

If you want to use your new car as security, you can borrow at a lower interest rate than an unsecured personal loan. This means your repayments will be lower or you may be able to spend more on your dream car.
Learn more about the difference between secured and unsecured loans in our guide to a personal loan.
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Around 600,000 consumers take out a loan to buy a new or used car in Australia every month (Source ABS).
