LCA
Secured Variable Car Loan (Private Sale)
LCA · pers loans
Provider last updated this product 2026-08-27.
loans.com.au's Secured Variable Car Loan offers a competitive variable rate with flexible repayments to suit your needs. Choose a term from 3 to 7 years, with finance available for new or used cars up to 12 years old, purchased via a private seller. Enjoy the convenience of a redraw facility (up to $5,000 per day) for added flexibility with no early repayment fees.
As published by the lender
- Security - Secured
- Vehicles - New or used vehicles, up to 12 years old
- Headline rates - from 5.94% to 16.64%The lender publishes several headline rates; which one applies is the lender's decision.
Lending rates
| Type | Rate | Comparison^ | Purpose | Repayment | Fixed term | Applies to | Interest |
|---|---|---|---|---|---|---|---|
| VARIABLE | 5.94% | 7.22% | OTHER | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
| Minimum risk-based rate. Individual rates are subject to credit assessment and asset selection. | |||||||
| VARIABLE | 16.64% | 17.92% | OTHER | PRINCIPAL AND INTEREST | - | - | calculated daily, paid monthly |
| Maximum risk-based rate. Individual rates are subject to credit assessment and asset selection. | |||||||
Fees
| Fee | Type | Amount | Details |
|---|---|---|---|
| Monthly Fee | PERIODIC | $8 | A fee charged monthly on the anniversary of the loan settlement. |
| Application Fee | UPFRONT | $500 | - |
Rate history
Rate Comparison rate
The figures behind this chart
| From | Until | Rate | Comparison |
|---|---|---|---|
| 2026-09-25 | 2026-09-30 (current) | 5.94% | 7.22% |
Published figures as captured daily since 2026-09-25. A step is the day the provider's published figure changed; days without a published figure carry the last published value.
Features
Who can apply
- min age - 18Applicants must be at least 18 years old to apply for this loan.
- residency status - Are Australian or New Zealand citizens living and working in either Australia or New Zealand, or are Permanent Residents of Australia living and working in Australia.
Limits
- other - P3YThe loan term must be at least 3 years.
- min limit - 10000.00The minimum loan amount available under this product is $10,000.
- max limit - 150000.00The maximum loan amount available for this product is $150,000. The maximum loan amount for vehicles over 7 years old is $50,000.
- other - P7YThe loan term cannot exceed 7 years. The maximum loan term for vehicles over 7 years old is 5 years.
Last updated by data holder: 2026-08-27T03:56:12.166551Z · Product ID: lca-car-variable-private-sale