Car Loan

As of 18 September 2026, the People First Bank Car Loan has a comparison rate of 6.84% (from 6.49% advertised), ranking 27th of 212 unsecured loans tracked by BankMate and sitting 10.29 points below the unsecured market average of 17.13%. It is an unsecured fixed-rate loan for car loan with fees of $250 application. Lenders publish the lowest rate in their range; the rate offered depends on the applicant.

6.84%comparison rate p.a.

from 6.49% advertised · Unsecured · fixed · car loan

Fees: $250 application.

Go to People's Choice and Heritage

Rate over time

Comparison rate · lenders publish the lowest rate in their range

Car Loan
RBA cash rate
Unsecured average

Changes

No changes recorded for this product since tracking began on 12 September 2026.

Rates

Advertised rate: from 6.49% p.a.
Comparison rate: 6.84% p.a.
Rate type: Fixed

Fees

Application fee: $250
Monthly fee: None
Annual fee: None
Early repayment fee: None
Late payment fee: $100

Loan terms

Loan amount: $20,000 – $100,000
Loan term: 1 year to 1 year
Extra repayments: Yes
Early payout: Yes
Redraw: Yes
Flexible repayment frequency: Yes

Eligibility

Minimum age: 18

About this product

Purchase or refinance of a new or used vehicle up to 10 years old through a Dealer or Private Sale

Compare all personal loans