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 Auto Interest Rate In Australia Today  

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Tunde
  • Tunde
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  • Joined: 18-February 23
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Post #1 post 2nd April 2023 - 07:46 AM
The auto interest rate in Australia varies depending on several factors, including the lender, the borrower's credit score and history, the type of vehicle, and the loan amount and term. As of April 2023, the average interest rate for a car loan in Australia is around 5.5% to 6.5% per annum. However, interest rates can range from as low as 2% to as high as 10% or more, depending on the lender and other factors.

It is important to shop around and compare car loan interest rates from different lenders to find the best deal for your financial situation. You can compare car loan interest rates and terms online through various financial comparison websites or by contacting lenders directly.

Additionally, it's important to note that interest rates are subject to change based on market conditions, economic factors, and the lender's policies. So, it is advisable to check the current interest rates before taking out a car loan.
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Jamesatomy
Post #2

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