Fixed interest. Variable rate. Establishment fee. These are all terms that can throw you into a tailspin when searching for the right car loan. But buying a car  doesn’t have to be that difficult. We take a look at the range of car loans available so you know which loan would suit you best.
No Fee Car Loan 
This loan is a great option if you’re in the market to purchase a car up to six years old and want to spend $10,000 or more. You won’t be hit with any establishment, security documentation or monthly account-keeping fees. This loan can benefit you if the loan is for a shorter period of time. For example, a No Fee Car Loan that is paid off in less than three years can end up costing less even though the interest rate is higher than other options because there are no fees.
Low Rate Car Loan 
If you’re willing to pay upfront fees, this loan will save you money in the long run with a low, fixed-interest rate. You can choose to make extra repayments, with no fees or penalties for paying off your loan early. This loan also applies to cars up to six years old and you’ll need to be willing to spend $5,000 or more. You can also get preapproval for so you know how much you can afford to spend on your new car.
Flexi Car Loan 
This loan gives you maximum flexibility with a choice between fixed or variable rates. You also have options when it comes to how you pay off your loan. With a Flexi Car Loan you can choose when and how you make payments, and can also make extra repayments on top of your regular ones.
Novated Lease 
This is an excellent money-saving option if your employer offers a fleet-car program. Essentially, you buy the car through your employer and make lease payments from your before-tax salary. This reduces your taxable income, which means that when tax time rolls around you can expect a healthy refund cheque.
Get into your dream car faster with Beyond Bank’s wide range of car loans  that’ll suit your needs.