There are a few tricks to finding out exactly what the best car loan interest rates are and a few common tricks which car finance companies and car dealers employ to make you think you are getting a better car finance or car loan interest rate than you are actually getting.

A typical car loan interest rate in Australia at the moment is around 7-8% if you have good credit. If you have impaired or even bad credit than you can expect to pay around double this.

Here is the number 1 tip when applying for Car Finance. Ask the dealer or car finance company if they are quoting the base rate or the actual rate. See, legally car finance companies and dealers will quote you off a base rate, for example 7% and they are entitled to add up to another 4% in brokerage. So it’s important to clarify with whoever you are dealing with that the rate they are quoting you is the actual rate as opposed to the “base rate”.

If you want the best car loan interest rates in town than visit Compare Car Finance for the best possible rates, within seconds they compare the car finance and car loan interest rate market and can tell you who has the best car loan rates in Australia. Use our car loan calculator to see if you qualify.

It’s important to shop around! You may even wish to consider a Chattel Mortgage when you are determining what type of car finance you need.

Get a better deal with this great credit card comparison website. Balance transfer credit cards can help you save money. No annual fee credit card offers are best for people that don’t spend much.

Other sites which may be of interest to you include these Australian favourites:
• Car Lease
• Car Finance

One of things you can count on is the ability to rent a car when you are unable to get car finance.