Compare BankSA Car Loans | Interest Rates & Fees - Best Find

Filter Results


Car loan amount

Term of car loan

Features

Type of vehicle loan

Car finance provider

Banksa Car Loans

Secured Personal Loan

Buy the type of car or vehicle you want with interest rates from 12.99% p.a. (comparison rate 9.39% p.a.)

Overview

Minimum loan amount$3,000

Maximum loan amount$80,000

Minimum term1 year

Maximum term7 years

Advertised rate8.49%

Comparison rate9.87%

Monthly repayments (approx)$322

Total repayments (approx)$11,594

Total interest repayments (approx)$1,594

Rate typeFixed

Secured or unsecuredSecured

Security required Yes

Application / establishment fees$195

Other Fees & Information

Monthly fee$9.0

Quarterly fee$0

Annual fee$0

Other fees$0

Missed payment fee$0

Repayment scheduleMonthly

Early repayments allowedNo

Early repayments fee$150

Encumberance/REVVS check fee$0

For used vehiclesYes

SponsoredNo

Telephone1300 100 266

Data accurate as of13.03.2017

Comparison warning The comparison rate is based on a loan of $30,000 and 5 years. This comparison rate is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different comparison rate.

Hide info ˄

results per page

BestFind.com.au provides factual information in relation to financial products. While BestFind.com.au attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and to the best of our knowledge is correct at time of publishing. The information published on BestFind.com.au is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with BestFind.com.au. BestFind.com.au recommends that you read the relevant PDS or offer documentation before taking up any financial product offer. For more information please see BestFind.com.au's Terms of Use and Services Guide.

Compare 100s of car loans

Did you know you can compare 100s of car loans? Review, calculate interest rate repayments, apply online and save by visiting our main car loans comparison page.

Compare and review BankSA car loans

Looking to finance a new or used car, van, truck or motorcycle? When comparing BankSA car loans, there are other key facts to consider and understand, other than just BankSA’s interest rates.

What car loan options are available?

BankSA has 1 car loan product:

  • BankSA Secured Personal loan

View the above table for detailed product information and a comparison of the interest rates, fees and features.

You can also review and compare BankSA personal loansBankSA home loan and BankSA credit cards.

Do you have a BankSA car loans calculator?

Yes. Use the filter to adjust your loan amount and term to calculate your approximate monthly repayments. When you apply the filter, you will see a breakdown of your approximate monthly repayments as well as the total amount of interest and fees paid.

For a more accurate quote, contact BankSA directly.

How to apply for a BankSA car loan?

If you’d like to apply online for a BankSA car loan, just scroll up and click on “Learn more” to be taken to BankSA’s secure online application form. Before you apply, be sure to learn about BankSA’s loan products, fees and eligibility criteria. Give yourself around 30 minutes to complete the car loan application.

BankSA’s car loan eligibility criteria

Before you apply for a car loan, be sure to understand and meet the BankSA’s lending criteria. Below is high-level overview of BankSA’s criteria:

BankSA’s minimum requirements for a car loan

  • Minimum age of 18
  • Earn a minimum of $15,000 per annum
  • You’re buying a car or motorcycle for personal use
  • Minimum loan amount of 3,000 or more
  • You’re a permanent Australian resident or valid work visa holder (457 or other diplomatic visas)

Information you’ll need to provide

Whether at the BankSA branch or online, make sure to have the following details and documents nearby:

  • A current Australian driver’s license (if you have one)
  • Your current employer’s name, contact name and phone number
  • Previous employer, if you’ve changed jobs in the last three years
  • Income, expenses, assets and liabilities (such as other loans or credit cards)

Are you self-employed?

If you’re self-employed, you will also need to provide:

  • Financial statements for the last year (no older than 18 months)
  • Your most recent personal/business tax return (no older than 18 months)

Other things to keeping mind when applying

  • Approval time takes between 1 to 3 business days
  • It’s advantageous to have a good credit history. For example, you have no recent defaults and no frequent requests for credit
  • Credit cards with large credit limits are seen as liabilities, even if there’s nothing owing. If you have existing liabilities, be certain you can pay them off in addition to your BankSA car loan

There are many additional factors BankSA consider when accessing your application, but the above are the most important. If you feel like you may not meet their eligibility criteria, it may be best to save!

What can you use a BankSA car loan for?

Examples of common loan purposes BankSA will lend for:

Additional BankSA car loan information

BankSA’s minimum and maximum car loan amounts and terms

How much can you borrow? Between $3,000 and $80,000, over terms between 1 year and 7 years. Use our filter as a repayment calculator to see your monthly repayments and rates.

Repayment schedule

BankSA allow weekly, fortnightly or monthly repayment.

Extra repayment or early penalties

BankSA doesn’t allow you to make additional or early repayments. There are fees associated with completely repaying your loan off early. View their terms and conditions to learn more about early termination.

Security

BankSA’s Secured Personal Loan requires an asset (typically, the vehicle) as security.