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Australia's Cheapest Car Loans?

Announcement posted by Revolution Finance 15 Jan 2016

If there is one question we hear all day everyday it’s ‘What’s the interest rate?’

If there is one question we hear all day everyday it’s ‘What’s the interest rate?’ With interest rates getting so much media attention over the last 12 months, Australians have become more and more conscious of the rate of interest they are paying on their car loans and home loans. At Revolution Finance, we couldn’t be happier with this development as we believe we have Australia’s lowest rate car loans.

A quick comparison at ratecity.com.au will show that the lowest advertised car loan rate on their website is 6.59% (6.87% comparison rate) from imb Bank. The cheapest advertised rate from one of the four major banks is ANZ’s Online Secured Car Loan with a rate of 7.55% (8.40% comparison rate). Our car loan rates start from 4.24% with a low comparison rate of 5.10%. That’s more than 2% lower than the next cheapest advertised rate!

Let’s break it down and do a comparison to see how much you could save on a $30,000 car loan. If you decided to go with imb Bank, your monthly repayments over a 5-year term would be $592.15. If you took out the same loan with Revolution Finance, your monthly repayments could be as low as $567.23 per month. That’s a saving of $24.92 per month and a total saving of $1,495.20 over the life of the loan.

Low rate car loans are not our only focus. At Revolution Finance, we pride ourselves on doing things differently. We want to change the way you think about finance and start a financial 'Revolution' (pun intended). With this in mind we have developed a service promise that we make to all potential customers and existing clients alike. Not only do we want to provide you with the best interest rate on the market, we want you to have an excellent experience with us, one that goes above what you would expect a financial services firm to provide.

Don’t take our word for it! Give us a call now on 1300 882 851 or submit an enquiry by visiting www.revolution.finance

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