As of 18 September 2026, the Westpac Car Loan has a comparison rate of 7.16% (from 5.74% advertised), ranking 39th of 212 unsecured loans tracked by BankMate and sitting 9.97 points below the unsecured market average of 17.13%. It is an unsecured fixed-rate loan for car loan with fees of $250 application · $15 a month. Lenders publish the lowest rate in their range; the rate offered depends on the applicant.
7.16%comparison rate p.a.
from 5.74% advertised · Unsecured · fixed · car loan
Fees: $250 application · $15/mo.
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 5.74% p.a.
- Comparison rate
- 7.16% p.a.
- Rate type
- Fixed
Fees
- Application fee
- $250
- Monthly fee
- $15
- Annual fee
- None
- Early repayment fee
- $175
- Late payment fee
- $15
Loan terms
- Loan amount
- $10,000 – $130,000
- Loan term
- 1 year to 7 years
- Extra repayments
- Yes
- Early payout
- Yes
- Redraw
- No
- Flexible repayment frequency
- Yes
Eligibility
- Minimum age
- 18
About this product
Looking for your next car? Let?s get you moving. Apply online and you could be driving off in no time.