yesterday arvo so the dealer couldn't check it acctually happened, so I'll have to wait until monday.

Boo Hisss You would have been eager to get it for the weekend. that sucks

Mine is 9.55% fixed through suncorp. the cba wanted 13.75% unless we took our morgage over to them, yeah right. Iv'e had my accounts with them all my life and thats not good enough, they want the morgage too.
They missed out.

[XRUTEDAVE]

Originally Posted by T-BOOST

Boo Hisss You would have been eager to get it for the weekend. that sucks

Yeah, that's nearly what I said.

[fordel]

8.25% fixed for 5 years.

[charles_wif_xf]

Originally Posted by fordel

8.25% fixed for 5 years.

Me too! But I'm making double payments so I'll be able to knock it over in a year and a half (pay off the balance at that time; the bank will hate me!!!)

[hy_boi]

8.5 through toyota finance.

[troppo]

7.64 fixed for 5 yrs.

[GT0132]

Originally Posted by troppo

7.64 fixed for 5 yrs.

How are you guys getting such cheap rates ?...When I bought my car 3 years ago i got a personal loan through St George at 12.5% which is rather steep compared to what you guys are getting.

I'm now looking upgrading to a GT/GTP so need to organise some finance so any help would be appreciated.

I'm in NSW

Cheers

[Smoke Pursuit]

Originally Posted by ozmale42

How are you guys getting such cheap rates ?...When I bought my car 3 years ago i got a personal loan through St George at 12.5% which is rather steep compared to what you guys are getting.

I'm now looking upgrading to a GT/GTP so need to organise some finance so any help would be appreciated.

I'm in NSW

Cheers

Commercial Loan / Leasing is cheaper thats why most of us get around the 8s, but the rates have gone up, early 9s are good at the moment!

[redxm]

zip, paid cash for the au3. only way to do it. theiving banks have enough money as it is

[Kenaz]

13.5% I think.

[Chamelion]

10.99% comparison rate though easy street. Actually, it's an unsecured personal loan.

Pretty good.. $6000 loan over 3 years works out to only a touch over $1000 in interest.

[FPV 5TH]

7.35% for 5 years

[Smoke Pursuit]

7.2 for my Territory and 7.75 for my Super Pursuit, both 5 years but ill own the Pursuit alot sooner then that if i keep it.

[Dezza]

Zilch. Who would take out a loan for an EA? They're worth nothing.

[fairmont1998]

7.9% fixed on the Focus. Savings & Loans Credit Union.

[GlennBA]

When i had my BA it was insane amounts of interest.. stupid me didn't shop around. It was like 13%. With my new mazda its 8.99% over over 5 years. The falcon was a personal loan through commonwealth bank, and the mazda is a secured car loan through bank of queensland.

[jason71]

Mine is 0%

Just paid it of last pay!

It was about 9.9%

[csv8]

9.5% with Ford Credit last month

[Geez Louise]

7.95% fixed for 4 years....3 payments to go!!! Wahoo!!

[RapidBF]

6.95% fixed for 7 years.

[nugget378]

You missed one option.

I never borrow money for a car,i prefer to save the money first..

[paule11]

Originally Posted by nugget378

You missed one option.

I never borrow money for a car,i prefer to save the money first..

same here I dont borrow for depreciating assetts unless I really have too

[xbgs351]

Originally Posted by nugget378

You missed one option.

I never borrow money for a car,i prefer to save the money first..

+1

.

[347 mont]

Originally Posted by nugget378

You missed one option.

I never borrow money for a car,i prefer to save the money first..

Thats been my life story too,never had a loan in my life, not even the plastic (and still don't have the plastic) until a couple of years ago for my house, but I'm thinking I might get little loans for my future mods. Few grand at a time pay it off and then another pay that off and so on. Other wise I'll be over the hill by the time I do it. A good reason for me is when you have commitment like loan repayment it makes less likely to blow money else where eg pub, fancy clothes buying shite you don't really need.
But you gotta be sencible about it and don't bite off more than you can chew.
I hate mortgages :

[castek]

11% fixed rate. only because i dont have the car as security, or the rate would be 10%

supposed to pay it off in 4 years, but looks like it'll be done in 2

[Xitdxr]

7% secured through St George over 4 years.

[Pinch]

7.3% for the XR on a Macquarie Bank novated lease - ends soon.

0.0% on the Sportsman.

8.3% on my Forester XT through Esanda